Friday, January 25, 2013

China's oil refinery output to increase in December 2012

The 2nd IEOE China (Beijing) International Edible Oil Industry Expo (the Expo) was guided by Oils and Fats Sub-asso, Chinese Cereals and Oils Association etc. in Beijing during Oct. 23-25, 2012, attended by 181 enterprises. Since corn oil has been developing fast in recent years, some corn oil producers such as Changshouhua Food Company Limited and Shandong Xiwang Food Co., Ltd. participated the Expo as well. In the Expo, corn oil producers introduced their products to other participants, promoting and raising the reputation of corn oil.

China's oil refinery output will increase to about 42 million metric tons in December, up 7.3 percent year-on-year, indicating that the country's economy is gradually warming up at the end of the year, said Shanghai-based industrial information provider ICIS C1 Energy. 

Sinopec Group and PetroChina Co -- the two biggest oil and gas companies in the country -- will process 32.51 million tons of crude oil in total this month, up 1.27percent compared with last month, C1 Energy said.

C1 Energy's estimates are based on data from 35 refiners owned by Sinopec and 31 refiners owned by PetroChina. Their total refining capacities take up about 67 percent of the country's total capacity.

Production and Market of Polyacrylamide in China will keep you informed with the latest intelligence of PAM key producers. As of March 2012, there are more than 100 producers of PAM in China, but the production scale of them is usually small. The top 13 producers take up around 80% share by capacity in March 2012. Different producers have different core products of PAM. And parts of them are going to expand their production lines of PAM.

About CCM
CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.
For more information, please visit
CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606

No comments: