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The British government warns: be prepared for a 400% increase in carbon dioxide prices
Time of Update: 2021-09-28
With the reduction of carbon dioxide inventories, the United Kingdom and the US CF Industries reached a rescue agreement in order to restart the production of the latter's two factories .
. " Rising carbon dioxide prices are one of the latest problems facing the British food industry .
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Multiple factors push up global oil prices
Time of Update: 2021-09-28
It is reported that Nigeria, Angola and Kazakhstan and other OPEC member states have been having difficulty increasing production in recent months due to years of insufficient investment and delays in large-scale maintenance work due to the epidemic .
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Gazprom says European natural gas prices may hit new highs
Time of Update: 2021-09-28
According to a report by Pipeline & Gas Magazine on September 17, Alexei Miller, president of Gazprom, a Russian gas supplier, said on Friday that due to the level of natural gas storage Lower, Europe's already high natural gas prices may reach new highs .
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Repsol installs electrolyzer to produce hydrogen
Time of Update: 2021-09-28
According to news from Dow Jones on September 20, Repsol of Spain stated that the company will install the first electrolytic cell in its Petronor refinery in the Basque Country, Spain, to produce hydrogen .
9 million euros (approximately US$10.
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Brazil launches LNG power generation project
Time of Update: 2021-09-28
Sinochem News recently, a joint venture between BP, Siemens, Brazil's national power company and EDF has obtained a start-up permit.
The joint venture will provide energy for 6 million households through LNG power plants .
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Top glove net profit fell by nearly 50%
Time of Update: 2021-09-28
Top Glove said that although sales to the United States will increase after the embargo is lifted, the company's operating environment is still severe and market competition is very fierce .
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Chi Mei Corporation completes butadiene carbon-neutral transportation
Time of Update: 2021-09-28
Sinochem News on September 22, in order to fulfill the environmental protection commitment of Chi Mei Clean & Green, Chi Mei Industrial and butadiene supplier Braskem reached a carbon-neutral cooperation agreement for the transportation of imported butadiene, which was carried by the freighter Clipper Hermod from Brazil Departure, arrived at Tainan Anping Port on August 7 and completed the world's first carbon-neutral butadiene transport .
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Last year, the total shipments of the plastics industry were 394.7 billion U.S. dollars
Time of Update: 2021-09-28
In nominal terms, due to the epidemic, plastic manufacturing shipments accounted for by industry suppliers fell by 2.
" Last year, the value added of the plastics manufacturing industry in the United States exceeded $144 billion.
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Shell focuses on sustainable aviation fuel mass production
Time of Update: 2021-09-28
com in London on September 20, Royal Dutch Shell plans to start mass production of low-carbon aviation fuel by 2025 to encourage global airlines to reduce greenhouse gas emissions .
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Behind the skyrocketing gas prices in Europe
Time of Update: 2021-09-28
The Beixi-2 natural gas pipeline runs from Russia to Germany through the Baltic Sea, with a designed annual gas transmission capacity of approximately 55 billion cubic meters, which can transport Russian natural gas to Germany and other European countries .
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High natural gas prices, European fertilizer giants have cut production and halted production
Time of Update: 2021-09-28
Yara International Group, the largest fertilizer producer in Europe, said on September 17 that record-setting natural gas prices in Europe are affecting the profitability of ammonia production.
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Resta Energy: More than 600,000 new wells will be explored globally by 2030
Time of Update: 2021-09-28
Although the United States accounts for the majority of these unconventional wells, Canada’s share is expected to rise to nearly 25% of all tight oil wells that will be drilled by 2030 .
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OPEC's August crude oil production increase agreement fulfillment rate still reached 121%
Time of Update: 2021-09-28
Recently, OPEC cited second-hand data in its much-watched "Monthly Oil Market Report", saying that in August, the total daily crude oil output of OPEC's 13 member states averaged 26.
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Saudi Aramco intends to introduce foreign investment for US$110 billion natural gas project
Time of Update: 2021-09-28
According to a report by Bloomberg News on September 9, people familiar with the matter revealed that Saudi Aramco is now considering a bold move to open the Jafura Gas Field, one of the world’s largest unconventional natural gas fields, to foreign investors.
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Russia is betting on the future of the hydrogen market
Time of Update: 2021-09-28
S&P Global Platts Energy analysts said: "This will essentially replace all of Russia's current exports of natural gas to Europe with hydrogen .
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Anti-dumping duties affect Thailand's tire industry
Time of Update: 2021-09-28
Sinochem News recently, Thailand's Kaitai Center issued a report saying that after more than a year of deliberation, the United States finally ruled that anti-dumping duties should be imposed on Thai passenger car tires and light truck tires, pushing up the price of such tires in the U.
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U.S. propane consumption will increase this winter
Time of Update: 2021-09-19
Due to the high demand for residential heating and agricultural grain drying, 2/3 of the annual consumption of propane occurs during the heating season from October to March of the following year .
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Polyplastics will build LCP project in Kaohsiung
Time of Update: 2021-09-19
Recently, Polyplastics announced that it will build a new polymerization plant with an annual output of 5,000 tons of LCP in Kaohsiung, Taiwan, China .
The PTW plant is a joint venture between Polyplastics (75% investment) and Changchun Group (25% investment) to produce and sell engineering plastics.
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Arkema acquires Ashland's high-performance adhesives business
Time of Update: 2021-09-19
Ashland's high-performance adhesives business this year is expected to have sales of approximately US$360 million and EBITDA of approximately US$95 million .
Ashland's high-performance adhesives business has approximately 330 employees and operates 6 production platforms, mainly in North America .
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Hanhua Enterprise Unveils a Blueprint for Carbon Neutrality
Time of Update: 2021-09-19
3 billion) by 2025 to build a waste plastic equivalent processing capacity of 900,000 tons per year, as part of its domestic plastic production business network, and to produce environmentally friendly materials.
