Chemical

In a major breakthrough, Sinopec unveiled its independently developed 60K large-tow carbon fiber -the 'King of New Materials' at an international composites exhibition this September.

Recently, the world's largest green methanol production project-Jinfeng Technology Xing'an League Green Hydrogen-to-Green Methanol Project successfully completed its gasifier process validation in China.

Chinese titanium dioxide suppliers executed their fifth price hike, pushing domestic and export rates higher through late 2025.

BASF hits key milestones at Zhanjiang with new plant start-up and ethylene complex completion. This solid progress keeps the site on track for full 2025 operations.

FILM & TAPE EXPO 2025 in Shenzhen to gather global industry leaders this October, showcasing the latest innovations across the functional film and adhesive tape supply chain.

China's major industrial firms saw profits grow 0.9% year-on-year to over 4.69 trillion yuan in the first eight months, official data shows, signaling steady economic recovery.

Chinese researchers achieve breakthrough with near-total atom utilization in catalysis, paving the way for greener, more efficient chemical production.

Global chemical markets navigated a volatile September, caught between strong expectations and muted reality. Key drivers were the US Fed's rate decision and China's 'counter-involution' policies.

China's API sector is transforming, driven by shifting costs, currency moves, and a strategic shift towards innovative drugs.

Cobalt prices surged over 12% this week, hitting 309,300 yuan per tonne. The sharp rise from 275,000 yuan just days earlier highlights significant market volatility.

Europe's chemical industry faces a 'multiple crisis' as weak domestic demand collides with major new overseas production capacity, a senior leader warns.

In mid-September, methanol prices were regionally split, weakening in Asia on high Chinese inventories but strengthening in the US due to plant maintenance.

CNCEC and an Indonesian partner have signed an EPC contract for a major green methanol and DME project, marking a substantive step in bilateral cooperation on biomass-based clean energy.

At the 2025 APPEC in Singapore, S&P Global analysts projected that Asia's olefins oversupply could persist for three to four years, with slowing new investment.

Among them, the oil and natural gas extraction industry increased by 4.7%, while the chemical raw materials and chemical products manufacturing industry grew by 7.6%.

On August 27, China's National Bureau of Statistics released data showing that in the first seven months of 2025, industrial enterprises above designated size achieved a total profit of RMB 4.02035 trillion, down 1.7% year-on-year (YoY).

The government will introduce a series of supportive policies to assist the high-quality development of China's chemical new materials industry, which will undoubtedly provide a huge opportunity for the entire sector.

These updates are based on recent amendments to EU regulations such as REACH, POPs, CLP, and BPR, and are aimed at strengthening control over chemicals involved in international trade.

The main structure of the world's largest compressed carbon dioxide (CO₂) energy storage facility-jointly developed by China Huadian Corporation and Dongfang Electric Corporation-has officially topped out.

Xinjiang Tianye Huixiang New Materials Co., Ltd. successfully commissioned its 104,000 tons/year ultra-pure ethanol dehydration unit, a key part of its 225,000 tons/year high-performance resin feedstock project.

The combined chemical revenue of the world's top 50 chemical companies reached RMB 7.55 trillion, down just 1.0% year-on-year-a 4.9 percentage point improvement from 2023.

China Railway Construction Kunlun Investment Group has officially launched the country's largest bromine production project

Xuyang Group, a leading Chinese chemical company, has successfully commissioned its 5,000-ton-per-year amino alcohol production facility in its Dingzhou Industrial Park, Hebei Province.

Considering both domestic and global factors, the outlook for China's acrylonitrile market in the second half of 2025 suggests a higher probability of declining prices in the early months followed by a moderate rebound.

In the first half of 2025, China's chlorohydrin-based propylene oxide (PO) production cost averaged RMB 8,097 per ton

In the second quarter of 2025, the national industrial capacity utilization rate for large-scale enterprises stood at 74.0%.

In a move to streamline import-export processes and support business operations, Vietnamese authorities have announced a significant policy adjustment concerning the clearance of certain chemical products.

Recently, Yankuang Lunan Chemical Co., Ltd., a subsidiary of Shandong Energy Group, successfully passed the preliminary completion inspection for its 300,000-ton-per-year caprolactam project

The Vietnamese National Assembly overwhelmingly passed the Revised Chemical Law, marking a significant step forward in promoting green development and digital transformation in the country's chemical industry.

Xinjiang Huachun Energy Co., Ltd. successfully commissioned its 200,000-ton methylal oxidation-to-formaldehyde production facility, achieving full-capacity output of qualified products in a single startup.