Company Dynamic

Yesterday (22nd) morning, black products once again became the "main force" in the futures market. Thermal coal rose nearly 5%, coking coal rose 2.86%, hot roll rose 2.73%, and coke rose 1.85%.

• chemical raw material
• bisphenol A
• Propylene glycol

A few days ago, the first set of 300,000 tons/year PTA unit of Yangzi Petrochemical Plant in Nanjing Jiangbei New Material Science and Technology Park officially entered the dismantling stage.

• Yangzi petrochemical
• PTA plant

• chemical company
• BASF
• Dow

After more than two years of construction, on the afternoon of April 18, Tianjin Petrochemical's product structure adjustment and oil quality upgrading and transformation supporting project - a 200,000-ton/year polypropylene plant successfully started up

• Tianjin Petrochemical
• polypropylene plant

Domestic demand is gradually recovering, exports are also showing a trend of increasing volume, and the acrylic ester market is rising moderately.

• Butyl Acrylate
• Acrylic
• N-butanol

On April 12, Nova Chemical stated that the company’s second polyethylene (PE) plant using Advanced SCLAIRTECH technology (AST) and the third phase of the Correna cracker expansion project had completed 65%.

• Nova chemical
• PE plant

Recently, BASF's new acrylic dispersion production line in Gudan, Brazil, was officially put into operation, doubling its production capacity.

• BASF
• acrylic dispersion

On April 17, the groundbreaking ceremony of the Sinochem ABS modified material project was officially launched. Liu Hongsheng, Secretary of the Party Committee and President of the Chemical Business Department of Sinochem Group

• Sinochem
• ABS project

Due to the expectation of maintenance of some butanol plants, the downstream replenishment is concentrated, and the trading atmosphere is good. It is expected that the market outlook will be high and the price will be adjusted.

• wanhua chemical
• n-butanol

BP is formed by the integration and reorganization of former BP, Amoco, Arco and Castrol companies. It is one of the largest petroleum and petrochemical group companies in the world.

• chemical giants

On April 14, CNOOC Petroleum Refining & Chemical Co., Ltd., a wholly-owned subsidiary of China National Offshore Oil Corporation, and Shell Nanhai Private Co., Ltd.

• CNOOC
• Shell
• styrene
• propylene oxide

Recently, major listed chemical companies in the world have announced their 2020 annual results. This article collates the financial reports of 46 large chemical companies.

• global chemical comapny

Raw materials rebounded strongly, the market mentality was being restored, and the industrial chain inventory was low.

• isobutylene
• Acrylic
• neopentyl glycol

On the evening of April 7, 2021, Bohai Chemical announced that the company disclosed the "Announcement on the Routine Shutdown and Maintenance of the PDH Plant of a Wholly-owned Subsidiary of Tianjin Bohai Chemical Co.

• PDH production
• china chemical industry

Recently, a new material project with an annual output of 100,000 tons, the "Methyl Methacrylate (MMA) Industrialization Project", landed in Panjin.

• MMA project

Recently, Merck Group launched RonaCare® Balmance (INCI: maltodextrin, cornflower extract), a natural active ingredient that can quickly restore the harmonious state of the skin, and can provide short-term relief and long-term soothing effects.

• skin immune
• active ingredients
• cornflower extract

Recently, Lotte Chemical of South Korea announced that it has signed an agreement with Samsung Engineering to promote carbon neutrality and expand its environmental protection business.

• Lotte chemical
• carbon neutral

Recently, Eastman announced that the company will invest in upgrading its interlayer film extrusion line in Massachusetts, USA, and expand the production capacity of the interlayer film business.

• Eastman
• interlayer film
• PVB

Recently, the leading titanium dioxide company Lomon Baili issued a price adjustment letter stating that starting from today (11th), the sales price of various types of titanium dioxide will be increased by 1,000 CNY/ton for domestic customers and 150

• Titanium Dioxide
• epoxy
• bisphenol A

At present, it is difficult for the PE industry chain to transmit high costs downstream, and plastic futures prices are stagnating. Even if there are more overhauls in recent production companies, plastic futures are difficult to change.

• factory overhaul
• Plastics