PROCESS regularly reports on the Chinese chemical and pharmaceutical market with the format "China Market Insider". (Bild: ©sezerozger - stock.adobe.com)
China Market Insider

Beijing Views Engineering Plastics as Achilles Heel in Trade War

China wants to reduce its ‘import dependence’ on engineering plastics. This is stated in the new 14th five-year plan of the communist leadership in Beijing, which has its eye on the strategic value of these special chemicals used across a number of domestic industries. Recently, concrete targets for ‘self-sufficiency’ in these materials were published, reports the chemical newspaper Zhongguo Huagong Xinxi Zhoukan.

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The top 10 chemical companies in China making headlines.  (Source:©Jegas RA - stock.adobe.com)
China Market Insider

The Top 10 Chemical Companies in China

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.

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Klaus Schäfer, Chief Technology Officer, Covestro. (Source: Covestro)
Engineering MDI Technology

Benchmark for Production of Methylene Diisocyanate (MDI)

With a new MDI technology, Covestro aims to improve efficiency and environmental protection. Everyone is talking about sustainability — including the chemical industry. With the quartet of regenerative energies, alternative raw materials, recycling solutions and CO2-saving technologies, Covestro wants to become a front runner. A completely new MDI technology should also help.

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Zhang Yuzhou, Chairman of Sinopec (Source:Sinopec)
China Market Insider

The Top 10 Chemical Companies in China

The Corona crisis, particularly the lockdowns adopted by many governments, has hit the chemical industry hard in China. However, sales in many of the top companies in China already declined in 2019, even before Corona. But there are exceptions, as the figures from 2019 in our latest top 10 show here.

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