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Issue 21/2021 - Global Chemicals Quick Facts
Time of Update: 2022-11-12
Natural gas shortages have forced power plants to switch to oil to push up demandThe International Energy Agency (IEA) says soaring gas and coal prices are forcing power generation companies and manufacturers to switch to oil, which could add 500,000 barrels a day to average global oil demand.
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Issue 22, 2021 - DuPont makes a major strategic adjustment
Time of Update: 2022-11-12
DuPont said the enterprise value multiple of the transaction is approximately 19 times the estimated operating profit before interest, taxes, depreciation and amortization (EBITDA) in 2022, and the acquisition is expected to close in the second quarter of 2022, subject to regulatory and Rogers shareholder approvals.
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Phase 5 2022 - Vietnam builds the largest PBAT plant in Southeast Asia
Time of Update: 2022-11-12
After being put into production, it will meet 100% of APH's raw material needs and reduce the cost of biodegradable plastic products by 20%~30%.
After being put into production, it will meet 100% of APH's raw material needs and reduce the cost of biodegradable plastic products by 20%~30%.
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Issue 21/2020 - Global Chemicals Quick Facts
Time of Update: 2022-11-12
Gulf Coast petrochemical expansion boom "suspended"As the new crown pneumonia pandemic curbed the rapid growth of plastic demand, overcapacity in the market, and a sharp decline in profits, many companies suspended the investment of billions of dollars in the US Gulf Coast petrochemical expansion project, and the new round of petrochemical expansion boom in the United States pressed the "pause button".
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Issue 23/2020 - Momentive invests in polyurethane additives production capacity in Italy
Time of Update: 2022-11-12
The plant will serve customers in Europe, Russia and Turkey and is expected to be fully operational by mid-2022.
The plant will serve customers in Europe, Russia and Turkey and is expected to be fully operational by mid-2022.
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Issue 11/2022 - Global Chemicals Quick Facts
Time of Update: 2022-11-12
French demand for automotive lubricants rose 3% y-o-y to 29,216 mt in March, while it fell 2% y/y to 137731 t in the first quarter.
French demand for automotive lubricants rose 3% y-o-y to 29,216 mt in March, while it fell 2% y/y to 137731 t in the first quarter.
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Issue 15/2020 - Global Chemicals Quick Facts
Time of Update: 2022-11-12
According to IHS Markit, PTA production capacity in Northeast Asia reached 56 million mt/year in 2019 and 53.
According to IHS Markit, PTA production capacity in Northeast Asia reached 56 million mt/year in 2019 and 53.
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Issue 8/2022 - Global Chemicals Quick Facts
Time of Update: 2022-11-12
The UK government unveils a new energy security strategyOn April 7, the UK government unveiled details of a new energy security strategy that includes renewed support for oil and gas extraction and £120 million in funding for new nuclear power projects.
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Issue 15/2020 - 【Performance of Chemical Giants】
Time of Update: 2022-11-12
In the first half of the year, the company's core business sales volume decreased by 13.
In the first half of the year, the company's core business sales volume decreased by 13.
In the first half of the year, the company's core business sales volume decreased by 13.
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Issue 14/2022 - Global Chemicals Quick Review
Time of Update: 2022-11-12
The 48 North American grease plants surveyed produced approximately 374 million pounds of grease last year, accounting for 14 percent of the world's total grease production of 2.
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Issue 21/2020 - ADNOC to divest 20% of natural gas pipeline assets
Time of Update: 2022-11-12
ADNOC will be stripped off20% gas pipeline assetsAccording to foreign media recently, Abu Dhabi National Oil Company (ADNOC) announced that it will transfer 20% of the natural gas pipeline assets managed by ADNOC Natural Gas Pipeline Company to Abu Dhabi Pension Fund (ADPF) and a regional holding company ADQ.
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Issue 8 2021 - DSM acquires Amyris' biointermediates business
Time of Update: 2022-11-12
DSM will acquire a business that currently consists of seven intermediate products, of which four have already generated significant sales and EBITDA, two have just been launched and one is in development, which will be added to DSM's existing Personal Care and Aroma Ingredients businesses.
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Issue 14/2022 - ExxonMobil to sell Canadian assets
Time of Update: 2022-11-12
ExxonMobil will sell its Canadian assetsExxon Mobil said it would sell its Canadian assets later this year for a total cash consideration of $1.
ExxonMobil will sell its Canadian assetsExxon Mobil said it would sell its Canadian assets later this year for a total cash consideration of $1.
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Phase 2 2022 - Asia's first recycled PP plant announced
Time of Update: 2022-11-12
The cooperation aims to create a joint venture that can not only recycle plastic waste and provide ultra-pure recycled PP to South Korea, but also develop diversified consumer products.
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Issue 9/2022 - OMV transforms into a chemical and materials producer
Time of Update: 2022-11-12
Stern said the chemicals and materials business would be "the company's growth engine," with the goal of achieving net-zero emissions by 2050 and stopping all oil and gas production for energy use.
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Issue 21/2021 - LG Chem will build technical centers in Europe and the United States
Time of Update: 2022-11-12
The construction of technical centers in Europe and the United States will strengthen LG Chem's position in the European and American markets, and the new technical center is expected to be operational in 2023.
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Issue 5/2021 - Shell announces its Green Transition Plan
Time of Update: 2022-11-12
Shell said it will rebalance its portfolio in the near term, investing $5 billion ~ $6 billion annually in its growth areas, including marketing, renewable energy and energy solutions.
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Issue 22, 2020 - Evonik completes acquisition of Bullojie
Time of Update: 2022-11-12
With immediate effect, Pinrojie's business will be included in Evonik's sales and earnings.
With immediate effect, Pinrojie's business will be included in Evonik's sales and earnings.
With immediate effect, Pinrojie's business will be included in Evonik's sales and earnings.
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Issue 16/2020 - Global Chemicals Quick Facts
Time of Update: 2022-11-12
In a worst-case scenario, where the adverse economic impact of the coronavirus pandemic increases consumer sensitivity to prices, the global bio-based lubricants market will grow at a CAGR of 1.
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Issue 10 2022 - ARLANXEO expands hydrogenated nitrile rubber plant
Time of Update: 2022-11-12
ARLANXEO expands hydrogenated nitrile rubber plantARLANXEO is strengthening its strategic deployment by investing in its hydrogenated nitrile butadiene rubber (HNBR) plant in Leverkusen, Germany. The
