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India plans to sell 1.5% stake in ONGC
Time of Update: 2022-04-26
5 percent of the state-owned oil and gas company through an offer starting on Wednesday, according to an exchange filing .
The government is aiming to raise 30 billion rupees ($397 million) from the stock sale, which starts on Wednesday for non-retail investors and on Thursday for retail investors over a two-day period .
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Indonesia Puqing Cycle Lithium Battery Recycling and Recycling Project Officially Started
Time of Update: 2022-04-26
Recently, the Indonesian Puqing Cycle Lithium Battery Recycling and Recycling Project, undertaken by Sinochem Second Construction, officially started construction .
This project is another project undertaken by Sinochem Second Construction in the Indonesian market, laying a foundation for further expanding the Indonesian market .
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Kumho Petrochemical releases mid- and long-term development strategy to reduce greenhouse gas emissions by 29% by 2030
Time of Update: 2022-04-26
Kumho Petrochemical plans to continue to increase the proportion of high value-added products and achieve annual sales of 12 trillion won by 2026 .
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Committed to carbon neutrality
Time of Update: 2022-04-26
——Interview with Lei Huanli, Senior Vice President and President of China of Covestro Recently, Covestro held a media conference in Shanghai and announced that by 2035, the group will achieve carbon neutrality goals in the fields of production and energy consumption .
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ExxonMobil moves toward commercial start-up at LAO, Texas production facility
Time of Update: 2022-04-26
Denise Burcham, Risk Manager for ExxonMobil's new LAO manufacturing unit in Baytown, said: "ExxonMobil is widely recognized for its superior production capabilities and reliable supply of complex and efficient chemicals .
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ExxonMobil's Brazil exploration may reach 1 billion barrels of oil and gas resources
Time of Update: 2022-04-26
S. oil producer Exxon Mobil Corp's partner Murphy Petroleum said on Tuesday it was exploring a new area offshore Brazil that could hold as much as 1 billion barrels.
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Total Energy launches 3D carbon capture pilot project
Time of Update: 2022-04-26
Funded by the European Union's Horizon 2020 research and innovation programme to decarbonise hard-to-reduce carbon-emission industries such as steel, the new project will work to validate replicable carbon capture technology solutions .
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EIA: U.S. renewable diesel supply expected to surpass biodiesel
Time of Update: 2022-04-26
The EIA expects renewable diesel supplies -- domestic production and net imports -- to overtake biodiesel supplies in the near term, according to Hydrocarbon Processing on March 24 .
S. diesel production by 2050, EIA expects .
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China's Fifth Ring Road signs contract for Aguo Mineral and Fertilizer Complex Project
Time of Update: 2022-04-26
jointly signed the "Shareholders Agreement" of Algeria-China Fertilizer Company in Algiers, the capital of Algeria.
This project is the second appearance of China's Fifth Ring Road in the North African market after Tunisia and Egypt, demonstrating the company's engineering strength in the field of fertilizers .
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LyondellBasell and Nippon Paint China reach strategic cooperation
Time of Update: 2022-04-26
On March 24, LyondellBasell announced a strategic cooperation with Nippon Paint China to use recycled polymers to produce coatings and packaging .
In cooperation with Nippon Paint, we use mechanically recycled polymers to jointly create new packaging for Nippon Paint Coatings.
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Solvay's new polymer certified
Time of Update: 2022-04-26
It is reported that the "Solar Dynamics Efficient Solutions" certification label created by the Solar Impulse Foundation aims to recognize existing solutions that are both profitable and sustainable .
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U.S. gasoline prices continue to rise to record highs
Time of Update: 2022-04-25
Sinochem News reported that the American Automobile Association released data on the 8th that the average gasoline price in the United States rose to $4.
173 per gallon recorded on the 8th set a new record for the average gasoline price in the United States .
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Annual output of plastic products in Japan increased by 2.8%
Time of Update: 2022-04-25
According to statistics released by the Ministry of Economy, Trade and Industry of Japan recently, the output of plastic products in Japan in 2021 will be 5.
According to the statistics of plastic products, the total of films and sheets was 2.
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6 companies join forces to build Japan's first methanol fuel tanker
Time of Update: 2022-04-25
The companies explain that if this methanol can be used as a fuel, an environmentally circular business model can be established, thereby reducing net carbon dioxide emissions .
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Green hydrogen will be a game changer in the energy transition of the power industry
Time of Update: 2022-04-25
The GlobalData report, Hydrogen in Electricity - Thematic Study, states that while the cost of producing hydrogen from renewable energy sources is currently high, momentum building across the value chain is accelerating hydrogen production, transmission, distribution, retail, sales and end-use applications.
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Nokian Tyres Transfers Product Line
Time of Update: 2022-04-25
Petersburg is operating at full capacity and is shipping tires out of Russia to warehouses closer to customers, a company spokesman said .
However, a Nokia spokesman said that not all products made in Russia can be made in Finland or the U.
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RCEP single-ticket tax reduction of nearly 2.8 million yuan Tianyi lithium industry lithium battery raw materials arrived in South Korea
Time of Update: 2022-04-25
According to the RCEP agreement tax rate, this batch of lithium battery raw materials can enjoy a tax concession of 2.
said, In 2022, the amount of lithium battery raw materials exported by Tianyi Lithium Industry to the international market is expected to exceed 1 billion yuan .
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Ginomatica partners with Japan's Asahi Kasei to develop renewable nylon
Time of Update: 2022-04-25
Building on GENOMATICA's recently announced breakthrough in the successful production of high-volume plant-based HMDs, Asahi Kasei intends to apply the GENO HMD process technology to manufacture more sustainable products such as high-temperature automotive parts, electronics, or yarns used to produce airbags.
Asahi Kasei expects to license Genomatica's GENO HMD process technology to commercialize bio-based nylon 6,6 .
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Posco Chemicals builds battery material plant in Korea
Time of Update: 2022-04-25
Recently, Posco Chemical announced that the company will invest 600 billion won (about 493 million US dollars) to build a cathode material precursor plant with a production capacity of 100,000 tons per year in the Sepoong Industrial Park in Gwangyang, South Korea.
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VCI withdraws German Chemicals 2022 outlook
Time of Update: 2022-04-25
The VCI said that the economic interdependence of the German chemical and pharmaceutical industries with Ukraine and Russia is manageable but not insignificant .
VCI Director-General Wolfgang Gross Entrup said the ban on gas imports from Russia would have a very important impact on the German chemical industry .
