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Wuxi Volksky New Materials Co.,Ltd.
Arkema is a global chemical company and France’s leading chemical manufacturer. Since its listing in Paris in 2006, Arkema has been thriving in the business areas it covers, and 90% of its business is ranked among the top three in the world. . In the past two decades, Arkema’s business in China has gradually grown and expanded. At present, the Chinese market has ranked among Arkema’s three major markets in the world. Since entering the Chinese market, Arkema has made in-depth investment in the...
As the international oil price bottomed out, the downstream chemical sector also took a dazzling rebound. According to statistics from the China Securities Journal, since mid-January, the Wenhua Chemical Index has gained nearly 23%. Analysts interviewed by reporters from the China Securities Journal believe that in addition to the bottoming out of the international oil price and the cost side advantage, the rebound of chemicals has a lot to do with its fundamental situation. The overhaul of...
The central bank reduced its profit and made more profits than expected. On the 5th, the domestic market fell in a large area, among which chemical products fell under the weight of overnight international oil prices, and the decline was among the highest among all varieties. By the close, plastics and rubbers have fallen by around 2%, and PPs and PTAs have fallen by more than 1%. First of all, the collapse of oil prices has made chemical products the main target for shorting. Plastic ** main...
Since 2014, with the exception of non-ferrous metals, black building materials and chemicals have been in a bear market. From a time point of view, after the Spring Festival, the varieties of thread, iron ore, coke, coking coal, glass, and methanol all continued to fall in a unilateral manner, while varieties such as PP and PE stopped falling in March and hit a market in coal chemical industry in July. Driven by the decline in crude oil, it began to turn downwards. PTA rebounded for 3 months...
R22 prices continue to rise. Last week, the price of R22 rose 9.52%. Last week, the price of domestic refrigerant R22 continued to rise at a high level, the supply side was stable, and terminal air conditioners were still in the peak season. The business mentality was firm and bullish on the market outlook. Due to restrictions on production quotas and sluggish sales of by-products**, R22’s main manufacturers started to maintain medium-to-low loads, and the market’s supply was in short supply....
In July, with the overall organic rebound, Trimethane ranked first with a 13% increase. Analysts pointed out that the current upstream methanol, ** market rebounded, the downstream R22 manufacturers operating rate has increased, directly leading to **** purchases to pick up. The short-term market is expected to usher in substantial demand growth. Business Club data show that as the monthly gains championship, **** rose 13%, the current mainstream offer 1950 yuan / ton, but down 1.27% year on...
Macro focus According to reports, the euro zone reached an agreement on Cyprus relief and Cyprus will receive 10 billion euros to help. In the rescue agreement, imf will expand the funds provided to Cyprus. Cyprus will also levy a tax of 6.75% on deposits of less than 100,000 euros and impose a 9.9% tax on deposits of more than 100,000 euros. In March, the Thomson Reuters/University of Michigan Consumer Confidence Index had a preliminary value of 71.8, an expected 78.0, and a previous value of...
A few days ago, it was learned from the 3rd meeting of the 12th People's Congress of Wuhan City that chemical companies and other companies are gradually becoming the main body of independent innovation in Wuhan, and the number of patent applications filed by Wuhan enterprises is “blowout”. It is reported that last year, Wuhan enterprises applied for patents accounted for 30% of the total number of patent applications, reaching 2700, an increase of 76%, of which 2,000 were applied for...
Japan’s Mitsui Chemicals Corp. recently stated that it plans to expand the polypropylene resin production capacity in the United States, Mexico, and China by a total of 63,000 tons/year to meet the increasing demand in the global automotive production market. Mitsui Chemicals said its subsidiary Advanced Composites in Ohio, USA, will expand its capacity in the United States from 226,000 tons/year to 25.4 by building a new polypropylene resin production line with a capacity of 28,000 tons/year....
Faced with the increasingly declining market share of local daily chemical brands, increasing their own competitiveness through resource integration has also become a way for local daily chemical companies to break through. It is reported that the "Japanese chemical state-owned" group army formed by the integration of daily chemical companies such as Beijing Daily Chemicals Plant, Goldfish Technology Co., Ltd., and Beijing Liyuan Company will formally be listed on March 9. So, can Bao...
In petrochemicals, the price of crude oil settled down last week due to market fears that prompted Ireland to accept a bailout crisis or spread to other European countries. New York Mercantile Exchange (NYMEX) January crude oil contract settled to a barrel 81.25 U.S. dollars. However, due to the latest report on Wednesday indicating that the US economic outlook improved, crude oil ** settlement price rose, the New York Mercantile Exchange (NYMEX) January crude oil contract settlement price rose...
The picture shows a model of the LG Chem booth, which shows the role of polyolefins in the lightweighting of automobiles. On September 15, 2010 (the 10th) China International Chemical Industry Exhibition was grandly opened in Shanghai. Although there are still many uncertainties in the post-crisis era, the exhibition attracted 102 foreign companies from 17 countries and regions. In particular, exhibitors in the Asia region, which are less affected by the financial crisis, have obviously...
A few days ago, the United Nations Environment Programme, based on the Stockholm Convention on Persistent Organic Pollutants of 2001, included nine new chemical substances in the list of prohibited and restricted chemical substances that are harmful to human and animal health and the environment. The total number of chemicals that have been classified as prohibited and restricted worldwide has increased to 21 types. This revision is the first list of chemical substances added to the Stockholm...
The maintenance and development and utilization of this capital operating platform asset is an ability that A-share coal chemical companies need to improve. In the Catalogue of Encouraged Industries in Western China announced recently, the names of coal chemical industries such as coal to olefins and coal-to-methanol projects have disappeared. This means that once the coal chemical industry, which once had an infinite landscape, will no longer enjoy preferential policies such as taxation and...
Dressed in sky blue work clothes, wearing a white helmet, a fat body, wide face, thick eyebrows, big eyes, and laughter... This is an external impression given by Dr. Sun Qiwen, Deputy General Manager of Yankuang Group and General Manager of Future Energy. . After talking with him, the reporter found that he was delicate inside, clear thinking, quick thinking, in particular, has a good insight into the status of China's coal chemical industry. In the autumn of October, at the construction...
China Drying Network BMW Chemicals 15,000 tons of fine dicyandiamide projects have now been completed and can be put into production in the near future. It is understood that the Ningxia Pingluo BMW Chemical Group's annual output of 15,000 tons of fine dicyandiamide projects is located in the Pingluo Industrial Park. It mainly constructs a demonstration production line of fine dicyandiamide-supported lime nitrogen rotary kiln demonstration, and fine dicyandiamide hydrolysis of lime...
In order to ensure the safety and stability of the Party's Eighteenth National Congress, the Shanghai Security Committee recently organized a joint inspection team to inspect road transport companies and vehicles for hazardous chemicals. The inspection team first inspected Shanghai Zhongshi Chemical Logistics Co., Ltd. and affirmed its application of high-tech methods to track and monitor vehicles in real time. At the same time, it also found deficiencies on the spot, such as incomplete...
China drying wire according to Reuters report second-quarter results released by Akzo Nobel, the company's second-quarter sales rose 8 percent to 4.41 billion euros; before interest, taxes, depreciation and amortization profit (EBITDA) grew by 8% Increase to 593 million euros. The growth was mainly due to the price adjustment measures and the exchange rate impacts in response to rising raw material costs. The company also announced that its global performance improvement plan is progressing...
China Drying Network News American chemical manufacturer PPG Industries (PPG) announced on July 19 that it has agreed to sell its bulk chemicals division to Georgia Gulf Corp (GGC) for approximately US$2.1 billion. The deal is expected to be completed later this year or early next year. Pursuant to the terms of the transaction, PPG shareholders will receive $1 billion worth of Georgia Gulf shares, while PPG will receive $900 million in cash. Including Georgia Gulf's PPG debt, the deal was...
China Drying Network News “2012 Hong Kong Shandong Week” ended in Hong Kong a few days ago. During the week of the event, a total of 267 major cooperation projects covering new energy, new materials, marine technology development and other fields were signed, which deepened the overall strategic cooperation of Lugang. Through the Hong Kong platform, Shandong enterprises have gone out of the country to participate in overseas mergers and acquisitions, and the level of internationalization has...
Since July, continuous high-temperature and hot summer weather has tested various important positions of Jiangxi Changjiang Chemical Co. , Ltd. To prevent the explosion of flammable and explosive materials, the company’s safety officer and warehouse clerk paid close attention to the temperature of the warehouse every day. When the storage temperature exceeds 35°C, timely night ventilation and placement of ice cubes have achieved good cooling effect.
Sony announced on June 28 that it will sell its chemicals business for 58 billion yen (about 730 million U.S. dollars) to the Japan Development Bank to continue its restructuring plan. The assets sold include Sony Chemicals and Information Equipment Corporation (SCID). Before the acquisition is completed, SCID will transfer non-chemical business to Sony, and Sony will inject other chemical-related business into SCID.
In May 2012, the value-added of industrial enterprises above designated size increased by 9.6% year-on-year (the growth rate of the following added value is the real growth rate after deducting price factors), which is 0.3% faster than that in April. From a month-on-month perspective, in May, the added value of industries above designated size increased by 0.89% from the previous month. From January to May, the industrial added value above designated size increased by 10.7% year-on-year. In...
Japan’s Kao Corporation announced on June 6 that it will invest approximately JPY 5 billion (approximately RMB 400 million) in the construction of a new factory in Jinshan District, Shanghai, and will officially start production in 2014. In April 2012, Kao established Kao Chemical (Shanghai) Chemical Co., Ltd. in Shanghai to further strengthen the chemical production system in the areas of steel plates, civil construction and foundry pharmaceuticals where demand is increasing. It is reported...
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.