Saturday, November 23, 2024

Chemical Sector News

German chemical lobby VCI reduces its 2024 forecast amid political turmoil

The German chemicals industry association VCI lowered their annual forecasts on Wednesday, citing the economic stagnation in Germany and political turmoil. The association, which represents 1,900 companies within Germany's third largest industrial sector…

Germany's chemical lobby calls for regulatory reform and growth agenda

VCI, the industry lobby group in Germany, said that to achieve climate neutrality while remaining competitive and improving its performance it is necessary for regulation changes. VCI, which published two of its own studies…

German chemical sector recovers loses momentum in Q2, according to industry group

The second quarter saw a slight slowdown in the German chemical sector, according to a report released by VCI, the industry association. Both domestic and international orders, particularly in the pharmaceutical branch, were down in April-June.

China's Sinopec Starts Hiring for New Risk Management Unit

Sinopec Logo: Image by Alexey Novikov - AdobeStock

China Petrochemical Corp, or Sinopec Group, has started hiring for six top management positions for a new commodities risk management unit, according to a statement posted on the state energy company's official wechat…

Belgium Players Join Forces Hydrogen Transportation

The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results.That is why Deme…

HazSub Spill Response Plans

© VanderWolf Images/AdobeStock

On August 18, 1990, the Oil Pollution Act of 1990 (OPA 90) was enacted into law. Section 4202 of that Act amended the Federal Water Pollution Control Act (FWPCA or Clean Water Act) to require tank vessels and marine…

Romania's Romgaz Steps Up Conventional Gas

Romania's biggest gas producer Romgaz does not plan to tap shale gas exploration in the next few years, but will invest heavily in conventional wells using its existing financial resources, it said on Tuesday. "We…

Construction and Drilling Training Center Opens

TQ Construction and Drilling Training Center Inaugurated in Dammam. Leading representatives from Saudi’s oil and gas sector gathered in Dammam on Thursday, February 27, to launch the newest Saudi Petroleum Services Polytechnic (SPSP)…