Covestro Acquires Two HDI Production Sites

Covestro Acquires Two HDI Production Sites

On August 14, Covestro Group announced it had agreed to acquire two independent hexamethylene diisocyanate (HDI) production sites in Freeport, Texas, and Rayong, Thailand.
Companies
2025-08-22
72
Britain's largest plant may close soon

Britain's largest plant may close soon

British media recently reported that Britain's largest chemical plant is struggling to survive and faces the risk of closure due to soaring energy costs.
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The US cuts $3.7 billion in green energy investment

The US cuts $3.7 billion in green energy investment

The U.S. Department of Energy recently announced that it has canceled 24 green energy projects awarded during the Biden administration, totaling over $3.7 billion in government funding.
Economies & Policies
2025-08-11
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DIC Decides to Build a New Epoxy Resin Production Facility at its Chiba Plant

DIC Decides to Build a New Epoxy Resin Production Facility at its Chiba Plant

DIC Corporation is committed to providing unique solutions in the field of "electronic chemicals," focusing on the development of semiconductor packaging materials and materials for cutting-edge electronic components, for which......
Companies
2025-08-11
123
Global natural gas flaring hits an 18-year high

Global natural gas flaring hits an 18-year high

The World Bank recently released its annual Gas Flaring Tracker, reporting that global natural gas flaring reached 151 billion cubic meters last year, the highest level since 2007.
Markets & Prices
2025-08-08
157
India Will Continue to Purchase Russian Oil

India Will Continue to Purchase Russian Oil

Indian government sources told the media that India and Russia have signed a long-term oil supply contract and will not halt the deal in the short term.
Economies & Policies
2025-08-06
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South Korea's temporary anti-dumping duty on petroleum resins from China is extended to July 31, 2025

South Korea's temporary anti-dumping duty on petroleum resins from China is extended to July 31, 2025

Recently, the Ministry of Strategy and Finance of South Korea issued Announcement No. 2025-110, extending the deadline for temporary anti-dumping duties on petroleum resins from mainland China and Taiwan from June 20, 2025 to July 31, 2025.
Economies & Policies
2025-06-09
622
BASF German battery recycling plant put into operation

BASF German battery recycling plant put into operation

Recently, BASF announced that the Black Mass plant in Schwarzheide, Germany has been successfully put into commercial operation.
Companies
2025-06-05
536
Celanese announces intention to divest two businesses

Celanese announces intention to divest two businesses

Recently, American chemical giant Celanese announced its intention to divest its advanced electronic ink and paste business to advance the company's cash generation and deleveraging strategy.
Companies
2025-05-12
620
DuPont plans to spin off its electronics business

DuPont plans to spin off its electronics business

DuPont recently announced that the name of the electronics company to be spun off and listed independently is "Qnity Electronics".
Companies
2025-05-08
773

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