News
Japan’s Sumitomo Chemical expects consolidated final profit and loss in fiscal 2023 (ending March 2024) to post a final loss for the first time in 11 years
Japan’s Sumitomo Chemical expects a consolidated final profit and loss of 95 billion yen in fiscal 2023 (ending March 2024). It will be the first final loss in 11 years since fiscal 2012. Looking at t…
BYD is stepping up efforts to build overseas factories
BYD (BYD) is stepping up its efforts to build factories overseas. It plans to build factories in more than five locations, including those in Thailand, Brazil, and Europe. The ability to establish pri…
Sinopec and Qatar Energy sign another major LNG order
On November 4, during the Sixth China International Import Expo, Sinopec and Qatar Energy signed an integrated cooperation agreement for the second phase of the Northern Gas Field Expansion Project (N…
Announcement of Environmental Impact Assessment of Shanxi’s 25,000-ton Lithium Battery Anode Material Project
On November 3, the public participation in the environmental impact assessment of Shanxi Ansheng Technology Development Co., Ltd.’s 25,000-ton annual lithium battery anode material pre-carbonize…
Lubrizol will continue to increase investment in China
Recently, the 2023 Lubrizol Innovation Trend Summit was held in Fuzhou. At this summit, the relevant person in charge of Lubrizol stated that they will continue to increase investment to strengthen Ch…
The first domestic POE industrial production device was delivered!
On October 30, 2023, the 30,000 tons/year special polyolefin and supporting project of Hainan Beoyi Technology Co., Ltd. (referred to as “Beoyi Company”) was handed over. The project is fu…
Exclusive interview with BASF Greater China President: Optimistic about China and Guangdong, will accelerate base construction
According to data recently released by the National Bureau of Statistics, in the first three quarters of 2023, China’s economic recovery has become more obvious. The continued improvement of China’s e…
Chevron invests heavily in acquiring Hess Petroleum
Recently, Chevron, the second largest oil and gas producer in the United States, announced that it will acquire Hess, the fourth largest oil company in the United States, in an all-stock transaction w…
Meirui New Materials: PBS business has completed the construction of sales channels and is one of the key development directions in the future
Recently, Meirui New Materials has received surveys from a number of institutions. According to the investor relations activity record, Meirui New Materials’ PBS business is currently progressing rela…
Nippon Automotive Refinish Coatings acquires D-Act Company Ltd.
Recently, Thailand’s leading automotive aftermarket coatings and commercial vehicle (CV) coatings company NP Auto Refinishes Co, Ltd (a subsidiary of Nipsee Group) announced the successful acquisition…
