-
Russia's PVC production growth
Time of Update: 2021-12-04
From January to October, SayanskKhimPlast produced 254,300 tons of polyvinyl chloride, compared with 243,800 tons in the same period last year; the total resin output of Basque Hill Soda reached 222,300 tons, which was basically the same as last year; The total output of resin was 62,700 tons, the same as last year .
-
Bringing the world's best technology and equipment to China-Interview with Su Junxiong, President of Air Products China
Time of Update: 2021-12-04
Air Products fully supports the country's "dual carbon" goal in the three major areas of gasification, carbon capture and utilization, and hydrogen energy, and has brought the world's best technology and equipment to China .
-
Southwest Energy acquires GEP Haynesville for US$1.8 billion
Time of Update: 2021-12-04
According to news from World Petroleum on November 4, Southwest Energy Corporation announced that it has reached a final agreement with GEP Haynesville, LLC, the third largest private producer of Haynesville.
" After the transaction is completed, Southwest Energy will produce approximately 4.
-
South Korea is in a "urea crisis"
Time of Update: 2021-12-04
According to the "Central Daily News" report, the current inventory of urea for vehicles in large supermarkets such as Lotte Mart and E-Mart can only last for one to two months, and there may be problems such as difficult delivery in the future .
-
Brazil's oil exports fell year-on-year
Time of Update: 2021-12-04
Analysts pointed out that the decline in Brazil's oil exports involves multiple factors, including the gradual recovery of domestic fuel consumption, the decline in oil production, and the reduction in import demand from China, the main export destination .
-
South Korea cuts fuel tax
Time of Update: 2021-12-03
Sinochem News from Korea International Radio reported on November 11 that the Ministry of Planning and Finance of South Korea will lower the fuel tax from the 12th by 20% .
It is estimated that the price of gasoline will be 164 won (approximately 0.
-
Westlake Chemical acquires Hexion epoxy resin business for US$1.2 billion
Time of Update: 2021-12-03
On November 24, Westlake Chemical announced that it had reached an agreement to acquire Hexion’s global epoxy resin business for approximately US$1.
Westlake Chemical said the transaction will expand the company's integrated business by adding downstream coatings and composite product portfolios to its vinyl chloride business .
-
The mainstream of green development will not turn
Time of Update: 2021-12-03
Due to tight supply and Asian countries struggling to cope with power shortages, the price of high-quality thermal coal in Newcastle, Australia, which is the Asian benchmark, soared last month .
-
The global use of non-recycled plastics continues to decrease
Time of Update: 2021-12-03
Recently, the Ellen MacArthur Foundation (Ellen MacArthur Foundation) released a survey report showing that the global use of non-recycled plastics is declining, and the use of non-recycled materials in plastic packaging materials has continued It will be reduced in two years, and it is expected to further decrease significantly by 2025 .
-
Mitsubishi Chemical Holdings releases carbon neutral plan
Time of Update: 2021-12-03
In order to achieve this goal, the company has been promoting the emission reduction and effective use of greenhouse gases throughout the value chain .
-
South Korean base oil exports continue to increase
Time of Update: 2021-12-03
Recently, according to "Asia Lubricant Weekly" news, in October compared with the same period last year, South Korea's base oil exports increased again in October, and export revenue more than doubled .
-
VCI raises its annual sales forecast for Dehua Industry
Time of Update: 2021-12-03
Recently, the German Chemical Industry Association (VCI) issued a report saying that the agency maintained the country’s annual chemical and pharmaceutical production growth rate in 2021 at the previously forecasted level of 4.
-
LG Chem and Toray jointly build a battery separator company
Time of Update: 2021-12-03
Recently, LG Chem and Toray announced that the two companies will build a joint venture in Hungary to produce battery separators .
-
Saudi Arabia invests in hydrogen production project in Jafra gas field
Time of Update: 2021-12-03
Sinochem News Saudi Arabia announced that the country plans to invest approximately US$110 billion in unconventional natural gas development projects in Jafraan to produce blue hydrogen .
1 billion cubic feet of unconventional natural gas per day from nearby areas, and produce and sell natural gas, ethane, natural gas liquid and condensate.
-
The Azhi oil pipeline resumes operations
Time of Update: 2021-12-03
Recently, Omar Gutierrez, the chief executive of Neuquen, Argentina, announced that the trans-Andean pipeline, which starts from the province and transports 100,000 barrels/day of crude oil to Chile, will resume operations in 2022 .
-
LANXESS intends to split its high-performance materials business
Time of Update: 2021-12-03
com News on November 11, German special chemicals company LANXESS announced that its high-performance materials (HPM) business unit will be converted into an independent legal company structure, which is planned to be implemented in the first half of 2022 .
-
Vietnam's oil production is declining year by year
Time of Update: 2021-12-03
Sinochem News recently, the Vietnam Petroleum Group (PVN) said that since 2015, Vietnam's crude oil and natural gas extraction has been declining year by year, and the exploration of new oil fields is also facing many difficulties .
-
Polyplastics launches new PET material
Time of Update: 2021-12-03
Sinochem News recently, Polyplastics Group (Polyplastics Group) announced the launch of two new RENATUS (R) polyethylene terephthalate (PET) grades to provide automotive exterior parts with excellent mechanical properties, Appearance and weather resistance .
-
European basic chemical prices continue to rise
Time of Update: 2021-12-03
Recently, IHS Markit said that the price of basic chemicals in Europe has continued to rise due to unplanned production interruptions and rising energy costs .
At the beginning of November, the European styrene spot price hit a seven-year high, reaching $1,675/ton .
-
U.S. tire imports increased sharply in the first three quarters
Time of Update: 2021-12-03
Recently, according to data from Sinochem, the United States imported 204 million tires in the first three quarters of 2021, a year-on-year increase of 23% .
Among them, passenger car tire imports increased by 18% year-on-year to 116 million; truck and bus tire imports increased by 36% year-on-year to 38.