In December, the bidding price of 90% low calcium magnesium high titanium slag in northern enterprises was 6950 yuan/ton, 200 yuan/ton higher than the price last month, the price of raw materials was high, the cost pressure of high slag was large, the construction was low, the supply of northern goods was tight, and the market offer was firm.

The caustic soda market is stable but weak today. The liquid alkali market continues to decline in some areas, and the decline is more obvious in some areas. The flake alkali market price is relatively stable at the beginning of the week.

Quotations in the spot market were relatively chaotic on Monday. In the early trading, the quotation mentality on the market was weak. The price fell slightly compared with last Friday. In the afternoon, some merchants began to tentatively recover the decline, but there was still no good atmosphere in terms of transactions.

According to Tu Duoduo's data calculation, the domestic calcium carbide method PVC spot index was 4999.96 on December 13, down 9.20, or 0.184%. The spot index of ethylene process PVC was 5279.54, down 10.00, or 0.189%. The calcium carbide process index fell, the ethylene process index fell, and the ethylene process-carbide process index price difference was 279.58.

At present, the market price of liquid alkali is stable and fluctuates slightly, and the market price in some areas continues to decline; on-site supply remains relatively stable. Affected by weak demand, some companies are under pressure to store and export. In addition, the main alumina plant announced that the price of purchasing liquid alkali has been reduced by 20 yuan. / ton, which has a negative impact on the liquid alkali market. Downstream and traders are cautious. The liquid alkali market is expected to be stable in the short term, and there are still downward expectations.

Covestro has further advanced its localization and sustainability efforts in the Asia Pacific region and started producing a partially bio-based coating raw material that is widely used in construction and infrastructure applications.

China National Petroleum Corporation Economic and Technological Research Institute (a national high-end think tank) and S&P Global jointly held the 2024 (11th) International Energy Development Summit in Beijing.

Rodda Paint Company, in partnership with the Cloverdale Group based in Surrey (BC), Canada, announced the acquisition of Miller Paint Company, an esteemed ESOP (employee-owned company) deeply rooted in the Pacific Northwest since 1890.

As a trusted partner in color and design, Florida Paints released its 2025 color trend palette. Aptly named “Natural Beauty,” the palette is made up of 12 thoughtfully curated colors that capture the story of Florida’s sand, sea, glades and groves.

The Institute of Technology of Nagoya in Japan has induced a process that can synthesize a moistened molybdenum oxide and carbon composite particles at normal temperature and in limited time.

NOF has developed water-repellent and oil-repellent products that do not contain perfluoroalkyl substances (PFAS) and silicone, including types with excellent long-term water repellency and types with both water-repellency and oil-repellency.

PCC announced the development of a chlor-alkali facility to be built and operated at the Chemours titanium dioxide (TiO2) plant in DeLisle, Mississippi, USA, and PCC and Chemours have a chlorine supply agreement that is subject to certain customary conditions precedent.

Emirates Biotech announced that it has selected Sulzer, Switzerland as the technology provider for its upcoming polylactic acid (PLA) production plant in the United Arab Emirates.

German government released the National Circular Economy Strategy, which outlines Germany's vision of a transitory circle economy for various spheres of life and combines the existing strategic approaches toward raw materials policies for such formulation.