News
-
Analysis of the recent domestic PVC export market trend.
According to customs statistics, in August 2022, my country’s export volume of PVC pure powder decreased by 26.51% month-on-month and increased by 88.68% year-on-year; from January to August, my country exported a total of 1.549 million tons of PVC pure powder, an increase of 25.6% compared with the same period last year. In September, the performance of my country’s PVC export market was average, and the overall market operation was weak. The specific performance and analysis are as follows. Ethylene-based PVC exporters: In September, the export price of ethylene-based PVC in East China was around US$820-850/ton FOB. After the company entered the middle of the year, it began to close externally. Some production units faced maintenance, and the supply of PVC in the region de... -
Chemdo launches a new product —— Caustic Soda ！
Recently，Chemdo decided to launch a new product —— Caustic Soda .Caustic Soda is a strong alkali with strong corrosiveness, generally in the form of flakes or blocks, easily soluble in water (exothermic when dissolved in water) and forms an alkaline solution, and deliquescent Sexually, it is easy to absorb water vapor (deliquescent) and carbon dioxide (deterioration) in the air, and itcan be added with hydrochloric acid to check whether it is deteriorated. -
The output of BOPP film continues to increase, and the industry has great potential for development.
Biaxially oriented polypropylene film (BOPP film for short) is an excellent transparent flexible packaging material. Biaxially oriented polypropylene film has the advantages of high physical and mechanical strength, light weight, non-toxicity, moisture resistance, wide application range and stable performance. According to different uses, biaxially oriented polypropylene film can be divided into heat sealing film, label film, matte film, ordinary film and capacitor film. Polypropylene is an important raw material for biaxially oriented polypropylene film. Polypropylene is a thermoplastic synthetic resin with excellent performance. It has the advantages of good dimensional stability, high heat resistance and good electrical insulation, and is in great demand in the packaging field. In 2... -
Xtep launches PLA T-shirt .
On June 3, 2021, Xtep released a new environmentally friendly product-polylactic acid T-shirt in Xiamen. Clothes made of polylactic acid fibers can be naturally degraded within one year when buried in a specific environment. Replacing plastic chemical fiber with polylactic acid can reduce the harm to the environment from the source. It is understood that Xtep has established an enterprise-level technology platform – “Xtep Environmental Protection Technology Platform”. The platform promotes environmental protection in the whole chain from the three dimensions of “environmental protection of materials”, “environmental protection of production” and “environmental protection of consumption”, and has become the main driving force of the ... -
Global PP market faces multiple challenges.
Recently, market participants predicted that the supply and demand fundamentals of the global polypropylene (PP) market will encounter many challenges in the second half of 2022, mainly including the new crown pneumonia epidemic in Asia, the start of the hurricane season in the Americas, and the conflict between Russia and Ukraine. In addition, the commissioning of new production capacity in Asia may also affect the PP market structure. Asia’s PP oversupply concerns.Market participants from S&P Global said that due to the oversupply of polypropylene resin in the Asian market, production capacity will continue to expand in the second half of 2022 and beyond, and the epidemic is still affecting demand. The Asian PP market may face challenges. For the East Asian market, S&P ... -
Starbucks launches biodegradable ‘grounds tube’ made of PLA and coffee grounds.
Starting from April 22, Starbucks will launch straws made of coffee grounds as raw materials in more than 850 stores in Shanghai, calling it “grass straws”, and plans to gradually cover stores nationwide within the year. According to Starbucks, the “residue tube” is a bio-explainable straw made of PLA (polylactic acid) and coffee grounds, which degrades more than 90% within 4 months. The coffee grounds used in the straw are all extracted from Starbucks’ own coffee. use. The “slag tube” is dedicated to cold drinks such as Frappuccinos, while hot drinks have their own ready-to-drink lids, which do not require straws. -
Alpha-olefins, polyalpha-olefins, metallocene polyethylene!
On September 13, CNOOC and Shell Huizhou Phase III Ethylene Project (referred to as Phase III Ethylene Project) signed a “cloud contract” in China and the United Kingdom. CNOOC and Shell respectively signed contracts with CNOOC Petrochemical Engineering Co., Ltd., Shell Nanhai Private Co., Ltd. and Shell (China) Co., Ltd. signed three agreements: Construction Service Agreement (CSA), Technology License Agreement (TLA) and Cost Recovery Agreement (CRA), marking the start of the overall design phase of the Phase III ethylene project. Zhou Liwei, member of the CNOOC Party Group, Deputy General Manager and Secretary of the Party Committee and Chairman of CNOOC Refinery, and Hai Bo, member of the Executive Committee of Shell Group and President of Downstream Business, attended an... -
Luckin Coffee will use PLA straws in 5,000 stores nationwide.
On April 22, 2021 (Beijing), on Earth Day, Luckin Coffee officially announced a new round of environmental protection plans. On the basis of the full use of paper straws in nearly 5,000 stores across the country, Luckin will provide PLA straws for non-coffee ice drinks from April 23, covering nearly 5,000 stores nationwide. At the same time, within the next year, Luckin will realize the plan to gradually replace single-cup paper bags in stores with PLA, and will continue to explore the application of new green materials. This year, Luckin has launched paper straws in stores nationwide. Due to its advantages of being hard, foam-resistant, and almost free of odor, it is known as the “top student of paper straws”. In order to make the “ice drink with ingredients” t... -
The domestic paste resin market fluctuated downward.
After the Mid-Autumn Festival holiday, the early shutdown and maintenance equipment resumed production, and the domestic paste resin market supply has increased. Although the downstream construction has improved compared with the previous period, the export of its own products is not good, and the enthusiasm for the purchase of paste resin is limited, resulting in paste resin. Market conditions continued to decline. In the first ten days of August, due to the increase in export orders and the failure of mainstream production enterprises, domestic paste resin manufacturers have raised their ex-factory quotations, and downstream purchases have been active, resulting in a tight supply of individual brands, which has promoted the continuous recovery of the domestic paste resin market. East... -
Chemdo’s exhibition room has been renovated .
At present, the entire exhibition room of Chemdo has been renovated, and various products are displayed on it, including PVC resin, paste pvc resin, PP, PE and degradable plastic. The other two showcases contain different items which are made from the above products such as: pipes, window profiles, films, sheets, tubes, shoes, fittings, etc. In addition, our photographic equipment has also changed to better ones. The filming work of the new media department is in progress in an orderly manner, and I hope to bring you more sharing about the company and products in the future. -
ExxonMobil Huizhou ethylene project starts construction of 500,000 tons/year LDPE.
In November 2021, ExxonMobil Huizhou ethylene project held a full-scale construction activity, marking the entry of the project’s production unit into the full-scale formal construction stage. ExxonMobil Huizhou Ethylene Project is one of the first seven major landmark foreign-funded projects in the country, and it is also the first major petrochemical project wholly-owned by an American company in China. The first phase is planned to be completed and put into operation in 2024. The project is located in Daya Bay Petrochemical Zone, Huizhou. The total investment of the project is about 10 billion US dollars, and the overall construction is divided into two phases. The first phase of the project includes a flexible feed steam cracking unit with an annual output of 1.6 million tons... -
Macro sentiment improved, calcium carbide fell, and PVC price fluctuated rising.
Last week, PVC rose again after a short period of decline, closing at 6,559 yuan/ton on Friday, a weekly increase of 5.57%, and the short-term price remained low and volatile. In the news, the external Fed’s interest rate hike stance is still relatively hawkish, but the relevant domestic departments have recently introduced a number of policies to bail out real estate, and the promotion of delivery guarantees has improved expectations for real estate completion. At the same time, the domestic hot and off-season is coming to an end, boosting market sentiment. At present, there is a deviation between the macro-level and fundamental trading logic. The Fed’s inflation crisis has not been lifted. A series of important U.S. economic data released earlier were generally better than expected. C...