Petrochemicals

COVID-19 could Cost Ethanol Industry $10 Billion

The COVID-19 crisis has led to more than $3.4 billion in lost revenues for the U.S. ethanol industry, according to an economic analysis released by the Renewable Fuels Association. Based on the latest projections from the Energy Information Administration and the Food and Agriculture Policy Research Institute, the RFA study …

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Iran March-May Petchem Output up 6% Y/Y

The director of production control at the National Petrochemical Company said: From the beginning of this [calendar] year (March 20) to May 10, the country’s petrochemical complexes achieved a 6% increase in production compared to the same period last year. According to NPC, Seyed Jalal Mir Hashemi, referring to the …

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China’s Largest Petrochemical Port is Now Operational

The 338,371 cbm tanker was welcomed at the new 300,000-tonne crude oil terminal of Sinopec Zhongke Refinery Port, which forms part of the company’s “front terminal, rear plant” production model. Housed 1,100 metres from Sinopec’s refinery plant, the petrochemical port features eight terminals including a 300,000-tonne crude oil berth, 100,000-tonne …

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