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Dow to produce Voranol WK5750 at Freeport Polyols Plant

Dow to produce Voranol WK5750 at Freeport Polyols Plant

2024-12-16

Dow has announced that cutting-edge polyether polyol VORANOL WK5750 will be produced at its Freeport Polyols Plant, marking its continued commitment to high application performance.

Jennmar Acquires Pyro-Chem’s Mine Sealant Products

Jennmar Acquires Pyro-Chem’s Mine Sealant Products

2024-12-16

Jennmar announced that it has acquired a portfolio of mine sealant products from the Pyro-Chem division of Wright-Mix Material Solutions, LLC (Wright-Mix).

BASF and RBTS cooperate on automotive refinish paint business

BASF and RBTS cooperate on automotive refinish paint business

2024-12-16

BASF (China) Co., Ltd. and Bosch Automotive Technology Service (Beijing) Co., Ltd. (RBTS) jointly signed a memorandum of understanding at the Shanghai Frankfurt Auto Parts Show to cooperate on the automotive aftermarket business.

Starbucks Japan to Fully Replace Straws with Bio-Based Plastic by 2025

Starbucks Japan to Fully Replace Straws with Bio-Based Plastic by 2025

2024-12-13

Starbucks CEO Takafumi Mizuguchi stated: "We have listened carefully to our customers' feedback on their drinking experience and conducted in-depth research and improvements. In the future, we will continue to accelerate our business activities related to

Guoxuan High-Tech Announces €2.5 Billion Investment in Battery Production Bases in Slovakia and Morocco

Guoxuan High-Tech Announces €2.5 Billion Investment in Battery Production Bases in Slovakia and Morocco

2024-12-13

As for the 20GWh project in Morocco, it will be implemented by Guoxuan's registered holding subsidiary, Gotion Power Morocco S.A., established on July 12, 2024. This project is also planned to be phased, with completion expected within five years, with sp

NHK Spring to Cease Chemical Product Line by 2025, Focus on Transformation

NHK Spring to Cease Chemical Product Line by 2025, Focus on Transformation

2024-12-13

In an official press release, NHK Spring sincerely thanked customers and stakeholders for their continued support of its chemical product business, stating, "We deeply appreciate your support over the years. We believe that Toyo Quality One will continue

China's Total Import and Export Volume Exceeds $5.5 Trillion in First 11 Months, Trade Surplus $884.674 Billion

China's Total Import and Export Volume Exceeds $5.5 Trillion in First 11 Months, Trade Surplus $884.674 Billion

2024-12-13

According to the latest import and export data released by the General Administration of Customs of China on December 7, the total import and export volume for China in the first 11 months of this year reached $55,967.43 billion, an increase of 3.6% compa

ExxonMobil unveils major plan: 18% increase in oil and gas production by 2030

ExxonMobil unveils major plan: 18% increase in oil and gas production by 2030

2024-12-13

ExxonMobil (XOM) unveiled an ambitious plan to increase its oil and gas production by 18% by 2030, which will be driven by annual project spending ranging from $28 billion to $33 billion between 2026 and 2030.

OQ Chemicals sells Dutch esters plant to Perstorp

OQ Chemicals sells Dutch esters plant to Perstorp

2024-12-13

OQ Chemicals has sold its esters plant in Amsterdam, the Netherlands, to Swedish specialty chemicals group Perstorp.

BASF opens catalyst development and solid processing center in Ludwigshafen

BASF opens catalyst development and solid processing center in Ludwigshafen

2024-12-13

On December 12, 2024, BASF officially opened its new catalyst development and solid processing center in Ludwigshafen, Germany.

The Paint Industry's Winter: 200 Companies Bankrupt

The Paint Industry's Winter: 200 Companies Bankrupt

2024-12-12

The main business income was 298.27 billion yuan, a year-on-year increase of 0.6%, while total profits reached 18.33 billion yuan, a year-on-year increase of 3.1%. Despite this, the growth rates of output, main business income, and total profits are all l

Dow to Sell 40% of Assets for $2.4 Billion in 2025

Dow to Sell 40% of Assets for $2.4 Billion in 2025

2024-12-12

Dow Chemical Company recently announced that it has officially signed an agreement to sell 40% ownership of certain infrastructure assets located along the U.S. Gulf Coast to a fund managed by Macquarie Asset Management. This transaction is expected to ge

Major Changes in the $1.7 Trillion China-Russia High-Speed Rail Project

Major Changes in the $1.7 Trillion China-Russia High-Speed Rail Project

2024-12-12

On the broad stage of international relations, unexpected plot twists often play out like an intriguing drama filled with suspense and uncertainty. Recently, the highly anticipated China-Russia high-speed rail cooperation project has encountered significa

Celanese Leadership Changes: One Promoted, One Succeeds

Celanese Leadership Changes: One Promoted, One Succeeds

2024-12-12

Chief Operating Officer, Mr. Scott Richardson, will be promoted to Chief Executive Officer effective January 1, 2025, and will join the company's board of directors. Mr. Richardson will succeed Ms. Lori Ryerkerk, who plans to resign from her positions as

Carlisle Fluid Technologies acquires Reinhardt-Technik to boost business

Carlisle Fluid Technologies acquires Reinhardt-Technik to boost business

2024-12-12

Carlisle Fluid Technologies and Reinhardt-Technik GmbH sign agreement, with the latter becoming part of the group.

BASF expands ammonium chloride production capacity at Ludwigshafen site by 50%

BASF expands ammonium chloride production capacity at Ludwigshafen site by 50%

2024-12-12

BASF has expanded its ammonium chloride production capacity at its Ludwigshafen site, increasing production capacity by 50% and improving product quality.

Covestro adds to Asia Pacific! Partially bio-based coating raw material production line landed in Foshan, China

Covestro adds to Asia Pacific! Partially bio-based coating raw material production line landed in Foshan, China

2024-12-12

Covestro has further advanced its localization and sustainability efforts in the Asia Pacific region and started producing a partially bio-based coating raw material that is widely used in construction and infrastructure applications.

Rodda Paint Co. Acquires Miller Paint Company

Rodda Paint Co. Acquires Miller Paint Company

2024-12-12

Rodda Paint Company, in partnership with Cloverdale Group of Surrey, British Columbia, Canada, announces the acquisition of Miller Paint Company, a prestigious employee-owned company (ESOP) with deep roots in the Pacific Northwest since 1890.

Shandong Chemical Industry Surges to 3 Trillion Yuan in 74 Years

Shandong Chemical Industry Surges to 3 Trillion Yuan in 74 Years

2024-12-11

Since 1949, the chemical industry in Shandong Province has undergone significant development and transformation. From the initial 126 chemical enterprises with fixed assets valued at 4.07 million yuan, by 2023, the main business income of large-scale chem

EU Tax on Titanium Dioxide Imports from China to Take Effect on January 11

EU Tax on Titanium Dioxide Imports from China to Take Effect on January 11

2024-12-11

According to the proposal from the European Commission, Anhui Jinxing Group will face a tariff of €0.25 per kilogram, while Longbai Group's tariff will be €0.74. For companies that cooperated with the investigation, the tax rate is set at €0.64, while oth

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