Source: China National Chemical News March 28, 2019 Recently, a total of about 20 tons of pyrolysis gasoline second-stage hydrogenation catalysts (LY-9702, LY-9802) developed by the China Petroleum and Chemical Research Institute were officially launched, and will be shipped from Tianjin Port Go to the Kstovo factory in Sibur, Russia. This indicates that CNPC cracked gasoline hydrogenation catalyst has achieved zero breakthrough in overseas promotion. In the international bidding at the end of 2018, the pyrolysis gasoline two-stage hydrogenation catalyst (LY-9702, LY-9802) developed by CNPC Petroleum and Chemical Research Institute beat Shell, Axons, Klein and many other international Competing products from well-known catalyst suppliers successfully won the bid for the cracking gasoline hydrogenation unit of Russia’s SIBUR.　　Sibul is the largest oil and gas chemical company in Russia and a leader in the petrochemical industry in Eastern Europe. Its business scope involves the entire petrochemical processing industry Read More

Source: Ministry of Commerce website August 05, 2019 Otas News Agency reported on July 15, according to Russian Ministry of Finance information, from August 1, 2019, Russian oil export tariffs will be reduced by 6.2 US dollars to 94.1 US dollars per ton. Currently, Russian oil export tariffs are 100.3 US dollars per ton. Among them, the export tariff of high viscosity oil will be reduced from 10 US dollars per ton to 9.4 US dollars. Tariffs for light oil products and lubricants will be reduced to USD 28.2 per ton, and tariffs for heavy oils will be reduced to USD 94.1 per ton. The export tariff for commercial gasoline will be reduced to US$28.2 per ton, and straight-run gasoline will be reduced to US$51.7 per ton. Between June 15 and July 14, 2019, the average price of Ural oil was US$63.31 per barrel (US$462.1 per ton). Read More

Source: China Chemical Industry News August 12, 2019 The US Federal Trade Commission announced a lawsuit to prevent Evonik from acquiring PeroxyChem, a global specialty peroxide producer. In this regard, Evonik said it will actively respond to the lawsuit.　　According to reports, at the end of 2018, Evonik signed an agreement with One Equity Partners to acquire US PeroxyChem for US$625 million. The acquisition plan is completed in mid-2019. But given that the Federal Trade Commission has filed a lawsuit, the acquisition can only be completed by the end of 2019 at the earliest. Kuroman, chairman of Evonik, said: \"It is disappointing that the Federal Trade Commission has taken action to restrict the acquisition. Currently, the competition in the hydrogen peroxide industry is extremely fierce. PeroxyChem is geared towards highly attractive and fast-growing In the end market, its products complement Evonik’s product portfolio Read More

Source: Trade Remedy and Investigation Bureau of the Ministry of Commerce 2019-03-28 On March 25, 2019, the US Mohawk Industries, IVC and Luxembourg Flooring Industries, in accordance with Section 337 of the US Customs Tariff Act 1930, traded internationally The Committee (ITC) filed an application alleging infringement of its patent rights to the plastic flooring and components (Certain Luxury Vinyl Tile and Components Thereof) exported to, imported from or sold in the United States, requesting the ITC to initiate a 337 investigation and issuing a general exclusion order And prohibition orders. 19 Chinese enterprises including Changzhou Jinuo Decoration Materials Co., Ltd., Zhejiang Jingmei Building Material Technology Co., Ltd., Anhui Hanhua Building Material Technology Co., Ltd. were listed as the respondent. Read More

Source: Trade Remedy and Investigation Bureau of the Ministry of Commerce 2019-03-27 13:5 On March 20, 2019, the United States Style Pantry Company submitted to the United States International Trade Commission (ITC) in accordance with Section 337 of the \"U.S. Tariff Act 1930\" Application, accused of infringing its copyrights on women’s fashion dresses (Certain Female Fashion Dresses, Jumpsuits, Maxi Skirts, & Accoutrements) exported to, imported from, and sold in the United States, requesting ITC to initiate a 337 investigation and issuing a general exclusion order or limited exclusion Order and prohibition order. Third-party sellers and partners of Amazon.com, such as Jiaxing Xunyun Import and Export Co., Ltd., are listed as the respondent. Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-03-15 On March 4, 2019, the US LILLEbaby filed an application with the US International Trade Commission (ITC) in accordance with Section 337 of the US Customs Tariff Act 1930, accusing it of Certain Child Carriers and Components Thereof of US exports, imports and sales in the United States violated its patent rights, requested ITC to initiate a 337 investigation, and issued general exclusion orders or limited exclusion orders and prohibition orders. Six Chinese enterprises including Wuxi Kangguorui Trading Co., Ltd. and Quanzhou Mingrui Luggage Co., Ltd. were listed as the respondent. Read More

Source: China National Chemical News February 14, 2019 　　 Xinhua News Agency In 2018, Vietnam's rubber exports reached approximately 1.58 million tons, with exports and exports increasing by 14.5% and 6.6% year-on-year respectively. However, due to the declining purchasing power of the Chinese market, the country’s rubber exports will slow in the first quarter of 2019. Rubber export prices fell by 18% year-on-year to US$1335/ton.　　 Secretary General of the Vietnam Rubber Association Wu Huangying said that in recent years, the rubber industry has been regarded as a key industry for Vietnam's economic development. Although it still faces many difficulties, the export volume of the three main products of natural rubber, rubber products and rubber wood has been increasing. He said that in 2017, rubber industry exports reached US$6.4 billion, a year-on-year increase of 32.9%, and accounted for 3% of the national export value of US$215.12 billion. This is a gratifying result, laying the foundation for the Vietnam rubber industry to continue to achieve growth in the next stage. But in order to achieve Read More

Source: China Chemical News February 14, 2019 　　 Sinochem New Network News BASF Europe has signed a memorandum of understanding with the Adani Group of India to evaluate the value chain of co-investment in acrylic acid. This will be BASF's largest investment project in India, located in the port of Mondela, Gujarat. The project feasibility study will be completed by the end of 2019.　　According to the memorandum of understanding, BASF and Adani are considering the establishment of a joint venture company with a total investment of 2 billion euros. BASF will hold a controlling stake. This potential investment project includes the development, construction, and operation of production facilities, including propane dehydrogenation (PDH) plants, butanol units, refined acrylic acid, butyl acrylate, and other downstream products.　　 These products are mainly used to meet the local market demand in India, involving construction, automotive and paint industries. The new demand in these industries currently mainly depends on imports, the project will provide for the \"Made in India\" initiative Read More

Source: China National Chemical News August 5, 2019 Honeywell 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 the Kuwait Clean Fuel Initiative. Read More