Inorganic chemicals

Dec 28th, 2009

Russia UC Rusal board sets IPO price range

MOSCOW: The board of Russian aluminium company UC Rusal has set a price range for its Hong Kong IPO valuing the company at between US$16bil and US$22bil, Vedomosti daily said on Friday, quoting banking sources. The sources also told Vedomosti that BlackRock as well as sovereign wealth fund China Investment Corp would take part in […]...

Dec 21st, 2009

Ghana to Produce Ethanol for Export

Large tracts of land in the northern part of Ghana will be used to cultivate sugarcane for the production of ethanol for export to Sweden, the GNA has reported the Vice President as saying. The Vice President, John Mahama according to the report was addressing a SADA Parliamentary Caucus Conference on the development programme for […]...

Jun 17th, 2009

Paint Chemical Price Drop Signals Weak Economy

The recession may not be waving a white flag just yet, but the price of a key ingredient in white paint may signal the economy’s downhill slide is easing. Titanium dioxide prices fell 5.1 percent in the 12 months ending in May, the Labor Department reported Tuesday. That followed a 5.7 percent drop in the […]...

Jun 9th, 2009

LANXESS Acquires Polyol Specialist in China

The specialty chemicals company LANXESS AG is strengthening its market presence in the important Asia region by acquiring the business and production assets of Jiangsu Polyols Chemical Co. Ltd. in Jiangsu province, China. Both parties have agreed not to disclose the purchase price. Closing is expected in the third quarter of 2009. Jiangsu Polyols mainly […]...

Jun 8th, 2009

Tronox Announces TiO2 Price Increases in Asia and Latin America

Tronox Incorporated (Pink Sheets: TRXAQ, TRXBQ), on behalf of its subsidiary companies, today announced the following price increase for all TRONOX(R) titanium dioxide (TiO2) grades: Increase Amount Asia Pacific – $50 per tonne* Latin America – $100 per tonne* * Prices will become effective as noted or as contracts allow. Demand continues to improve and […]...

Apr 8th, 2009

Caustic Soda Up on High Demand

Caustic soda prices on Wednesday rose by Rs 100 per 50 kg in the national capital on pick-up in demand from detergent manufacturers amid lower arrivals from producing belts. Caustic soda flake rose by Rs 100 to Rs 1,475-1,550 per 50 kg. Meanwhile, prices of other chemicals ruled steady on scattered deals. Following were Wednesday’s […]...

Mar 25th, 2009

Petrochemical Market Recovery Will Come – in 2012

The major reduction in purchasing of commodity chemicals, due to the global economic recession and credit crisis, will last through 2011, suggests analyst Sergey Vasnetsov, the managing director of chemicals at the Barclays Capital offices in New York. “We continue to expect 2009-2011 to be the trough for the majority of commodity chemicals,” he says, […]...

Mar 24th, 2009

Demand for PVC Expected to Grow

Future growth is expected in global demand for PVC, particularly in Asia, India and Latin America according to Jon Nash, Strategic Research Director at Applied Market Information. Construction applications such as pipe and profile have been a major driver. For example, in India the market is now around 1.3 million tonnes of which 60% is […]...

Mar 18th, 2009

DuPont’s TiO2 Plant in China Still Awaiting Approval

The U.S.-based chemical industry giant E. I. DuPont de Nemours & Co (DuPont) is determined to build a 200,000-ton per year titanium dioxide (TiO2) plant in Dongying City, Shandong Province, and sent a representative to China last week to say so, sources reported. Douglas W. Muzyka, vice president of DuPont and president of DuPont Greater […]...

Mar 17th, 2009

Negative Outlook for Asia Oil & Gas, Petrochemicals

Moody’s Investors Service expects for Asia Pacific’s exploration and production (E&P), refining and marketing (R&M), and petrochemical sectors to be badly hit over the next 12-18 months. Moody’s says that the precipitous fall in energy prices has hit margins and cash flow at E&P issuers, while rapidly falling demand and margins has squeezed profits at […]...

Feb 20th, 2009

China to add 10,000 T Rubber to Reserves Purchase

China’s State Reserves Bureau plans to buy an additional 10,000 tonnes of locally produced natural rubber, bringing its planned April purchase to 65,000 tonnes, a source familiar with the situation said on Friday. The state reserves made the change to its original plan after more discussion with representatives from state farms in Hainan and Yunnan, […]...

Feb 17th, 2009

CO2-based Degradable Plastic Project Comes on Stream in China’s Hainan Prov…

The unique carbon dioxide (CO2)-based degradable plastic chlorinated polypropylene (PPC) project, funded by China National Offshore Oil Corporation (CNOOC) recently started operations in Dongfang Chemical City, Dongfang, Hainan province. The project which started construction in July 2007, has adopted a patent developed by Changchun Institute of Applied Chemistry, Chinese Academy of Science. China and will […]...

Feb 10th, 2009

Global Titanium Dioxide Capacity May Rich 7,5 mln tons/year by 2015

LONDON According to the research «Titanium Dioxide: 2009 World Market Outlook And Forecast» (mcgroup.co.uk/researches/T/03800/0/0/Titanium_Dioxide.html) by Merchant Research & Consulting, Titanium dioxide capacities totaled 5,6 mln tons in 2008 with average operating rates of 95%. With a considerable number of projects planned to be implemented world capacity will grow 30% by 2015 and 2/3 of titanium […]...

Jan 23rd, 2009

AkzoNobel Finalizes Acquisition of LII Europe Activities

23 January 2009, – Social business hearing, AkzoNobel has completed the acquisition of the business and assets of the German-based company LII Europe. The acquired activities will be integrated into AkzoNobel Industrial Chemicals. Financial details were not disclosed. LII Europe’s business is located near Frankfurt, Germany, Hoechst Industrial Park. The company produces liquid chlorine, chlorinated […]...

Dec 29th, 2008

Mitsubishi Chemical Olefin Business Reorganization

According to the U.S. “Chemical Weekly”  Japan’s Mitsubishi Chemical Company plans to permanently shut down its naphtha in Japan, a cracker in order to reduce the olefin production capacity, or coordinate its olefins production with another ethylene plant. The plan is designed to cope with global economic slowdown which has resulted in the deterioration of […]...

Dec 16th, 2008

The First 8 Chemical Projects Of China’s Ningxia Hui Autonomous Region Will Be Put Into Production By 2011

In the Ningxia Hui Autonomous Region group started China’s large coal project, including 8 chemical energy projects, and invested nearly 400 billion yuan. The first 8 projects are expected to be completed and put into production by 2011. It is a start date in the history of the largest coal base project in the construction […]...

Dec 16th, 2008

Carbon Fiber Developed In Jiangsu Breaks The International Monopoly

Before the official start of Jiangsu Province, the first 10 000 tons of China-made carbon fiber has been made up to mark Chinese developed carbon fiber manufacturing equipment and take the leading position in industrialization. The successful implementation of the project is expected to break the carbon fiber production monopoly of the United States and […]...

Dec 16th, 2008

Chinese Polysilicon Industry Reveals Significant Technological Progress

Social business, December 15. China’s polysilicon industry has been developing rapidly in recent years, both technology and production volume have boosted. The global financial crisis threatens the industry, but as well will make it to adjust to new conditions. Polysilicon is a new raw material in energy and information industries. Previously, only the United States, […]...

Dec 16th, 2008

Tianjin Invests 65,000,000,000 Yuan To Chemical Industry Park Building

December 11,  Social business hearing. Tianjin plans to invest 65, 000, 000, 000 yuan to Bohai Chemical Industry Park, with marine chemical, petrochemical, coal chemical close-knit. At present, the Bohai Chemical Industry Park construction is in its superfluous evolution. The building is located in the south side of Hong Kong port’s industrial zone and covers […]...

Dec 16th, 2008

Trisiliconchloride Accident in Yichang

Today, about 8:15, Yichang City, Hubei Province, Southern Glass company trichlorosilane leak occured. After the first news on the accident, city and district party committee and government have given great importance to prompt start of the emergency plan measures. Party Secretary Guo Ming, as well as Mayor Lee, has given main instructions. Ayalon Li, deputy […]...