[Sinopec signs Kazakhstan polyethylene project]During the state visit of President Tokayev of Kazakhstan to China, Sinopec and Kazakhstan National Oil and Gas Company signed an agreement on the key terms of the joint development of polyethylene project in the Atyrau region of Kazakhstan in Xi'an. The project is the largest natural gas chemical project in the region, and all parties are expected to make a final investment decision in 2024. Sinopec and Kazakhstan have cooperated for many years. The signing of this agreement will bring the cooperative relationship between the two parties to a new level. The combination of Sinopec's capabilities in engineering, marketing, production and operation, and Kazakhstan's strong local capabilities and resource advantages can promote cooperation and complementarity between the two parties and seek win-win development. Edit/Ma Xue
In the first quarter of 2026, the overseas expansion of China's robotics industry accelerated, with a total export value of 11.32 billion yuan for various listed robots, sold to 148 countries and regions worldwide. The export value of newly added tax number category cleaning robots was 7.75 billion yuan, accounting for 68.5% of the total export value of robots and firmly ranking as the main export force. Industrial robots exported 3.16 billion yuan in the first quarter, a year-on-year increase of 42%. The Chinese robotics industry is transforming from a single product output to a comprehensive output of technology, solutions, and services, gradually becoming a new business card for China's foreign trade.Editor/Gong Ziwei
On May 5, 2026, Hengli Heavy Industries held a naming ceremony for two 82000 deadweight ton bulk carriers, which were built by Greek shipowner Dynacom. The two sides have previously cooperated on multiple VLCC and bulk carriers. On that day, Hengli Heavy Industries also collaborated for the first time with European shipowner Beacon Tankers, signing contracts for 2+2 158000 deadweight ton Suezmax tankers. Since 2026, Hengli Heavy Industry has signed a total of 20 oil tankers of this type, which has become the main construction vessel.Editor/Gong Ziwei