Company Dynamic

The project covers a land area of 64,228m², mainly building synthetic resin production equipment (including synthetic workshop and filling workshop).

• resin

Oil major Shell has approved the development of the Dover offshore field in the Gulf of Mexico.

• Shell

BSM recorded record revenue and net profit. As the business of its main product, Pendimethalin, continues to grow, BSM announced at its earnings briefing on July 17 that it will be a strategic supplier to the world's leading agrochemical companies

• BSM
• Pendimethalin
• agrochemical
• Topramezone

Recently, SJ Chemical, a subsidiary of Limin’s industrialization project of highly efficient, low toxicity and environmental protection agricultural fungicide 60% Pyraclostrobin · Metiram WG successfully passed acceptance.

• Pyraclostrobin
• fungicide
• WG

On March 19, the company announced that it had signed the Framework Agreement of Intent to Purchase Shares

• Chemical
• Baoling
• intermediates
• pesticides

Recently, Cosmo Energy Development, a subsidiary of Cosmo Energy Holdings, announced that it has acquired a 25% stake in Qatar Petroleum Development from Sojitz Corporation.

• Qatar

On March 10, Solvay announced the launch of Polycare Heat Therapy, a new functional active ingredient.

• Solvay

On March 14, WACKER announced its 2022 financial report. The financial report shows that in 2022, the company's sales and profits will reach a new high, achieving sales of 8.21 billion euros, a year-on-year increase of 32%; 2.08 billion euros.

• WACKER

Clariant released its financial report on March 2, stating that the company's goal this year is to achieve higher profitability through sustainable development and innovation in order to achieve growth above the market level.

• Clariant

Honeywell announced today that ExxonMobil will deploy a Honeywell carbon dioxide fractionation and hydrogen purification system at its integrated cogeneration facility in Baytown, Texas.

• ExxonMobil
• Honeywell

Argentina's national oil company (YPF) recently reported that it plans to double its crude oil production and increase natural gas production by 30% over the next five years.

• Petroleum

South Africa's Sasol and Denmark's Topsoe have recently signed a memorandum of understanding to establish a 50/50 joint venture in 2023 to develop sustainable solutions for aviation fuel (SAF).

• Sasol
• Topsoe

Recently, Freudenberg Power Battery and Fuel Cell Group signed a long-term lithium-ion battery module supply contract with LG New Energy, with a contract shipment of 19 GWh.

• Freudenberg
• LG

Recently, INPEX, Japan's largest oil and gas company, and Lukoil, the Russian oil giant, completed research on the joint development of Iraq's Eridu Oilfield.

• INPEX

Recently, the Japan Belt Industry Association announced the import and export performance of tapes in 2022 based on trade statistics compiled by the Japanese Ministry of Finance.

• tape

Recently, Standard & Poor's Global announced that according to the agency's calculations, South Korea's naphtha feed cracking operators expected an average load of 87.96% in March, up from 75.89% in February.

• crackers

Patent cliff, one happy and one sad.

• patent

In the 2022 financial report released by Bayer Group recently, sales increased by 8.7% year-on-year to 50.739 billion euros. Both sales and earnings increased significantly.

• Bayer

Since the beginning of this year, despite the gloomy global economic situation, the chemical industry has not slowed down in the acquisition or sale of business.

• M&A

Recently, the heads of many multinational companies said that the Chinese economy has shown strong resilience and has become the engine of world economic growth, providing a solid foundation for the development of multinational companies in China.