04:13 PM @ 12/12/2022
Tire OEMs and other users of carbon black are increasingly looking for alternative, more environmentally friendly material choices. As an industry that currently relies almost exclusively on petroleum feedstocks, and energy-intensive furnace black processing; this poses a major challenge for carbon black suppliers over the next 20 years.SEE MORE05:01 PM @ 09/12/2022
The Butadiene Market is expected to grow significantly to $29 billion by 2028 according to Vantage Market Research. The main reason behind this growth is the increasing demand for synthetic rubber. Synthetic rubber is made from Butadiene and is used in a variety of applications, such as tires, hoses, belts, and various other rubber products.SEE MORE04:50 PM @ 09/12/2022
While Russia is about to announce its response to the oil price cap, earlier statements made by Moscow about refusing to sell crude to countries supporting this measure seem to point toward the prospects of rising oil prices.SEE MORE04:40 PM @ 09/12/2022
The European Union reached a preliminary deal with EU governments on a new law on deforestation-free products that will make it obligatory for companies to verify and issue a so-called “due diligence” statement that goods placed on the EU market have not led to deforestation and forest degradation anywhere in the world after 31 December 2020.SEE MORE04:25 PM @ 09/12/2022
Viet Nam has realized 21 among the 24 Articles of the World Trade Organization’s Trade Facilitation Agreement (TFA), reported the General Department of Customs at a meeting on December 7.SEE MORE