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

Saudi Aramco and SABIC suspend Las Haile refinery project and review other investments

Saudi Aramco & SABIC suspend Las Haile refinery, review projects, adjust Asian capex, strengthen China ties amid market uncertainty.

2024-10-24 11:28:44

India relies on imported chemical raw materials up to $220 billion!

India's chemical industry faces challenges from imported raw material dependence but aims to innovate, embrace sustainability, and grow to $1 trillion by 2040 with government support and industry cooperation.

2024-10-24 11:28:44

South Korea intends to impose anti-dumping duties on PET resins originating in China

South Korea's Trade Commission proposes 7-7.98% anti-dumping duties on Chinese PET resin for 5 years, affecting 4 Chinese firms, amid broader anti-dumping investigations on steel and films, prompting Chinese firms to adopt countermeasures.

2024-10-24 11:28:44

Analysis of the impact of Sinopec's production increase on the South Korea petrochemical industry

China's planned petrochemical expansion worries global oversupply, impacting ethylene & PE production, hitting South Korea exports as China nears self-sufficiency.

2024-10-24 11:28:44

Vietnam's First Integrated Petrochemical Complex Officially Operated: Promoting a New Chapter in the Development of Petrochemical Industry

LSP, Vietnam's first integrated petrochemical complex, starts operation, boosting local industry, cutting imports, enhancing competitiveness with diverse raw materials & advanced tech.

2024-10-24 11:28:44

Crude Oil Market Analysis: Weak Demand and Ease of Middle East Supply Concerns Lead Oil Prices to Hit October Lows

Crude oil prices hit lows in October amid weakening global demand forecasts, geopolitical easing, and unexpected supply shifts, with China's economy adding pressure.

2024-10-24 11:28:44

Titan Group raises share of phenol and acetone production in Russia to 29%

Titan Group's Omsky Kauchuk plant boosted phenol & acetone production by 33% & 36% in H1, ranking 2nd in Russia with 29% market share, backed by gov't support.

2024-10-24 11:28:44

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Saudi Aramco and SABIC suspend Las Haile refinery project and review other investments

India relies on imported chemical raw materials up to $220 billion!

South Korea intends to impose anti-dumping duties on PET resins originating in China

Analysis of the impact of Sinopec's production increase on the South Korea petrochemical industry

Vietnam's First Integrated Petrochemical Complex Officially Operated: Promoting a New Chapter in the Development of Petrochemical Industry

Crude Oil Market Analysis: Weak Demand and Ease of Middle East Supply Concerns Lead Oil Prices to Hit October Lows

Titan Group raises share of phenol and acetone production in Russia to 29%

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