Company Dynamic

On November 2, Symrise announced on its official website that it will establish a joint venture with the French family company Groupe Neroli in Grasse.

• Symrise
• Neroli

After the National Day, BPA has entered a downward trend of sharp decline since the 13th after being supported by the cost side.

• bisphenol A

Among the 434 listed chemical companies, 296 companies made profits in the first three quarters, accounting for 68.2%. Among them, 144 companies doubled their net profits, and only 28 companies lost net profits.

• chemical company
• dual carbon

This year, the whole province of Jiangsu will continue to close and exit low-end and low-efficiency chemical production enterprises, and plan to close more than 200 more

• chemical plants
• chemical industry
• Jiangsu factories

It was learned from the Science and Technology Development Department of Baling Petrochemical Company on November 1 that in October

• Baling petrochemical
• authorized patents

Eastman Chemical Company announced on October 28 that the company and its subsidiaries have reached a final agreement with Synthomer to sell its adhesive resin assets and business for a total cash price of US$1 billion.

• Eastman
• adhesive resin business

Recently, Sinopec’s own technology-gas-liquid fluidized bed polyethylene complete technology application has made a major breakthrough, and a series of ultra-low-density polyethylene products have been successfully produced in Tianjin Petrochemical.

• Tianjin Petrochemical
• polyethylene

The epoxy resin market fell broadly in October. According to the monitoring data of the business agency, the East China liquid resin market was offered at 37,700 CNY/ton on October 1

• Epoxy resin
• bisphenol A

London reported on October 29 that Royal Dutch Shell announced a third-quarter net loss on Thursday, as the huge amount of money written off by the energy giant offset the impact of soaring oil prices.

• oil price
• Shell

There was news last week that Tesla had booked 45GWh lithium iron phosphate batteries from CATL, mainly for Model 3 and Model Y models.

• Tesla
• lithium iron
• phosphate battery
• CATL

Yangzhou Chenhua New Materials Co., Ltd. issued "Announcement on Subsidiaries Affected by Enterprise Accidents in the Park" on November 1st

• Hydrogen Peroxide

Recently, the State Council issued the "Carbon Peaking Action Plan by 2030". The "Plan" puts forward the main targets for the proportion of non-fossil energy consumption

• Titanium Dioxide
• Wanhua
• carbon neutral

Recently, supply uncertainty has pushed up gas prices in Europe and has a knock-on effect on Asia. In addition, due to the impact of Hurricane Ida, the U.S. Gulf of Mexico oil production platform was closed, which also pushed up gas prices.

• petrochemical products
• crude oil

BASF (BASF) yesterday disclosed its results for the third quarter of this year: sales of 19.7 billion euros, an increase of 5.9 billion euros over the same period last year, an increase of 42%.

• tight logistics
• BASF
• Dow
• LG chem

Recently, Munich-based global leading multinational chemical group WACKER signed an agreement with Shandong Silicon Technology New Materials Co., Ltd.

• WACKER

China's hyaluronic acid industry has maintained a good growth rate, and Chinese companies have a relatively high market share. In January 2021, China approved hyaluronic acid to expand the scope of use.

• hyaluronic acid
• Hyaluronic acid food
• china cosmetics market

In order to further meet the market demand of container manufacturers for both environmentally friendly and high-performance coatings, Evonik has officially launched Anquamine® 469, a new water-based epoxy curing agent specially developed for container

• Evonik
• water-based paint
• container coating

On October 27, BASF and Entegris signed an agreement to sell the precision microchemistry business to Entegris for US$90 million.

• BASF
• microchemistry business

On the afternoon of October 18, the China Chemical New Materials Industry Base project was successfully signed at the Quanzhou Investment Promotion Conference in 2021.

• China chemical
• PO
• nylon 66

Recently, the State Council issued the "Carbon Peaking Action Plan by 2030". The plan proposes that carbon peaking runs through the entire process and all aspects of economic and social development, and focuses on the implementation of the "

• carbon peaking
• chemical industry