(EnergyAsia, December 19, Friday) — China’s refiners and petrochemicals producers are facing losses, slower sales and production growth amid the global economic slowdown and financial crisis, said the China Petroleum and Chemical Industry Association (CPCIA). Both sales and production growth slowed markedly in August and September. Oil refiners reported losing more than 120 billion yuan…
CHINA: Oil, chemical sales growth slows amid global turmoil
Posted on December 18, 2008 by EnergyAsia