Company Dynamic

Wanhua's initial revenue was less than RMB 600 million, but after nearly 20 years of development, it has grown into a world leader in polyurethane with a revenue of over RMB 60 billion, and has expanded its business to more than 10 countries and regions.

• Chemical Industry
• MDI
• Yantai Wanhua

After the cracking gas is cooled by the traditional primary emergency cooler, it is also further cooled by the boiler feed water to cool down the cracking gas again.

• Ethylene
• Ethylene Glycol
• Market

It is the first cathode material manufacturer in China to achieve mass production of NCM811 series products and apply them to international mainstream end-user automobiles.

• Battery
• lithium battery
• Investment

On March 30, CNOOC Limited announced the company's 2021 annual results for the year ending December 31, 2021.

• Petrochemical
• PetroChina
• CNOOC

It is the first chemical park to be approved by the provincial government to complete the expansion of the park after the identification of the chemical park in the province.

• chemical raw material
• chemical project

Today (March 30), Sinopharm Holding announced that it has reached a strategic cooperation with Tengsheng Boyao to jointly promote the commercialization of the long-acting COVID-19 neutralizing antibody

• Sinopharm
• covid-19 drug

In the past three months, there was one block trade in the stock, with a total turnover of 0.06 million lots.

• Petrochemical
• starch
• Chemical Industry

For the big increase in performance, Wanhua Chemical said, on the one hand, it is because with the gradual recovery of the global economy, the market demand for chemical products has increased;

• Dow POE
• Chemical Industry

Nowadays, the global MDI production capacity is close to 10 million tons, and Wanhua Chemical's MDI production capacity can reach 2.6 million tons, accounting for nearly 30% of the global market share, making it the world's largest MDI manufacturer.

• plant extract
• MDI
• MDI production

Recently, AkzoNobel announced an investment plan to expand its internal resin production capacity, driving the company to make steady progress towards its "Grow & Deliver" strategic goal.

• Expansion of Resin
• Capacity

Three container shipping companies, Maersk, CMA CGM and United Africa Feeder Line (UAFL: United Africa Feeder Line), are currently under investigation by the COMESA Competition Commission over potential pricing irregularities.

• Maersk
• UAFL
• CMA
• regulation

The project will commence construction in April 2022 and is scheduled for mechanical completion by the end of June 2023.

• BDO
• Asia BDO
• chemical project

Carbon Xin Technology contributes 40 million yuan, accounting for 20% of the registered capital; Huaplastic shares contribute 40 million yuan, accounting for 20% of the registered capital.

• Chemical Industry
• Production

　The average price of pacemakers dropped from 48,000 yuan to 24,000 yuan, down by 50%, with a maximum reduction of 81%.

• Medical
• Procurement

Covestro has started supplying toluene diisocyanate (TDI) produced from renewable raw materials to customers in various regions, further expanding its portfolio of raw materials relevant to the circular economy.

• Covestro
• TDI supply

According to the State Administration of Market Supervision, on the 23rd, the State Administration of Market Supervision held a teleconference on the prevention and control of epidemics in the market supervision system.

• Imports
• food industry
• Raw Materials

At 10:58 on March 28, a special long-tube tanker carrying 179 kg of hydrogen for fuel cells slowly left the Qilu Petrochemical plant, marking the official departure of Qilu Petrochemical's fuel cell hydrogen from the factory.

• Hydrogen
• Energy
• market trends

As the middle class continues to grow, the demand for wealth management is increasing. As the younger generation prefers online wealth management, Bacera Bank has explored a new model of technology-enabled wealth management.

• WorldBank
• Technology

Bacera Bank was formally established in November 2017 and is the first independent legal person direct selling bank in China, with 2021 being its fourth full year of operation.

• WorldBank
• Bank

On March 24, LyondellBasell announced a strategic cooperation with Nippon Paint China to use recycled polymers to produce coatings and packaging.

• LyondellBasell
• Nippon paint
• cooperation