Foreign giant companies gradually withdraw from the market, leading local pearlescent material companies usher in new opportunities for development
Pearlescent material, also known as pearlescent effect material, refers to a material made by coating one or more layers of metal oxide on the surface of a base material such as natural mica or synthe…
500,000 tons/year! Maersk signs huge green methanol deal with Chinese wind power giant
A.P. Moller-Maersk signed a green methanol purchase agreement with Goldwind Green Energy Chemical, a wholly-owned subsidiary of Goldwind Technology, a leader in clean energy in China. The agreement is…
$300 million! U.S. chemical giant signs “first order” at CIIE
The 6th China International Import Expo opened at the National Convention and Exhibition Center (Shanghai). In the afternoon of the same day, the sixth CIIE issued the “first order on the first day”! …
Another international giant announced the sale of its polyurethane business!
Demand for specialty chemicals at LANXESS is expected to be lower than expected in the fourth quarter. Customers in the agricultural industry began to destock, as well as supplier-related production r…
It may be the first loss in 11 years! The chemical giant faces its “biggest crisis since its founding”
Japan’s Sumitomo Chemical said on November 1 that it expected a loss of 95 billion yen ($628 million) in fiscal 2023, which would be its first loss in 11 years. The semi-annual report released by Sumi…