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Lithium carbonate supply is expected to be loose in March and prices are expected to be weak
Market analysis: Domestic lithium carbonate was weak in early March. As of March 5, the average price of battery-grade lithium carbonate was 76,700 yuan/ton, down 2.66% from 78,800 yuan/ton at the beginning of the year and 28.58% from 107,400 yuan/ton in the same period last year; the average pri...Read more -
Phthalic anhydride market continues to be under pressure and prices are falling significantly
From the perspective of raw materials, Sinopec’s o-xylene price remains stable for the time being, while the market performance of industrial naphthalene, the raw material for naphthalene-based phthalic anhydride, is weak and prices continue to fall. The decline in raw material prices has w...Read more -
Pharmaceutical and Chemical Water Treatment Forum Held in Jinan
On March 4, 2025, the “Pharmaceutical and Chemical Water Treatment New Technologies, Processes, and Equipment Development Forum” took place in Jinan, China. The forum focused on addressing the complex and toxic wastewater generated by the pharmaceutical and chemical industries. Partic...Read more -
Chemical Industry Faces Challenges and Opportunities in 2025
The global chemical industry is expected to navigate significant challenges in 2025, including sluggish market demand and geopolitical tensions. Despite these hurdles, the American Chemistry Council (ACC) predicts a 3.1% growth in global chemical production, driven primarily by the Asia-Pacific r...Read more -
Trimethylolpropane (abbreviated as TMP)
Trimethylolpropane (TMP) is a crucial fine chemical raw material with extensive applications, spanning fields such as alkyd resins, polyurethanes, unsaturated resins, polyester resins, and coatings. Additionally, TMP is utilized in the synthesis of aviation lubricants, printing inks, and serves a...Read more -
The output of chemical products is rising, rising, rising…
Driven by robust demand in sectors such as new energy vehicles, electronic appliances, and textile and apparel, the production of chemical products has seen a significant increase in 2024, with nearly 80% of chemical products experiencing varying degrees of growth. The electronic appliances secto...Read more -
Smart Manufacturing and Digital Transformation in the Chemical Industry
The chemical industry is embracing smart manufacturing and digital transformation as key drivers of future growth. According to a recent government guideline, the industry plans to establish around 30 smart manufacturing demonstration factories and 50 smart chemical parks by 2025. These initiativ...Read more -
Green and High-Quality Development in the Chemical Industry
The chemical industry is undergoing a significant transformation towards green and high-quality development. In 2025, a major conference on green chemical industry development was held, focusing on extending the green chemical industry chain. The event attracted over 80 enterprises and research i...Read more -
Closed! An accident occurred in an epichlorohydrin plant in Shandong! Glycerin price rises again
On February 19, an accident occurred in an epichlorohydrin plant in Shandong, which attracted market attention. Affected by this, epichlorohydrin in Shandong and Huangshan markets suspended quotation, and the market was in a wait-and-see mood, waiting for the market to b...Read more -
Chemical Industry Embraces Circular Economy Principles in 2025
In 2025, the global chemical industry is making significant strides towards embracing circular economy principles, driven by the need to reduce waste and conserve resources. This shift is not only a response to regulatory pressures but also a strategic move to align with the growing consumer dema...Read more
