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> China Independent Refineries' Oil Refining Margins Improving
The oil refining margins at Shandong independent refineries averaged at RMB 400.9/mt in February, up 42.4% from the same period of January. In the future, international crude oil may continue slipping, and the market demand for some refined oil products will improve. Accordingly, the independent refineries’ margins will continue increasing.
> Over 3% Growth Forecast for Global Fillers Market till 2024
German market research company, Ceresana, recently released a report on the global market for fillers. The report predicts the worldwide demand for ground calcium carbonate (GCC), precipitated calcium carbonate (PCC), kaolin, talc, carbon black, and other fillers to reach 75-mt in 2024, with revenues growing at an average of 3.2% per year.
> Covestro Posts Strong 2017 Results
German materials manufacturer, Covestro, has reported over 18% increase in Group sales in fiscal year 2017 to €14.1-bn over the past fiscal year. Net income more than doubled from €795-mn to €2.0-bn.
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