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

Rongsheng Petrochemical and Saudi Aramco deepen cooperation to seek a new chapter in global refining and chemical industry

Rongsheng Petrochemical and Saudi Aramco deepen cooperation and sign a number of agreements. The two sides plan to acquire equity, expand production capacity, and jointly develop CICC Petrochemical upgrade project and Rongsheng new materials project. Under the background of China's "Belt and Road Initiative" and Saudi Arabia's "Vision 2030", the two sides will build a global refining and chemical integration project and seek common development.

2025-01-02 14:53:50

Global THPs market under pressure, prices may continue to fall in the coming weeks

The global THPs market is under pressure from weak demand and oversupply, and prices may continue to fall in the coming weeks, with the industry facing multiple challenges.

2024-12-27 13:14:09

Indian Bureau of Standards mandatory polyurethane product certification to ensure quality and safety

The Indian Bureau of Standards has mandated certification of polyurethane products to ensure compliance with quality standards and has issued more than 30000 certificates covering a wide range of areas to ensure market security.

2024-12-26 13:19:28

ADNOC International Group is about to complete the acquisition of Covestro Holdings, moving into the ranks of global chemical giants.

ADNOC International Group, through its subsidiary ADNOC International Germany Holding AG, has successfully acquired a 91.3 per cent stake in Covestro, with a transaction value of approximately € 12.87 billion, which is expected to be completed in the second half of 2025. The acquisition will be the largest merger in Europe this year, helping XRG to become the world's top five chemical companies.

2024-12-24 13:56:59

Saudi Aramco and Total Energy join hands to create world-class petrochemical complex "Amiral"

Saudi Arabia's oil giant Saudi Aramco and French energy giant Total Energy (TotalEnergies) are working together on an ambitious petrochemical project called "Amiral".

2024-12-23 14:01:08

Third Quarter 2024 Global Oil Company Earnings Overview

In the global oil industry in the third quarter of 2024, major companies have announced their performance, showing different market trends and business strategies. The following is a summary and analysis of the financial results of some key companies in Asia, the United States, Europe and oilfield services.

2024-12-18 18:04:42

Dow launches innovative polyether polyol VORANOL WK5750, upgrades Freeport plant capacity

Dow recently announced a major initiative to introduce and manufacture a new polyether polyol product, VORANOL WK5750, at its Freeport plant. This innovative product not only demonstrates Dow's continuous investment in the development of high-performance materials, but also brings revolutionary changes to the flexible foam market.

2024-12-18 17:30:50

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

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Rongsheng Petrochemical and Saudi Aramco deepen cooperation to seek a new chapter in global refining and chemical industry

Global THPs market under pressure, prices may continue to fall in the coming weeks

Indian Bureau of Standards mandatory polyurethane product certification to ensure quality and safety

ADNOC International Group is about to complete the acquisition of Covestro Holdings, moving into the ranks of global chemical giants.

Saudi Aramco and Total Energy join hands to create world-class petrochemical complex "Amiral"

Third Quarter 2024 Global Oil Company Earnings Overview

Dow launches innovative polyether polyol VORANOL WK5750, upgrades Freeport plant capacity

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

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