Global coatings giants actively respond to the crisis
Friday, 08 May 2020
Recently, the global listed coating companies have disclosed the first quarter report, and mentioned the “new coronavirus pneumonia epidemic” in the quarterly report at the same time. Due to the negative impact of the epidemic, the performance of several coating giants in the first quarter of this year has been affected to varying degrees, and
Global oil demand market is facing malaise
Thursday, 30 April 2020
Recently, one disaster after another novel coronavirus pneumonia and the international oil price collapse were also hit by the two major conflicts, the Middle East and North Africa, which had been in conflict and economic turmoil. At present, novel coronavirus pneumonia cases in the Middle East have been diagnosed in 200 thousand cases, and the
The price trend of polyethylene market goes up
Tuesday, 28 April 2020
In April, the polyethylene market experienced a sharp rise and fall, crazy interpretation of the roller coaster market. In the early ten days, affected by the global epidemic, the demand for medical materials was urgent, while crude oil and futures strongly promoted, polypropylene fiber material took the lead in opening the crazy mode. The polyethylene
US Oil Price Drop Not Reflective of Global Sector
Friday, 24 April 2020
The West Texas Intermediate (WTI) price drop is not reflective of the oil and gas industry worldwide but is very specifically driven by the production and demand imbalance in the United States. That’s what Aberdeen-based Derek Leith,EY’ s Global Lead for 0il and Gas Tax,said in a statement sent to Rigzone on Tuesday. “Most of
EBITDA of chemical industry will drop by 10% this year
Monday, 20 April 2020
According to a recent report released by Moody’s Investors Service, a credit rating agency, the average EBITDA of chemical enterprises is expected to decline by more than 10% in 2020 due to the deterioration of the economic outlook. Moody’s predicted that the GDP of the United States and the euro area would decline, and the
The price of high melting fiber material skyrocketed
Thursday, 16 April 2020
The Western epidemic continues to expand, and the demand for medical supplies is also increasing. The price of high melting fiber materials continues to skyrocket, attracting a number of refining and chemical enterprises to convert to fiber materials. Driven by other products of polypropylene, the price is even higher than the sky. Due to the
Slightly excess capacity of soda ash
Thursday, 09 April 2020
Since the launch of soda ash, inventories have been accumulating and prices have fallen. From the supply side, there is a slight overcapacity. After the Spring Festival, with the resumption of soda ash enterprises, the supply exceeds the demand. From the demand side analysis, it is difficult to improve the output of the downstream glass
Back to the first annual report of “a”: in 2019, Jingao’s net profit increased by 74% to 1.25 billion yuan, with 10.26gw of components shipped
Friday, 03 April 2020
On the evening of March 29, Jingao technology released its 2019 annual report. During the reporting period, its operating revenue reached 21.16 billion yuan, a year-on-year increase of 7.67%; its net profit attributable to shareholders of listed companies reached 1.25 billion yuan, a year-on-year increase of 74.09%. It is worth noting that this is the
Biogas and biomethane can meet 20% of the world’s natural gas demand
Tuesday, 24 March 2020
According to the latest report released by IEA on Friday, the global supply of biogas and biomethane can meet 20% of the global demand for natural gas and reduce greenhouse gas emissions, Turkish news agency reported on March 22. The IEA explained that biogas provides local energy and heat for communities and clean cooking fuel
Methanol waiting Guide
Monday, 16 March 2020
Social public events have brought obvious impact on both sides of the methanol spot market supply and demand. At present, it is still in the process of gradual recovery, and the main futures contracts have been oscillating for nearly a month. In terms of supply, the inventory pressure of domestic methanol manufacturers is obvious, and