Company Dynamic

Recently, Longbai Group Co., Ltd. announced that the wholly-owned subsidiary Henan China Carbon New Material Technology Co., Ltd. invested and constructed the artificial graphite anode material project with an annual output of 100,000 tons of lithium-ion

• Titanium Dioxide

On March 18, 2022, Tuoqiu issued an announcement stating that Tuoqiu Biotechnology (Lanzhou) Co., Ltd. (hereinafter referred to as "Toobi Bio"), a holding subsidiary of Tuoqiu

• Acquisition
• company

In the same month, the Wanhua Chemical-Perfimac Biodegradable Mulch Demonstration Project was signed in Shouguang, Shandong Province.

• PLA
• biodegradable plastics
• Yantai Wanhua

Construction content: The project will mainly build production workshops, warehouses, tank areas and other auxiliary facilities, etc., with an annual production capacity of 75,000 tons of PLA after completion.

• PLA
• Plastics
• wanhua chemical

In recent years, with the improvement of the foaming technology, microfoam materials have made a big splash in the field of automotive lightweighting and are favoured by car manufacturers.

• foam products
• Materials
• Plastics

GM announced that in February 2022, the company's Thailand plant will achieve sales of US$33 million, an increase of 309% over the same period last year.

• GM
• Thailand's

Recently, BASF announced that it will almost double the production capacity of synthetic ester base oils at its Jinshan base in China.

• BASF
• Synthetic ester

At present, the covid-19 epidemic is spreading in many parts of the country, and the production and application of epoxy resin has been greatly affected.

• Epoxy resin
• supply chain

On the long-term path to achieve carbon peaking and carbon neutrality, global chemical companies are facing the most profound transformation challenges and opportunities, and have launched strategic transformation and reorganization plans.

• chemical giant
• Solvay

Mitsubishi Chemical Corporation (MCC) recently announced that its bio-based engineering plastic "DURABIO™" has been selected by Pilot Corporation for the production of the "Acroball T" series and the "FRIXION Ball Knock 05" s

• biobased
• Raw Materials
• Plastics

Wanhua Chemical intends to invest in the construction of MDI separation and propylene process BDO project at Ningdong base.

• BDO
• wanhua chemical
• MDI

Recently, the Swedish battery manufacturer Northvolt announced that the company will build a 60-gigawatt battery plant "Northvolt Drei" in the city of Heide in the northern German state of Schleswig-Holstein.

• battery
• gigafactory

A video has been circulated on the internet showing a netizen buying a whole crocodile from Boxmart Fresh Life. When a man used a kitchen knife to cut the crocodile, it jumped up.

• food health
• crisps
• Price Increase

More than a year ago, the strictest plastic ban in history came into effect, banning the use of non-degradable disposable plastic straws in the catering industry nationwide.

• biodegradable plastics
• Plastics
• Straws

China Food and Drug Administration recently, the sixth branch of the Shandong Provincial Drug Administration regional inspection (hereinafter referred to as the sixth branch) joint Heze City.

• china cosmetics market
• cosmetics materials

Mitsui Chemicals announced on 15 March that it will close its purified terephthalic acid (PTA) plant in Otake, Iwakuni, Japan, in August 2023.

• PTA supply
• PTA production

On March 16, Sinopec Yangzi Petrochemical successfully produced the new EVA hot melt adhesive UE 2815GA for the first time, and after inspection, the product passed all the performance indicators.

• EVA
• Yangzi Petrochemical
• Petrochemical

Oil and gas giants BP (bp) and Eni (Eni) have signed an agreement to create a new, 50/50 independent company.

• crude oil

In the latest news, the Geneva Medicines Patent Pool (MPP) announced that it has signed agreements with 35 pharmaceutical companies to allow them to produce nirmatrelvir, one of the ingredients of Pfizer's new oral drug Paxlovid.

• MPP
• Nirmatrelvir
• Paxlovid

According to Reuters, "Tesla is suspending production at its Shanghai plant for two days as China tightens COVID restrictions to contain the latest outbreak, according to internal and supplier notices."

• Tesla