Company Dynamic

On December 24, 2021, the 300,000-ton/year No. 2 polyethylene plant in Zhenhai Base was successfully commissioned for a trial run.

• Polyethylene
• Zhenhai refining

In the future, many new caprolactam units will be put into operation, and the industry's start-up rate will continue to be low and costs will remain high, making it difficult to reconcile the contradictions between supply and demand.

• Petrochemical
• Caprolactam
• market trends

On December 27, the coal-to-hydrogen tail gas capture project built by the East China Petroleum Bureau at the Nanhua Company was commissioned

• Sinopec
• CCUS

After a long period of decline, the price of bisphenol A has fallen to a relatively low level, and substantial changes in raw material prices have already affected the bisphenol A market.

• bisphenol A
• PC

Recently, Clariant, the world's leading specialty chemical products company, announced that it will build the first production plant of Exolit OP flame retardant in China at its existing base in Huizhou Daya Bay Economic and Technological Development Zone

• Daya
• Bay
• Petrochemical industry

Recently, Qingdao Petrochemical Company successfully produced metallocene polypropylene resin.

• Metallocene polypropylene
• resin

Recently, PPG Industrial Group announced that the company will invest US$2.7 million in a powder coating plant located in the Sumaré area of Sao Paulo, Brazil

• PPG Brazil
• Powder Coating

Zibo Zhengda plans to build a 90,000-ton polyetheramine project in Maqiao Industrial Park, Huantai County, a provincial chemical park.

• Polyetheramine project

Xinhecheng announced that the company’s board of directors agreed to sign the "Letter of Intent for Joint Venture and Cooperation" between the company and China Petroleum & Chemical Corporation

• Xinhecheng
• Sinopec

Recently, Oriental Shenghong issued shares and paid cash to purchase 100% of Serbon’s equity and raised matching funds and related transactions

• Serbon
• Acquisition

On January 26, China Petroleum & Chemical Corporation (Sinopec) and plastics, chemical and refining company LyondellBasell announced the signing of a joint venture agreement to establish a 50:50 reciprocal joint venture

• sinopec news

On March 24, 2021, Wanhua Chemical announced that the company and Fujian Petrochemical intended to establish a joint venture company

• wanhua chemical

On March 4, Dow Chemical (China) Investment Co., Ltd. and Zhanjiang Economic and Technological Development Zone Management Committee signed a memorandum of understanding

• polyurethane
• Chemical Industry

In order to promote the construction of the project and achieve win-win cooperation and development, Miracll Chemicals Co., Ltd. intends to sign a strategic cooperation agreement with Henan Energy Chemical Group Co.

• polyurethane
• Chemical Industry

In November 2021, China's imports of bisphenol A amounted to 31,046 tons, a year-on-year decrease of 42% and a month-on-month decrease of 17%; the average import price was US$2,758/ton

• bisphenol A
• PC market

Recently, Mitsui Chemicals announced that the company has begun to introduce biomass naphtha feedstock for its steam cracker in Osaka, Japan.

• Mitsui chemicals
• Biomass naphtha

On Friday, the ring chlorine suddenly increased due to accidents. The market was closed on Saturdays and Sundays.

• Epoxy Resin
• bisphenol A

Entering the end of December, the domestic bisphenol A market fluctuated within a narrow range.

• bisphenol A

Project name: Wanhua Chemical Group Co., Ltd. 850,000 tons/year polyether polyol expansion project

• Polyether Polyol
• polyurethane elastomer

On December 17, the Jilin Provincial Department of Ecology and Environment issued an announcement that it intends to review the environmental impact assessment of the PetroChina Jilin Petrochemical

• CNPC
• phenol acetone
• bisphenol A