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Huntsman to sell textile dyeing unit for $718 million
Time of Update: 2022-08-19
On August 9, the US specialty chemical manufacturer Huntsman announced that it had reached a definitive agreement to sell the textile dyeing and chemical division to Archroma, a subsidiary of SK Capital Partners, for a total enterprise value of approximately US$718 million .
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German natural gas imports fall sharply
Time of Update: 2022-08-19
BAFA said that from January to May, Germany's natural gas imports were 1,763,200 trillion joules (TJ), much lower than the 2,287,260 TJ in the same period last year .
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CPECC Iraq actively promotes localization
Time of Update: 2022-08-19
(CPECC) announced that the company's talent recruitment fair held at the Maisan Provincial Institute of Construction Technology was a complete success .
(CPECC) announced that the company's talent recruitment fair held at the Maisan Provincial Institute of Construction Technology was a complete success .
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Northeast Asia acrylonitrile remains weak
Time of Update: 2022-08-19
South Korea's Taekwang Industries will continue to limit the operating load factor of its 290,000-ton/year acrylonitrile plant in Ulsan to 75% in August, the same as in July, the sources said .
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Brazil cuts import tax on glyphosate
Time of Update: 2022-08-19
Recently, the Executive Management Committee of the Chamber of Commerce for Foreign Trade (Camex) under the Brazilian Ministry of Economy approved the reduction of import tax rates on five industrial inputs, including glyphosate and glyphosate isopropylamine salts .
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Covestro sells additive manufacturing business to Stratasys
Time of Update: 2022-08-19
The portfolio of the Additive Manufacturing business also includes products from the resins and functional materials business that Covestro acquired from DSM in 2021 .
The portfolio of the Additive Manufacturing business also includes products from the resins and functional materials business that Covestro acquired from DSM in 2021 .
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Southwest Petroleum Engineering Kuwait project renewal
Time of Update: 2022-08-19
, Ltd. stated that the company's Hunan Drilling Branch of Kuwait Project SP175, SP982, SP983 successfully renewed the one-year contract with Kuwait National Oil Company (KOC) when the original contract was about to expire due to good construction performance.
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Middle East analysis agency GlobalData expects: Asia will lead the world's polyethylene growth
Time of Update: 2022-08-19
Sudarshini Ennelli, Oil and Gas Analyst at GlobalData, said: “A total of 67 planned and announced new and expanded polyethylene projects in Asia between 2021 and 2026 are expected to add 27 million tonnes/year of polyethylene capacity .
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LGES announces medium and long-term corporate strategy
Time of Update: 2022-08-19
LGES said it will more than triple its sales over five years by expanding joint ventures with North American OEMs and expanding the supply of cylindrical batteries .
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Mombasa KOT Oil Terminal Undertaken by CCCC Unveiled
Time of Update: 2022-08-19
At a critical juncture where the oil processing capacity of the old oil terminal can no longer meet the needs of Kenya's rapid economic development, the completion of the new oil terminal has greatly improved the port of Mombasa.
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Evonik divests U.S. betaine business
Time of Update: 2022-08-19
Recently, Evonik announced that the company will divest its betaine business in the United States and continue to promote the transformation of its product portfolio to system solutions .
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Increased uncertainty in the ethylene glycol market in the second half of the year
Time of Update: 2022-08-19
However, the ethylene glycol downstream polyester operating rate is expected to remain above 80% of the total capacity, but some traders believe that the low polyester inventory is due to the speculative and sporadic purchases of downstream textile producers rather than demand in the second half of the year The outlook is more stable .
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The overall performance of multinational companies in the second quarter improved
Time of Update: 2022-08-19
Recently, a number of international chemical companies such as BASF, Dow, Clariant, DSM, PPG, Corning, and Bayer have successively released performance reports for the first half of this year and the second quarter .
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Korean battery company expands battery production in Europe
Time of Update: 2022-08-19
The Ivancho plant plans to start production in 2024 of 30-gigawatt-hour-class pouch cells, which can meet the needs of 430,000 electric vehicles a year .
The Ivancho plant plans to start production in 2024 of 30-gigawatt-hour-class pouch cells, which can meet the needs of 430,000 electric vehicles a year .
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U.S. climate bill may fail to meet expectations
Time of Update: 2022-08-19
S. oil and gas production capacity and play a greater role in stabilizing inflation, have warned that the ultimate impact of the climate bill on the nation's 15,000 small oil and gas explorers could be a reduction in the number of drilling rigs in the future .
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PPG's Color Refurbishment for Tianjin Teda No. 1 Kindergarten
Time of Update: 2022-08-19
(Photo courtesy of the company) On August 3, PPG completed the color renovation of Tianjin TEDA No. 1 Kindergarten through its global "New Paint for a New Start" campaign .
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SABIC: Recycled plastics market faces two major challenges
Time of Update: 2022-08-19
The growing global emphasis on environmental sustainability has driven the market for recycled plastics, Janardana Ramanujaru, Vice President and Head of South Asia and Australia at Saudi Basic Industries Corporation (SABIC), said in an interview recently.
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CNPC International Pipeline Completes Key Tasks with High Quality
Time of Update: 2022-08-19
In the second half of this year, the company will focus on consolidating the responsibility for safe production, solidly promote the expansion project of the natural gas pipeline on the southern route of Kazakhstan, continue to optimize the production and operation management of oil and gas pipelines, and promote the high-quality completion of annual key tasks .
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Completion of Bacanora’s tender offer to acquire Ganfeng Lithium Industry’s lithium resources layout
Time of Update: 2022-08-19
Its other salt lake project, Cauchari, in Argentina, is also planned to be put into production this year, and the first phase will form an annual production capacity of 40,000 tons of lithium carbonate .
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The Charm of Asia in Malaysia is held in Beijing
Time of Update: 2022-08-19
Petronas Twin TowersPetronas Twin Towers In 1974, Malaysia was the first country in ASEAN to establish diplomatic relations with China.
Petronas Twin Towers In 1974, Malaysia was the first country in ASEAN to establish diplomatic relations with China.
