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The first PLA plant in the Middle East is born, led by the former CEO of Natureworks
On July 22, 2024, SS Royal Kit Emirates Investment, a UAE-based company, and Global Biopolymers Industries (GBI), a Hong Kong-based company, joined forces to form a new joint venture, Emirates Biotech, headquartered in Dubai, United Arab Emirates, with plans to...
Companies
Jul 26, 2024 30
EIA Revises Next Year's Oil Market Supply and Demand Forecast
Recently, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) that global oil market demand is expected to exceed supply next year.
Markets & Prices
Jul 26, 2024 27
Germany, Austria and Italy sign joint statement on Southern European Hydrogen Corridor
Recently, the governments of Germany, Austria and Italy signed a joint statement on the joint construction of Southern European Hydrogen Corridor.
Economies & Policies
Jul 24, 2024 32
Sweden aims to reach net zero carbon emissions by 2045
The European Commission recently approved a €3 billion (US$3.21 billion) support plan for Swedish carbon capture and storage (CCS) to help Sweden reach its net zero carbon emissions target by 2045.
Economies & Policies
Jul 19, 2024 28
Russia plans to cut crude oil production to compensate for OPEC+ oil surplus
Russia plans to further cut crude oil production in the warm season this year and next to compensate for exceeding OPEC+ quotas, according to people familiar with the matter.
Economies & Policies
Jul 18, 2024 47
Malaysia takes multiple measures to increase rubber production capacity
Recently, the Ministry of Plantation and Commodities (KPK) of Malaysia said that it is studying the integration or unification of production models of small farmers with rubber plantations between...
Economies & Policies
Jul 17, 2024 25
The German government has signed the first "green hydrogen" supply contract
The German Ministry of Economy announced on July 11 that it had signed a corresponding supply agreement with Fertiglobe in the UAE. From 2027 to 2032, at least 259,000 tons of ammonia will be shipped from Egypt to Germany by ship.
Economies & Policies
Jul 16, 2024 28
Mitsui Chemicals plans to use AI to develop new products
Recently, Mitsui Chemicals announced that it has started a collaborative project with Blueqat Co., Ltd. to combine advanced technologies such as natural language processing and quantum computing to...
Companies
Jul 15, 2024 37
Honeywell acquires Air Products' LNG process technology and equipment business for $1.81 billion
On July 10, Honeywell and Air Products jointly announced that Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in cash.
Companies
Jul 12, 2024 97
Brazil makes preliminary anti-dumping ruling on phthalic anhydride from China
On July 5, 2024, the Ministry of Development, Industry, Trade and Services of Brazil issued Announcement No. 31 of 2024, making a positive preliminary anti-dumping ruling on...
Economies & Policies
Jul 11, 2024 119
Recommended
The first PLA plant in the Middle East is born, led by the former CEO of Natureworks
On July 22, 2024, SS Royal Kit Emirates Investment, a UAE-based company, and Global Biopolymers Industries (GBI), a Hong Kong-based company, joined forces to form a new joint venture, Emirates Biotech, headquartered in Dubai, United Arab Emirates, with plans to...
PLA
Plant
Natureworks
Jul 26, 2024
EIA Revises Next Year's Oil Market Supply and Demand Forecast
Recently, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) that global oil market demand is expected to exceed supply next year.
EIA
Forecast
Jul 26, 2024
Malaysia takes multiple measures to increase rubber production capacity
Recently, the Ministry of Plantation and Commodities (KPK) of Malaysia said that it is studying the integration or unification of production models of small farmers with rubber plantations between...
Malaysia
Rubber
Jul 17, 2024
Brazil makes preliminary anti-dumping ruling on phthalic anhydride from China
On July 5, 2024, the Ministry of Development, Industry, Trade and Services of Brazil issued Announcement No. 31 of 2024, making a positive preliminary anti-dumping ruling on...
Brazil
China
Anti-dumping
Regulation
Jul 11, 2024
Breaking news: Japan forces manufacturers to use recycled plastics in plastic products, and the EU launches an anti-dumping investigation on epoxy resins from China!
Japan plans to amend the Law for Promotion of Effective Utilization of Resources as early as next year's regular parliamentary session. It is expected that...
Japan
EU
Law
Jul 03, 2024
The United States launches "The Compostable Product Labeling Act"
On June 25, Colorado's "The Compostable Product Labeling Act" is scheduled to take effect on July 1, 2024.
U.S.
Act
Colorado
Environmental
Jun 27, 2024