Sinopec

24th World Petroleum Congress Kicks Off in Calgary

Retrieved on: 
Monday, September 18, 2023
Carbon, Diamond, Opening ceremony, Heart, Canadian Association of Petroleum Producers, BP, London Organising Committee of the Olympic and Paralympic Games, Accreditation, Olympic Games, AB, CNPC, Canadian Natural Resources, Platinum, History, Saudi Arabia, Government, WPC, Saudi Aramco, Congress, Accenture, City, World Petroleum Council, Canada House, Sustainability, Calgary Stampede, Natural Resources, ExxonMobil, WestJet, Digital, Social, Social responsibility, Cenovus Energy, Oil, Sinopec, Enbridge

CALGARY, Alberta, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) officially kicks off today, bringing thought leaders from across the global energy industry to Calgary, AB.

Key Points: 
  • CALGARY, Alberta, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) officially kicks off today, bringing thought leaders from across the global energy industry to Calgary, AB.
  • “On behalf of the WPC Organising Committee for Canada, I am thrilled to officially welcome the world to Calgary for the 24th World Petroleum Congress,” said Denis Painchaud, President & CEO, Organising Committee for Canada (“OCAN”).
  • Additionally, a name-changing ceremony took place to officially mark the World Petroleum Council’s transition to its new name, WPC Energy, which was announced earlier this summer.
  • He is only the twelfth recipient of the Dewhurst Award in the nearly 90-year history of the World Petroleum Council.

WGC2023 Publishes Beijing Declaration and the World's First Geothermal Industry Standard

Retrieved on: 
Wednesday, September 20, 2023
Policy, Geothermal energy, Congress, China Petrochemical Corporation, Climate change, 2010 World Geothermal Congress, Standard, Renewable energy, Sinopec

BEIJING, Sept. 20, 2023 /PRNewswire/ -- The 7th World Geothermal Congress (WGC2023) , hosted by China Petrochemical Corporation (Sinopec Group) , has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing.

Key Points: 
  • BEIJING, Sept. 20, 2023 /PRNewswire/ -- The 7th World Geothermal Congress (WGC2023) , hosted by China Petrochemical Corporation (Sinopec Group) , has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing.
  • Beijing Declaration expresses that, with the support of all parties, geothermal energy will become one of the most popular and competitive energy sources in the future.
  • In the meantime, Beijing Declaration is calling to strengthen public awareness and policy support for geothermal development, advance global technological innovation, promote geothermal technology and knowledge exchange, support global energy transformation, and push forward high-quality development of the global geothermal industry.
  • The Standard, which takes China's geothermal practices as a reference to formulate a sustainable utilization and development model of the whole life-cycle of geothermal energy, provides a comprehensive reference of technical standards for the global geothermal industry.

WGC2023 Publishes Beijing Declaration and the World's First Geothermal Industry Standard

Retrieved on: 
Wednesday, September 20, 2023
Policy, Geothermal energy, Congress, China Petrochemical Corporation, Climate change, Multimedia, 2010 World Geothermal Congress, Standard, Renewable energy, Sinopec

BEIJING, Sept. 19, 2023 /PRNewswire/ -- The 7th World Geothermal Congress (WGC2023) , hosted by China Petrochemical Corporation (Sinopec Group) , has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing.

Key Points: 
  • BEIJING, Sept. 19, 2023 /PRNewswire/ -- The 7th World Geothermal Congress (WGC2023) , hosted by China Petrochemical Corporation (Sinopec Group) , has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing.
  • Beijing Declaration expresses that, with the support of all parties, geothermal energy will become one of the most popular and competitive energy sources in the future.
  • In the meantime, Beijing Declaration is calling to strengthen public awareness and policy support for geothermal development, advance global technological innovation, promote geothermal technology and knowledge exchange, support global energy transformation, and push forward high-quality development of the global geothermal industry.
  • The Standard, which takes China's geothermal practices as a reference to formulate a sustainable utilization and development model of the whole life-cycle of geothermal energy, provides a comprehensive reference of technical standards for the global geothermal industry.

World Geothermal Congress 2023 Opens in Beijing, Pushing Forward Ecological Development Strategies to Build A Greener Future

Retrieved on: 
Friday, September 15, 2023
China National Convention Center, Bruce High Quality Foundation, China Petrochemical Corporation, Exhibition, 2010 World Geothermal Congress, Progress, PJ, WGC, Congress, Non-governmental organization, Geothermal energy, Sinopec, Growth, Heat, City, Renewable energy

It is China's first time hosting the international geothermal event of this kind.

Key Points: 
  • It is China's first time hosting the international geothermal event of this kind.
  • China also published the first national report on geothermal development-Report on High-Quality Development of Geothermal Industry in China.
  • Sinopec has one key laboratory for geothermal resource development and owns over 130 technology patents.
  • Sinopec is expected to exceed 100 million square meters of geothermal heating capacity by the end of 2023.

World Geothermal Congress 2023 Opens in Beijing, Pushing Forward Ecological Development Strategies to Build A Greener Future

Retrieved on: 
Friday, September 15, 2023
China National Convention Center, Bruce High Quality Foundation, China Petrochemical Corporation, Exhibition, Multimedia, 2010 World Geothermal Congress, Progress, PJ, WGC, Congress, Non-governmental organization, Geothermal energy, Sinopec, Growth, Heat, City, Renewable energy

It is China's first time hosting the international geothermal event of this kind.

Key Points: 
  • It is China's first time hosting the international geothermal event of this kind.
  • China also published the first national report on geothermal development-Report on High-Quality Development of Geothermal Industry in China.
  • Sinopec has one key laboratory for geothermal resource development and owns over 130 technology patents.
  • Sinopec is expected to exceed 100 million square meters of geothermal heating capacity by the end of 2023.

Polyethylene Terephthalate Market Overview 2023-2027: Estimated Market Size, Major Drivers And Lucrative Segments - By The Business Research Company

Retrieved on: 
Wednesday, September 13, 2023
Asian Development Bank, PET, LyondellBasell, PT, Recycling, Plant, SABIC, Reliance Industries, Food packaging, Sinopec, Indorama Ventures, MDPI, SE, BASF, BASF SE, Growth, ADB, Bottled water

LONDON, Sept. 13, 2023 /PRNewswire/ -- As per The Business Research Company, the global polyethylene terephthalate (PET) market is poised for significant expansion, with an expected increase from $39.18 billion in 2022 to $42.71 billion in 2023, showcasing an impressive compound annual growth rate (CAGR) of 9.0%. Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%. This surge in the polyethylene terephthalate market is primarily attributed to the soaring demand from the packaging industry, which relies heavily on PET due to its exceptional attributes such as transparency, durability, and cost-effectiveness.

Key Points: 
  • Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%.
  • This robust demand from packaging applications acts as a key driver propelling the growth of the polyethylene terephthalate market.
  • The global polyethylene terephthalate market exhibits a concentrated landscape, with a select number of prominent players dominating the market.
  • In 2022, the top ten competitors collectively held a substantial 41.68% share of the polyethylene terephthalate market.

Polyethylene Terephthalate Market Overview 2023-2027: Estimated Market Size, Major Drivers And Lucrative Segments - By The Business Research Company

Retrieved on: 
Wednesday, September 13, 2023
Asian Development Bank, PET, LyondellBasell, PT, Recycling, Plant, SABIC, Reliance Industries, Food packaging, Sinopec, Indorama Ventures, MDPI, SE, BASF, BASF SE, Growth, ADB, Bottled water

LONDON, Sept. 13, 2023 /PRNewswire/ -- As per The Business Research Company, the global polyethylene terephthalate (PET) market is poised for significant expansion, with an expected increase from $39.18 billion in 2022 to $42.71 billion in 2023, showcasing an impressive compound annual growth rate (CAGR) of 9.0%. Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%. This surge in the polyethylene terephthalate market is primarily attributed to the soaring demand from the packaging industry, which relies heavily on PET due to its exceptional attributes such as transparency, durability, and cost-effectiveness.

Key Points: 
  • Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%.
  • This robust demand from packaging applications acts as a key driver propelling the growth of the polyethylene terephthalate market.
  • The global polyethylene terephthalate market exhibits a concentrated landscape, with a select number of prominent players dominating the market.
  • In 2022, the top ten competitors collectively held a substantial 41.68% share of the polyethylene terephthalate market.

Hytera Enters Annual Framework Agreement with Sinopec Group

Retrieved on: 
Friday, September 1, 2023
Data Management, Technology, Manufacturing, Telecommunications, Oil, Gas, Software, Audio, Video, VoIP, Energy, Hardware, Chemicals, Plastics, TETRA, Communication, POC, SZSE, PDT, ICT, BWC, Partnership, Information, Information and communications technology, China Petrochemical Corporation, Construction, Sinopec, Hytera

Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, has won the bid for the 2023-2024 Sinopec Group’s industrial two-way radio equipment procurement in August 2023.

Key Points: 
  • Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, has won the bid for the 2023-2024 Sinopec Group’s industrial two-way radio equipment procurement in August 2023.
  • As the world's largest oil refinery and the second-largest chemical company, Sinopec Group has consistently prioritized the development of its Information and Communication Technologies (ICT) infrastructure.
  • This bid leads to Sinopec Group’s first centralized framework purchase of two-way radio devices and systems.
  • “Hytera has proudly served many petrochemical customers across the world, prioritizing workplace safety above all else.

China's First 10,000-ton Photovoltaic Green Hydrogen Pilot Project Now Fully Built and Put into Production

Retrieved on: 
Thursday, August 31, 2023
Hydrogen, Project, Petroleum, HKG, Carbon, Dual carbon battery, Natural gas, Renewable energy, Sinopec

KUQA, China, Aug. 31, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") completed the construction of the Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project (the "Project"), China's largest photovoltaic green hydrogen production project lately. It is put into operation to produce an annual green hydrogen of 20,000 tons at full capacity, a significant breakthrough in China's scaled industrial applications of green hydrogen.

Key Points: 
  • KUQA, China, Aug. 31, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") completed the construction of the Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project (the "Project"), China's largest photovoltaic green hydrogen production project lately.
  • It is put into operation to produce an annual green hydrogen of 20,000 tons at full capacity, a significant breakthrough in China's scaled industrial applications of green hydrogen.
  • The green hydrogen produced by the Project will supply to Sinopec Tahe Petrochemical to replace the existing natural gas and fossil energy used in hydrogen production, realizing the low-carbon development of modern oil processing and green hydrogen coupling.
  • The Project is China's first large-scale utilization of photovoltaic power generation to produce green hydrogen directly.

China's First 10,000-ton Photovoltaic Green Hydrogen Pilot Project Now Fully Built and Put into Production

Retrieved on: 
Thursday, August 31, 2023
Hydrogen, Project, Petroleum, HKG, Multimedia, Carbon, Dual carbon battery, Natural gas, Renewable energy, Sinopec

KUQA, China, Aug. 31, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") completed the construction of the Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project (the "Project"), China's largest photovoltaic green hydrogen production project lately. It is put into operation to produce an annual green hydrogen of 20,000 tons at full capacity, a significant breakthrough in China's scaled industrial applications of green hydrogen.

Key Points: 
  • KUQA, China, Aug. 31, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") completed the construction of the Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project (the "Project"), China's largest photovoltaic green hydrogen production project lately.
  • It is put into operation to produce an annual green hydrogen of 20,000 tons at full capacity, a significant breakthrough in China's scaled industrial applications of green hydrogen.
  • The green hydrogen produced by the Project will supply to Sinopec Tahe Petrochemical to replace the existing natural gas and fossil energy used in hydrogen production, realizing the low-carbon development of modern oil processing and green hydrogen coupling.
  • The Project is China's first large-scale utilization of photovoltaic power generation to produce green hydrogen directly.