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The global potash fertilizer cannot follow the injury-a brief discussion on EU sanctions on Belarusian potash
Time of Update: 2021-08-05
Previously, White Potassium had issued a warning to the European Union that the EU's sanctions on the company would cause an impact on the global fertilizer market and even global food security .
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China will lead the growth of global ethylene capacity
Time of Update: 2021-08-05
Recently, GlobalData said that China will lead the growth of global ethylene production capacity by 2025, and Asia’s new ethylene production capacity will reach 52.
94 million tons/year, and China will account for half of Asia’s new ethylene production capacity .
99 million tons of new capacity per year by 2025 .
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Sasol explores South Africa's green hydrogen market
Time of Update: 2021-08-05
Sinochem News recently, Sasol announced that the company and the South African Industrial Development Corporation (IDC) have signed a memorandum of cooperation to jointly promote South Africa's green hydrogen economy .
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Japanese lubricant demand keeps growing
Time of Update: 2021-08-05
According to a report from the Ministry of Economy, Trade and Industry of Japan, including exports, Japan’s lubricating oil production fell by 5% in May to 138,472 kiloliters, down from 145,083 kiloliters in the same period last year, and down 18% from 169,552 kiloliters in April this year.
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3M State of Science Index Survey Report Released
Time of Update: 2021-08-05
According to Xiong Haikun, general manager of 3M R&D operations in Greater China, in terms of sustainable development, the Chinese people surveyed have paid more and more attention to environmental issues in the past year .
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Lukoil plans to build a new petrochemical plant
Time of Update: 2021-08-05
This will increase the company's annual gasoline output by 400,000 tons .
161 million tons of crude oil in 2020, producing 3.
317 million tons of gasoline, 3.
412 million tons of fuel oil .
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Digital giants grab a beach in clean energy
Time of Update: 2021-08-05
At present, global digital giants are financing solar, wind and other renewable energy projects on an unprecedented scale, and are willing to help energy and chemical companies transform and obtain renewable energy by paying in advance or signing long-term energy purchase contracts at a certain price .
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BASF's sales in the second quarter were 19.753 billion euros, a year-on-year increase of 55.8%
Time of Update: 2021-08-05
355 billion euros, a significant increase from the 226 million euros in the same period last year that was mainly affected by the epidemic .
316 billion euros, a significant increase from the 59 million euros in the same period last year affected by the epidemic .
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South Africa's largest oil refinery announces force majeure
Time of Update: 2021-08-05
Recently, affected by the continuous riots in South Africa, Sapref, the largest refiner in South Africa, announced force majeure .
Public information shows that the refinery is operated by Shell and British Petroleum, with a daily output of 175,000 barrels and 35% of South Africa's refining capacity .
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Progress of CNPC International Pipeline Project in Kazakhstan
Time of Update: 2021-08-05
In order to achieve the construction goals on schedule, the Northwest Crude Oil Pipeline Joint Venture of China National Petroleum International Pipeline Company adheres to the guidance of "anti-epidemic production with both hands, health and benefits" as a guide, and forms a community of destiny with contractors, overcomes many difficulties, and makes every effort to accelerate the speed of Oman pumping station Construction progress .
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BASF plans to build a new battery recycling test facility in Germany
Time of Update: 2021-08-05
com BASF announced on July 12 that it plans to build a new battery recycling test device at its Schwarzheide cathode active material production base in Germany .
The recycled metal will be used to produce new positive electrode active materials, helping to achieve a circular economy in the battery value chain .
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Dutch company joins UAE Blue Ammonia Program
Time of Update: 2021-08-05
Sinochem News, according to World Natural Gas News on June 23: Dutch fertilizer producer OCI has joined a global-scale blue ammonia production project in Ruwais, UAE, through a joint venture with Abu Dhabi National Oil Company (ADNOC) Fertiglobe .
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Covestro launches a new group structure
Time of Update: 2021-08-05
Sinochem News Network News on July 1, Covestro announced the effective new organizational structure, successfully reorganizing its three previous business segments-polyurethane, polycarbonate, coatings, adhesives and specialty chemicals into seven businesses Ministry, thus reaching the first milestone in the implementation of its new "sustainable future" strategy .
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SK will build a hydrogen fuel base
Time of Update: 2021-08-05
The company also plans to build 100 hydrogen refueling stations in South Korea by 2030 .
" Lotte Chemical will establish a hydrogen-related technology joint investment company before the end of this year .
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INEOS produces ABS from recycled styrene
Time of Update: 2021-08-05
The company stated that preliminary tests conducted on this material in the Ineos Styrolution Laboratory showed that there is no difference in data between ABS produced from recycled styrene and virgin material .
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Indorama builds PET recycling facility in Indonesia
Time of Update: 2021-08-05
Recently, Indorama said that it will build a facility in West Java, Indonesia to recycle 1.
92 billion polyethylene terephthalate (PET) bottles each year.
The recycling plant uses post-consumer bottles as raw materials for PET flakes to produce recycled resin suitable for food contact .
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Pioneer Energy: Renewable natural gas will usher in disruptive growth
Time of Update: 2021-08-05
This is exactly what Pioneer Renewable Energy and its new CEO Joel Gay do .
Pioneer is already one of the largest companies producing RNG in the country by anaerobic digestion and will play a leading role in this growth .
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Dow announces capacity expansion plan
Time of Update: 2021-08-05
Sinochem News Online on July 1, Dow announced a series of incremental and high-return capacity expansion plans .
In Dow’s consumer solutions business, several key growth projects are planned to be implemented online in the global market this year.
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Taido takes measures to deal with the shocks of the rubber market
Time of Update: 2021-08-05
In terms of cooperation with private companies, RAOT cooperates with private operators who are strong in production and futures trading to stabilize rubber prices and set a target of 35,000 tons/year .
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The pattern of global chemical M&A transactions has changed
Time of Update: 2021-08-05
Menella also said that these mergers and acquisitions show the recent activity of private equity companies in chemical mergers and acquisitions .