China Petrochemical Corporation

Global Polyolefin Market Size, Share & Trends Analysis Report 2023-2033: Industry Growth Fueled by Weight Reduction in Automotive Applications - ResearchAndMarkets.com

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星期三, 十一月 29, 2023

The global polyolefin market is anticipated to reach USD 357.3 billion by 2030.

Key Points: 
  • The global polyolefin market is anticipated to reach USD 357.3 billion by 2030.
  • The market is poised for growth due to increasing adaptation across the end-use industries.
  • The polyethylene (PE) led the market for market across the product segmentation and accounted for a revenue share of over 38.0% in 2022.
  • The film & sheet led the market for market across the application segmentation and accounted for a revenue share of over 25.0% in 2022.

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

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星期三, 九月 20, 2023

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: 
星期三, 九月 20, 2023

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.

Zhao Dong Attends UNGC Board Meeting

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星期一, 九月 18, 2023

XIAMEN, China, Sept. 18, 2023 /PRNewswire/ -- On September 17 (GMT-5), during the UN General Assembly Week and SDG Summit, Zhao Dong, Chairman and Party Secretary of Xiamen Airlines, as the only Chinese board member of the United Nations Global Compact (UNGC), was invited to attend the UNGC board meeting to provide strategic and policy advice on behalf of the Chinese business community.

Key Points: 
  • XIAMEN, China, Sept. 18, 2023 /PRNewswire/ -- On September 17 (GMT-5), during the UN General Assembly Week and SDG Summit, Zhao Dong, Chairman and Party Secretary of Xiamen Airlines, as the only Chinese board member of the United Nations Global Compact (UNGC), was invited to attend the UNGC board meeting to provide strategic and policy advice on behalf of the Chinese business community.
  • The meeting was attended by the UN Secretary-General, Antonio Guterres, and presided over by the Assistant UN Secretary-General and CEO & Executive Director of UNGC, Sanda Ojiambo.
  • The board of UNGC is an important part of the UNGC governance structure.
  • In the future, Zhao will fulfill his responsibility as a UNGC board member, actively participate in UNGC affairs, and further unify the concepts of "Global Development Initiative" and "A Community of Shared Future for Mankind" with UNGC's "Sustainable Development Goals" and "Ten Principles", share China stories and speak up for Chinese enterprises.

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

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星期五, 九月 15, 2023

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: 
星期五, 九月 15, 2023

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.

Hytera Enters Annual Framework Agreement with Sinopec Group

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星期五, 九月 1, 2023

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.

Sinopec Signs Key Terms Agreement with Kazakhstan for Polyethylene Project

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星期一, 五月 22, 2023

BEIJING, May 22, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region on May 18 in Xi'an, China.

Key Points: 
  • BEIJING, May 22, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region on May 18 in Xi'an, China.
  • The agreement, signed during Kazakh President Kassym-Jomart Tokayev's visit to China, marks that Sinopec will participate in and push forward the project as a cooperative partner.
  • The polyethylene project will be the largest natural gas and chemical project in the region, the investment decision of which is expected to be finalized in 2024, and when Sinopec formally joins the project in the future, all parties will sign an equity acquisition agreement and other legally binding documents of relevance.
  • Headquartered in Astana, KazMunayGaz represents the interests of the Republic of Kazakhstan in the oil and gas industry.

Sinopec Signs Key Terms Agreement with Kazakhstan for Polyethylene Project

Retrieved on: 
星期一, 五月 22, 2023

BEIJING, May 22, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region on May 18 in Xi'an, China.

Key Points: 
  • BEIJING, May 22, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region on May 18 in Xi'an, China.
  • The agreement, signed during Kazakh President Kassym-Jomart Tokayev's visit to China, marks that Sinopec will participate in and push forward the project as a cooperative partner.
  • The polyethylene project will be the largest natural gas and chemical project in the region, the investment decision of which is expected to be finalized in 2024, and when Sinopec formally joins the project in the future, all parties will sign an equity acquisition agreement and other legally binding documents of relevance.
  • Headquartered in Astana, KazMunayGaz represents the interests of the Republic of Kazakhstan in the oil and gas industry.

The global grease market size is projected to reach USD 6.9 billion by 2027 from USD 5.8 billion in 2022, at a CAGR OF 3.6%

Retrieved on: 
星期四, 十二月 8, 2022

Key Points: 
  • The global grease market size is projected to reach USD 6.9 billion by 2027 from USD 5.8 billion in 2022, at a CAGR OF 3.6%.
  • Grease are widely used in automotive, construction, general manufacturing, metal production, mining, power generation, agriculture, and other industries.
  • Widespread applications, oxidative stability, and operational temperature range are the key factors driving the metallic soap thickener segment of the grease market.
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