IHS Chemical Week

World News and Views :: Top of the News

PetroChina widens first-quarter chemical losses, appoints new chairman

9:47 AM MDT | April 26, 2013 | Natasha Alperowicz

PetroChina says that demand for refined products in the first quarter of this year was weak, while the petrochemicals market remained depressed. China’s GDP experienced a slowdown in growth, with a rise of 7.7% compared with the same period of last year. As a result of prolonged weakness in the petrochemicals market, the company’s chemicals operations incurred an operating loss of 3.18 billion renminbi ($516.04 million), compared with Rmb2.77 billion in the year-earlier period. The refining and chemicals segments combined recorded an operating loss of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa