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Yokohama Rubber acquires Swedish tire maker
Time of Update: 2022-05-16
Sinochem News recently, Yokohama Rubber announced that the company will acquire Trelleborg Wheel Systems (TWS), a Swedish company engaged in the production of agricultural tires, for 265.
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Fujifilm builds ink raw material factory in the United States
Time of Update: 2022-05-16
Sinochem News recently, Fujifilm Holdings announced that the company will invest 3 billion yen to build an additional production plant for inkjet water-based ink coloring materials at its subsidiary in Delaware, USA .
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The first chemical company in Jiangxi was recognized by RCEP
Time of Update: 2022-05-16
has become the first approved exporter under RCEP in Jiangxi Province after the approval of Nanchang Customs .
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Eastman sells adhesive resin business
Time of Update: 2022-05-16
On April 2, Eastman announced that the company and its subsidiaries have completed the previously announced sale of its adhesive resin business to Xintema .
Eastman announced the transaction on November 1, 2021 .
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Multinational petrochemical giants optimistic about the Chinese market
Time of Update: 2022-05-16
A combination of factors has contributed to the strong performance of multinational companies in China, increasing their confidence in achieving sustainable revenue growth .
Among them, sales in China will reach 12 billion euros in 2021, an increase of 7.
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ExxonMobil launches new PE resin products
Time of Update: 2022-05-16
According to reports, Exceed resins have excellent physical properties, maintain excellent performance while reducing film thickness, and produce more durable single-material products; or increase the content of recycled materials in formulations to help innovate various packaging and film applications .
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Toray plans to increase synthetic fiber prices
Time of Update: 2022-05-16
In this context, the prices of the company's synthetic fiber raw materials and crude raw materials rose further .
Due to the pressure of rising costs, Toray decided to implement product price adjustments .
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Covestro India expands PC compound production
Time of Update: 2022-05-16
Covestro expects an increase in demand from the Indian automotive industry, especially in hybrid and electric vehicles, one of the largest consumer markets for polycarbonate products .
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Shell restarts Muldijk cracker
Time of Update: 2022-05-16
On April 9, Shell announced that the company is restarting a 940,000-ton/year steam cracker at its Murdijk petrochemical plant in the Netherlands .
Shell's Murdijk petrochemical plant is one of the largest petrochemical plants in Europe, producing 500,000 tonnes of propylene and 440,000 tonnes of benzene a year in addition to ethylene .
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Breakthrough path under the epidemic situation with foreign companies in Shanghai
Time of Update: 2022-05-16
In the face of the severe epidemic prevention and control situation, how can chemical companies cooperate and respond quickly to ensure the safety of employees and the continuous and efficient operation of the supply chain?
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BASF's first-quarter profit slides on impairments
Time of Update: 2022-05-16
BERLIN, April 11 (Reuters) - German chemicals group BASF reported an unexpected drop in net income in the first quarter as its oil and gas division co-financed the abandoned Nord Stream 2 project emerged on Monday.
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EU, US reach LNG import deal
Time of Update: 2022-05-16
Recently, the European Commission announced that in order to accelerate the diversification of European energy and strengthen European energy security, the European Union has reached an agreement with the United States on expanding liquefied natural gas (LNG) imports .
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Sinopec Zhongyuan Petroleum Engineering Company Saudi Service Support Squadron fully promotes drilling and completion to speed up and improve efficiency
Time of Update: 2022-05-16
The picture shows that on April 9, the squadron dismantled and relocated the drilling equipment that had been completed in the construction area .
The picture shows that on April 9, the squadron dismantled and relocated the drilling equipment that had been completed in the construction area .
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Fuel prices rose slightly in most provinces across the country
Time of Update: 2022-05-16
The picture shows a car owner refueling his vehicle at a gas station in the Greater Toronto Area, Canada, on April 1 .
(Photo courtesy of CFP)
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YNCC restarts Lichuan cracker
Time of Update: 2022-05-16
South Korean market sources said YNCC plans to control the operating rate of its three crackers at 85% in April .
Standard & Poor's said Asian propylene market prices rose sharply after YNCC declared a force majeure event .
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Liaoning's precise investment attraction attracts foreign investment in petrochemical industry
Time of Update: 2022-05-16
Zhou Rongkun said that attracting investment is the key to helping the construction of a world-class petrochemical and fine chemical industry base in Liaoning Province .
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High oil prices may not be good news for oil-producing countries
Time of Update: 2022-05-16
Therefore, market participants believe that oil-producing countries such as Saudi Arabia and the United Arab Emirates with idle oil production capacity can reduce the risk of long-term shocks to oil demand by opening up production, and avoid high oil prices to stimulate its rapid decline .
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Australia to build first hydrogen storage tank manufacturing plant
Time of Update: 2022-05-16
According to PV Magazine's report on April 12, Sydney-based CST Composites plans to build Australia's first hydrogen storage container manufacturing plant .
The company said the joint venture with Optimum Composite Technologies will realize this vision, giving it access to technical expertise in composite pressure vessels for storing hydrogen and natural gas .
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Continue to invest in advanced manufacturing and local R&D
Time of Update: 2022-05-16
As a major part of the Group's long-term policy and innovation strategy in China, several of Freudenberg's business groups continue to invest in advanced manufacturing facilities and local research and development .
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LGES Stlantis joint venture to build lithium battery plant
Time of Update: 2022-05-16
Canadian automaker Stlantis Group and LG Energy Solutions (LGES) have announced a joint venture agreement to build the first large-scale electric vehicle battery manufacturing plant in Ontario, Canada .
