Chemical Industry Latest News and Trends-Global and Industry Dynamics-Skyseven Chemical

More news

Global chemical giants face survival challenges and have announced plant closure and production cuts

Due to cost pressure and profit difficulties, global chemical giants have announced the closure of factories to reduce production, the industry reshuffle is imminent, a number of well-known enterprises have taken action to meet the challenges.

2024-12-13 13:35:51

Saudi Aramco and Rongsheng Petrochemical deepen strategic cooperation, SASREF expansion project made new progress

This article reports on new progress in deepening strategic cooperation between Saudi Aramco and Rongsheng Petrochemical, with the signing of a development framework agreement in Beijing to advance the SASREF expansion project and expand refining and petrochemical production capacity. At the same time, the two sides also plan to acquire shares in each other, develop the expansion project of CICC Petrochemical, and jointly build a strategic growth platform.

2024-12-13 13:25:26

Chemours joins forces with PCC to build chlor-alkali plant in Mississippi to boost chemicals business

Chemours and PCC have announced a collaboration to build a chlor-alkali plant adjacent to Chemours' TiO2 facility in Mississippi, USA. The plant, expected to commence construction in 2026 and operational in 2028, aims to optimize energy use and expand PCC's chemicals business.

2024-12-11 16:41:38

The Revenue Department of the Ministry of Finance of India implements anti-dumping duties on imports of epichlorohydrin from China, South Korea and Thailand

On November 11, 2024, the Revenue Department of the Indian Ministry of Finance imposed a five-year anti-dumping duty on epichlorohydrin originating from China, South Korea, and Thailand, based on the ruling of the Ministry of Commerce and Industry. The amount of duty varies depending on the source country. This decision takes effect from the date of publication in the official gazette and aims to protect domestic industries in India from dumping damage.

2024-11-20 14:03:13

Egyptian chemical exports soar in first half of 2024, total 4 billion billion dollars

In the first half of 2024, Egypt's total chemical exports will reach 4 billion US dollars, accounting for 20% of the total non oil exports. Many chemical industries will show significant growth. The main export markets include Türkiye, Italy, etc.

2024-10-29 14:25:08

Lotte Chemical Cilegon plant invested nearly US $3.9 billion and is expected to start production in March next year.

Lotte Chemical's petrochemical plant project in Cilegon, Indonesia has completed 98.7% and is expected to begin production in March 2023. The total investment for the project is approximately 5.937 trillion Indonesian rupiah (nearly 3.9 billion US dollars).

2024-10-29 14:22:59

MOL Group and Turkish Petroleum Corporation join hands to deepen oil and gas exploration cooperation and seek common future development

MOL Group signed a memorandum of understanding with Türkiye Petroleum Corporation (TPAO) to deepen oil and gas exploration and production cooperation, covering the Caspian Sea, Türkiye, North Africa, the Middle East and Central and Eastern Europe, aiming to expand the international portfolio.

2024-10-29 14:20:30

Sumitomo Chemical to reduce MMA and PMMA capacity in Singapore by 2024, focusing on specialty products and chemical recycling

Sumitomo Chemical plans to shut down two-thirds of its MMA and PMMA production lines in its Singapore subsidiary by September 2024, in order to reduce production capacity and shift towards specialty PMMA products and chemical recycling technologies to cope with market changes and enhance profitability.

2024-10-29 14:17:47

Malaysia BASF Petronas Chemical's second iso-octanoic acid production line officially put into operation

BPC launches 2nd iso-octanoic acid line in Malaysia, doubling capacity to 60,000 tons/year, to meet Asia-Pacific demand, strengthening market position.

2024-10-29 09:28:56

Bilfinger Joins Hands with Egypt's KIMA to Advance Aswan Fertilizer Plant Expansion Project

Bilfinger, a global engineering firm, signs deal with Egypt's KIMA to expand chemical and fertilizer production in Aswan, marking Bilfinger's Middle East expansion.

2024-10-28 17:58:13

topics 1 - 10 (167 total)

Regional News

India

Vietnam

Turkey

Singapore

South Korea

Indonesia

Russia

Egypt

Pakistan

Malaysia

Manage Cookie Consent

Global chemical giants face survival challenges and have announced plant closure and production cuts

Saudi Aramco and Rongsheng Petrochemical deepen strategic cooperation, SASREF expansion project made new progress

Chemours joins forces with PCC to build chlor-alkali plant in Mississippi to boost chemicals business

The Revenue Department of the Ministry of Finance of India implements anti-dumping duties on imports of epichlorohydrin from China, South Korea and Thailand

Egyptian chemical exports soar in first half of 2024, total 4 billion billion dollars

Lotte Chemical Cilegon plant invested nearly US $3.9 billion and is expected to start production in March next year.

MOL Group and Turkish Petroleum Corporation join hands to deepen oil and gas exploration cooperation and seek common future development

Sumitomo Chemical to reduce MMA and PMMA capacity in Singapore by 2024, focusing on specialty products and chemical recycling

Malaysia BASF Petronas Chemical's second iso-octanoic acid production line officially put into operation

Bilfinger Joins Hands with Egypt's KIMA to Advance Aswan Fertilizer Plant Expansion Project

Information

Category

News

+86 191-1728-8062 [CN]

+86 400-9692-206 [CN]

WA: +852 97481178 [HK]