Independent refineries in Shandong import less than half July 2020 tonnage as cheaper barrels from Russia and Iran edge out Brazilian crudes.
Lusofonia
Proposed facility would refine 85,000 barrels daily and produce asphalt, plastic containers and other petroleum derivatives.
China and Europe represent one-third of world’s economic output and a quarter of its population, making them ‘world’s two major forces’.
Projects in Piauí and Ceará mark SPIC’s entry to new market; company aims to be one of top three private players in country’s power generation by 2025.
Survey notes Portuguese economy grew at its fastest pace in decades last year, and attracted 200 FDI projects, 30% more than in 2020.
Company plans rapid expansion by reducing waste, maximising processes, gaining flow and investing in people, president Aldenir Sgarbossa says.
Trip aims to promote Hong Kong’s business advantages and opportunities, highlighting its strategic role in the Greater Bay Area.
Thailand’s SCG Chemicals to increase plastic recycling by 25% at Portugal-based subsidiary Sirplaste
Company aims to increase its annual capacity for post-consumer recycled resins to 45,000 tonnes due to strong European demand.
China plans to encourage Chinese enterprises to invest and start businesses in Timor-Leste, contributing to its development and revitalisation.