Source: China National Chemical News January 24, 2019 Sinochem.com.cn Recently, Swedish professional chemical company Perstorp announced that it is restructuring its business to support future growth plans and strengthen internal integration. The move will result in the loss of 56 jobs, including 32 in Sweden and 24 abroad.　　 The new business is reorganized into three business units: special polyols and solutions, advanced chemicals and animal nutrition. In addition, the company will merge supply chain and operations into a single unit. Perstorp said the move was part of the ongoing transformation. The company recently sold its Capa and bioproducts businesses with the aim of strengthening its balance sheet and releasing resources for future investments. Read More

Source: China National Chemical News January 24, 2019 Sinochem New Network News According to Saudi Energy Minister Khalid Falih on January 18, 2019, Saudi Arabia plans to establish an oil refinery and petrochemical complex in South Africa as Part of the country’s $10 billion investment. Falih said that Saudi Arabia's oil will be used in the planned refinery and its construction will be handled by Saudi Aramco. Reuters quoted the Saudi minister as he met with South Africa’s energy minister Jeff Radebe: \"Saudi Aramco teams have exchanged opinions and received support from the South African Ministry of Energy. The exact location of the refinery and petrochemical plant will be in the next few weeks OK.\"　　Radebe said on January 18:\"South Africa and the Kingdom of Saudi Arabia signed a statement of intent aimed at comprehensive cooperation in the oil and gas field.\"Falih said that Saudi Arabia is also interested in South Africa’s major oil storage facilities . Read More

Source: China National Chemical News China Chemical News BASF Fuel and Lubricants Solutions Business Department said last week that it will invest in Mexico and China to increase the capacity of lubricant antioxidants to meet Asia’s growing vehicle market against oxidants Demand, and the rising demand for long-acting lubricant additives worldwide.　　In order to increase production capacity, BASF expanded the production capacity of its Puebla base in Mexico; in China, it signed a technology licensing and production agreement with Jiangsu Feiya Chemical Industry Co., Ltd. Jiangsu Feiya Chemical Industry Co., Ltd. recently established a new base in Rudong County, Jiangsu Province, which is now fully operational and produces products that meet relevant specifications. Marius Vaarkamp, ​​Global Marketing Director of BASF Lubricant Additives, said: \"We will continue to meet the needs of customers around the world through investment and product innovation. Expand lubricant antioxidant Read More

Source: China National Chemical News January 24, 2019 　 Sinochem.com News Asia's polybutadiene rubber (PBR) prices continued to rise, driven by rising raw material butadiene (BD) costs and replenishment activities before the Lunar New Year holiday. According to market sources, the spot quotation of Gaoshun PBR has been raised to US$1700~1800 (ton price, same below; CFR, Northeast Asia/Southeast Asia). ICIS data shows that on January 10, the high-cis PBR evaluation price was 1625 US dollars (CFR, Northeast Asia), an increase of 25 US dollars from last week. A local synthetic rubber manufacturer stated: \"We must increase the PBR quotation because the cost of raw material butadiene has increased.\"ICIS data shows that the spot price of raw material butadiene has increased by $70 since the end of November 2018 6%, butadiene prices reached USD 1195 on January 11, 2019. Read More

Source: China Chemical Industry News January 24, 2019 Sinochem New Network Canada Chemical Industry Association (CIAC) recently estimated that the country's industrial chemicals sector generated a high operating profit of 4.3 billion Canadian dollars in 2018, an increase of 23% from 2017 . CIAC also estimated that sales rose 6% to 25.4 billion Canadian dollars (19.2 billion U.S. dollars) and production increased by 1%.　CIAC released relevant data in the 2018 year-end business situation survey, and said that the export value of chemical products increased by 10% to 20.5 billion Canadian dollars. CIAC said that in 2018, Canadian chemical products accounted for 81%, of which 75% was exported to the United States. Looking ahead, respondents to the survey predicted that industry output will increase by 3% in 2019, but sales will fall by 1% and exports will fall by 4%. The association also expects operating profit to decline by 3%, while maintaining a historically strong trend. Read More

Source: China National Chemical News China Chemical News BASF said recently that it is investing in the construction of a new mobile emission catalyst production facility at its Pudong production base in Shanghai. The new plant will accommodate multiple production lines and provide manufacturers of heavy and light vehicles with a full range of emission control technologies, which are scheduled to begin production by the end of 2019.　　The factory will continue to innovate catalyst products. Dirk Demuth, senior vice president of BASF’s Mobile Emissions Catalysts, said: \"The new facility provides flexibility for future expansion and upgrades.\" Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-01-22 On January 19, 2019, the Chilean Ministry of Finance issued an announcement deciding to impose a temporary anti-dumping duty of 9% on steel grinding balls imported from China. The temporary measure is valid for no more than 6 months until the final measure is issued. The Chilean tariff number of the product involved is 7326.1110. For the case announcement, please refer to the following link: http://www.diariooficial.interior.gob.cl/publicaciones/2019/01/19/42258/01/1530870.pdf. Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce. January 22, 2019. On January 17, the Taiwanese investigating agency issued an announcement to make a final ruling on the anti-dumping sunset review investigation of imported footwear products from mainland China, and decided to continue taxation. The reference tax numbers of the products involved are: 1. Gentlemen's shoes: 64029990210, 64035900109, 64039990111; 2. Women's high-heeled shoes: 64029990238, 64035900305, 64039990139; 3. Riding boots: 64029190003, 64035100009, 64039190002; 4. Children's shoes: 64029990265, 64029990274, 64035900617, 64035900626 、64039990166、64039990175; 5. Sandals: 640 Read More

Source: Trade Remedy and Investigation Bureau of the Ministry of Commerce 2019-01-09 The Ministry of Production and Labor of Argentina issued Resolution 2018/211 on January 2, 2019, deciding to initiate anti-dumping of oil-immersed three-phase transformers originating in China, South Korea and Brazil The review of the merger of changes in the situation during the sunset. The tax code of the product in question is 8504.2300. The enterprises involved are requested to complete the answer sheet in accordance with the requirements of the investigating authority. The answer sheet and the materials for responding to the case shall be submitted to the investigating authority of Afghanistan on April 3, 2019. The answer sheet and related evidence must be translated into Spanish by a registered translator of the Arab country and certified by the Embassy and Consulate of China in Afghanistan. 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://servicios.inf Read More