Source: Trade Remedy and Investigation Bureau, Ministry of Commerce, 2019-05-20 15:185. On May 15, the Gulf Cooperation Council’s Technical Secretary Bureau for Anti-International Trade Damage Act issued the \"Official Gazette\" to make a final decision on the case of safeguard measures for imported cement additives Decided to levy taxes on imports exceeding the annual quota of 250,354 tons, the measures will be implemented from June 21, 2019. The tax number of the product involved is 3,824,4000, and the tax range is USD 221/ton in the first year, USD 199/ton in the second year, and USD 177/ton in the third year. The GCC member countries include: UAE, Oman, Bahrain, Qatar Kuwait, Saudi Arabia. For details, please contact the China Minmetals Chemicals Import and Export Chamber of Commerce, Tel: 010-85692781, Fax: 010-65882821. Read More

Author: Rao Xinghe Source: China Chemical Industry News October 14, 2019 Sinochem new network news Recently, South Korea's LG Chemical Company and the United States ADM announced that they will jointly develop biological process for industrial acrylic economy. According to a statement from both parties, LG Chem plans to build a biological high-performance water-absorbing resin (SAP) plant in North America and explore more bioplastics business opportunities.　　According to the terms of the agreement, ADM and LG Chemicals will work together to produce 100% bio-based acrylic acid from ADM corn processing raw materials to achieve economically feasible commercial production. Acrylic acid is usually produced from propylene, while bio-based acrylic acid is produced from corn syrup. As customers increasingly focus on sustainable alternative energy sources, ADM hopes to continue to push the limits and find new ways to diversify its product portfolio. ADM Chief Technology Officer ToddWerpy said: \"Through LG Read More

Article source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-05-20 Recently, Egypt initiated an anti-dumping investigation on sulfonated naphthalene sulphonate (SNF) products originating or imported from China and Russia. . For details, please contact the China Minmetals Chemicals Import and Export Chamber of Commerce, Tel: 010-85692781, Fax: 010-65882821. Read More

Source: China National Chemical News, September 23, 2019, Moody’s Investor Services reduced the outlook of the chemical industry from \"stable\" to \"negative\", which means they believe that the chemical industry’s operating status and credit quality Will continue to deteriorate.　　The agency pointed out that the weak manufacturing industry, the huge risks of the European economic recession and cyclical weakness are the root causes of the negative outlook of the chemical industry. The output and popularity of manufacturing products in the United States, Europe and China have continued to decline. The Sino-US trade conflict plays a key role in the difficult manufacturing environment. \"Tariffs are still the center of global manufacturing pressure and macro uncertainty,\" Moody’s said.　　 reports that it is expected that the profit before interest, tax, depreciation and amortization of chemical companies will fall by 5% to 9% this year, which will be roughly the same in 2020. Moody’s Senior Vice President Joseph Princita said that the negative outlook reflects weak global manufacturing and continued decline in European chemical production Read More

Author: Wen Jin Source: China Chemical Industry News October 2019 hearing before the 14 Japan new network, as construction of national petrochemical industry base in Tianjin's leading projects, sand Sinopec Tianjin one million tons ethylene project car for the first time in 10 years Capacity expansion transformation. At present, the project has started construction and is expected to be completed and put into operation in April 2021. By then, the project's production capacity will reach 1.3 million tons per year, and the production capacity of a single set of equipment will also be at the forefront of similar domestic projects. The 1.3 million ton/year ethylene capacity expansion and transformation project includes the construction of a new 200,000 ton/young oil cracking furnace, the addition of cold boxes, the reformation of cracked gas compressors, propylene compressors and binary refrigeration compressors, and the replacement of ethylene and propylene rectification towers Inside the tower, three sets of 2000 cubic meters of ethylene spherical tanks, one set of 1500 cubic meters of ethylene low-temperature storage tank and low-temperature ethylene loading system, new high-pressure fire pumping station, circulating water cooling tower and circulating water pump were newly built. The raw materials of the project can be supported Read More

Source: Xinhuanet. September 26, 2019. On September 11, Argentina’s Ministry of Agriculture, Fisheries and Fisheries announced that Argentina and China had reached an agreement to allow Argentina’s soybean meal to be imported into China. This was achieved for the world’s largest soybean meal exporter and largest soybean meal consumer. Direct docking laid the foundation. It is reported that China and Argentina signed the \"Protocol of the General Administration of Customs of the People's Republic of China and the Ministry of Agriculture, Animal Husbandry and Fisheries of the Republic of Argentina on the Sanitary and Phytosanitary Requirements for Argentine Soybean Meal Exported to China\" on the 10th. Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce, 2019-05-17 14:16 The Mexican Ministry of Economy issued an announcement on May 16, 2019 to initiate an anti-dumping sunset review investigation on synthetic fiber blankets of Chinese origin. 63014001 and 94049099. The dumping investigation period of this case is from January 1, 2018 to December 31, 2018, and the damage investigation period is from January 1, 2014 to December 31, 2018. All interested parties are required to submit the completed answer sheets, comments and relevant evidence according to the requirements of the investigating authority before 14:00 on the 28th working day after the announcement. During the review investigation, the original anti-dumping measures were still effective. The questionnaire can be downloaded from the website of the Ministry of Economy (http://www.gob.mx/se/acciones-y-programas/indust Read More

Source: China National Chemical Corporation September 23, 2019 Denka Corporation, a Japanese comprehensive chemical manufacturer, announced that with the large-screen LCD TVs and monitors, the market for MS resin (methyl methacrylate-styrene copolymer ) Demand has expanded dramatically. To this end, Dianhua decided to invest 2.7 billion yen to expand the production capacity of MS resin in Singapore.　　According to the investment plan, they will transform the polystyrene production line of Seraya factory of Electrification Singapore Company, stop production of polystyrene, and change to MS resin production line. Through technological transformation, its annual production capacity of MS resin will be increased from the current 70,000 tons to 140,000 tons. The transformation of the production line is expected to be completed and put into production within 1 to 6 months in 2021, and the products are sold to the Asia-Pacific region. After the transformation, the company will completely withdraw from the production of polystyrene in Singapore. Read More

Author: Shaw Source: China Chemical Industry News October 08, 2019 hearing before Japan new network, the latest report of AMI Consulting's \"2019 European polymer demand\" shows that 2023 years ago, the European polymer demand grow at an annual 1.5 % Growth rate.　　The European Commission’s goal is to make all packaging plastics recyclable by 2030 and require the industry to take the lead voluntarily. In addition, in March 2019, the European Parliament signed a bill prohibiting the use of disposable plastic products such as plates, cutlery, straws and cotton swabs. The ban will take effect in 2021. By 2025, plastic bottles must also contain at least 25% recyclable ingredients, and by 2030 the proportion of recyclable ingredients will reach 30%. Whether through legislation or due to consumer pressure, the packaging industry will face major adjustments in the coming years.　　In addition to the packaging industry, other plastic terminal applications are unique Read More