Company Dynamic

Sinopec Baling Petrochemical Co., Ltd. 20,000 tons/year one-step solid resin plant and epichlorohydrin plant production increase and emission reduction technological transformation project was approved by the environmental review.

• Baling petrochemical
• Epoxy Resin
• epichlorohydrin

According to Nikkei News, Japan’s Toshiba will close a factory in Dalian, China at the end of September this year.

• Toshiba

PPG (NYSE: PPG) recently announced that its award-winning PPG Sigma Sailadvance antifouling paint family has added a new member-SIGMA SAILADVANCETM NX antifouling paint

• PPG
• antifouling paint

Recently, Baosteel Co., Ltd. and Saudi Aramco signed a memorandum of understanding to jointly build a world-class full-process heavy plate plant in Saudi Arabia

• Saudi Aramco

On September 17, Japanese semiconductor material manufacturer JSR announced that it has signed an agreement to acquire US semiconductor material manufacturer Inpria Corp for US$514 million (approximately RMB 2.446 billion).

• JSR
• photoresist company

Last week, Givaudan, the Swiss flavor and fragrance giant, released two major news one after another, both of which involved the company's cooperation with other companies in the development and production of fermentation raw materials.

• Givaudan
• microbial
• fermented raw material

On September 17, the 26,000-ton/year high-performance organic fluorine material project of Sinochem South Sichuan New Material Industrial Base of Sinochem started construction in Yantan District, Zigong City

• investment
• organic fluorine
• Sinochem

On September 15, the US nitrogen fertilizer giant CF Industry issued a statement that due to high natural gas prices, the company will cease operations at its plants in Billingham and Ince, UK.

• CF industry
• nitrogen fertilizer

On September 16, BASF and CATL announced the establishment of a strategic partnership in the field of battery material solutions.

• BASF
• CATL
• strategy cooperation

Ningde Times issued an announcement on the evening of September 13 that it plans to invest in the construction of a new-type lithium battery production base (Yichun) project in Yichun City, Jiangxi Province.

• Ningde
• investment

On September 13, the US "Chemical Weekly" released the latest billion-dollar club rankings of global chemical companies. In terms of sales revenue in 2020, BASF continues to top the list, Sinopec still ranks second, and Dow Chemical ranks third.

• company ranking
• global chemical
• BASF

On September 10, Cangzhou City held a concentrated start-up of key projects in the third quarter of 2021, and a branch venue was set up in Bohai New District.

• bisphenol A

Recently, Haifengxin Chemical, Titanium Technology, Longbai Group, China Nuclear Titanium Dioxide and other companies issued titanium dioxide price increases.

• Titanium Dioxide
• price fluctuation

Recently, Sumitomo Chemical announced that it will stop the production of 40,000 tons/year of synthetic rubber ethylene propylene rubber (EPDM) at its Chiba plant, and terminate sales of this product at the end of March 2023.

• Sumitomo chemical
• rubber business

On September 10, the 200,000-ton/year bisphenol A project of Guangxi Huayi New Materials, which was EPC general contracted by Saiding Company, held a framework capping ceremony for the production area

• bisphenol A
• chemical project

Since September, bisphenol A has been in a state of sideways consolidation after rising.

• bisphenol A

Recently, Wanhua Chemical announced that the company's own intellectual property rights POE products have completed the pilot test.

• Wanhua
• POE pilot test

The domestic PC market has been cautious in the near term, and the market is mainly weak in a narrow range.

• PC
• PC forecast

This means that Covestro has the ability to supply high-performance polycarbonate plastics made of alternative raw materials and polyurethane raw material diphenylmethane diisocyanate (MDI) in large quantities to customers in the Asia-Pacific region.

• Covestro
• ISCC plus
• Sustainability

On September 3, BASF issued a price increase letter again, stating that it would increase the price of its polyurethane business from October 1st by an increase of US$0.11 per pound

• BASF
• MDI
• glycerol
• epoxy