Company Dynamic

Recently, Bosch (China) Investment Co., Ltd. issued a force majeure statement stating that suppliers have halted production on a large scale. DuPont, Solvay, LyondellBasell, Celanese, BASF, etc.

• Nippon
• Dulux
• paints

Recently, Allnex Group signed a contract with the Dushan Port Economic Development Zone and plans to invest 300 million US dollars to build a fully functional and internationally leading R&D and production base in the Dushan Port Area

• Allnex
• resin base

This year’s Huizhou government work report proposed to promote the comprehensive construction of a number of major petrochemical projects such as ExxonMobil Huizhou Ethylene Project

• PTA project

Recently, the acquisition battle between PPG and Finnish Tikkurila Coatings, which lasted for six months, has finally come to an end. PPG supplemented the tender offer document dated January 14, 2021

• DOW
• BP
• KCC

On March 12, 2021, Clariant, a specialty chemicals company focused on innovation, announced a global price increase in its product portfolio.

• Clariant
• pigment

On March 13, Elkem announced a global price increase for all its silicones. This is due to changes in market conditions and specialized investments to meet customer needs.

• Elkem
• Silicone price

On March 8, the Ning Ruiyang No. 7 liquid vessel successfully berthed to Hengyang Wharf and started pumping and loading. The Sino-Korea Petrochemical and Chemical Zone has been suspended for nearly a year, and the ethylene glycol water route has been rest

• Petrochemical
• Glycol

Wanhua Chemical Group Co., Ltd. is a globally operating chemical new material company, mainly engaged in the research and development, production and sales of a full range of polyurethane products, petrochemical products, functional materials, and special

• Wanhua chemical
• lithium battery

On March 10, Wanhua Chemical’s quotation sheet disclosed that the quotations of methyl acrylate in North China and East China were increased by RMB 1,000 per ton, and the quotations of products such as propylene oxide, n-butanol, and butyl acrylate

• Wanhua
• titanium dioxide

On the evening of March 11, 2021, Satellite Petrochemical issued an announcement stating that the company’s wholly-owned subsidiary Jiaxing Shantely Investment Co., Ltd.

• Satellite petrochemical
• EAA

Downstream demand and profit margins are good, propylene production companies have no inventory pressure, and shipments are smooth. It is expected that the mainstream market prices will remain stable at a high level......

• Wanhua
• isobutylene
• N-butanol
• Acrylic

On March 10, Bloomage Biotech and Jinan High-tech Industrial Development Zone Management Committee formally signed a strategic cooperation agreement to jointly build the "World Hyaluronic Acid Valley".

• Bloomage Biotech
• hyaluronic acid

On March 3, when the National "Two Sessions" were about to be held, through the joint efforts of Yangzi Petrochemical and all participating units

• Petrochemical
• EVA

90% clethodim technical rose 5,000 yuan to 115,000 CNY/ton; 97% cyhalofop technical rose 5,000 yuan to 150,000 CNY/ton; 96% bispyrifen technical rose 20,000 yuan to 340,000 CNY/ton Ton.

• cyhalofop-butyl
• thiamethoxam
• bispyrifen
• drug

On March 9, 2021, specialty chemicals company LANXESS announced an increase in the global price of 1,6-hexanediol (HDO) by 800 euros per metric ton. The price adjustment will take effect immediately.

• LANXESS
• hexanediol

Under the background of rising global demand for lithium batteries, the expansion in the field of supporting materials has been urgent.

• lithium battery materials

On March 5, BASF issued a force majeure statement: due to a fire in the northern plant area of BASF’s Ludwigshafen plant on March 3, the leakage of hydrogen

Dow’s silicone business announced that it will increase its silicone high-performance construction products from March 20.

• silicone price
• silicone rubber

Recently, DSM took the lead in launching a new vegan fish flavor edible flavor solution (Maximor Fish YE), which is allergen-free and extracted from algae oil.

• algae oil
• fish flavor

On March 2, Dow signed a memorandum with the Management Committee of Zhanjiang Economic and Technological Development Zone, planning to establish a South China specialty chemical manufacturing base

• manufacturing base
• specialty chemicals
• Dow