On the evening of June 10, Sinochem International (600500.SH) officially disclosed a draft report on the issuance of shares for asset purchase and related party transactions, planning to issue approximately 600 million shares at a price of 3.51 yuan

1. Overnight Crude Oil Market Developments There are reports that the US and Iran are close to reaching a peace agreement, which has eased market concerns and caused international oil prices to decline.Crude oil futuresWTI crude oil futures Jul contr

International News Digest: Raw Material News - Oil Explodes in the Chemical Industry! Strait of Hormuz Suddenly Blocked Additive News - Henkel achieves carbon-neutral production at its adhesive technology plants in India and Turkey Automotive News -

1. Crude Oil Market Dynamics 6/10: U.S.-Iran relations remain unstable, heightening concerns over supply risks, and international oil prices rose. NYMEX WTI crude futures for the July contract settled at USD 90.03/bbl, up USD 1.83/bbl, or +2.07% day-

International Headlines Overview: Raw Material News - US MDI Supply Crisis, Giants Raise Prices Collectively Policy News - Overturning the Old Carbon Algorithm, European Association Proposes New Regulations for Biobased Plastics Medical News - Mitsui

On June 8, 2026 local time, Israeli missiles struck the Karoon petrochemical complex in the Mahshahr Petrochemical Economic Zone in southwestern Iran, causing partial damage to one of the country’s important industrial chemical facilities. Th

On June 8, 2026, local time, Israeli missiles struck the Karoon Petrochemical Complex in the Mahshahr Petrochemical Special Economic Zone in southwestern Iran.It caused partial damage to one of the country’s important industrial and chemical faci

International News Digest: Raw Material NewsBASF shuts down this expandable polystyrene (EPS) plant. Automotive News-Toray (Toray will establish a polyphenylene sulfide (PPS) plant in India to accelerate the expansion of its engineering plastics busi

Since the second quarter of 2026, international crude oil prices have continued to trade above the $100-per-barrel level, exerting a significant shock on the feedstock cost side of domestic independent refineries. As earlier low-priced stockpiled fee

High energy costs, weak downstream demand, and a complex regulatory environment are pushing Europe’s chemical industry into its toughest period in years. Since 2022, more than 25 million tonnes of chemical production capacity have been shut down or p