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Evonik invests in China Venture Capital Fund to promote advanced materials innovation
Time of Update: 2021-09-04
Recently, the German specialty chemicals giant Evonik announced the injection of Fuhua Angel Investment Fund and Woyan Capital Phase III Venture Capital Fund .
Woyan Capital focuses on new chemical materials as its main investment direction, while focusing on emerging technology fields such as high-end equipment and digital technology .
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JA Solar supplies high-efficiency components for Korean power stations
Time of Update: 2021-09-04
Recently, JA Solar, the world’s leading manufacturer of high-performance photovoltaic products, announced that it will supply all high-efficiency modules for the largest PERC bifacial double-glass photovoltaic project in South Korea.
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Norwegian Arctic oil and gas development is difficult to achieve
Time of Update: 2021-09-04
According to the recent oil and gas development plan issued by the Norwegian government, the country plans to extend the oil and gas drilling boundary to the boundary of the permanent ice sheet in the Arctic Circle .
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Eastern Geophysical Prospecting Won the British Towline Project for the First Time
Time of Update: 2021-09-04
Recently, the Eastern Geophysical Ocean Prospector 12-cable fleet successfully completed the West African Gambia 3D towline project.
After finishing the project, it went to the North Sea waters of the United Kingdom to implement Eastern Geophysical Exploration’s first British towline project .
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SABIC won the title of China's Good Brand
Time of Update: 2021-09-04
The strengthening of SABIC's brand building will more effectively help companies achieve inclusive growth in China and ensure that corporate growth is in harmony with the long-term development of the environment, economy and society .
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LG Chem will invest US$2.2 billion to build 10 chemical plants in South Korea
Time of Update: 2021-09-04
. LG Chem will start with the construction of PBAT and POE factories, and plan to cultivate the Dashan base as a core base for ESG projects such as bio-based raw material production, environmental protection materials, waste plastic recycling, and greenhouse gas emission reduction by 2028 .
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Methanol: The tight supply situation will subside
Time of Update: 2021-09-04
Although the new crown pneumonia epidemic is still spreading and the supply will be short of demand for a long time in 2020, market participants still predict that the tight supply situation in the global methanol market will ease in 2021, and idle production capacity will return to the market .
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Where are the multiple factors pushing up international natural gas prices?
Time of Update: 2021-09-04
Analysts believe that multiple factors such as extreme weather, energy policies, and economic recovery have exacerbated the imbalance between supply and demand in the global natural gas market, leading to soaring natural gas prices.
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Indorama acquires Brazil's Oxiteno
Time of Update: 2021-09-04
Indorama said the acquisition will give it a "unique portfolio" of high-value surfactants and significantly expand the company's newly created integrated oxide and derivative (IOD) business .
The company's surfactant products are mainly based on ethylene oxide .
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Asia leads the growth of vinyl acetate monomer production capacity
Time of Update: 2021-09-04
According to the latest report of Sinochem News GlobalData, Asia is expected to lead the global increase in vinyl acetate monomer (VAM) production capacity, from 5.
The new capacity will come from Unit 2 of the Ineos Group's Hull Vinyl Acetate Monomer Plant, which has a capacity of 300,000 tons per year.
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Crude oil to chemical projects will become a hot spot
Time of Update: 2021-09-04
5 billion joint venture between China Hengyi Company (70%) and the Brunei Government (30%) on Pulau Muara Besar, Brunei, to build a Hengyi Refinery and Chemical Complex, which can process 8 million tons of crude oil per year and can produce 1.
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At least 5 people were killed in an explosion at a chemical plant in India
Time of Update: 2021-09-04
Sinochem News Network reported on March 20 that a chemical plant explosion occurred in Maharashtra, India.
According to Indian media reports, the chemical plant where the explosion occurred was located in an industrial park in Ratnagiri, Maharashtra .
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SK Group acquires US API company
Time of Update: 2021-09-03
Sinochem News Network News on July 12, South Korea's SK Group Holding Company and American API producer AMPAC Fine Chemicals announced that their respective boards of directors have approved SK to acquire 100% of AMPAC's ownership interest .
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Speed up the global integration of the flavor and fragrance industry
Time of Update: 2021-09-03
For example, the industry giant International Flavors and Fragrances (IFF) announced the acquisition of Israeli flavors, fragrances and natural raw materials company Frutarom for US$7.
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Russia's Sibul new natural gas chemical plant investment will reach 8 billion U.S. dollars
Time of Update: 2021-09-03
According to Reuters in Moscow on June 8, Russian petrochemical company SIBUR said that the company plans to build a new natural gas chemical plant in the Russian Far East, which will require an initial investment of up to 8 billion U.
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Six Japanese companies participate in the demonstration project of power conversion into chemicals
Time of Update: 2021-09-03
According to the "research business of regional carbon dioxide resource utilization using artificial photosynthesis technology for electrolysis" proposed by these six companies, the P2C demonstration project is planned to be completed by the end of March 2025 .
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BASF will build a global catalyst development center in Ludwigshafen
Time of Update: 2021-09-03
According to a report from Hydrocarbon Processing on August 24, 2021, the German chemical giant BASF is strengthening its global catalyst development and helping customers to bring new products to the market faster .
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Green energy installed capacity reaches trillion watts
Time of Update: 2021-09-03
More than 90% of the current installed capacity of one trillion watts has been newly added in the past 10 years .
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The University of Texas study transforms undeveloped oil into clean hydrogen energy
Time of Update: 2021-09-03
The University of Texas said on Monday (August 23) that it is promoting an innovation that combines burning oil reservoirs with carbon dioxide (CO2) storage to lead a shift that could lead to relatively cheap hydrogen .
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Nippon Shokubai expands Indonesian acrylic acid production capacity
Time of Update: 2021-09-03
After the new production line is put into operation, Nippon Shokubai Group's annual acrylic acid production capacity will be expanded to 980,000 tons .
