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PetroChina posts best quarterly performance in 7 years-Eastday

From:ChinaDaily | 2021-04-30 09:38
PetroChina Company Limited announced on Thursday that the company s operating results has achieved the best quarterly performance in the past 7 years, amid the backdrop of macroeconomic recovery and demand rebound in the oil and gas market.
The company recorded net profit of 27.7 billion yuan ($4.28 billion) in the first three months of this year, achieving the best quarterly performance in the past 7 years. The revenue meanwhile reached 551,923 million yuan, representing an increase of 8.4 percent year-on-year, it said in a release.
Major products also registered growth in both production and sales. Domestic oil and gas equivalent output was 373 million barrels, representing an increase of 4.3 percent year-on-year. Marketable natural gas output was 1.12 trillion cubic feet, showing a rise of 9.6 percent year-on-year, it said. ....

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PetroChina Filed Annual Report on Form 20-F

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BEIJING, April 29, 2021 /PRNewswire/ PetroChina Company Limited ( PetroChina or the Company , SEHK stock code 0857; NYSE symbol PTR; SSE stock code 601857) announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the United States Securities and Exchange Commission (the SEC ), which includes its audited financial statements.
The report can be accessed through SEC s website www.sec.gov and the Company s website www.petrochina.com.cn. A soft copy of the report in pdf format is available for download through the Company s website. Upon request by a shareholder, the Company will deliver a hard copy of the report free of charge within a reasonable time. ....

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Global Polypropylene Markets, 2019-2020 & 2030 - Increasing Use in Packaging Industry & Growing Nonwoven Polypropylene Fiber Industry

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ResearchAndMarkets.com s offering.
The major factor driving the demand for polypropylene (PP) is the rising usage of the chemical in the packaging sector and nonwoven fibers.
As a result, from $122.7 billion in 2019, the polypropylene market is projected to grow to $226.8 billion by 2030, witnessing a 5.7% CAGR during 2020-2030 (forecast period). One of the most commonly used plastics, PP is made up of multiple monomers of propylene. It is a crystalline and rigid linear resin obtained from hydrocarbons.
Copolymer and homopolymer are the bifurcations under the type segment of the industry. Of these, the homopolymer bifurcation held the larger share in the polypropylene market during the historical period (2014-2019), on account of the higher rigidity of homopolymers than copolymers, which makes the former more popular. This product easily tolerates chemical exposure and extreme temperatures, is easily weldable, and offers ....

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