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  • South Africa (on behalf of the Southern African Customs Union-SACU) initiates safeguard measures investigation on imported screw and bolt products

    2019-03-06

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-03-05 14:21 March 1, South Africa International Trade Commission (on behalf of the Southern African Customs Union-SACU, member countries include Namibia, South Africa, Lesotho, Swaziland and Botswana ) Announcement to launch safeguard measures for imported screwed bolts of iron or steel: bolt ends & screw studs, screw studding, and other hexagon nuts of iron or steel (excluding those of stainlesssteel and those identifiable for aircraft) Read More
  • Colombia finalizes no tax on anti-dumping investigation against citric acid in China

    2019-03-06

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-03-04  On February 28, 2019, the Colombian Ministry of Trade, Industry and Tourism issued Decree No. 026 of 2019, deciding on citric acid originating in China ) The final ruling on anti-dumping investigation is not taxable. Read More
  • ACC: US-UK trade agreement will benefit chemical producers

    2019-03-04

    Source: China Chemical Industry News February 14, 2019 Sinochem New Network The American Chemical Industry Council (ACC) recently said that the UK will withdraw from the EU on March 29, after which the UK is eligible to negotiate trade agreements with non-EU member states . The US and UK governments will sign a free trade agreement as soon as possible after Brexit, saving a lot of money for US and UK chemical manufacturers. Ed Brzytwa, ACC’s head of international trade, said: \"Free trade agreements can eliminate US tariffs on chemicals imported from the UK, saving US chemical manufacturers $88 million a year. Similarly, the UK’s tariffs on chemicals imported from the US It can reduce the payment of tariffs by 84 million U.S. dollars. The cost savings from the removal of tariffs will help promote economic and employment growth.\"  ACC estimates that the total value of the Anglo-American chemical trade in 2017 was 5.7 billion U.S. Read More
  • Goodyear Chemical expands dicyclopentadiene production

    2019-07-25

    Source: China National Chemical News July 11, 2019. Goodyear Chemical Company announced that its chemical plant in Beaumont, Texas, has completed its global scale ultra-high purity dicyclopentadiene (UHP-DCPD) recovery unit To go to the bottleneck.  The DCPD concentration unit was completed at the end of 2016, and can purify DCPD to a level above 99%. The Goodyear Beaumont plant has been refining C5 crude oil into high-purity isoprene monomer, piperene and DCPD since the 1970s.  Ultra-high purity DCPD is used in the manufacture of reactive injection molded poly DCPD tractor panels, hoods, fenders and air deflectors. It can also be used to produce specialty chemicals, such as time-release fertilizer coatings, thermosetting circuit boards, washing powder fragrances and antioxidants. UH-DCPD can also be used to manufacture EPDM and diene monomer in EPDM Read More
  • Asian soda market pressure

    2019-07-24

    Source: China National Chemical News July 11, 2019 The soda ash market in Asia is expected to continue to be dragged down by China's ample supply, and the market outlook is still not optimistic. In July, the quotation of heavy soda ash fell to US$240/ton (FOB, China), while the quotation of light soda ash was US$230-235/ton, which was about US$20/ton lower than the price shipped in June. Although the price of soda ash in Asia has fallen to its lowest point since February and March 2018, market sentiment is still sluggish and liquidity is still weak.  After the shutdown and overhaul of the device, the production of soda ash in China continues to rise. Tangshan Sanyou Chemical's 3.3 million ton/year soda ash plant will increase its operating rate this month to achieve full production. Previously, due to maintenance work, the plant reduced production for two consecutive months. In addition, Shandong Haihua will increase production in July. Lianyungang Alkali Industry Co., Ltd. 1.3 million tons/year soda ash plant will be at full capacity in September this year. Read More
  • The economic situation is gradually improving, the Latin American chemical industry may be improving

    2019-03-04

    Source: China Chemical Industry News February 14, 2019 With the gradual improvement of the economic situation and the continuous growth of the middle class team, the Latin American chemical industry, which has not been prosperous in recent years, may see improvement this year. The International Monetary Fund (IMF) recently released \"World Economic Outlook\" shows that the overall economic growth rate of Latin America in 2019 is expected to reach 2.2%, and the growth rate in 2018 is 1.2%; of which Brazil's growth rate is expected to be 2.4% this year, last year's growth rate is 1.4%; Mexico’s growth rate is expected to be 2.5% this year and 2.2% last year; Argentina’s economic downturn is expected to slow down, from a 2.6% decline last year to 1.6%.  Brazil is trying to get out of the recession after peaking in 2015 and 2016. Jo?o Luiz Zu?eda, founding partner of MaxiQuim, a Brazilian chemical consulting group, said that Brazil’s stock market performed better Read More
  • India's HMEL will build polyethylene and polypropylene plants in 2021

    2019-03-02

    Source: China Petrochemical News Network February 13, 2019 Sinochem New Network News: February 12 It is reported that a source in India's HPCL-Mittal Energy Co., Ltd. (HMEL) said on Tuesday that the company will be in 2021 Bhatinda newly built a 450,000-ton/year high-density polyethylene plant and a 500,000-ton/year polypropylene plant to meet the needs of 1.2 million-ton/year steam cracking projects.   The company currently has 440,000 tons/year PP plant at the same location.   market sources welcome this news, because India's polymer net deficit is growing.  According to trade sources, India’s demand for polymers in 2019 is about 10 million tons per year. Read More
  • Brazil launches anti-dumping sunset review investigation on our bicycle tires

    2019-03-01

    Article source: Economic and Commercial Affairs Section of the Chinese Embassy in Brazil . The tax code for the products involved in the case is 40115000. For details of the announcement, please refer to the following link: http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?data=19/02/2019&jornal=515&pagina=18 For the electronic version of the questionnaire, please see the following link: http ://www.mdic.gov.br/comercio-exterior/defesa-comercial/851-investigacoe Read More
  • Argentina launches anti-dumping investigation on HFC blended refrigerant in China

    2019-03-01

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-03-01 The Ministry of Production and Labor of Argentina issued an announcement on February 25, 2019, deciding to initiate an anti-dumping investigation on HFC compound refrigerants imported from China. The tax codes of the products involved in the case are: Scoa: 38247810 and 38247890. 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. For the announcement of the case registration, please refer to the following link: http://servicios.infoleg.gob.ar/infolegInternet/ Read More
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