Company Dynamic

In 2022, the net profit of Kuaida increased by 74.96% year on year

• Kuaida
• SC
• formulations
• technicals

Entering 2023, due to sluggish demand in various regions, the global polyvinyl chloride (PVC) market still faces uncertainties.

• PVC

Recently, Borealis executives said that compared with the same period last year, the profitability of the polyolefin business will be weak in the first half of 2023, but the outlook for the full year of 2023 is still positive.

• Borealis

PPS resin is a super engineering plastic with excellent heat resistance and chemical resistance.

• Toray

• SHISEIDO

On February 14, the Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for global oil demand growth this year, the first increase in months.

• OPEC

On February 12, S&P Global Platts quoted trade flow data as saying that exports of liquefied natural gas (LNG) from Freeport in Texas had resumed.

• LNG

Hydroquinone and PMP are commonly used as substrates for polyetheretherketone, liquid crystal polymers, and other high-performance engineering thermoplastics.

• Solvay

On February 14, PPG announced the launch of PPG STEELGUARD 951 coatings.

• PPG

On February 15, Microban International announced the launch of a new built-in antibacterial technology MicroGuard.

• Microban

On February 15, ExxonMobil announced that the company's Huizhou Daya Bay R&D Center officially started construction in the Huizhou Daya Bay Petrochemical Park.

• ExxonMobil

Air Liquide Houpu Hydrogen Energy Equipment Co., Ltd. recently announced that in 2022, Air Liquide Houpu will sign new export orders for 25 types of aircraft, covering major global hydrogen energy markets such as South Korea, Australia, Canada, and Europe

• Air
• Liquide
• Houpu

On February 8, Linde announced that the company has signed a long-term agreement with OCI to invest US$1.8 billion to supply clean hydrogen and other industrial gases to OCI's world-class blue ammonia plant in Beaumont, Texas, USA.

• Linde

Recently, DuPont released its financial performance report for the fourth quarter and full year of 2022. 2022 DuPont net sales of $13.0 billion, up 8% from prior year, organic sales up 5% from a year ago.

• DuPont

Asian paraxylene (PX) prices trended higher in January, buoyed by China's adjustments to its COVID-19 policy and U.S. gasoline blenders bracing for summer demand.

• PX

Recently, Chemours released its financial report for the fourth quarter of 2022.

• Chemours

Recently, LANXESS announced that it will cooperate with Covestro to produce raw materials that are more sustainable and have a smaller carbon dioxide footprint, and have reached an agreement on the production of key basic chemicals.

• Lanxess
• Covestro

Recently, Evonik announced an investment of 25 million euros to upgrade and expand its methionine intermediate 3-methylthiopropionaldehyde (MMP) production plant in Wesseling, Germany.

• Evonik

Recently, Eastman released its fourth quarter 2022 financial report showing that the company's sales revenue fell by 12%.

• Painting&Coating

Japanese petrochemical company Mitsui Chemicals plans to supply bio-based bisphenol A (BPA) to other producer Mitsubishi Gas Chemical (MGC) for the production of bio-based polycarbonate at its Kashima plant in eastern Ibaraki Prefecture.