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Chemicals and materials
The Chemicals industry plays a fundamental role in the modern economy by transforming raw inputs into more than 70,000 products for intermediate or final consumption. As an enabling industry, it stands at the beginning of the value chains of numerous sectors, such as agriculture, food & beverages, consumer goods, construction and pharmaceuticals. It also plays a vital role in promoting human and economic development, improving food security and public health, and ensuring the sustainable use of natural resources.
Activities associated with Chemicals are manufacturing of petroleum and coal products, basic chemicals, resins, polymers and speciality chemicals, industrial gases, fertilisers, paints and coatings, adhesives, plastics and rubber products. A number of consumer goods are also included, such as pharmaceuticals, hygiene and personal care products, cleaning compounds and toiletries.
In Q3 2021, the sales revenue of China’s chemical sector experienced steady growth, driven by the increased market demand and the fast price rise of most chemical products. Besides benefitting from the higher prices—which greatly enhanced ...
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In Q2 2021, the pharmaceutical manufacturing segment generated RMB 749.2bn in revenue, up by 23.3% y/y, and made RMB 185.3bn in total profit, up by 90.6% y/y. The positive performance was mainly attributed to the ...
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India’s pharmaceuticals and healthcare sector has been dominated by a second wave of COVID-19 infections beginning in April 2021 driven by the Delta variant. The surge caught the Indian government and the pharmaceuticals and ...
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In Q1 2021, China’s chemical sector presented superb performance, significantly expanding both demand and supply. On the demand side, the sales revenue of the sector ascended by 39.7% y/y to RMB 1,761bn. Compared to Q1 2019 (before ...
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In Q1 2021, China’s chemical sector presented superb performance, significantly expanding both demand and supply. On the demand side, the sales revenue of the sector ascended by 39.7% y/y to RMB 1,761bn. Compared to Q1 2019 (before ...
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Brazil has been a pioneer in developing biofuels as an economically viable alternative to fossil fuels since the introduction of flex-fuel (dual-fuel) vehicles in the country in 2003. Ethanol in the country is produced mainly from sugarcane ...
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Poland’s chemical sector is important both domestically and internationally. In 2019, it was the eighth biggest market in terms of chemicals sales in the EU. It is also an important producer, primarily due to a few large domestic ...
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The last quarter of 2020 saw intensive development and production of COVID-19 vaccines and related medications in China for the domestic and international use. In December 2020, the National Medical Products Administration officially ...
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