PetroChina starts a 1.2-million-tonne ethylene complex in Xinjiang – Global Corporate News Digest, 17 Jul 2026

CAPACITY & EXPANSION

SABIC and Rongsheng sign a development pact for a Chinese advanced-materials project

PetroChina starts a 1.2-million-tonne ethylene complex in Xinjiang

A zinc-bromine battery maker advances a plan for an Indian gigafactory

SUPPLY CHAINS & STRATEGIC MOVES

Evonik completes the backward integration of its global methionine network

A Chinese state pharma group moves to take control of pesticide maker Lier Chemical

Baofeng Energy consolidates 600,000 tonnes of coking capacity in Ningxia

MARKETS & FEEDSTOCKS

Firmer crude lifts polyester costs, shifting the cotton-polyester balance