NEWS
Green hydrogen future needs to overcome high production and transportation costs
There is a lot of optimism about the future of green hydrogen, which many believe will be a derivative option to replace petroleum and highly competitive with battery technology. However, due to the small scale and high cost of production, we are still a long way from achieving this goal.
Jul 19,2023
Global Chemical Industry M&A Outlook in 2023
M&A activity in the chemical industry started 2022 with an optimistic outlook for continuing the strong momentum of the previous year, with 158 deals in the first quarter. However, many unfavorable factors such as geopolitical tensions in Europe, fluctuations in energy prices, tightening credit markets, and declining market demand in 2022 will have a major impact on the global chemical industry
Jul 31,2023
Sinopec's brand value exceeds 358.6 billion yuan, ranking first in the energy and chemical industry for 7 consecutive years
On May 11, according to the Sinopec Information Office, the 2023 China Brand Value Evaluation Information Release and China Brand Building Summit Forum was held in Deqing, Zhejiang. Sinopec was awarded the title of "Brand Building Leader" for the first time, with a brand value of 358.621 billion yuan, an increase of 31.05 billion yuan, and ranked first in the energy and chemical industry for 7 consecutive years.
Aug 08,2023
About formic acid
Formic acid is one of the basic organic chemical raw materials, widely used in pesticides, leather, textiles, printing and dyeing, pharmaceuticals, and rubber industries. It can also be used to produce various solvents, plasticizers, rubber coagulants, animal feed additives, and new processes for synthesizing insulin.
Oct 31,2023
Global Chemical Industry M&A Outlook in 2023
M&A activity in the chemical industry started 2022 with an optimistic outlook for continuing the strong momentum of the previous year, with 158 deals in the first quarter. However, many unfavorable factors such as geopolitical tensions in Europe
Aug 14,2023
China will help the recovery of the global chemical market
For the chemical industry, 2023 is destined to be a difficult year. Profitability of chemical companies fell short of expectations amid weakening demand and overcapacity. German chemical giant BASF (BASF) recently announced preliminary data for its second-quarter performance, significantly lowering its performance expectations for this year, and blaming it on sluggish global industrial output and declining demand for consumer goods.
Jul 19,2023
Chemical Industry Classification Knowledge
Chemical Industry Classification Knowledge
Chemical industry, chemical engineering, and chemical technology are all referred to as chemical industry for short. The chemical industry includes petrochemical, agricultural chemical, chemical medicine, polymer, paint, oil, etc.
Jul 17,2023
The 2023 annual strategy of the chemical industry: demand is expected to recover, optimistic about the medium and long-term development prospects of integrated leaders and new materials in 2023
The 2023 annual strategy of the chemical industry: demand is expected to recover, optimistic about the medium and long-term development prospects of integrated leaders and new materials in 2023
The current industry valuation is at a low level. To maintain the industry outperform rating, it is recommended to focus on four main lines of investment.
Key points supporting the rating
Jul 10,2023
Global Chemical Industry in 2023
Global Chemical Industry in 2023
M&A Outlook for the Global Chemical Industry in 2022
Weakness in M&A activity Chemicals M&A activity started 2022 with optimism that it could continue the strong momentum of the previous year, with 158 deals in the first quarter. However, many unfavorable factors such as geopolitical tensions in Europe
Jul 04,2023
The price of PVC fell to a three-year low, what is the future of the market?
As the saying goes, extremes must be reversed. In the past three years, the PVC market has experienced a process from weak to strong and then from prosperity to decline. At the beginning of 2020, the global new crown epidemic broke out
Jun 27,2023
Petrochemical and chemical industry
The petrochemical and chemical industry is one of the key and key industries to promote the high-quality development of my country's economy. It has a long industrial chain, a wide variety of products, and a wide range of fields. It is related to the steady development of the economy, the stability and safety of the industrial chain supply chain, green and low-carbon transformation, and the improvement of people's livelihood.
Jun 19,2023
The prosperity index of the petrochemical industry in June
In June, after China's economic recovery entered a stable period, there were some fluctuations. According to the data from the National Bureau of Statistics, in June 2023, the manufacturing PMI fell to 48.8, a decrease of 0.4 percentage points from April, and raw material inventory is a weak point. The supply and demand of the real estate market in key cities continued to be weak, the market activity declined, and the pressure on real estate destocking increased.
Jun 19,2023
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