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German chemical giant Covestro plans to lay off 1,700 employees worldwide
Time of Update: 2021-09-12
Covestro confirmed the news and said these figures are only preliminary estimates .
As of the end of 2020, Covestro has 33 production sites and approximately 16,500 employees worldwide .
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UK investigating renewable energy power trading
Time of Update: 2021-09-12
REGO is issued by the Office of Natural Gas Power Market, the British energy regulator, and renewable energy producers can obtain a certificate for every 1,000 kWh of electricity produced .
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Hurricane "Ada" is coming!
Time of Update: 2021-09-12
On August 29, local time, Hurricane Ida moved towards the New Orleans area after crossing the Gulf of Mexico and had a significant impact on the US energy supply .
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Novatek cooperates with Japan on ammonia, hydrogen and CCUS projects
Time of Update: 2021-09-10
Leonid Mikhelson, Chairman of Novatek’s Management Committee, said: “This memorandum expands government support for our climate projects, which is important for Novatek to further increase LNG production while correspondingly reducing our carbon footprint.
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Blue hydrogen will account for 85% of U.S. low-carbon hydrogen production capacity by 2030
Time of Update: 2021-09-10
GlobalData Energy Transition Analyst Miles Weinstein commented: “Due to the low price of natural gas and the abundance of suitable locations for geological carbon storage, blue hydrogen production in North America is the cheapest in the world .
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India OVL, IOC and Gazprom sign agreement
Time of Update: 2021-09-10
OVL, an overseas subsidiary of the state-owned oil and gas company (ONGC), said on Twitter that it had signed a memorandum of understanding on the sidelines of the Eastern Economic Forum in Vladivostok .
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WM: 80% of the remaining deepwater oil resources in the world will come from 5 countries
Time of Update: 2021-09-10
More than 9 billion barrels of oil have been discovered so far in the deepwater oil resources of the Stabrook block in Guyana, the quality of which is the best in the world, and this block is expected to provide high production .
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Evonik and Luentech set up a 3D printing laboratory
Time of Update: 2021-09-04
With the capabilities of the two companies in materials research, equipment process and application research, the laboratory aims to develop material solutions for industrial 3D applications .
Evonik recently launched a new product line of photopolymers for industrial 3D printing .
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Chevron invests in waste hydrogen and renewable fuel projects in Northern California
Time of Update: 2021-09-04
According to news from Axioms Energy on August 20, Chevron and other partners said that they are investing in a start-up company to build modular waste into green hydrogen and renewable synthesis in northern California.
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European nylon and caprolactam demand continues to be sluggish
Time of Update: 2021-09-04
According to Axunsi, the European nylon 6, nylon 66 and upstream caprolactam markets are expected to maintain a sluggish trend before consumption in the downstream automotive industry significantly improves .
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Global LNG market value will surge
Time of Update: 2021-09-04
Even if the price of LNG in the Asia-Pacific region is higher, it is lower than the global bunker fuel price .
The increase in maritime trade and the lower cost of LNG marine fuels than ECA-compliant fuels are driving the growth of the global LNG bunkering market .
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Saiding outsources prevention and control materials to fight the epidemic
Time of Update: 2021-09-04
With the help of the company’s leadership’s emergency deployment and strong support, SAIDING used its advantages in overseas institutions, the company’s representative office in Indonesia did its utmost to purchase a batch of urgently needed domestic epidemic prevention materials in Indonesia through various methods and channels, including 15,000 surgical masks and 4320 N95 masks .
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Shin-Etsu Chemical will invest US$1.29 billion to build a polyvinyl chloride plant
Time of Update: 2021-09-04
Shin-Etsu Chemical's US subsidiary Shintech will build a new plant at its base in Louisiana in the southern United States .
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New Dow focuses on cross-industry cooperation and innovation
Time of Update: 2021-09-04
Adhering to the spirit of innovation and collaboration, Dow will in-depth cooperation with major car companies, starting from the consumer's driving experience, relying on strong global and local research and development capabilities, to provide customers with customized solutions .
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Asia leads refinery hydroprocessing capacity growth
Time of Update: 2021-09-04
" GlobalData pointed out that the Middle East is the world's second largest contributor to newly added hydrogen treatment plant capacity, accounting for about 28% of the total increase by 2025 .
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ACS Press visited the Association for Chemical Safety
Time of Update: 2021-09-04
com News on August 20th, Brandon Noordin, Senior Vice President of American Chemical Society Publications, and his party visited China Chemical Safety Association.
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Japan's Sumitomo Chemical expands production capacity of high-purity chemicals
Time of Update: 2021-09-04
The company said: "Driven by the demand for 5G smartphones, the semiconductor equipment market continues to grow, and with changes in life>.
" In this context, it is expected that the demand for high-purity chemicals that are essential in the semiconductor production process will continue to grow strongly .
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Oil prices fall due to OPEC+ concerns about slow demand recovery
Time of Update: 2021-09-04
Rystad Energy analyst Louise Dickson said: “Today the oil market is still speculating on what supply policy OPEC+ will formulate at tomorrow’s meeting, but the Brent crude oil price of $64 per barrel shows that traders expect the organization to take a cautious approach Practice .
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Japan's Sumitomo Chemical builds a new PMMA recycling pilot plant
Time of Update: 2021-09-04
The company said: "Sumitomo Chemical will also begin to research and develop a stable raw material procurement system, including the recycling of used acrylic resins in discarded cars, electrical appliances and protective partitions .
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Brazil's oil production grows against the trend
Time of Update: 2021-09-04
1% over the previous year, while the average daily oil production of onshore oilfields was only 105,000 barrels, a decrease of 15.
The average daily oil production on the rock salt layer was 32,000 barrels, a decrease of 55% from the previous year .
