Source: Xinhuanet May 23, 2019 Sinochem New Network's US-based international organization Computer Technology Industry Federation issued a report on the 21st that the U.S. exports of technology products to China increased by 4.9% in 2018, but the US The provoked trade dispute will adversely affect the technical trade between the two countries, and will slow down US economic growth and damage the interests of US manufacturing. The report titled \"Technology Trade Overview 2019\" shows that U.S. exports of technology products to China reached US$17.9 billion in 2018; the latest available data shows that US companies provided US$2.2 billion in technology to China in 2017 Services, an increase of 3.9%.　　But the vice president of the Computer Technology Industry Association Stephanie Holland said that between 2017 and 2018, the US-China economic and trade frictions increased the import tariffs on technical products by 4 times. Read More

Source: Trade Remedy and Investigation Bureau of the Ministry of Commerce on June 7, 2019. On June 7, 2019, the Mexican Ministry of Economic Affairs issued a final ruling on the anti-circumvention investigation of ammonium sulfate in our country. Anti-dumping duties of USD 0.1703/kg. The Mexican tariff number of the product in question is 31059099. Link to the case decision announcement: http://www.contactopyme.gob.mx/upci/paginas/3241.pdf Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce. On June 12, 2019, the Ministry of Production and Labor of Argentina issued Announcement 2019/64, deciding to initiate an anti-dumping investigation on household electric ovens imported from China. The tax number of the product in question is 85166000. The enterprise in question is required to complete the answer sheet in accordance with 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, please refer to the following link: http://servicios.infole Read More

Source: Sinopec News Network May 20, 2019 Sinochem New Network News According to ICIS website May 17 Moscow reported that according to MRC data analysis report, in the first four months of 2019, Russian polypropylene (PP) imports fell year-on-year 7%, of which the homopolymer polypropylene has the largest decline.　　 However, with the increase in the supply of propylene polymers at all levels, the polypropylene imports that entered the Russian market in April increased from 13,900 tons a month ago to 18,700 tons.　　However, compared with 62,000 tons in the same period last year, the total amount of polypropylene imported from Russia from January to April this year was reduced to 57,900 tons.　　 Except for random polypropylene, the imports of propylene polymers at all levels have declined, and the most significant decrease is homopolymer polypropylene.　　But the import of homopolymer polypropylene in April increased from 5600 tons a month ago to 6300 tons. Homopolymer polymerization from Azerbaijan Read More

Author: Chouguo Xian Source: China Chemical Industry News October 2019 Japan 30 new network news October 25, Gansu Provincial Government Information Office announced that Changqing Oilfield in Qingyang exploration Ching Cheng discovered reserves of 10 million ton The large oil field marks a major breakthrough in China's unconventional oil exploration field.　　According to the introduction, the Qingcheng Oilfield reservoir is located in the Chang 7 oil-generating layer in the Ordos Basin, which belongs to the category of shale oil that is extremely difficult to develop effectively. At present, 358 million tons of geological reserves have been proved, and 693 million tons of geological reserves are predicted, forming a scale of 1 billion tons of reserves. On September 25, the shale oil (tight oil) in the Chang 7 oil-bearing layer named after Qingcheng Oilfield passed the final review of the Ministry of Natural Resources. The Qingcheng Oilfield, which has a reserve of 1 billion tons, is expected to form a production capacity of 3 million tons in the next 3-4 years. Read More

Source: Sinochem New Network May 20, 2019 Sinochem New Network News French specialty chemical manufacturer Arkema recently announced that it intends to acquire ArrMaz (Amai), a specialty surfactant company in the US crop nutrition, mining and infrastructure markets Aberdeen), the acquisition must be approved by the relevant antitrust agency, is expected to be completed in the summer of 2019.　　Amaizai is located in the United States with annual sales of US$290 million, profit margin before tax, interest, depreciation and amortization of 18%, and capital expenditure/revenue ratio of about 2.5%. The purchase price is based on Amai's enterprise value of 570 million US dollars, and the relative EV/EBITDA multiple is 10.8 times.　　This acquisition will strengthen Arkema's high-performance additives business, which together with adhesives and technical polymers constitutes the three major growth pillars of Arkema's high-performance materials field.　　Amaizai has established a wide range of rapidly growing regions in North America, South America, Asia, and the Middle East and Africa. Read More

Author: Yuan Wang Source: China Chemical Industry News October 28, 2019 WASHINGTON According to \"Global Market Insights\" report a few days ago, the fuel cell market will grow from 2018's $ 3 billion to $ 7 billion in 2025.　　 The report predicts that by 2025, the UK fuel cell market is expected to grow by more than 50 MW. Strict emission reduction targets and R&D growth will complement the business environment. In addition, due to the incentives and subsidies provided by government departments, the growth of fuel cell electric vehicle (FCEV) demand will have a positive impact on the popularity of products. Ballard Power Systems unveiled its 8th generation zero-emission heavy-duty fuel cell module in 2019.　　With the surge in demand for forklifts, trams, ferries, cargo trucks and boats, the fuel cell industry will grow. It is estimated that by 2025, solid oxide fuel cell products will exceed 30,000 Read More

Source: China National Chemical News May 16, 2019 Sinochem New Network News Axalta Coating Systems has now completed the previously announced joint venture dissolution transaction, wholly owned Shanghai Qingpu Powder Coatings Manufacturing Plant, making it Axalta in China Powder coating production base. Axalta will independently operate its powder coatings business in China under the name \"Axalta Powder Coatings (Shanghai) Co., Ltd.\" to provide powder coating products and services to Chinese customers. Michael Cash, president of Axalta Industrial Coatings, said: \"China is one of the most important powder coatings markets in the world and an important growth engine for Axalta's global business. The completion of this transaction is Axalta's Another milestone in the development process in China, it also opened a new journey of our development in China, enabling us to use Axalta's comprehensive international products, technologies and services in China efficiently Read More

Source: China National Chemical News May 16, 2019 Sinochem New Network News On May 7, Clariant announced that it will cooperate with Wuxi Xiyuan Engineering Technology Co., Ltd. to develop two new projects, using its jointly developed formaldehyde production technology, for The company provides innovative solutions for high-performance FAMAX 200 DS catalysts.　　The contracted customers of these two new projects are Shandong Yushiju Chemical Co., Ltd. and Shandong Sanfeng New Materials Co., Ltd. respectively. The annual production capacity of the two manufacturers is estimated to be 150,000 tons and 130,000 tons, respectively. Clariant revealed that the number of customers currently using this advanced technology has increased to six in the short term. The technical scheme of the project has been applied by Wuxi Xiyuan to three formaldehyde production plants in China and India. The fourth plant using this technology is located in Jiangsu Province. The plant is expected to begin operations in the second quarter of 2019, with a designed annual formaldehyde production capacity of 240,000 tons.　　Shandong Yushi Ju Chemical has Read More