G20 summit during the decline in operating rates
Before the Opec summit in Hangzhou, the country for the high polluting industries to carry out strict inspection and control for phosphate fertilizer industry, the direct performance is the surrounding Anhui, Jiangsu, Henan, Hubei and other places sewage unqualified enterprises shut down all qualified enterprises device also remain low, but in December this year from the beginning of this year by the month, the second installment of the central environment protection inspectors work started, Hubei, Shandong, Henan and other places of chemical fertilizer enterprises operating rate decreased to some extent, the individual business unit or a full stop!
Billions intends 9 billion acquisition of Sichuan longmang

The evening of September 18th, billions billions will disclose the corresponding plans, price of 7.62 yuan / share issue 1 billion 300 million shares, to raise funds of about 10 billion yuan, of which 9 billion yuan for the acquisition of 100% stake in Lomon titanium industry. This means that the domestic titanium dioxide industry ranked second in the billions, ranked first, with 300 thousand tons / year titanium dioxide production income Lomon titanium capsule. In terms of the total production capacity of 560 thousand tons, will be among the first in Asia, a large global titanium dioxide production enterprises fourth.
Increasing the cost of transport vehicles

Ministry of transport, Ministry of public security, “Regulations on the administration of highway vehicles exceeding traffic” (hereinafter referred to as the “new regulations”) have been implemented since September 21st. In a nationwide joint remediation highway truck illegal overloading behavior special action, known as “the history of the most stringent limit of super order began to implement, have a direct impact on the fertilizer market, transportation costs increase, fertilizer automotive costs rose 10-30 yuan / ton; Qinghai, Xinjiang, Zhengzhou Railway Bureau reported a corresponding preferential tariff cancel.
BASF chemical plant explosion

South Korea’s titanium dioxide made anti-dumping affirmative preliminary determination
In May 26th, South Korea Trade Commission made anti-dumping affirmative preliminary determination for Joaquin rutile titanium dioxide, but decided the product not levy provisional anti-dumping duties.
Turkey PV products launched anti-dumping investigation

In July 1st, the Ministry of economy of Turkey issued an official communique, decided that domestic enterprises should apply, originating in the China PV (haiguanshuihao soil 8541.40.90.00.11) initiated anti-dumping investigations. Interested parties shall submit information to the local investigation organ within 37 days from the date of filing.
China chemical approved the acquisition of Syngenta
In August 22nd, Chinese chemical and Syngenta announced that the Committee on foreign investment (CFIUS) approved the deal. According to the announcement, the transaction is still pending antitrust assessment of the world’s national regulators. The transaction is expected to be completed by the end of the year.

The supplier has a high-tech polymer cosmos before the date of return to normal production. Since October 6th this year, the company announced its MDI and TDI business suffered force majeure factors, the impact of supply and demand in Europe for nearly three months has finally been resolved. A material business also said it will resume performance of a contract signed with the supply of nitrate and the latter Kos, MDI, TDI and other products will also return to normal delivery.
Although a raw material supply disruption by Cosmos distress in the past three months, but the wind and rain to grow up in the supplier did not sit back: “the company carried out a large number of alternatives to purchasing, in a timely manner to all partners to provide the latest news and discussion and countermeasures. Through unremitting efforts, we have passed through this difficulty.”

All the moves to the world record of the cosmos also highlight the determination: “the company will do everything possible will not be influenced by the resistance factors to a minimum, and strive to complete the business indicators published 2016.”

Basf Inc is one of the world’s largest chemical company, business covers a wide range of areas, the standardized management, scientific and efficient, safety evaluation system is established by other large enterprises, but still inevitably caused an explosion. Once again that high risk and high risk in petrochemical industry. So usually chemical enterprises must enhance the awareness of production safety, the investigation of various types of security risks, standardize the production process, improve the implementation of responsibility system, to avoid accidents.

(Gade chemical net original please standard source)

The above is for reference only

BASF Germany butadiene plant capacity of 105 thousand tons / year, accounting for only about 3.5% of the total capacity in Europe, impact on the market as a whole or co.. But due to the Asian region year supply tight, the supply of Europe need to supplement, because this device of parking, or exacerbated Europe salable stock resource shortage, part of export goods shipment time delay. But as the weeks of domestic butadiene market bearish atmosphere, at present, BASF device on the domestic market or limited parking butadiene market remained calm.

styrene

Recently, due to the Asian American styrene spread narrowed in Europe, styrene has become one of the main import supply channel in China the fourth quarter. The BASF explosion accident news, offer delivery interval homeopathy go up, the next day’s closing local valuation compared to early October lows pull up nearly 70 U.S. dollars / ton, $969 / ton FOB Rotterdam.

At present, BASF has little effect on the device directly affect the parking domestic chemical market, specifically to see the situation started recovery device.

Introduction: this week the chemical industry big news is the German BASF bombing. At 11:30 the morning local time on October 17th, the world’s largest chemical manufacturers BASF (BASF) its headquarter in Ludwigshafen factory explosion.

As the site of the explosion are piled up large quantities of flammable liquid and high-pressure liquefied gas, quickly triggered a fire. It has been confirmed that 3 people were killed and 8 people were seriously injured, 17 people suffered minor injuries. The degree of pollution of the air and soil of the accident temporarily is not obvious.

The explosion caused fire shut down

at present, by season coming, some manufacturers of food grade L-carnitine in the market downturn trend, but the recent raw material of epoxy propane prices generally rose driven, L-carnitine prices rose slightly.

In December 21st, Huanggang Huayang Pharmaceutical Co. Ltd. food grade L-carnitine annual production capacity of 1000 tons of equipment operating rate of about 60%, the factory price 103 yuan / kg, the manufacturers offer steady, take the goods in general. Food grade L-carnitine device Liaoning Keshuo nutrition technology limited annual production capacity of 2000 tons, the current factory price 120 yuan / kg, take the goods, prices steady. Kaiyuan Hengtai fine chemical plant food grade L-carnitine price 101 yuan / kg, recently, manufacturers of L-carnitine products take the goods are sluggish, prices steady. Suzhou Huarui Chemical Co., food grade L-carnitine price 120 yuan / kg, take the goods, prices steady. Binzhou City Chemical Co. Ltd. food grade L-carnitine price 100 yuan / kg, the manufacturers take the goods is not smooth, the maximum monthly output of about 60 tons.

In December 23rd, Jiahong chemical salicylic acid industrial grade prices steady, offer 11500 yuan / ton. Shandong xinhualong letter SA industrial grade tax ex factory price of 12800 yuan / ton, pharmaceutical grade tax ex factory price of 19800 yuan / ton, sublimation level tax ex factory price of 16500 yuan / ton. Yongshun Chemical Factory acid industrial grade 13000 yuan / ton, pharmaceutical grade 20500 yuan / ton, the sublimation of 16500 yuan / ton, go off normal.

Overall, the upstream phenol price is affected by raw material prices, the market offer is loose, let go of goods, industry mentality pessimistic. But by the environmental impact of market supply. The expected short-term market dominated by consolidation of salicylic acid in.

recently, salicylic acid market prices remain stable, the current industrial market salicylate mainstream offer price at 12440 yuan / ton. Manufacturers of equipment operating rate is influenced by the environmental protection check to maintain low, on supply and demand is good, no obvious changes in the market price.

In December 22nd, Zhenjiang MaoYuan SA offer industrial grade 12500 yuan / ton, pharmaceutical grade 19800 yuan / ton, 17500 yuan / ton sublimation, normal construction. Ji’nan century Tongda salicylic acid industrial grade maintain price 13500 yuan / ton, sublimation level to maintain price 16500 yuan / ton, pharmaceutical grade price at 20000 yuan / ton. Huajian chemical industrial grade salicylic acid quote price at 12400 yuan / ton, pharmaceutical grade price at 19700 yuan / ton, sublimation grade price at 15200 yuan / ton.

domestic environmental problems remained tense, urea enterprises operating rate continues to decrease.

In December 22nd, the supply of small, cash shortage factors, domestic urea prices stable and slightly upward again. At present Shandong area urea market continues to rise, rose 10-20 yuan / ton, small particles urea mainstream 1520-1600 yuan / ton, large particles 1580-1900 yuan / ton; Linyi market wholesale price of 1610 yuan / ton 1540-1560 yuan / ton, Heze. Henan Yubei received notice, limiting device reduction, individual manufacturers compensatory growth of 20 yuan, is now the mainstream factory price 1520-1550 yuan / ton, the actual number of low-end 1480-1520 yuan / ton, 1450 yuan / ton, affected by the haze, the motor is not smooth. Hebei area small granular urea mainstream price 1470-1510 yuan / ton, 1550 yuan high-end executive. Jiangsu area of small particles of mainstream 1600-1650 yuan / ton, large particles of 1680 yuan / ton, individual manufacturers are still the main export; Pizhou, Xuzhou wholesale 1600 yuan / ton, Yancheng station rose 1680 yuan / ton, the arrival of less. Hubei and Hunan in urea plant under 3, the province did not arrive, light trading, Hubei individual manufacturers continue to rise to 30 yuan, the factory 1600-1620 yuan / ton, Hunan wholesale market 1650-1680 yuan / ton. Northeast urea market without obvious fluctuation, sporadic transactions; Liaoning local and surrounding the main supply, mainstream factory 1490-1520 yuan / ton, for agents around the factory price 1558 yuan / ton, large amount of talk; Jilin market sales almost stagnant, downstream seldom; Heilongjiang mainstream 1490-1520 yuan / ton, the contract for households. Large particles to manufacturers in 1595-1635 yuan / ton, light trading market.

At present, the freight cost pressures, domestic urea upstream raw material coal prices and freight increase rise again. To have increased the price of urea urea of domestic enterprises, is expected in the short term urea market as a whole will appear stable and slightly rising phenomenon.