Company Dynamic

Wanhua Chemical announced that it had recently received the approval from the Shandong Provincial Development and Reform Commission to build a 1.2 million ton/year ethylene and downstream high-end polyolefin project with a total investment of 17.6 billion

• Ethylene
• Sinopec
• Wanhua

Recently, Shanghai Petrochemical's polypropylene products completed the REACH registration (chemical registration, evaluation, licensing and restriction) of the European Chemicals Agency

• Polypropylene
• EU

The U.S. Energy Information Administration (EIA) released a forecast on August 31, local time, that ethane production in the second half of this year will increase by 9% over the first half of the year.

• U.S. ethane production

On September 1, Avient (Avient) announced on its official website that it had completed the acquisition of the protective material business (including the Dyneema® brand) under DSM (DSM)

• Avante
• DSM
• Protective Material

Entering August, the market situation of veterinary drug raw materials changed abruptly, the price stagnation was obvious, the market demand recovery was not as good as expected, the downstream purchases were mainly on-demand

• API drug

Swiss specialty chemicals company Clariant said on Aug. 31 that it had reached a definitive agreement to divest its quaternary ammonium salts business to Singapore-based Global Amines in a deal valued at $113 million.

• Clariant
• Ammonium salt

Under the continuous fermentation of the energy crisis, many companies have to start "preparing for a rainy day", and the pace of price adjustment and production reduction is accelerating.

• Dow
• Polyethylene

On the evening of August 30, Wanhua Chemical Group Co., Ltd. released the MDI price in China for September 2022.

• wanhua chemical
• MDI

According to the official Weibo report of Puhua Technology, Puhua Technology recently signed another contract with Wanhua Chemical Group Co., Ltd.

• Wanhua chemical

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