Source: China Chemical Industry News April 04, 2019 Plastic recycling industry welcomes Dongfeng Sinochem New Network News On March 27, the European Parliament voted to pass a ban on plastic products, starting from 2021 to completely ban disposable plastic products, to Control environmental pollution caused by plastic waste. This resolution will help the European Union reduce disposable plastic products and related consumption, while encouraging plastics production and processing companies to innovate recycling technologies and develop more complete products.　　The European Parliament passed the bill with an overwhelming majority of 560 votes, 35 votes against and 28 abstentions. The bill expressly prohibits the use of 10 items of disposable plastic products, such as disposable tableware, food bags, straws, beverage cups, and bottles (a plastic bottle). The European Union said that disposable tableware will not be banned, but Member States are encouraged to gradually reduce the use of plastic packaging and adopt stricter labeling rules.　　 except one Read More

Source: China Chemical Industry News April 04, 2019 　　 Sinochem New Network News From April 1, Dow Chemical was divested from Dow DuPont and became an independent listed company again. It has been 19 months since its merger with DuPont. Compared with the old Dow Chemicals, New Dow Chemicals has a narrower business scope. New Dow Chemicals includes 3 business units, including performance and specialty plastics business, as well as performance materials and coatings business, as well as industrial intermediates and infrastructure business . The performance and specialty plastics business mainly produces polyethylene (PE), elastomers, copolymers and adhesives from olefins; the performance materials and coatings business is based on acrylic resins, cellulose and silicone resin chemicals; industrial intermediates and infrastructure business Including polyurethane industry chain and derivatives and other intermediates based on ethylene oxide (EO).　　 Dow Chemical said that the core terminal market will grow faster than GDP Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-04-09 On April 5, 2019, the Mexican Ministry of Economy issued an announcement to initiate an anti-dumping investigation on stainless steel cold-rolled steel plates of Chinese origin. The Mohai tariff numbers of the products involved are: 7219.34.01, 7219.35.01, 7220.20.02, 9802.00.01, 9802.00.02, 9802.00.03, 9802.00.07, 9802.00.10, 9802.00.13 and 9802.00.19. The dumping investigation period of this case is from October 1, 2017 to September 30, 2018, and the damage investigation period is from October 1, 2015 to September 30, 2018. All interested parties are required to submit answer sheets, comments and relevant evidence materials that are completely filled out according to the requirements of the investigating agency within 23 working days Read More

Source: Trade Remedy and Investigation Bureau of the Ministry of Commerce. On April 2, 2019, according to WTO notifications, Egypt imported semi-finished products of iron or non-alloy steel and steel bars (rebars, rods, coils) used for construction purposes. products of iron or non-alloy steel and Steel rebar (bars, rod and coils) for construction purposes] initiated a safeguard measure investigation, and the product tax numbers involved were 7207, 7213 and 7214. For details, please contact China Iron and Steel Association, Tel: 010-58280856, Fax: 010-58280850. Read More

Source: China Chemical News April 04, 2019 　　 Xinhua News Agency The German Chemical Industry Association (VCI) recently announced in its latest quarterly report that the German chemical and pharmaceutical industry performed weakly in the fourth quarter of last year. Declining demand for chemicals from industrial customers in Germany and other parts of Europe has forced chemical companies to restrict production, especially the slowdown in the pharmaceutical industry. Although the sales price rose slightly, it was still insufficient to compensate for the decline in production. The sales price of chemicals in the fourth quarter of 2018 increased by 2.7% year-on-year, but only increased by 0.4% compared with the previous quarter. Although German chemical sales increased by only 0.4% year-on-year in the fourth quarter of 2018, they fell 3.1% compared to the previous quarter to 46.5 billion euros. Vtz Director General Utz Tillmann said: \"The prospects for the chemical and pharmaceutical industries are not as optimistic as they were at the beginning of last year.\" Read More

Source: China Trade News Network August 16, 2019 This year's tax reform has brought additional income of 4.442 billion Cordoba (about US$135 million) to the Ortega government of Nicaragua. The Ortega government will exempt the original tax 16 kinds of commodities are subject to import duties. Among them, 13 commodities will be levied a 15% tariff on the price of imported products, 2 commodities will be levied a 10% tariff, and the remaining 1 commodities will be levied a 5% tariff. Involved commodities include canned sardines, soup soup, body deodorant and deodorant, flashlight, toothbrush, plastic gloves, rubber gloves, masks, refined peanut oil, refined olive oil, refined sunflower oil, refined cotton oil, refined cocoa butter , Refined almond oil and refined corn oil.　　Nicaragua’s import tariff rate is between 5% and 15%. Since 2008 and 2009, the government of the country has implemented different levels of Read More

Source: SINOCHEM, April 3, 2019, SINOCHEM News Dow DuPont announced that it has completed the spin-off of the materials science department through the separation of Dow. Dow began trading on the \"NYSE\" stock symbol \"Regular\" on April 2. As of March 21, 2019, the ratio of Dow common stock held by Dow DuPont common stock shareholders to the Dow common stock held by them is 1 to 3. Dow DuPont’s common stock shareholders will also receive cash to replace some of Dow’s common stock.　　Through the proposed issuance of all common shares of its wholly-owned subsidiary Corteva, Inc., Dow DuPont is still expected to complete the previously announced separation of its agricultural department (Corteva Agriscience) on June 1, 2019. After distribution in Corteva, Dow DuPont will retain its professional product division and rename it Read More

Source: Sinochem New Network April 3, 2019 　　 Sinochem New Network News 　 A chemical plant in Texas, USA, suffered a fire on the 2nd, resulting in 1 death and 3 injuries.　　The incident plant is located in Crosby, about 40 kilometers northeast of Houston, the fourth largest city in the United States. Local police said on social media that a leak of isobutene stored in a chemical plant caused a fire, which subsequently spread in the chemical plant.　　The chemical plant issued a statement on the day that the accident had caused 1 death and 3 injuries, two of which were seriously injured.　　 After the incident, the police blocked the road to the chemical plant, requiring all personnel within 1.6 kilometers around the plant to stay indoors. After more than 5 hours of intense work, the fire was extinguished. At present, relevant departments are still closely monitoring the local and surrounding air quality.　　On March 17, a petrochemical storage facility in southeast Houston caught fire. The fire continued for many days, causing local air pollution and the school was suspended. Read More

Information source: Xinhua News Agency Time: 2019-08-15　2019\"Belt and Road\" and China-Chile trade cooperation theme meeting was held on the 12th in Santiago, Chile. China-Chile officials and entrepreneurs discussed the construction of the \"Belt and Road\" Promote bilateral economic and trade cooperation to a new level.　　This theme meeting is jointly hosted by the Chilean Chinese Enterprise Association and the Chi-Cham Chamber of Commerce. Chile’s Special Envoy for Asia-Pacific Affairs and former President Eduardo Frei said in his speech that Chile needs the “Belt and Road Initiative” to improve the telecommunications infrastructure, and hopes that exchanges and cooperation at the local government level in Chile and China will further increase and strengthen the Technology cooperation. Chile’s Speaker of the House Ivan Flores said that the exchanges between the parliaments of Chile and China have increased the content of science and technology and culture on the political and economic basis, enriching the connotation of bilateral cooperation, which means that the two countries are building more mature, New and more strategic relationship.　　 Chile’s Minister of Agriculture Walker said that Chile’s Read More