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Sinopec Shanghai lowers crude stocks to control cost impact from oil price fluctuation

Sinopec Shanghai Petrochemical has reduced its crude inventories by 100,000-150,000 mt from normal levels in an effort to control the cost impact from international crude price fluctuation, Wu Haijun, the company’s chairman, said March 24. The 14 million mt/year (280,000 b/d) Shanghai Petrochemical is Sinopec’s only listed refinery, and its plans are typically representative of ...
United States Huang Fei Wu Haijun Administration Of Customs Eastern Airline Reform Commission

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China's plants cut runs; demand in Japan set to rise | Hellenic Shipping News Worldwide

The average utilization rate of China’s four state-owned refiners fell from 84% in August to 82% in September, while independent refiners also cut run rates by two percentage points. As a result, the country’s crude throughput is likely to fall further from the 15-month low of 58.35 million mt in August, data from the National ...
Saudi Arabia Tokyo Bay Japan General Idemitsu Kosan Norinco Huajin Sinochem Quanzhou

Shanghai launches 64 projects worth $42b--China Economic Net

Shanghai launched 64 new projects with a combined investment of 273.4 billion yuan ($42.2 billion) on Monday, involving high-end industries, scientific and technological innovation, infrastructure, major livelihood and other fields. The projects will spread across the city and will further unleash Shanghais enormous development potential. It includes manufacturing, integrated circuits, biomedical and artificial intelligence projects, as well as high-end industrial chain programs of technologica...
Ying Wei Guo Weilu Chen Jianliang Yao Kai Wu Haijun China State Shipbuilding Corp
Source: en.ce.cn

Xiong'an leads in blockchain tech use

Xiongan leads in blockchain tech use By ZHANG YU in Xiongan, Hebei | China Daily | Updated: 2020-12-15 09:10 Share CLOSE An unmanned express delivery vehicle runs on the street of Xiongan citizen service center in Xiongan New Area, North Chinas Hebei province on March 31, 2019. [Photo/Xinhua] The Xiongan New Area in North Chinas Hebei province has become the first city to use blockchain technology for development after it launched a ci...
Chen Gang Meng Hongwei Zeng Yufeng Wu Haijun Xiongan Blockchain Lab Technology Co Ltd

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