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  • Acrylic \"Silver Ten\" Dream Difficulty

    2019-10-15

    Author: Zhao Shuling Source: China Chemical Industry News October 15, 2019 September acrylic acid chain average fell 2.26% compared with August, down 18.98 percent from a year earlier, \"Golden September \" already broken dreams.\"In the later period, with weak demand and sufficient supply, the acrylic market will continue to extend its weakness, and it is difficult to have bright spots, and the dream of\"Silver Ten\" is also difficult to achieve.\"\"Analyst Zhang Jindan of Jinlianchuang believes.   Sufficient market supply  Wang Chunming, general manager of Shandong Ruiyang Chemical Trading Co., Ltd., said that the main reason for the poor performance of the acrylic acid market is the sufficient market supply.  It is understood that the first-stage 60,000 tons/year of Shandong Hengzheng, 160,000 tons/year of Jiangsu Sanmu Taixing, and the 160,000-ton/year acrylic acid plant of Shanghai Huayi New Materials Co., Ltd. were put into production this year. In addition, Shandong Nuoer Acrylic Acid and Arginic Acid Plant products are gradually released to the domestic bulk market.  Industry insiders said that enter 10 Read More
  • Russia bans oil exports to Ukraine

    2019-05-12

    Source: Xinhuanet    April 19, 2019    Sinochem New Network News The Russian government website announced on the 18th that Russian Prime Minister Medvedev signed a government decision that day to prohibit the export of oil and petroleum products to Ukraine from that day. The    resolution pointed out that Russia imposed a ban on the export of petroleum and petroleum products to Ukraine. In addition, from June 1, this year, only with the permission of the Russian Ministry of Economic Development, some Russian oil, petroleum products and coal can be exported to Ukraine. The resolution takes effect on the day of its publication. On the same day, Medvedev also said through the media that in addition to prohibiting the export of petroleum and petroleum products to Ukraine, Russia will also ban the import of some products from Ukraine, including machinery manufacturing, light industry and metal processing products.  According to a recent report from the Russian “News”, the Ukrainian government decided to expand the list of bans on products imported from Russia. Medvedev said on the 18th that Uzbekistan has recently targeted Russia Read More
  • ExxonMobil expands synthetic base oil production capacity

    2019-09-13

    Source: China National Chemical News September 9, 2019 Recently, ExxonMobil announced that in order to meet customer needs, the company will significantly increase the production capacity of low-viscosity poly-α-olefin synthetic base oil and further enhance the reliability of the global supply chain network. .   Previously, ExxonMobil has significantly increased France's low-viscosity PAO production capacity, with a total plant capacity of 105,000 tons/year. In addition, to optimize the delivery of goods, the company upgraded and expanded its global supply chain and transportation system. Hesham Omar, Vice President of ExxonMobil's Synthetic Base Oil Division, said: \"Customers' demand for high-performance synthetic base oils is increasing, and their supply reliability requirements are also increasing. ExxonMobil will further Investing in production facilities and expanding supply chain capabilities enable us not only to maintain the leading position in the base oil industry, but also to enable our customers to achieve long-term goals in the process of developing their businesses.\" Read More
  • Argentina launches anti-dumping investigation on aluminum tubes in China

    2019-05-11

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-05-10 17:18 On May 7, 2019, the Ministry of Production and Labor of Argentina issued Announcement 2019/48, deciding to initiate an anti-dumping investigation on aluminum pipes imported from China and Brazil. The tax codes of the products involved in the case are: 76081000 and 76082090. The enterprise in question is required to complete the answer sheet in full according to the requirements of the investigation authority, and submit the questionnaire to the Afghan party within 30 days from the time the questionnaire is received. The answer sheet and relevant evidence must be translated into Spanish by a translator certified by the Azerbaijani State and certified by the Afghan Embassy or Consulate in China. The interested parties involved in the investigation should also attach certification documents that prove their eligibility for signing rights along with the materials. The Afghan Party requires that the products involved in the case enter the customs 60 days after the announcement of the case to provide proof of origin. For the announcement of the case registration, please refer to the following link: http:/ Read More
  • Kuwait’s largest refinery plan adjustment

    2019-09-12

    Source: China National Chemical News September 5, 2019 Honeywell Corporation announced that Kuwait Petroleum Industry Corporation has awarded Honeywell UOP with a reconfiguration contract for the refining and petrochemical parts of its Azul refinery.   The comprehensive facility of the readjustment plan will increase the output of fuel and petrochemicals, and Honeywell UOP will be responsible for revising the configuration and capacity of the gasoline production facility of the refinery. In addition, Honeywell UOP will provide technical authorization, design services, key equipment and the most advanced catalysts and adsorbents to meet the production needs of clean fuels, para-xylene, propylene and other petrochemical products. Jim Moshi, General Manager of Honeywell UOP Middle East, said: \"After the project is completed, it will become the largest integrated oil refining and petrochemical plant in Kuwait's history. In addition to aromatic hydrocarbons and propylene, it will also produce Euro V standard clean fuel, which will become The cornerstone of Kuwait’s Clean Fuel Initiative.\" Read More
  • 12 billion euros, China Chemical won the bid for the world's largest ethylene integration project

    2019-10-14

    Source: Sinochem New Network October 14, 2019 Sinochem New Network News October 11, China Chemical Engineering Group Co., Ltd. (China Chemical) Party Committee Secretary, Chairman Dai Hegen and Russia RusGasDobycha Company CEO Constantine •Mr. Konstantin Makhov (CEO Mr. Konstantin Makhov) signed a FEED+EPC general contract for the Baltic Chemical Complex (BCC) project in Russia in Chengdu, Sichuan. In an interview with reporters, Dai Hegen pointed out: \"Russian Baltic Chemical Complex (BCC) project has'the three most', it is the world's largest ethylene integration project, is currently the world's largest single contract project in the petrochemical field It is also the project with the largest amount of contracts signed by Chinese enterprises “going out”. The successful signing of the project was proposed by President of China Chemical Industry Internship Jin Ping. Read More
  • Aromatic polyester polyol market value increases steadily

    2019-09-11

    Source: China National Chemical News September 09, 2019 Recently, Persistence market research company (Persistence market Research) released the latest report predicts that by 2026, the global aromatic polyester polyol market will reach 1.5 billion US dollars, compound annual average The growth rate will reach 5.2%.  According to the application, the aromatic polyester polyol used to manufacture rigid foam is expected to account for most of the consumption, and the global market valuation at the end of 2017 has reached 1 billion US dollars. The promotion of energy-efficient buildings will also drive the growth of spray foam demand. The increase in the amount of plates and panels with pipeline insulation will benefit the polyurethane and polyisocyanate foam insulation packaging market, and will also have a positive impact on flexible foams, coatings, adhesives and sealants, and elastomers.   By region, North America and Europe are aromatic polyester polyols Read More
  • Total Guanghui signs long-term LNG purchase and sales agreement

    2019-05-10

    Source: China Chemical Industry News April 18, 2019 Sinochem New Network News (Reporter Sun Shubo) On April 3, Total and Guanghui International Natural Gas Trading Co., Ltd. signed a 10-year long-term purchase and sale of LNG protocol. According to the agreement, Total will supply 700,000 tons of LNG to Guanghui every year. The liquefied natural gas will be shipped to Guanghui’s LNG receiving station in Qidong, Jiangsu. \"We are very pleased to be able to establish a long-term cooperative relationship with Guanghui. Guanghui has a clear development goal and a strong development momentum in China’s LNG market. This new supply contract will expand Total’s The influence is fully in line with the Group’s development strategy. In 2018, China’s LNG market increased by more than 41%, and it will continue to be a key driving force for the development of the LNG market in the future. Read More
  • Brazil launches anti-dumping sunset review investigation on sodium acid pyrophosphate

    2019-09-10

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce Date: 2019-09-04 Recently, the Brazilian Foreign Trade Secretariat issued an announcement in the Federal Government Gazette, deciding to initiate an anti-dumping sunset review investigation on sodium acid pyrophosphate originating in China. The tax code for the products involved in the case is 28355920. Please refer to the following link for the announcement of the filing:   http: //www.in.gov.br/en/web/dou/-/circular-n-48-de-14-de-agosto-de-2019-210737323   The original complaint See the following link:   http://www.mdic.gov.br/images/REPOSITORIO/secex/decom/Peti? ? es/2019/8.SAPP-RFP/Peti Read More
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