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TUM Wacker Institute for Industrial Biotechnology established
Time of Update: 2022-08-31
The aim of the new institute is to further elevate German industrial biotechnology research to the international advanced level, in order to unite all parties to develop new methods of producing specialty chemicals and active ingredients from renewable raw materials and contribute to sustainable economic development .
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LANXESS EBITDA increased by 14.5% year-on-year
Time of Update: 2022-08-31
According to the second-quarter financial report released by Lanxess on August 9, the company's revenue increased again under the severe situation of rising raw material and energy costs and difficult logistics conditions .
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Saudi crude oil exports continue to rise in June
Time of Update: 2022-08-30
On August 17, data released by the Joint Organization Data Initiative (JODI) showed that Saudi Arabia’s crude oil exports increased in June, while production rose to a more than two-year high .
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Latin American countries have entered the green hydrogen market
Time of Update: 2022-08-30
Many countries vigorously promote green hydrogen projects Recently, Unigel, Brazil's largest nitrogen fertilizer producer, announced that it will invest US$120 million in green hydrogen production.
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Honeywell China Tianying joins hands to create waste plastic chemical recycling project
Time of Update: 2022-08-30
Tianying will use Honeywell's UpCycle process to turn mixed waste plastics into high-quality recycled polymer raw materials (RPF), and establish a commercial plastic recycling plant in Jiangsu Province to help the development of a plastic circular economy .
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Mitsubishi Chemical Holdings net profit falls
Time of Update: 2022-08-30
Nevertheless, Mitsubishi Chemical Holdings maintained its full-year profit and sales expectations, with a net profit of 153 billion yen, an operating profit of 277 billion yen, and sales of 4.
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ANRPC: Global natural rubber production slightly increased in July
Time of Update: 2022-08-30
5% from the previous month; natural rubber consumption increased by 8% to 1.
5% from the previous month; natural rubber consumption increased by 8% to 1.
5% from the previous month; natural rubber consumption increased by 8% to 1.
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New Heraeus Greater China Headquarters Completed
Time of Update: 2022-08-30
According to reports, the construction of the new regional headquarters of Heraeus combined with the original facilities, transformed and upgraded, and formed the "flagship store" of Heraeus in Shanghai, which integrates functional services, precious metal trading, innovative research and development and high-end manufacturing.
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Sinopec National Engineering won the bid for drilling and workover project
Time of Update: 2022-08-30
Especially since 2014, with the implementation of oilfield comprehensive services and drilling and completion general contracting service projects, the cooperation between the two parties has achieved a qualitative leap, and the cooperation in market development, workload replacement, technical mutual assistance, and mutual learning of experience has continued.
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Chemours net income triples year over year
Time of Update: 2022-08-30
APM segment sales were $401 million, up 11% year-over-year; adjusted EBITDA was $107 million, up 35% year-over-year .
APM segment sales were $401 million, up 11% year-over-year; adjusted EBITDA was $107 million, up 35% year-over-year .
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China Global Iraq project new well site put into production
Time of Update: 2022-08-30
On August 16, good news came from the FH-22 well site in Basra Ninth Oilfield, Iraq, which was executed by China Global Middle East Company as the general management contractor (PMC): after the test operation, all production indicators of the well site met the design requirements, marking The well site was successfully put into production at one time, laying the foundation for the oilfield to achieve the goal of producing 100,000 barrels per day .
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Indian Oil Corporation's bioethanol plant starts operation
Time of Update: 2022-08-30
Recently, Indian Oil Corporation held a ceremony to celebrate the commissioning of its second-generation bioethanol plant in Panipat, Haryana, northern India .
Recently, Indian Oil Corporation held a ceremony to celebrate the commissioning of its second-generation bioethanol plant in Panipat, Haryana, northern India .
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BASF expands production of specialty pyrrolidones in North America
Time of Update: 2022-08-30
Thanks to the multi-million dollar investment in Geismar, BASF will be able to To meet the growing needs of downstream customers .
Thanks to the multi-million dollar investment in Geismar, BASF will be able to To meet the growing needs of downstream customers .
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Sumitomo Chemical's profits surge
Time of Update: 2022-08-30
6 billion yen; operating profit increased by 17% year-on-year to 15.
6 billion yen; operating profit increased by 17% year-on-year to 15.
6 billion yen; operating profit increased by 17% year-on-year to 15.
6 billion yen; operating profit increased by 17% year-on-year to 15.
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Bridgestone increases investment in Southeast Asia rubber plantation
Time of Update: 2022-08-30
The goal of the investment is to ensure a sustainable supply of natural rubber and, through the sustainable operation of natural rubber plantations, contribute to a circular economy and carbon neutrality across the value chain .
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Eastman revenue up 15% year over year
Time of Update: 2022-08-30
Eastman said prices for the company's specialty products rose sharply in the second quarter, helping spreads recover from a contractionary trend from 2021 and keep pace with rising raw material, energy and distribution costs .
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Prices fell, but all parties in the market said their own words - the outlook for international oil prices is still confusing
Time of Update: 2022-08-30
EIA's short-term energy outlook released recently shows that although the US domestic crude oil production and oil demand will increase in 2022 as the economy grows, the EIA has lowered its previous forecast .
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Energy shortage, the weather is "to blame" - the challenge of European enterprises intensifies
Time of Update: 2022-08-30
Different from the cooler weather in the past, Europe has experienced continuous dry and hot weather this year, which has caused European chemical companies to face huge cost and supply challenges in August.
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Clariant: Sustainability will be a priority
Time of Update: 2022-08-30
Double-digit growth in key businessesDouble-digit growth in key business Double-digit growth in key business Clariant expects continued strong growth in the second half of the year, with full-year sales of CHF 5 billion, and expects higher EBITDA levels compared to the same period last year .
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CATL invests heavily in building a Hungarian battery factory
Time of Update: 2022-08-30
On August 12, Ningde Times announced that in order to further deepen the company's global strategic layout, promote overseas business development, and meet overseas market demand, it plans to invest in the construction of the Hungarian Times New Energy Battery Industrial Base Project in Debrecen, Hungary.
