SIO New Material (SIOResin®) unveils its latest product- SIOResin® SIO-7213, a waterborne high-temperature resistant silicone resin. This development sets new benchmarks in the performance of zinc-rich anti-corrosion coatings, combining superior heat and salt spray resistance for demanding industrial environments.

Over the past month, PVC futures prices have continued to fall, and market sentiment has been relatively depressed. On Wednesday, PVC futures fell below the 5,000 yuan/ton mark, reaching a low of 4,985 yuan/ton, a four-year low.

Since last November, the PVC downstream demand has not improved markedly owing to several factors, from cold weather to the fact that downstream enterprises' operating rates continue to show a slight decline. The market mood is weak, but the operating rates are still high. Prices for PVC fluctuate downward again, with the main future's contract sinking to its yearly low. 

Based on the current production policy, photovoltaic glass is still expected to be cold, and the daily dumping will only shrink further. However, with fewer soda-ash maintenance programs, the capacity utilization rate continues to be high; new capacity is released constantly, and output has continued to be at its highest historic level for the season. In the future, the alternative supply will be more serious. 

The notice came from U.S. Commerce Department and U.S. International Trade Administration that the Department granted an extension on the date of final ruling in a certain anti-dumping investigation for the epoxy resins coming from China under LTFV until March 28, 2025

Vadodara in Gujarat has yet another new plant constructed from the ground up for Flint Group. The world-class plant will manufacture water-based inks and coatings for paper and board markets and energy-curable inks for the narrow-web sector

Saudi Arabia has imposed anti-dumping duties on sulfonated naphthalene formaldehyde originating from Russia and China. This will take effect on December 3, 2024, with rates between 18.12% and 34%, with a minimum tax of 435.5 Saudi riyals per ton. By imposing this action directly against low-priced exports, which practices done by China and Russia in the Saudi market and aims to protect the domestic market against unfair competition. 

Tosoh Corporation is going to boost HDI derivatives production capacity at Nanyo Plant in Shunan, Yamaguchi Prefecture, Japan. The company sells HDI derivatives under its Coronate brand.

In its release outlining the definitive agreement with INEOS, KPS is not understated in that it states that, upon completion of the sale, it would own the composites business with an estimated figure of about 1.7 billion euros. The closure is thought to be possible during the first half of 2025.

In November, the worldwide manufacturing PMI was 49.3%, up 0.5 percentage points from the previous month-a new high benchmark since second half of this year. By region

In Japan, Mitsui Chemicals is aggressively probing into the business of new bonding materials for the 3D stacking application increasingly appreciated in advanced semiconductor packaging. The composition can be bonded temporarily at room temperature and can achieve permanent bonding at a lower temperature of 150 degrees.

Sailboat entered the commercial operation with a carbonate plant in Jiangsu Province, Lianyungang in November 2024. It uses Asahi Kasei licensed technology to produce high-purity EC and DMC using carbon dioxide as the main raw material. Both carbonates are used as a solvent in electrolytes for lithium-ion batteries for electric vehicles. 

A decline in inventories of American crude oil was countered by an unexpected climb in refined oil inventories. Investment banks initiated unexpected selling of U.S.

SIO New Material (SIOResin®) unveils its latest product- SIOResin® SIO-7213, a waterborne high-temperature resistant silicone resin. This development sets new benchmarks in the performance of zinc-rich anti-corrosion coatings, combining superior heat and salt spray resistance for demanding industrial environments.