Chemical news

SIXIN Antifoam August 23, 2018

 

Product Info.

Halogenated butyl rubber: Zhejiang Xinhuihe New Materials Co., Ltd. and Shandong Jingbo Petrochemical Co., Ltd. have raised the ex-factory price by 1,000 yuan (ton price, same as below), and some customers’ transaction prices have risen to 21,000 to 21,500 yuan.

Styrene: From July to middle of August, styrene is in a rising phase. During the period, the lowest price in the East China market is 10,700 yuan/ton, and the highest is 12,300 yuan/ton. The cumulative increase is 1,600 yuan/ton.

Ethylene glycol butyl ether: the main seller is the first to pull up, there is an increasing opportunity in the short-term market. This week, Huadong ethylene glycol butyl ether single order reference 10500-10600 yuan/ton, the low-end price is currently less, South China glycol The price of butyl ether is 10900-11000yuan/ton.

Corporate Info.

Lyond Basel: The deal to acquire plastics manufacturer A. Schulman, Inc. for $2.25 billion is over. The deal was announced in February and the deal more than doubled the size of the existing compound business of Leander Basel while expanding the company’s market share in the automotive, building materials, electronics and packaging end markets.

Borouge: It is expected that the polymer compounding plant expanded in China will begin commercial production by the end of 2020.

Hengli Petrochemical: Announced the“Public Participation Announcement for the Social Stability Risk Analysis of the 2.5 Million Tons PTA-4 Project”.

Policy Info.

Ministry of Industry and Information Technology: In order to fully grasp the development of industrial Internet networks and accelerate the construction of the industrial Internet network system, the Ministry of Industry and Information Technology organized the investigation of the development of industrial Internet networks.

China Petroleum and Chemical Industry Federation: Issued“2017 Oil and Chemical Industry Economic Operation Report”

Hubei: The “Program” pointed out that the heavy chemical and paper industry projects will not be built within 1 km of the main stream of the Yangtze River and the main tributaries. Petrochemical and coal chemical projects 1 km away must enter the park. By 2020, more than 75% of national-level parks and more than 50% of provincial-level parks will be recycled.

The American Chemistry Council (ACC): Tariff costs will weaken the competitiveness of the US industry and may threaten the feasibility of $194 billion in announced chemical industry projects.


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