Chemical

On August 27, China's National Bureau of Statistics released data showing that in the first seven months of 2025, industrial enterprises above designated size achieved a total profit of RMB 4.02035 trillion, down 1.7% year-on-year (YoY).

The government will introduce a series of supportive policies to assist the high-quality development of China's chemical new materials industry, which will undoubtedly provide a huge opportunity for the entire sector.

These updates are based on recent amendments to EU regulations such as REACH, POPs, CLP, and BPR, and are aimed at strengthening control over chemicals involved in international trade.

The main structure of the world's largest compressed carbon dioxide (CO₂) energy storage facility-jointly developed by China Huadian Corporation and Dongfang Electric Corporation-has officially topped out.

Xinjiang Tianye Huixiang New Materials Co., Ltd. successfully commissioned its 104,000 tons/year ultra-pure ethanol dehydration unit, a key part of its 225,000 tons/year high-performance resin feedstock project.

The combined chemical revenue of the world's top 50 chemical companies reached RMB 7.55 trillion, down just 1.0% year-on-year-a 4.9 percentage point improvement from 2023.

China Railway Construction Kunlun Investment Group has officially launched the country's largest bromine production project

Xuyang Group, a leading Chinese chemical company, has successfully commissioned its 5,000-ton-per-year amino alcohol production facility in its Dingzhou Industrial Park, Hebei Province.

Considering both domestic and global factors, the outlook for China's acrylonitrile market in the second half of 2025 suggests a higher probability of declining prices in the early months followed by a moderate rebound.

In the first half of 2025, China's chlorohydrin-based propylene oxide (PO) production cost averaged RMB 8,097 per ton

In the second quarter of 2025, the national industrial capacity utilization rate for large-scale enterprises stood at 74.0%.

In a move to streamline import-export processes and support business operations, Vietnamese authorities have announced a significant policy adjustment concerning the clearance of certain chemical products.

Recently, Yankuang Lunan Chemical Co., Ltd., a subsidiary of Shandong Energy Group, successfully passed the preliminary completion inspection for its 300,000-ton-per-year caprolactam project

The Vietnamese National Assembly overwhelmingly passed the Revised Chemical Law, marking a significant step forward in promoting green development and digital transformation in the country's chemical industry.

Xinjiang Huachun Energy Co., Ltd. successfully commissioned its 200,000-ton methylal oxidation-to-formaldehyde production facility, achieving full-capacity output of qualified products in a single startup.

As the world's largest supplier of high-grade strontium carbonate, Iran controls 85% of global high-quality reserves and supplies 70% of China's imports.

The National Bureau of Statistics of China (NBS) released data on June 16, showing that in May, the value-added output of industrial enterprises above the designated size grew by 5.8% year-on-year (YoY).

Effective July 4, 2025, Brazil will officially enforce the revised version of the national standard for the GHS classification, Safety Data Sheets (SDS), and labeling of chemicals

Recently, Japan's Ministry of Economy, Trade, and Industry (METI) announced updates to the import customs procedures for chemicals under the Chemical Substances Control Law (CSCL).

To meet the ambitious European targets, it’s necessary for cross-industry collaboration to develop viable solutions to divert waste away from landfills.

BASF holds multiple industry-leading titles, such as being the largest global producer of antioxidants, TPU, PA66, PA6, and PBT. It is also the top supplier of automotive chemicals, dominating several specialized markets worldwide.

On November 15, 2024, the Brazilian Official Gazette announced that Brazil's REACH regulation, Law 15.022, has officially come into force.