-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The market potential for carbon fiber composites is huge
IHS Chem's latest report says the carbon fiber composites market is in the take-off phase and demand will grow
strongly in the future.
The need for lightweighting aimed at reducing fuel consumption or CO2 emissions is the main factor for
its demand growth.
Today, great advances in technology and processing have also significantly expanded the demand for
high-performance carbon fiber.
In addition, the adoption of high-capacity and low-cost fibers and the increase in production efficiency have reduced the production cost
of carbon fiber.
IHS Chemical said that cost has a greater impact on demand, so the increase in production and further improvement in performance will stimulate consumption
.
Significant growth in the fields of pressure vessels, wind turbine blades and automobiles will make industrial applications the largest market for carbon fiber composites, and carbon fiber consumption in industrial applications will grow rapidly at an average annual rate
of 13% during 2012~2018.
Low energy and chemical prices are a wake-up call for U.
S.
petrochemical investment
Persistently low energy and chemical prices are sounding alarm bells for U.
S.
petrochemical investment projects, some of which have recently been delayed or put on hold
.
South Africa's Sasol has said that some of the installation of its ethylene and derivatives project in Lake Charles, Louisiana, USA, will be delayed, while Valero Energy's $700 million methanol project in St.
Charles, Louisiana, has been put on
hold indefinitely.
BASF also said it will reevaluate its methanol-to-propylene (MTP) project
in Freeport, Texas.
The Chinese consortium Northwest Innovation Works (NWIW) has also temporarily suspended a world-scale methanol plant project in Tacoma, Washington
, due to local opposition.
Pan-Canadian Pipelines agreed to acquire Columbia Pipelines
TransCanada Co.
has agreed to buy Columbia Pipeline for
$10.
2 billion.
Pan Canada is the company operating the
controversial Keystone XL pipeline project.
Houston-based Columbia Pipelines owns approximately 15,000 miles of pipeline from New York to the Gulf of Mexico, as well as the largest underground gas storage system in the United States and related natural gas gathering and processing assets
.
Most of the company's assets are located in the Marcellus and Utica shale formations
in Pennsylvania, West Virginia and Ohio.
The deal is valued at $13 billion, including $2.
8 billion in debt
.
The companies said the purchase price was $25.
50 per share, a premium of about 32 percent
over the volume-weighted share price over the past 30 days.
BASF and Avantium plan to establish a joint venture for biopolyesters
BASF and Avantium aim to produce high-pressure polyethylene (PEF) by reacting 2,5-furandicarboxylic acid (FDCA)
and ethylene glycol.
The two companies are forming a joint venture focused on the production of bio-based polyester PEF and its precursor FDCA
.
The joint venture will use technology developed by Avantium to produce FDCA
at its laboratory in Amsterdam, the Netherlands, and at its pilot plant in Geleen.
BASF plans to further develop the process at its Verbund site in Antwerp, Belgium, as well as a demonstration plant
for the production of FDCA with an annual capacity of up to 50,000 metric tons.
FDCA is the basic chemical raw material
for the production of PEF.
Compared to conventional plastics, PEF is characterized by
improved isolation of gases such as carbon dioxide and oxygen.
This allows for longer
shelf life of the packaged product.
Thanks to its increased mechanical strength, thinner PEF packaging
can be produced.
