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 Shipping rates from China to other regions begin falling back to earth

Shipping rates from China to other regions begin falling back to earth

The cost of shipping goods from China to other regions has spiked in 2020, hitting record highs as a shortage of empty containers stemming. But the good news is that at the end of January 2021, we see the freight rates level has come down back.
2020 chemical raw material and product manufacturing profit growth by 20.9%

2020 chemical raw material and product manufacturing profit growth by 20.9%

On January 27, data released by the National Bureau of Statistics showed that the total profit of industrial enterprises above designated size nationwide in 2020 was 645.161 billion yuan, an increase of 4.1% over the previous year.
Hainan will build phenol/acetone/bisphenol A/PC equipment

Hainan will build phenol/acetone/bisphenol A/PC equipment

The construction of the project directly promotes the extension of the industrial chain of the Oriental Lingang Industrial Park to the downstream, which lays a solid foundation for the industrial park to build a complete industrial chain of methanol
The global refined oil market is difficult to pick up

The global refined oil market is difficult to pick up

Industry organizations generally believe that the recurrence of the new crown pneumonia epidemic will continue to be the main challenge facing the refined oil market. In the short term, the global demand for refined oil products will pick up very slowly.
Market risks and challenges faced by LNG imports

Market risks and challenges faced by LNG imports

Energy consulting company Wood Mackenzie predicts that my country's total liquefied natural gas (LNG) imports will reach 62.5 million tons in 2020, an increase of about 3% over 2019.
LNG import

2021-01-25

2020 China's titanium dioxide production/type proportion

2020 China's titanium dioxide production/type proportion

On January 20, the reporter learned from the Titanium Dioxide Sub-center of the Chemical Productivity Promotion Center and the Secretariat of the Titanium Dioxide Industry Technology Innovation Strategic Alliance.
The distribution status of domestic polypropylene production capacity in 2020

The distribution status of domestic polypropylene production capacity in 2020

The road to polypropylene capacity expansion in 2020 has not stopped. By the end of the year, a total of 3.8 million tons of new production capacity has been put into operation, which is a significant increase of 88.12% over last year.
Under the plastic restriction order, BDO and adipic acid win opportunities

Under the plastic restriction order, BDO and adipic acid win opportunities

On January 19, 2020, the National Development and Reform Commission and the Ministry of Ecology and Environment announced the "Opinions on Further Strengthening the Treatment of Plastic Pollution".
Which chemical materials are the development focus?

Which chemical materials are the development focus?

Recently, the China Petroleum and Chemical Industry Federation issued the "14th Five-Year Development Guidelines for Petroleum and Chemical Industry" (hereinafter referred to as the "Guide"), which clarified the seven main tasks of the
chemical materials

2021-01-21

PTA: Asian market faces oversupply

PTA: Asian market faces oversupply

Affected by the global spread of the new crown pneumonia epidemic, the plunge in crude oil prices and the global economic recession, the global chemical industry in 2020 has experienced an unprecedented hit
China's future technology development trends for high-performance polyolefins

China's future technology development trends for high-performance polyolefins

High-performance synthetic resin is a key basic material supporting the development of national strategic emerging industries such as advanced manufacturing, new energy, and electronic information.
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