22 July 2010 11:17 [Source: ICIS news]
SHANGHAI (ICIS news)--?xml:namespace>
Some chemical plants in southwest
Chlor-alkali companies in
Sinopec said yesterday that over 100 oil wells in Jiangsu province were inundated and will only resume operation after one or two weeks.
Flash floods, mudslides, swollen rivers and burst dikes have been reported across 27 provinces, including
Provinces in central and northeast
The flooding this year – the worst that China has seen since 1998 – has killed 700 people, left nearly 350 missing and destroyed 645,000 houses and 7m hectares of farmland, costing the country yuan (CNY) 142bn ($20.9bn), the Ministry of Water Resources said.
Sam Liang, Nicole Zhang and Echo Ma of CBI China contributed to this article
($1 = CNY6.78)
For more on China-based producers like Sinopec, visit ICIS company intelligence
Read John Richardson and Malini Hariharan’s Asian Chemical Connections blog
To discuss issues facing the chemical industry visit ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|