News & Bulletin Updates

8Despite strong demand in some sectors, Polyolefin Elastomer prices are expected to remain bearish in Europe and the US due to excess inventory and weak downstream demand

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8The monthly production report for March 2024 indicates that the petrochemical plant, utilizing natural gas as feedstock, achieved a production of 83,963 metric tonnes of polyethylene, contributing to a cumulative production of 7,81,508 metric tons for the fiscal year 2023-24

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8A seminar explores how Indian companies in chemicals, textiles, engineering, and services can benefit from Free Trade Agreements

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8Throughout the whole development spectrum, Chemexil is looking for industry inputs on R&D goals, technological gaps, and progress prospects

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8International representatives are meeting to negotiate a legally-binding treaty that would regulate plastic production and its environmental impact across all stages of the plastic lifecycle, from extraction of raw materials to disposal

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8Rising crude oil prices and a phenol plant shutdown in India are expected to keep phenol prices high in Asia and Europe

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8Global Naphtha prices declined despite rising crude oil prices due to reduced demand from downstream industries, with regional variations influenced by factors like inventories and geopolitical tensions

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8Driven by strong demand and rising raw material costs, the global 2-EHA market experienced significant price increases in early April, with some regions seeing hikes of over $160 per metric ton

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8The ability to produce polyolefins is increasing because of an increase in Asian population and expenditure, particularly for packaging and consumer products

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8The chemical industry is expected to see modest growth in 2024 driven by demand for clean energy technologies, but faces challenges from regional competition and volatile energy prices

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8A global leading innovator in battery technology will showcase its latest solutions for next generation batteries at an upcoming battery fair in China

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8Innovative catalysts from a specialized chemical firm assisted its clients in a variety of sectors, such as the manufacture of nitric acid and steel, greatly cut greenhouse gas emissions in 2023

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8The report discusses the outlook for the oil and gas industry, including the impact of rising oil prices, geopolitical tensions, and refining margins

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8The Asia Pacific region is expected to lead the global TPEE market due to its thriving sectors, the market is predicted to grow at a CAGR of 6% from 2024 to 2036

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8The performance elastomer market, driven by the automotive industry and oil and gas sector, is expected to grow at a CAGR of 7.6% in 2024 to 2034

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8A life sciences company partnered with a university to commercialize a new type of polyethylene glycol, a polymer used to improve the delivery of nucleic acid medications

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8A chemical company is acquiring biomimicry-based dry adhesive technology to develop new solutions for clean processes, high-temperature applications, and repeated adhesion

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8A system with clear disposal instructions, partnerships to assure appropriate composting, and reusable and biodegradable items is being developed by a company for use in stadiums and performance venues

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8To further the development of its circular economy technology, a chemical company raised its ownership position in two plastic recycling companies

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8A new protein packaging tray made from a bio-based and recycled material has been launched that is designed to replace traditional polystyrene foam trays and can be composted in both home and industrial environments

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8A glove and protective clothing company is acquiring a competitor's PPE business for $640 mn, strengthening its cleanroom and scientific product offerings

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8In collaboration with partners, chemical company launched a new range of high-purity polycarbonates manufactured from recycled waste materials

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8A leading chemical company is unveiling innovative, eco-friendly additives to enhance plastic production efficiency and sustainability at a major trade

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8Shedding its bulk-chemical past, a nation's industrial giant embraces quality through domestic innovation

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Apr 29, 2024: Plant news

8Taiyuan Chemical stops adipic acid production
8TSRC Corp to begin SBR plant turnaround
8Wanhua Chemical restarts HDPE production
8SHARQ restarts production at MEG unit no.2
8PTTGC starts scheduled maintenance on no. 1 LLDPE unit
8Petronas Chemicals taking PDH unit offline
8Fujian Refining stops production at PP unit no. 3
8PetroChina Jilin restarts MMA unit production
8Tianjin Soda starts acetic acid production
8PetroChina Dalian shuts down no. 4 pp unit
8Nanjing Chengzhi begins no.2 mto plant turnaround
8Xintai Chemical restarts propylene production
8Qixiang Tengda restarts production at PO plant
8Lotte MCC to begin MMA no 1 unit maintenance

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