No Data
No Data
Saudi Aramco seeks to invest in more chemical plants in China.
Saudi Aramco is seeking to invest more in chemical factories in China this year and next, and the company has secured some deals in China to ensure long-term buyers of its crude oil product. Amin Nasser, CEO of Saudi Aramco, said the company is targeting additional facilities to convert oil into chemicals. Saudi Aramco believes that demand for commodities such as plastics will continue to exceed the growth in gasoline and diesel consumption during the energy transition. Nasser said on a earnings conference call Tuesday, "We are currently looking at some investments in China which will be announced at the appropriate time during this year and next."
Investors Will Want Hengli PetrochemicalLtd's (SHSE:600346) Growth In ROCE To Persist
A Look At The Intrinsic Value Of Hengli Petrochemical Co.,Ltd. (SHSE:600346)
Retail Investors Who Hold 34% of Hengli Petrochemical Co.,Ltd. (SHSE:600346) Gained 3.3%, Institutions Profited as Well
Hengli Petrochemical (600346.SH): No current plans for SAF product layout.
On July 4th, Golonghui reported that Hengli Petrochemical (600346.SH) stated on the interactive platform that the company currently has no layout for SAF products. After consulting relevant materials, SAF is a directly usable liquid fuel substitute, and currently SAF is produced using resources such as forestry residues, agricultural waste, waste edible oils and fats, and urban solid waste as raw materials.
Is Hengli PetrochemicalLtd (SHSE:600346) A Risky Investment?
No Data