Blog - Basic Chemicals

US Biodiesel Market Faces Significant Export and Import Declines in 2024

Feb 7, 2025

The US biodiesel market in 2024 is experiencing significant import and export declines, driven by regulatory changes and market shifts, impacting international trade dynamics.

Baking Soda Imports Surge in Japan, Reaching $19 Million by 2024

Feb 7, 2025

Baking Soda imports reached a peak of 40K tons in 2023 before decreasing the following year, with import values significantly dropping to $15M in 2024.

India's Exports of Organic Pigments Fall 6% to $2 Billion in 2024

Feb 7, 2025

From 2022 to 2024, the growth of Organic Pigments exports maintained a slightly lower figure, with the value dropping to $2B in 2024.

Air Products Exceeds Expectations Amid Boardroom Revamp

Feb 6, 2025

Despite boardroom challenges, Air Products exceeds earnings forecasts thanks to strong sales in Asia and the Americas, indicating resilience and market confidence.

Hologic's Q4 CY2024 Financial Report: Balancing Challenges and Opportunities

Feb 6, 2025

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Hologic recorded $1.02 billion in Q4 CY2024 revenue, matching expectations amid projected declines. The company's enhanced EPS and strategic challenges underline the balance between growth and financial management.

Global Hydrocarbon Derivatives Market Value Expected to Grow at +2.4% CAGR from 2024 to 2030

Feb 6, 2025

Learn about the projected growth of the hydrocarbon derivatives market from 2024 to 2030, with a forecasted increase in volume and value.

China's U.S. Ethane Imports Set to Surge Amid Trade War Concerns

Feb 6, 2025

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China's ethane imports from the U.S. are set to rise, highlighting strategic shifts in the petrochemical sector amid trade tensions.

Global Phenolic Resins Market to Witness Moderate Growth with a CAGR of +2.9% from 2024 to 2030

Feb 5, 2025

Learn about the increasing demand for phenolic resins in primary forms worldwide and how the market is expected to continue growing over the next six years. Market performance is projected to expand with an anticipated CAGR of +2.9% from 2024 to 2030, reaching 7.5M tons in volume and $18.6B in value by the end of 2030.

Exports of Phenylacetic Acid in China Drop 17% to $366 Million in 2024

Feb 5, 2025

The exports of Phenylacetic Acid reached a peak of 38K tons in 2021 but decreased in the following years, with exports totaling $344M in 2024.

India Sees a 31% Decrease in Hydrogen Chloride Exports, Falling to $12 Million in 2024

Feb 5, 2025

The exports of Hydrogen Chloride reached a peak of 172K tons, but significantly decreased the following year. In terms of value, exports dropped notably to $12M in 2024.

The Netherlands' Styrene Exports Plummet by 35% to $975 Million in 2024

Feb 5, 2025

The exports of Styrene reached a peak of 1.8M tons in 2018, but then showed a slight decline from 2019 to 2024. In terms of value, Styrene exports significantly dropped to $975M in 2024.

New Partnership Aims to Transform Green Hydrogen Production

Feb 4, 2025

Mattiq partners with Heraeus Precious Metals to innovate low-iridium catalysts for sustainable hydrogen production, enhancing PEM water electrolysis efficiency and supporting the clean energy transition.