IndustryNews
South Korea and Saudi Arabia Impose Restrictions on Chinese Chemical Imports
October 24, 2024 – South Korea and Saudi Arabia Impose Anti-Dumping Measures on Chinese PET Resin and Titanium Dioxide In a recent move, the South Korean government has announced plans to implement anti-dumping measures on PET resin imported from China. According to a report by CaiLian Press, the Trade Commission of the Ministry of Trade,…
Polypropylene Market Struggles Amid Falling Crude Oil Prices
October 23, 2024 – Polypropylene Market Faces Challenges Amidst Falling Crude Oil Prices The polypropylene market has been experiencing a sluggish performance, influenced by a combination of factors. The continuous decline in crude oil prices has significantly weakened the cost support, causing futures markets to retreat from their highs. This shift has generally dampened market…
Shandong Port’s Sea-Rail Express Boosts Titanium Dioxide Exports
October 23, 2024 – Shandong Port Logistics Group has announced the successful launch of a new sea-rail express line connecting Jiaozuo, Henan Province, with Qingdao Port in Shandong since July. This innovative initiative links inland cargo sources with maritime resources through an efficient sea-rail transportation mode, opening up a fast and efficient logistics channel for…
Japanese Nano-Calcium Carbonate Firms Lead Global Market with Advanced Technologies
October 23, 2024 – Japanese Nano-Calcium Carbonate Industry Demonstrates Robust Strength, with Multiple Companies Leading the Global Market Japanese companies such as Shiroishi Kogyo Co., Ltd., Maruo Calcium, and Takehara Chemical have established a prominent presence in the nano-calcium carbonate sector, thanks to their advanced technologies and extensive experience. Shiroishi Kogyo, a pioneer in the…
Syensqo’s Changshu Base Achieves Key Milestone in Polymer Composite Material Expansion
October 22, 2024 – Syensqo Corporation has recently announced the successful completion of trial production for the first phase of its polymer composite material expansion and renovation project at its production base in Changshu. This significant milestone was achieved during the third quarter of this year. The first phase of the project boasts a “quick-change…
Titanium Market Insights: China’s September Imports Decline, Yet Yearly Growth Persists
October 21, 2024 – China’s titanium ore imports in September experienced a notable decline compared to the previous month, yet remained resilient on a year-over-year basis. Specifically, the nation imported a total of 268,000 tonnes of titanium ore, marking a substantial 57.1% decrease from August. However, this figure still represented a 6.2% increase when compared…
Zhongding Holding and Celanese Ink Global Strategic Partnership in Shanghai
October 21, 2024 – A new chapter in global strategic collaboration has been penned by Anhui Zhongding Holding (Group) and Celanese, as the two giants forged a partnership in Shanghai. The alliance encompasses a broad spectrum of product lines, including Vamac® AEM, Santoprene® TPV, and Zytel® LCPA, signaling an extensive and profound collaboration in engineering…
Tianjin (Zhongda) Group’s Major Investment in Yangquan: First Phase Nears Completion
October 21, 2024 – A significant investment project in the outskirts of Yangquan, Shanxi Province, spearheaded by Tianjin (Zhongda) Group Co., Ltd., has reached a pivotal stage. The first phase of the Yangquan Jinwang Building Materials Factory, an automated production line capable of producing 1.5 million tons of calcium carbonate aggregates annually, is now undergoing…
Nanzhao County’s Calcium Carbonate Industry: A Thriving Hub in Henan Province
October 21, 2024 – Nanzhao County, situated in Nanyang City, Henan Province, has transformed from a region where mountains and stones were once overlooked into a thriving hub for the calcium carbonate industry. The stones found here undergo meticulous processing and grinding, metamorphosing into raw materials for various pipelines, which find extensive applications in water…
Macroeconomic Tailwinds Lift Polypropylene Market Amid Lingering Challenges
October 19, 2024 – As the chemical industry steps into its traditional peak season, market participants eagerly anticipate an upswing in prices. However, the polypropylene market, burdened by high inventories and sluggish demand, has failed to ignite the expected fervor. It was not until the latter half of September that a series of macroeconomic policy…