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Demand for petrochemical products in the Middle East is mixed
Time of Update: 2021-11-13
Due to the impact of the epidemic on consumption, raw material prices, supply chain disruption, and extremely high freight rates, the demand for some bulk petrochemical products remains weak .
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Clarify that Saudi Arabia's energy transition position to achieve net zero carbon emissions by 2060 has shifted
Time of Update: 2021-11-13
Saudi Crown Prince Mohammed bin Salman announced at the first Green Initiative Forum in Riyadh on October 23 that Saudi Arabia, as the world's largest crude oil exporter, aims to achieve net zero carbon emissions by 2060 .
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Eastman will sell its adhesive resin business
Time of Update: 2021-11-13
Sinochem News News on November 1, Eastman announced that the company and its subsidiaries have reached a definitive agreement with Synthomer plc to put its adhesive resin assets and business at a total cash price of US$1 billion.
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It’s not that simple to completely phase out coal
Time of Update: 2021-11-13
Whether countries that have signed an agreement to end coal but are highly dependent on coal in their energy structure have the ability and financial resources to remove coal is a major question .
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CNOOC Engineering Saudi Aramco EPCI project started
Time of Update: 2021-11-13
The picture shows the project start site Sinochem News recently, the construction of the Tie-In module of the Mazan project contracted by Tianjin Port Free Trade Zone Enterprise Offshore Oil Engineering Co.
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SABIC launches the world's first certified PEI
Time of Update: 2021-11-13
As a direct material choice to replace current Ultem materials, these resins are suitable for applications in consumer electronics, aerospace, automotive and other industries that require high temperature, dimensional stability or harsh mechanical properties .
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BP: Global oil demand has exceeded 100 million barrels per day
Time of Update: 2021-11-13
Recently, BP said that global oil demand has rebounded above the critical level of 100 million barrels per day before the epidemic .
” He said, Although air travel has not fully recovered from the epidemic, oil production has soared to 100 million barrels per day .
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ASK Chemicals completes the acquisition of SI Group's industrial resin business
Time of Update: 2021-11-13
High-performance additives company SI Group announced that it has completed the sale of most of its global industrial resin business to ASK Chemicals, a portfolio company under private equity firm Rhône Group, LLC .
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The Global Methane Commitment is officially launched
Time of Update: 2021-11-13
It is reported that this European and American-led initiative aims to reduce global methane emissions and keep the Paris Climate Agreement’s goal of limiting global warming to 1.
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U.S. supply chain is blocked
Time of Update: 2021-11-13
The overload of ports and shortage of truck drivers under the epidemic situation have made the problem of blocked supply chains in the United States even worse .
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PetroChina Pipeline Design Institute won the bid for the UAE project
Time of Update: 2021-11-12
(Pipeline Design Institute) Abu Dhabi branch made another gain in the Middle East market, becoming the pre-consultation and design service provider designated by Abu Dhabi National Petroleum Corporation, and once again won the UAE state-owned oil company.
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BASF Honeycomb Energy Cooperates to Promote the Development and Recycling of Battery Materials
Time of Update: 2021-11-12
As the world's largest chemical supplier in the automotive industry, BASF already has a leading position in the cathode active material market and is working closely with partners to accelerate innovation and help build a sustainable global battery value chain .
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Honeywell and Sinochem International join hands in low-carbon transformation project cooperation
Time of Update: 2021-11-12
(Shen'ao Chemical) Tongling plant project uses Honeywell UOP Kellert thermal oxidation furnace technology to help Sheng'ao Chemical become a model of green development in China's fine chemical industry .
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Shipbuilding Group and Northern Lights signed a contract for the construction of a liquid carbon dioxide carrier
Time of Update: 2021-11-12
Recently, China National Shipbuilding Corporation announced that its subsidiary Shipbuilding Group and the Norwegian Northern Light Company have successfully signed a contract for the construction of two 7,500 cubic meters of liquefied carbon dioxide carrier .
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Limin shares intends to purchase the commercial assets of Kedihua
Time of Update: 2021-11-12
(Limin Chemical), a wholly-owned subsidiary of the company, and Corteva Agriscience LLC (Corteva) signed an "Asset Sale and Purchase Agreement .
" After the two parties negotiated and determined the transaction price, Limin Chemical intends to use its own funds of 20 million U.
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JinkoSolar's Photovoltaic Modules Obtained Carbon Footprint Certificate
Time of Update: 2021-11-12
JinkoSolar’s CEO Chen Kangping said: “JinkoSolar’s 163 series and 182 series photovoltaic modules have been awarded the TUV Rheinland Carbon Footprint Certificate, marking that we have made tangible progress in reducing carbon emissions and effectively using energy.
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Sinopec and U.S. companies sign natural gas supply agreements
Time of Update: 2021-11-12
It is understood that Venture Global LNG has signed two 20-year agreements with Sinopec to supply liquefied natural gas from the Plaquemines plant to China, with a total capacity of 4 million tons/year .
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Cabot pushes new PAH carbon black products
Time of Update: 2021-11-12
Recently, Cabot announced that it has launched a new type of low polycyclic aromatic hydrocarbon (PAH) product for rubber applications-VULCAN 3-LP carbon black, which is the fourth in Cabot LP carbon black series.
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The global chemical industry's $1 billion club list is released
Time of Update: 2021-11-12
The average operating profit of the 100 companies that were shortlisted in the US "Chemical Weekly" 2021 Global Chemical 1 Billion Dollar Club Rankings in 2020 increased by 2% year-on-year, but the median profit dropped by 11% .
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WACKER Holds Media Day
Time of Update: 2021-11-12
Due to strong customer demand from various business units, the company's sales and profits in the third quarter achieved strong growth .
In addition, WACKER also announced that it will invest approximately 120 million euros to acquire 60% of the shares of Shandong Silicon Technology New Materials Co.
