Epoxy
June 14, 2021
U.S. Vehicle Sales Top 19MM in April
June 14, 2021
U.S. Vehicle Sales Top 19MM in April
June 10, 2021
Chinese Epoxy Update
Epoxy resin is rising by RMB 6,700/ton! The domestic and international market may fall into the “two heavens of ice and fire”?
Echemi 2021-06-08
Judging from the list of commodity price rises and falls last week, there were only 4 products in the plasticization sector that rose month-on-month. The top 3 products were nitrile rubber (1.28%), PP fiber (0.77%), and PA6 (0.68%). .
The month-on-month decline in products reached 12, and the top 3 products were EVA (-3.91%), HIPS (-3.71%), and styrene-butadiene rubber (-3.34%).
It can be seen that the country’s regulation has been quite effective, and the domestic chemical raw materials are still mainly falling, but in contrast, overseas, the voices of price increases are still one after another! Sending out four or five price increase letters at a time is commonplace! The domestic and international market may fall into the “two heavens of ice and fire”?
Centralized suspension of production for 15 days,
Epoxy resin is rising by RMB 6,700/ton!
Recently, news came from the Huangshan area of Anhui that the Shexian Circular Economy Park will stop steam supply for annual maintenance at 10 am on June 7, 2021, and the furnace is expected to be shut down for about 15 days. Local epoxy resin companies remind customers that if they need to stock up, they can stock up in time.
The epoxy resin industry has been ups and downs since the beginning of this year. The supply of epoxy resins has been very unstable due to multiple factors such as environmental protection suspension and production restrictions, steam suspension, and annual maintenance. For 10 days, the furnace has been shut down for nearly half a month, which is expected to have an impact on the supply of products, or a reversal signal of the market since the epoxy resin peaked and plummeted in late April.
In foreign countries, epoxy resin has been the first to increase. Mitsubishi Chemical announced that it will increase the prices of epoxy resins and epoxy curing agents from June 1, including:
The increase of bisphenol A type/F type epoxy resin is 100 yen/kg (about 5822 yuan/ton),
The epoxy resin thinner series is 47~93 yen/kg (about 2736-5414 yuan/ton),
Special epoxy resin is 18-19 yen/kg (about 1048-1106 yuan/ton),
The epoxy resin hardener is 73-115 yen/kg (approximately 4249-6695 yuan/ton).
June 10, 2021
Chinese Epoxy Update
Epoxy resin is rising by RMB 6,700/ton! The domestic and international market may fall into the “two heavens of ice and fire”?
Echemi 2021-06-08
Judging from the list of commodity price rises and falls last week, there were only 4 products in the plasticization sector that rose month-on-month. The top 3 products were nitrile rubber (1.28%), PP fiber (0.77%), and PA6 (0.68%). .
The month-on-month decline in products reached 12, and the top 3 products were EVA (-3.91%), HIPS (-3.71%), and styrene-butadiene rubber (-3.34%).
It can be seen that the country’s regulation has been quite effective, and the domestic chemical raw materials are still mainly falling, but in contrast, overseas, the voices of price increases are still one after another! Sending out four or five price increase letters at a time is commonplace! The domestic and international market may fall into the “two heavens of ice and fire”?
Centralized suspension of production for 15 days,
Epoxy resin is rising by RMB 6,700/ton!
Recently, news came from the Huangshan area of Anhui that the Shexian Circular Economy Park will stop steam supply for annual maintenance at 10 am on June 7, 2021, and the furnace is expected to be shut down for about 15 days. Local epoxy resin companies remind customers that if they need to stock up, they can stock up in time.
The epoxy resin industry has been ups and downs since the beginning of this year. The supply of epoxy resins has been very unstable due to multiple factors such as environmental protection suspension and production restrictions, steam suspension, and annual maintenance. For 10 days, the furnace has been shut down for nearly half a month, which is expected to have an impact on the supply of products, or a reversal signal of the market since the epoxy resin peaked and plummeted in late April.
In foreign countries, epoxy resin has been the first to increase. Mitsubishi Chemical announced that it will increase the prices of epoxy resins and epoxy curing agents from June 1, including:
The increase of bisphenol A type/F type epoxy resin is 100 yen/kg (about 5822 yuan/ton),
The epoxy resin thinner series is 47~93 yen/kg (about 2736-5414 yuan/ton),
Special epoxy resin is 18-19 yen/kg (about 1048-1106 yuan/ton),
The epoxy resin hardener is 73-115 yen/kg (approximately 4249-6695 yuan/ton).
June 9, 2021
Bio Butanediol Project
Bio-BDO venture by Cargill and Helm
9 June 2021 – 0 Submitted by Andrew Warmington
Agribusiness giant Cargill and German chemical marketing and distribution firm Helm have formed a joint venture called Qore and will invest $300 million to build the first commercial-scale, renewable 1,4-butanediol (BDO) facility in the US. This will be located at Cargill’s biotechnology campus and corn refining operation in Eddyville, Iowa, and should be in operation in 2024.
Qore has licensed Genomatica’s BDO process technology and is using Cargill’s global feedstock supply and fermentation manufacturing expertise to produce at least 65,000 tonnes/year, under the brand name Qira. Helm will work with brand owners, OEMs and their suppliers to incorporate Qira into their products.
Qira is made via the fermentation of plant-based sugars and it is claimed, can reduce greenhouse gas emissions by 93% compared to the manufacture of the same chemical intermediates from fossil sources. Applications include fibres, biodegradable plastics, polyurethane coatings, sealants and artificial leathers.
https://www.specchemonline.com/bio-bdo-venture-cargill-and-helm
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