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LyondellBasell to Sell Four Olefins and Polyolefins Assets in Europe

LyondellBasell announced on June 5 that it has reached an agreement with private equity firm Aequita to enter into exclusive negotiations for the sale of four olefins and polyolefins assets in Eur...

16 Dec 2025 ( )

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L'Air Liquide Joins Hands with Reventics to Empower JOBB Project in China

On May 13, Air Liquide China donated 50,000 RMB to Shanghai Ruifeng Urban Public Welfare Development Center to support the JOBB vocational empowerment program. Li Nan, Chief Financial Officer of A...

16 Dec 2025 ( )

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Limited Possibility of BP Being Acquired

For some time, BP, the British oil major, has suffered from weak performance and a continuous decline in its stock price, fueling persistent rumors of a potential takeover. Numerous Western media ...

16 Dec 2025 ( )

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The chemical industry‘s development toward net zero emissions is lagging behind

Currently, global carbon reduction and climate change mitigation present a mixed picture. On one hand, for the first time since 2021, the International Energy Agency (IEA) has observed that growth...

16 Dec 2025 ( )

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BASF Publishes Annual Report for Greater China for the Seventeenth Consecutive Year

On June 18, the "BASF Greater China Annual Report 2024" was officially released. This marks the seventeenth consecutive year that BASF has published its comprehensive annual report for Greater Chi...

16 Dec 2025 ( )

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European Commission plans comprehensive ban on imports of Russian oil and gas

The European Commission on the 17th proposed a legislative initiative to phase out EU imports of Russian natural gas and oil by the end of 2027.The proposal calls for phasing out, by the end of 20...

16 Dec 2025 ( )

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$18.7 Billion! ADNOC to Lead Acquisition of Australian Oil and Gas Company Santos

On June 16, Australian oil and gas producer Santos announced it had received, on June 13, a $18.7 billion (approximately RMB 134 billion) takeover offer from a consortium led by the United Arab Em...

16 Dec 2025 ( )

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Challenges and Opportunities Coexist: How the Asian Petrochemical Industry Can Break Through

At a time of profound transformation in the global economy and industrial landscape, the Asian petrochemical industry stands at a crossroads. Recently, at the 2025 Asia Petrochemical Industry Conf...

16 Dec 2025 ( )