petrochemical industry

The Latest

  • BP Exits Petrochemical Business Through $5 Billion Deal
    BP Petrochemicals
    BP has reached an agreement to sell its entire petrochemical business to UK chemical company Ineos for $5 billion.
  • Zhanjiang Refinery Complex Officially Begins Production
    China Petrochemical Industry
    Operations at the Zhongke (Guangdong) integrated refinery and petrochemical project in Zhanjiang kicked off after the successful docking and unloading of a VLCC crude oil tanker from the Middle East.
  • Occidental Petroleum To Cut Spending, Reaches Deal With Carl Icahn
    Occidental Petroleum Corp
    After reaching an agreement with activist investor Carl Icahn, Occidental Petroleum announced a new round of cost-cutting measures that will include pay cuts and reduced capital spending.
  • China's Sinostar Group Company Limited Shows Promising Profitability
    China stocks
    A financial tech startup revealed that China's Sinostar Group Company Limited had been generating significantly higher CEO compensation compared to similar-sized companies.