Company Dynamic

Recently, ICIS released a report showing that the Asian petrochemical market is in trouble as the risk of economic recession continues to increase, and the bearish sentiment on petrochemical product prices has spread across the board.

• Asian petrochemical markets

BASF has once again expanded its offering for plastic recycling, this time with a specific portfolio designed for chemical recycling.

• BASF
• chemical recycle

Norsyn Crop TechnologyCo., Ltd. 's initial A-share IPOapplication was approved by China Securities Regulatory Commission.

• Company
• IPO
• financial performance
• China
• Biopesticides

Recently, Japan's Toray and South Korea's LG Chem jointly announced that the relevant procedures for the establishment of a joint venture to produce lithium-ion secondary battery separation membranes in Hungary have been completed

• Toray
• LG
• Separation membrane
• Hungary

The project is consisted of eight producing lines, include: 2-Chloro-5-methylthiazole4000 tons, thiamethoxam 3000 tons, clothianidin 2,000 tons, monochloroacetone 1,000tons, pymetrozine 1,000 tons, 2-Methylbenzoyl cyanide (CAS No.5955-73-7)800 tons....

• Project
• Company
• China
• pesticide

Shandong Weifang Rainbow Chemical Co., Ltd.jumped to 1st place in the list of 2021 from 2ndplace in 2020, followed by Jiangsu Yangnong Chemical. Co.,Ltd., and ZhejiangWynca Chemical Group Co., Ltd.

Shandong Weifang Rainbow Chemical Co., Ltd.jumped to 1st place in the list of 2021 from 2ndplace in 2020, followed by Jiangsu Yangnong Chemical. Co.,Ltd., and ZhejiangWynca Chemical Group Co., Ltd.

• Top
• List
• Pesticide
• China
• Industry

When using the terms sulfurous acid and sulfuric acid, we are not talking about the same chemical compound, to clarify this.

• Sulfurous Acid and Sulfuric Acid

Recently, Wanhua Chemical issued an announcement on the suspension of production and maintenance of its subsidiary’s plants, saying that according to the annual maintenance plan

• chemical giant
• MDI
• urea

According to a report by the US drilling website on June 30, 2022, according to the latest annual statistical report on world energy released by British Petroleum Corporation (bp), the world's largest crude oil producer last year was the United States.

• oil and gas

On July 5, Clariant announced that it will showcase its functional mineral products for the Chinese civil engineering market at the upcoming 2022 China (Nanjing) International Pipe Network Exhibition

• Clariant
• Bentonite

As of July 12, 2022, the average ex-factory price of domestic industrial grade propylene glycol is 10,600 CNY/ton.

• Propylene Glycol

On the afternoon of July 6, 2022, Covestro declared force majeure on styrene following an unexpected shutdown of its propylene oxide/styrene (PO/SM) plant in Maasvlakte, Rotterdam, the Netherlands, which it co-owns with LyondellBasell.

• Covestro
• Styrene

BASF announced today that it will work with Shell to evaluate and certify BASF's Puristar R0-20 and Sorbead adsorption technologies for green hydrogen production.

• BASF and Shell

On July 11, BASF released preliminary data for the second quarter. Sales in the second quarter of 2022 increased by 16% to 22.974 billion euros.

• BASF

According to Reuters and a number of European media reports: A few days ago, the global shipping giant, AP Moller-Maersk officially announced: Maersk has decided to withdraw from the world's largest shipping industry organization

• Maersk
• shipping

Qatar Energy has selected Shell as the partner for the North Field East expansion project in Qatar, the largest project in the history of the LNG sector.

• Qatar Energy
• North Field East

On July 1, DIC (China) Co., Ltd., a wholly-owned subsidiary of DIC Co., Ltd., announced that the company acquired Guangdong Tongde New Materials Co., Ltd., a Chinese coating resin manufacturer, at an undisclosed price.

• DIC
• Tongde new material

AbbVie has decided to terminate a collaboration focused on the development of Alzheimer's disease treatment AL003, Alector disclosed in a filing with the U.S. Securities and Exchange Commission a few days ago.

• AbbVie
• Alzheimer
• Immunotherapy
• Alector

Recently, the Yantai Municipal Bureau of Ecology and Environment has made a decision to approve the environmental impact assessment documents of several Wanhua Chemical projects.

• Wanhua Chemical
• chemical project