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International oil prices "three consecutive declines", WTI fell below 70 US dollars / barrel
Time of Update: 2021-08-14
According to the analysis of the business agency, oil prices have fallen for three consecutive trading days, mainly due to data released by the US Energy Information Administration on Wednesday showing that crude oil inventories have unexpectedly increased sharply .
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Clariant products won ACC awards
Time of Update: 2021-08-14
According to reports, in a carbon footprint analysis from the initial raw material to the final product, Clariant's glucamide products show a lower carbon footprint, considering 100% active ingredients, reducing at least 1.
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Thai Petroleum participates in the financing of CAP's second petrochemical plant
Time of Update: 2021-08-14
Sinochem News recently, Indonesia Chandra Asri Petrochemical (CAP) announced that Thai Petroleum has officially become its strategic investor and joined its second petrochemical plant in Sairegon, Indonesia, with a financing amount of US$1.
The new petrochemical plant will double CAP's chemical product production capacity to over 8 million tons per year .
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Nouryon licenses CiD technology to Beiyuan
Time of Update: 2021-08-14
" Nouryon Polymer Specialty Chemicals Vice President Alain Rynwalt said, "Nouryon The CiD patented technology will help Beiyuan increase production, while improving production efficiency, product quality, production process safety, and reducing energy consumption .
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Mitsubishi Chemical builds a new resin plant in the U.S.
Time of Update: 2021-08-14
Recently, Mitsubishi Chemical announced that it will invest more than 100 billion yen (approximately US$900 million) to build a methyl methacrylate (MMA) plant in the United States, which is a resin raw material for automobiles and coatings .
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LANXESS completes acquisition of U.S. specialty chemicals company Emerald Kalama
Time of Update: 2021-08-14
Sinochem News News on August 3, German specialty chemicals company LANXESS announced that it has completed the acquisition of Emerald Kalama Chemical .
In 2020, the global sales of Emerald Kalama Chemical Company of the United States will be approximately 425 million U.
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Covestro joins hands with Tongji to promote industry-university-research cooperation
Time of Update: 2021-08-14
Other projects include the development of new materials for the next generation of lithium-ion batteries, and the manufacture of special parts that can absorb impact energy through 3D printing technology to improve the safety performance of electric vehicle batteries .
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BP signs multiple hydrogen production cooperation agreements
Time of Update: 2021-08-14
BP stated that CF Fertilizer, Mitsubishi Chemical and Sembcorp Energy are seeking to convert the fuel from the Teesside plant to BP’s clean hydrogen, and the agreement with Alfanar will also expand the supply of clean hydrogen to Alfanar’s development in Teesside.
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China National Petroleum Corporation promotes quality and efficiency in depth
Time of Update: 2021-08-14
In recent years, China National Petroleum Middle East Corporation has continuously achieved leapfrog development in production and efficiency, and good news have been spread frequently . Thanks to t
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ROHM Asia Technology Center settled in Shanghai
Time of Update: 2021-08-14
As the world's leading methacrylate integrated company, ROHM has established an Asian technology center in Shanghai to speed up response, provide customers with closer technical support, and meet customers' needs for developing innovative design applications .
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Crude oil demand rebounds Shell net profit growth
Time of Update: 2021-08-14
428 billion in the second quarter of 2021, compared with a loss of US$18.
During the quarter, Shell's sales reached 60.
Compared with the first quarter, Shell sales increased by 9%, and profit margins also increased significantly due to the increase in unit price .
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Baling Petrochemical adds 5 overseas resin customers
Time of Update: 2021-08-14
Recently, Baling Petrochemical announced that in the first half of the year, Baling Petrochemical’s resin division seized market opportunities and optimized its sales structure.
The quality of the products produced by the reformed liquid epoxy resin unit unit is stable, with daily output stabilizing above 147 tons.
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Acrylic prices in Europe are at historical highs
Time of Update: 2021-08-13
According to the latest "Global Acrylic and Super Absorbent Resins Monthly Report" released by IHS Markit, in June, the spot freight index for trade routes from Asia to Europe exceeded US$10,000 per 40 foot equivalent unit (FEU) .
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Japan intends to export hydrogen to the Netherlands
Time of Update: 2021-08-13
Recently, the Port of Rotterdam Authority (POR) in the Netherlands, the Zaandam Koole Terminal in the Netherlands, the Yokohama Chiyoda Company and Mitsubishi Corporation signed a memorandum of understanding (MOU) to use Chiyoda's SPERA hydrogen storage and transportation technology to Rotterdam.
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The U.S. Senate passes the trillion-dollar infrastructure investment bill
Time of Update: 2021-08-13
After several months of negotiations, the White House and representatives of both parties in Congress reached a preliminary agreement on an infrastructure investment plan of approximately $1 trillion at the end of June, and final details were finalized in early August .
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Profits of North American chemical companies have risen
Time of Update: 2021-08-13
Oilon announced a net profit of US$356 million in the second quarter, compared with a loss of US$120 million in the same period last year, due to higher pricing and sales .
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Schneider assists Shenghong Refining and Chemical Integration Project
Time of Update: 2021-08-07
Recently, the 42 sets of CCS compressor control systems provided by Schneider Electric for the Shenghong Refining and Chemical Integration Project have passed the FAT factory test and acceptance, and have been delivered to the project site for technical debugging .
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BASF sells Solenis to Platinum Capital
Time of Update: 2021-08-07
Recently, BASF and Clayton, Dubilier & Rice signed an agreement to sell Solenis to Platinum Equity .
The transaction does not affect any existing medium and long-term supply agreements and commercial relationships between BASF and Solenis .
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Covestro participates in the formulation of national standards for recycled plastics
Time of Update: 2021-08-07
Sinochem News recently, Covestro announced that innovative recycling will be an important measure to realize the circular economy to help formulate China's national standards for recycled plastics .
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Empowering business decisions and optimizing chemical resources——A talk by Xu Rong, Director of ICIS China Market Development
Time of Update: 2021-08-07
As a well-known company in the global chemical data industry, ICIS has connected markets and customers through data for many years, providing participants in the global commodity market with a comprehensive and trustworthy perspective, empowering business decisions and optimizing chemical resources .
