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The first eight months of chemical materials and products manufacturing profits rose 5% year-on-year

The first eight months of chemical materials and products manufacturing profits rose 5% year-on-year

The data released by China's National Bureau of Statistics on September 27 showed that from January to August, industrial enterprises above the national scale achieved a total profit of 5,525.40 billion yuan, down 2.1% year-on-year.
Chemical Industry

2022-09-29

Port of Los Angeles August imports down 17% year-on-year, expected to continue to fall

Port of Los Angeles August imports down 17% year-on-year, expected to continue to fall

The Port of Los Angeles, the largest container port in U.S. throughput, is bucking the overall U.S. port trend. While overall U.S. container imports remain near record highs, the Port of Los Angeles saw a double-digit year-over-year decline in imports
Foreign Trade

2022-09-19

Freight rates in various countries fell for 13 weeks in a row to extend the decline

Freight rates in various countries fell for 13 weeks in a row to extend the decline

The latest issue of the world's four largest container freight indices still fell sharply.
Shenghong Petrochemical's base opening for a total capacity of 700,000 tons of EVA

Shenghong Petrochemical's base opening for a total capacity of 700,000 tons of EVA

The EVA projects include three 200,000 ton/year tubular EVA plants, one 100,000 ton/year high-end hot melt EVA plant, and one 50,000 ton/year high-end copolymer EnBA plant.
EVA EVA CHINA

2022-09-19

China Manufacturing Tax Moratorium Extended Again

China Manufacturing Tax Moratorium Extended Again

The executive meeting of the State Council held on September 13 decided to further extend the period of tax moratorium for the manufacturing industry to further help enterprises to relieve their difficulties.
china manufaturing

2022-09-16

A world first! Toray Develops 100% Bio-based Adipic Acid

A world first! Toray Develops 100% Bio-based Adipic Acid

On August 24, Toray Industries, Inc. announced that for the first time, researchers have succeeded in producing 100% bio-based adipic acid from sugar derived from inedible biomass.
Adipic Acid

2022-09-13

China's first eight months of foreign trade imports and exports rose 10.1% year-on-year

China's first eight months of foreign trade imports and exports rose 10.1% year-on-year

It is reported that the General Administration of Customs released data on the 7th, the first eight months of this year, China's total import and export value of trade in goods 27.3 trillion yuan, an increase of 10.1%.
The

The "Discontinuation Tide" Is Here! More than 100 Chemical Companies have Stopped Production!

Recently, the number of domestic polypropylene PP plant maintenance has continued to increase. Up to now, a total of 50 manufacturing lines have been involved in parking maintenance
January-July total profit of chemical raw materials and products manufacturing industry increased by 9.3% year-on-year

January-July total profit of chemical raw materials and products manufacturing industry increased by 9.3% year-on-year

Data released by the National Bureau of Statistics on August 27 showed that from January to July, the total profit of industrial enterprises above national scale was 4,892.95 billion yuan, down 1.1% year-on-year.
Chemical Industry

2022-09-01

INNEX acquires Mitsui Singapore Phenol for $330 million

INNEX acquires Mitsui Singapore Phenol for $330 million

On August 26, INNEX announced that it will acquire all of the assets of Mitsui Phenol Ltd. in Jurong Island, Singapore from Mitsui Chemicals, a leading Japanese chemical manufacturer, for a total consideration of $330 million.
INNEX Phenol

2022-09-01

Biodegradable material replacement

Biodegradable material replacement "speed up"

On August 16, the National Development and Reform Commission, together with the Ministry of Ecology and Environment and other 21 plastic pollution control special working mechanism member departments and units
plastic

2022-09-01

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