Company Dynamic

Singapore's petrochemical exports in June fell by 16.7% year on year to Singapore dollars (S$) 1.24bn ($912m), weighing on overall non-oil domestic exports (NODX), official data showed on Wednesday.

• Singapore
• petrochemical

At the end of June, heavy rains frequently occurred in Jiangsu Province during the Meiyu season. In the weather forecast, the next few days in Rudong County, which is close to the Yellow Sea, will hardly see sunny days.

• shutdown

Administrative penalties amounted to 7.15 million yuan, 2501 exposures, 1115 notifications, 8549 interviews and 121 Party and government disciplinary sanctions were imposed.

• shutdown

However, the global distribution of products and businesses means that when global trade is under pressure, so is Basf.

• BASF

Documents require that sufficient time be allowed for units and personnel directly responsible for investigating and dealing with the rectification work.

• shutdown

German investor sentiment continued to decline in July as ongoing trade tensions and geopolitical uncertainties weigh on expectations, research institute ZEW said on Tuesday.

• investment

Germany’s Evonik expects the sale of its methacrylate business to US firm Advent International to be completed by 31 July, a source from the company confirmed on Tuesday.

• Evonik

Hurricane Barry made landfall on Saturday near Intracoastal City in the US state of Louisiana, threatening several petrochemical plants that are along the nearby Mississippi river.

• petrochemical

China's investment environment is becoming more and more free, attracting foreign investment in all fields.

• investment

From Abuse to Regular Use" caused industry shock, and the standardized use of auxiliary drugs became the focus of society. After several months, the first batch of national key drug surveillance catalogues were released to the outside world.

• drug
• list

INEOS is to develop a 750,000 tonne/year cumene plant in Marl, Germany, to be completed in 2021, the Switzerland-headquartered chemicals producer said on Thursday.

• INEOS

On July 1, Coty Inc. announced its strategic transformation plan. To increase profit margins, reduce leverage and enhance the competitiveness of the group, they plan to write down the group's assets by $3 billion.

• Coty

According to the latest news from foreign media, Wal-Mart has paid a huge price for e-commerce to catch up with Amazon, which has aroused dissatisfaction within the company.

• Walmart
• e-commerce

Beijing police said that they would continue to cooperate with market supervision and other departments to crack down on such prominent crimes as fake and inferior drinks, illegal addition of health food and false propaganda.

• food
• restaurant

The market supervision department said that they would encourage and guide the gradual increase of production capacity and the continuous expansion of scale.

• food
• standard

As the leader of the vitamin industry, the shutdown of BASF will cause the supply and demand of vitamin A products to a large extent.

• BASF

BASF shares were trading down on Tuesday morning after the German chemical major’s core business suffered “sharply weaker than expected” trading conditions in the second quarter, chemicals analysts said.

• BASF

For general environmental management problems found, it is required to establish reform, investigate and punish environmental violations of enterprises according to law.

• enterprise
• shutdown

The transformation and upgrading of Sinopec industry is entering a new stage, which requires us to constantly improve the ability of independent innovation, optimize the allocation of resources and industrial structure.

• petrochemical

It is reported that in March 2019, in the same area of Malaysia, more than 5,000 people were ill because of illegal dumping of toxic waste into rivers.

• chemical
• enterprise