Hotline+84 0274 3801099

News

Downstream Demand——Foot-Dragger to PO

PO market is in a new round of fluctuation ascribed to environmental protection policies, downstream demand, and additional PO capacity.
Polypropylene suffers lower futures whilst powder market remains loss, with several factories shut down to surpass the propylene price. Notwithstanding the current high price, propylene is likely to move...

Adipic Acid——An Unsparing Fall

Imperiled by non interests, benzene price dives down. Adding to tight supply plus the high price of pure MDI constraining the operation downstream, adipic acid (AA) market sets out falling from the middle March. As for April, the downtrend goes further, notwithstanding the high quotation. Benzene market turns to downward...

2017 Q1 PMDI Customs Data

China PMDI export stands about 121.8 kt in the first quarter, up by 34.28% over the same period in 2016. Meanwhile, China PMDI import registers about 68.6 kt, a year-on-year growth of 19.30%. The difference is 53.2 kt, while the figure records 33.2 kt last year, suggesting a rise of...

ChemChina and Sinochem Plan Merger

ChemChina and Sinochem are planning to merge next year, creating the world’s largest chemicals group with $100bn of revenues, according to several senior bankers in Asia.
The merger would follow ChemChina’s $43bn purchase of Swiss agrochemicals leader Syngenta, which was backed by 80 per cent of the Swiss group’s shareholders...

China Polyether Polyols Supply and Demand Status Analysis

Thanks to the capacity expansion of domestic polyether polyols, China’s polyether polyols capacity reaches 4870 kt/year, account for 43.1% of the global capacity. Domestic polyether polyols output reached 2640 kt and 2580 kt for domestic consumption by the end of 2016. It seems that the supply exceeds the demand. But...

Oil FO

Mazut oil, also known as fuel oil or FO oil, is the heavy fraction obtained by distillation of paraffin and asphalt oil at atmospheric pressure and in vacuum. FO oils have a high boiling point. In technical terms people are sometimes divided into light FO and FO heavy. Therefore, the...

Cashew Oil

Cashew oils is products which extracted from cashew shell. Only has 3 countries where produce in the world such as: Vietnamese, Indian, Brazil. Cashew oil is the first product obtained after the injection, filtered, distilled and be used as the alternative industrial fuel for FO
The cashew oils that is...

Huntsman Completes Acquisition of IFS Chemicals Limited

Huntsman announced that it has completed the acquisition of IFS Chemicals Limited, one of the UK's leading independent formulators of methylene diphenyl diisocyanate based systems. The purchase price was not disclosed. Located in Kings Lynn, England, IFS was established more than 35 years ago and its customized MDI systems are...

Nuovomondo has participated in PU Tech India 2017

The 5th edition of India’s largest polyurethane Exhibition and conference PU-Tech 2017 organized by Indian Polyurethane organization (8th -10th March 2017) successfully concluded in India Expo Centre, Greater Noida. With an objective to discuss solutions for a comprehensive growth in technology & markets, it was attended by more than 5000...