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    Shandong industrial structure adjustment: chemical industry accounts for 35%+

    Shandong industrial structure adjustment: chemical industry accounts for 35%+

    2020-09-27

    In addition, vigorously promote emerging industries. Shandong will build 112,000 5G base stations and 30,000 industrial APP application platforms in three years.
    Value added of chemical industry up 6.9% in August from a year earlier

    Value added of chemical industry up 6.9% in August from a year earlier

    2020-09-27

    China's National Bureau of Statistics has released data showing that in August, the value added of domestic industries above designated size actually increased by 5.6% year-on-year
    US alumina imports up 1.12% in Q2, exports down 6.75%

    US alumina imports up 1.12% in Q2, exports down 6.75%

    2020-09-27

    In the second quarter of 2020, the United States imported 361,000 tons of alumina, compared with 357,000 tons in the first quarter, an increase of 1.12 percent, and 364,000 tons in the same period last year, down about 1 percent
    India's ONGC plant explosion: impact on domestic polyolefins

    India's ONGC plant explosion: impact on domestic polyolefins

    2020-09-25

    In the early morning of September 24, local time, the Indian Oil and Natural Gas Corporation (ONGC) gas pipeline at the Hazira port plant in Gujarat state had an explosion. It is reported that the plant obtained natural gas from its west coast oil fields

    The Latest Advancement of Global Chemical Business

    Unilever teamed up with Google Cloud to develop sustainable palm oil

    Unilever teamed up with Google Cloud to develop sustainable palm oil

    2020-09-27

    Comprehensive Aspects of Global Chemical Industry and Potencial Value

    BASF announces PA66 surge of USD 300/tonne

    BASF announces PA66 surge of USD 300/tonne

    Recently, BASF issued a price increase letter stating that due to significant and rapid increases in raw material costs, BASF will be making the following product-related price increases in the Asia Pacific region effective October 1, 2020
    Fundamental expectations weaken, ethylene glycol faces continued downside risk

    Fundamental expectations weaken, ethylene glycol faces continued downside risk

    The continued decline in the superimposed crude oil price will collapse the cost of ethylene glycol. It is expected that the ethylene glycol 2101 contract in the future may continue to fall.
    The weakening of market demand is difficult to change the weak PP pattern

    The weakening of market demand is difficult to change the weak PP pattern

    Looking ahead, PP is expected to maintain a weak operation in the core range of 7,500-7800 yuan/ton, and maintain the idea of shorting every callback.
    The global ethanol market will not fully recover until 2022

    The global ethanol market will not fully recover until 2022

    Global ethanol market will not fully recover from the demand shock caused by the spread of the neo-crown epidemic until at least 2022, and that more than 250 ethanol plants around the world have already closed.
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