The world’s largest chemical company will soon be in China! The merger of chemical giants Sinochem and ChemChina has recently been approved, thus, paving the way for Sinochem Holdings, a mighty single organisation with estimated sales of more than 144 billion dollars! In this background, we bring to you the top 10 chemical companies in China making headlines.

Chinese petrochemical company Sinopec has developed a new process to convert crude oil directly into chemicals. The new "Crude Oil to Chemicals" (COTC) process is a major technological breakthrough. China is thus becoming the global technology leader in catalytic cracking of crude oil.

The global chemical process industries are aware of this trend and some of them are already undertaking mega projects to accelerate their energy transition.

Maintenance and remote services reach the pump world - Above all, a pump must deliver reliably - right? More and more manufacturers are drilling their flow machines with additional digital benefits. But what do operators gain when the pump goes to the cloud?

Speciality chemicals company Solvay has announced its plans to invest in a new facility to produce electronic grade hydrogen peroxide (eH2O2) in Casa Grande, USA, to supply the growing U.S. semiconductor manufacturing market.

Air Products and Gunvor Petroleum Rotterdam have plans to develop a green hydrogen import terminal in Rotterdam. Green ammonia will be received at the site from Air Products’ green hydrogen production locations.

BASF is working with authorities in China to use more electricity from renewable sources at its chemical plants. The company has just announced a particularly ambitious goal for the new Verbund site in Zhanjiang, in the southern province of Guangdong: The first plants at the Verbund site, which is currently under construction, are to be operated entirely with renewable energies.

China’s chemical industry has begun trading CO2 emissions. Analysts expect emissions trading to have a ‘profound impact on the competitiveness of chemical companies in China’ over the next five years, reports the China edition of PROCESS.

Global chemical company Kuraray switched the documentation procedure at its process plant in Höchst, Germany and opted for Rösberg’s Prodok NG computer aided engineering system for instrumentation and control. Stepwise and automatic migration of the existing plant data to the new consistent CAE system enabled Kuraray to set the course for future plant modernizations.

China wants to accelerate the concentration of its petrochemical industry into five industrial clusters. The ‘big five’ are listed in the People's Republic's just published new five-year plan. The China Market Insider Report presents them in detail.