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Profit margins of Asian refineries fell nearly zero
Time of Update: 2021-06-10
Recently, Bloomberg News quoted the latest trend in Singapore’s comprehensive refining profit margins, saying that due to the return of the new crown pneumonia epidemic in Asia, the profit margins of Asian refining companies have fallen sharply, from $1.
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Japan plans to increase the share of renewable energy
Time of Update: 2021-06-10
The Ministry of Economy, Trade and Industry of Japan believes that expanding the introduction of renewable energy is essential for reducing greenhouse gas emissions, and therefore considers increasing its proportion to about 30%.
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Renamed to clarify its ambitions——On the change of Total to Total Energy
Time of Update: 2021-06-10
In the future, due to the need to change the image and attract investment, more and more oil and gas companies may change their names to convey their energy transition propositions to the outside world.
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The prospects of the Asian PTA market in the second half of the year are worrying
Time of Update: 2021-06-10
Recently, market participants said that due to the dual impact of China's large number of new production capacity and the uncertain demand outlook in the second half of the year, the prospects for the Asian purified terephthalic acid (PTA) market are worrying.
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Malaysia's rubber exports soar
Time of Update: 2021-06-10
84 billion ringgits in the first quarter of this year, an increase of 169.
Among them, the export of rubber products such as rubber gloves was 19.
54 billion ringgit, a year-on-year increase of 213.
26 billion ringgit, an increase of 22.
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BASF releases annual report on Greater China for the 13th consecutive year
Time of Update: 2021-06-10
Stephan Kothrade, President and Chairman of BASF Greater China, said: “In 2020, BASF will demonstrate by protecting the health and safety of employees, ensuring the normal operation of the business, and ensuring reliable product supply for customers.
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14 chemical companies listed on the Fortune 500 list
Time of Update: 2021-06-10
5 billion, ranking 82th in the total ranking, down 4 places; 3M followed closely with annual revenue of US$32.
5 billion US dollars, and its ranking dropped sharply from last year’s third place to 10th; Chevron’s annual revenue was 94.
7 billion US dollars, ranking 27th, a sharp drop.
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Evonik Huashu Hi-Tech develops high temperature resistant 3D printing materials
Time of Update: 2021-06-10
Recently, Evonik cooperated with Huashu Hi-Tech to successfully develop a new type of high temperature resistant 3D printing powder material.
At present, Evonik INFINAM PA 6005 P (polyamide 613) prefabricated high temperature resistant polymer powder material has successfully completed the performance test on Huashu ST252P and HT403P series equipment.
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Israel may relax natural gas exports
Time of Update: 2021-06-10
Calcalist pointed out that as part of the visit, the possibility of establishing an underwater pipeline connecting the Leviathan oil well to the Egyptian liquefied natural gas (LNG) plant was proposed to promote foreign exports.
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Pembina acquires Inter Pipeline
Time of Update: 2021-06-10
Sinochem Xinwang News recently, Canada's Pembina Pipeline Company announced that it will acquire Inter Pipeline in a stock exchange for a transaction value of 15.
2 billion Canadian dollars, including Inter Pipeline's debt.
The assets in the transaction include Inter Pipeline's Heartland petrochemical complex.
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Create brand value with high-performance products-PPG Asia Pacific executives talk about development in China
Time of Update: 2021-06-10
Luo Wenshang said: "PPG has strengthened its powder coating research and development capabilities to meet the growing market demand for environmentally friendly products.
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IEA: Global oil oversupply is a thing of the past
Time of Update: 2021-06-10
Although the IEA lowered its forecast for this year’s global oil demand growth by 270,000 barrels per day, an increase of 5.
The IEA stated that under the current OPEC+ policy of limited production increases, oil supply will not be able to keep up with the expected surge in demand in the second half of the year.
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It will take time for the demand for refining catalysts to pick up
Time of Update: 2021-06-10
Product demand is difficult to recoverProduct demand is difficult to recover Product demand is difficult to recover Many people in the catalyst industry said that demand disruption caused by the new crown pneumonia epidemic is the main factor affecting the medium-term market demand for refined oil.
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LANXESS completes the sale of organic leather chemicals business
Time of Update: 2021-06-08
Sinochem News News on June 1, German specialty chemicals company LANXESS announced that it has completed the sale of its organic leather chemicals business to TFL Ledertechnik GmbH.
After the sale, all businesses of the organic leather chemicals business line with approximately 420 employees have been transferred to TFL.
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Chevron Phillips Chemical Company breaks ground on world-class 1-hexene plant
Time of Update: 2021-06-08
" Chevron Phillips Chemical Company stated that the new 1-hexene plant project in Old Ocean will enjoy significant advantages in terms of infrastructure, raw material availability and operational expertise.
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Henkel will establish an innovation center in Shanghai
Time of Update: 2021-06-04
Mark Dorn, President of Henkel Asia Pacific and Head of Adhesives Technology Business Unit in Asia Pacific, said, “As an important pillar of our global innovation network, this innovation center will strengthen our business foundation in China while being able to take advantage of regional Innovative advantages will create impetus for future business growth in China and the Asia-Pacific region.
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Total Vision Solar Power Achieves Achievements
Time of Update: 2021-06-04
As a leading green technology company, Envision Group is committed to Net-zero emission solutions in China help more industrial and commercial enterprises and government departments to achieve carbon neutrality.
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Schneider: to create a green and sustainable future industry
Time of Update: 2021-06-04
Challenges and opportunities under the dual carbon goal In the face of an uncertain future, Schneider Electric has already put forward the concept of "Green Smart Manufacturing" in 2019, advocating the comprehensive use of information technology, operation technology, data technology, energy technology and communication technology to help enterprises realize production and operation information.
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"Future refinery" shines into reality
Time of Update: 2021-06-04
In fact, Honeywell had forward-looking forward the concept of "future refinery" as early as 2019 and released the "Future Refinery White Paper-Crude Oil to Chemicals" to discuss how to build a "future refinery" to deal with The current series of challenges encountered by the refining and chemical industry meet the needs of the refinery to invest in the construction of clean fuel oil production capacity and help the refinery develop into a comprehensive petrochemical enterprise.
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Nanjing Engineering Construction and Natural Gas Liquefaction Project
Time of Update: 2021-06-04
Recently, the China Overseas Fluor Canada Natural Gas Liquefaction Project undertaken by Nanjing Engineering Company held the opening ceremony.
The project will provide the final assembly of 35 modules for a new set of natural gas liquefaction equipment for the Canadian natural gas liquefaction project.
