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[Shandong: The high-end chemical industry plans to anchor 16 development directions during the "15th Five-Year Plan" period] On September 19, the Shandong Provincial Department of Industry and Information Technology recently solicited opinions from the public on the "Shandong Province's "15th Five-Year Plan" High-end Chemical Industry Development Implementation Plan (Draft for Comment)". It is proposed that by 2030, the added value of the province's chemical industry will grow by more than 5% annually on average, and the economic benefits of high-end chemical industry will account for about 65% of the province's chemical industry. The energy supply system and raw material security structure in the basic chemical industry have been further optimized, and the competitiveness of products in the fields of new chemical materials and fine chemicals has been significantly improved. It proposed the implementation of three major actions to strengthen the foundation of the basic chemical industry, strengthen the new chemical materials industry, and innovate and improve the quality of the fine chemicals industry, and clarified the development direction of 16 subdivided areas such as petrochemicals, coal chemical, and salinization.
#Chemical#Chemical industry#Petrochemical industry#Energy Industry News#new materials09-19 13:22
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[Beijing: Comprehensively promote the green transformation of industries. By 2030, the output value of national green factories will account for 50% of the total output value of manufacturing industries above designated size] On September 9, the Beijing Municipal People's Government issued the "Beijing High-Precision Industry Development Plan during the 15th Five-Year Plan Period". It pointed out that we will comprehensively promote the green transformation of industries. Continuously improve the green manufacturing system, cultivate green manufacturing units in a gradient manner, and improve the level of green development. The new project targets the construction of municipal green factories. By 2027, enterprises above designated size with production and manufacturing capabilities will basically achieve green standards. By 2030, the output value of national green factories will account for 50% of the total output value of manufacturing industries above designated size. Accelerate the green renewal of traditional industries, improve the synergy level of pollution reduction and carbon reduction in the manufacturing sector, and build zero-carbon factories, zero-carbon parks and beautiful factories. Promote the transformation of Yanshan Petrochemical and the high-quality development of Yanshan region.
#Futures Market Intelligence#Petrochemical industry09-09 15:51
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[Oil, gas and petrochemical sectors continue to rise, petrochemical machinery and Huajin shares both hit the limit] On September 8, near the end of the trading day, the oil, gas and petrochemical sectors continued to rise, with Huajin shares and petrochemical machinery hitting the limit. Previously, Zhongman Petroleum hit the limit, and Keli shares, Tongyuan Petroleum, Hengyi Petrochemical, Donghua Energy, Shandong Molong and other stocks rose by more than 5%. On the news, many energy facilities in Saudi Arabia were attacked and set on fire. The Houthi armed forces said they would attack Saudi Arabia deeply. The price of WTI crude oil futures rose nearly 3% during the day and stood at 94 US dollars per barrel.
#Live broadcast#Petrochemical industry09-08 14:49
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[The world's largest coal-to-ethylene glycol project under construction has made new progress] September 5th, according to China National Chemical Engineering Group Co., Ltd., recently, the air separation unit of Hengyi Energy Technology (Turpan) 2.4 million tons/year high-quality fiber coal-to-ethylene glycol project, constructed by China National Chemical Engineering Corporation, officially started construction, marking the groundbreaking of the core supporting projects of the world's largest coal-to-ethylene glycol project under construction. This project is the first phase of the 100-billion-level coal-to-chemical spinning new material integration project in Turpan City, with a total investment of 25.7 billion yuan.
#Chemical#Petrochemical industry09-05 22:15
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[The State Administration for Market Regulation unconditionally approved the new joint venture between Jingrui Electronic Materials and Gaoqiao Petrochemical Co., Ltd.] On September 4th, the State Administration for Market Regulation released a list of cases that unconditionally approved the concentration of undertakings from August 24 to August 30, 2026, including the case of Posco Holdings Co., Ltd.'s acquisition of the equity of Li Holdco Pty Ltd, the case of Jingrui Electronic Materials Co., Ltd. and Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd.'s new joint venture, and the acquisition of INCLOO by AISG Labs Pte. Ltd. TECHNOLOGY PTE. LTD. equity case, Shandong Jixin Industrial Development Co., Ltd.'s acquisition of Jiangsu Chang Aluminum Group Co., Ltd.'s equity case, ConocoPhillips Iraq Holding Co., Ltd.'s acquisition of BP Kirkuk Energy Co., Ltd.'s case, British Columbia Investment Management Company and Dutch Huiying Asset Management Co., Ltd. and other operators' acquisition of some assets of Hancock Chile Plantation Co., Ltd., Munich Re's acquisition of Vifford GP S.à r.l.'s equity case, CP Industrial Capital Management Co., Ltd. and C2X LTD's new joint venture case, and Dana Co., Ltd.'s acquisition of part of Eaton Co.'s business.
#Cook#AI#Crude oil market dynamics#Energy Industry News#Chemical industry#Petrochemical industry09-04 15:27
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[The periodic gas injection volume of the Dagang Oilfield gas storage group exceeds 2 billion cubic meters Another record high] August 29th, according to the Dagang Oilfield Tianjin Gas Storage Branch, so far, the cumulative gas injection volume of the Dagang Oilfield gas storage group in this round of gas injection cycle has exceeded 2 billion cubic meters, completing 90% of the overall gas injection plan, an increase of 8% from the same period last year. The cycle gas injection volume has once again set a new historical record, providing sufficient "basic gas" to ensure the supply of natural gas in the Beijing-Tianjin-Hebei region in winter.
#Petrochemical industry#natural gas08-29 17:50
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[The President of Iran said that the United States will not open the Strait until it abides by its commitments] August 29. On August 28, local time, Iranian President Pezhechiyan said in an interview that if the United States can fulfill its commitments and lift its maritime blockade on Iran, lift sanctions on Iranian oil and petrochemical products, unfreeze Iran's frozen funds, start investment, force Israel to stop its actions in Lebanon and comply with relevant agreements, then Iran will naturally open the Strait of Hormuz in accordance with previously approved policies. Pezeshchiyan also said that Iran will reach an agreement with neighboring countries through dialogue to jointly ensure regional security. (CCTV International News)
#middle east conflict#Petrochemical industry#Shipping futures08-29 15:37