Company Dynamic

In November 2021, ExxonMobil Huizhou ethylene project held a full-scale construction activity, marking the entry of the project's production unit into the full-scale formal construction stage.

• LDPE
• ExxonMobil
• Ethylene

Recently, Pirelli Tire Company said it plans to launch passenger tires with lignin filler later this year.

• Pirelli

Recently, SUEZ officially released the Suez Asia Sustainability Report 2021. The report expounds SUEZ's determination, plans and actions in sustainable development in China and Asia to stakeholders from multiple perspectives and dimensions.

• SUEZ

For the paint and chemical industries, the RMB's two-year low is undoubtedly a major negative. Under the shortage of supply, the difficulty and price of these raw materials may be raised.

• chemical
• polyvinyl alcohol
• DuPont
• Mitsubishi
• Toray

The RMB exchange rate, which had stabilized since the middle of the year, fell again. At the opening of the market on August 29, the onshore and offshore RMB exchange rates against the US dollar both fell.

• imported chemical
• petrochemical

From August 16th to 29th, the Shanghai Municipal Bureau of Ecology and Environment announced the acceptance of the EIA for the expansion project of the INVISTA Yinglong production base.

• INVISTA

A few days ago, Zhejiang Xinhecheng Co., Ltd. stated in its semi-annual financial report for 2022 that the company's third-phase project with an annual output of 7,000 tons of polyphenylene sulfide (PPS)

• Polyphenylene Sulfide
• Adiponitrile

Recently, Mitsui Chemicals and Teijin jointly announced that the two companies will cooperate to produce bisphenol A (BPA) and polycarbonate (PC) resins

• Mitsui chemicals
• biobased BPA
• PC

In this article, seven significant challenges facing the agrochemical industry today will be outlined, and how equipment from Formulaction – Fluidicam and Turbiscan, for example – are helping agrochemical developers develop effective solutions quickly.

• Formulation
• Pesticides
• Agrochemicals
• Formulaction

Many studies on deep-sea fish oil in recent years have found that it does not actually prevent cardiovascular disease. On the one hand, it is because fish oil loses a lot of DHA and EPA during the production process

• HMG-CoA
• statin

On August 25, AstraZeneca announced the approval of three drugs in Japan

• AstraZeneca
• pharmaceutical industry

Recently, Red Avenue New Materials Group Co., Ltd. announced in its 2022 semi-annual report that the 100,000-ton/year biodegradable material project (Phase I) cooperating with BASF is in the construction stage.

• BASF

In an interview with European media recently, Cabot's European regional executives said that despite the severe challenges faced by Europe due to geopolitical conflicts, the company is still confident in the global carbon black market this year.

• Cabot

ABA Chemicals (Nantong) Limited intends to invest RMB 160 million and hold 80% equity of the target company.Biotalk plans to invest 40 million yuan and hold 20% equity of the target company.

• Investment
• Cooperation
• ABA
• chemical
• Biotalk

Punjab government has banned 10 Insecticides for 60 days in a move to save basmati rice exports.

• India
• Agrochemical
• Ban

After mid-August, different supply sources in the recycled EPS market had different trends. Among them, the supply of white materials was squeezed by the price of new materials, high-priced shipments were blocked

• Recycled EPS

On August 22, the groundbreaking ceremony of the 500,000-ton/year LDPE (low density polyethylene) plant of the ExxonMobil Huizhou Ethylene Project, undertaken by Sinopec Nanjing Engineering Co., Ltd., was held.

• ExxonMobil
• Ethylene project
• LDPE

On August 26, INEOS announced that it would acquire all the assets of Mitsui Phenol Co., Ltd., located in Jurong Island, Singapore, from Mitsui Chemicals

• INEOS
• Mitsui
• Phenol

Covestro will produce high-performance polycarbonate plastics from two carbon-reduced raw material products from INEOS' INVIRIDIS™ family, phenol and acetone, based on a mass balance approach.

• INEOS
• Covestro
• Polycarbonate

As the hot weather continues in Sichuan and Chongqing, local fertiliser companies will continue to shut down after experiencing 10 consecutive days of power restrictions.

• fertilizer
• production