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

China's Petrochemical Industry Relies on Cheap Ethane from the USA

Ethylene from ethane, obtained through steam cracking, is the latest boom sector in China's petrochemical industry. Construction of no less than three new large-scale plants was completed just before the start of the New Year, PROCESS (China) reports. While the vast majority of ethylene in China is still produced in petroleum refineries from naphtha, a number of investors are now turning to cheap ethane, mainly from shale gas deposits in the US.

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