IHS Chemical Week

World News and Views :: Top of the News

PetroChina widens first-quarter chemical losses, appoints new chairman

4:37 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.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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