China Petroleum & Chemical Corporation Stock News

Sinopec's continued development is expected to continue through the current economic challenges the globe is facing. They recently struck deals with US firms while also potentially capitalizing on dev

Chinese state-owned Sinopec plans to add a petrochemical plant to its 280,000 b/d Fujian refining complex as part of its phase two expansion plans, according to a company source. "An ethylene plant will likely be added," the source said, without giving more details as the plans were still at an early stage. The refinery usually operates at around 70% of…

Saudi Aramco said March 8 it and China''s state-owned Sinopec are to study possible capacity expansion at the 280,000 b/d Fujian refinery. The two companies will undertake a feasibility study looking into "optimization and expansion of capacity", Saudi Aramco said in a statement. The company was not available for comment on the volume of planned capacity addition. The agreement, signed…

Read more about BRIEF-Saudi Aramco Signs MoU With Sinopec For Potential Downstream Collaboration In China on Devdiscourse

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SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Qilu Petrochemical Location: Zibo, Shandong, China Product: Polypropylene (PP) Capacity (tonnes/year): 70,000 Event start: 2 March Event…

Shares of Chinese oil companies gained in morning trade, fueled by the rise in crude oil prices amid worries that Russia's invasion of Ukraine will result in severe disruptions to global supply.