TiO2 in China

TiO2 in China

Increasing costs and a decreasing supply of the raw materials keep the price level of Titanium Dioxide (TiO2) rising in China. The producers are considering to announce new price increase because it is high season and the whole TiO2 industry is in tight supply. In April the market will clarify the range of new prices and grant an outlook to the 2nd half 2018. We expect an step of USD 50 to 100 per MT.

For any detailed queries please kindly contact Petrex teams in Kempen and Shanghai.

Qingming Festival 2018

Qingming Festival 2018

The Qingming Ming Festival, known as Tomb-Sweeping Day is a traditional Chinese festival on the 1st day of the 5th solar term of the lunisolar calendar. The Chinese Qingming Festival in 2018 will be from April 5. The holidays in China starts from April 5 to 7, 2018. It is a time of many activities, among which the main topics are tomb sweeping, taking a spring outing, and flying kites.

 

Chemical prices China February 2018

Chemical prices China February 2018

The World Economic Climate has improved considerably. Most chemicals sectors in China posted growth in demand and prices. Exports went up significantly and companies report a good capacity utilisation after the Spring Festival holidays. Hereunder a few chemicals and price tendencies in China from beginning February to end February 2018:

Caustic Soda RMB 1,020 > 4% up
Aniline Oil RMB 12,500 > 2% up
Phosphorous yellow RMB 16,500 > 1% up
Phthalic anhydride RMB 7,500 > Stable
Bromine RMB 29,500 > 1% down
Sulfur RMB 1,200 > 2% down
Benzene RMB 6,800 > 5% down

For any further information or specific questions, please do not hesitate to contact us.

It´s time for Teppanyaki

It´s time for Teppanyaki

You stay in Shanghai and consider a new experience for dinner? Here a recommendation from our current trainee, staying for three years in Shanghai.

Try Kagen Teppanyaki No. 28 D Taojiang Road, Xuhui District. Great Japanese food freshly prepared just in front of your eyes. All you can eat with free flow of beer or wine, really nice deal as food quality is pretty good and fresh. It’s highly recommended that you make a reservation on time.

This is a fantastic experience to have great Japanese food in Shanghai. A nice place to enjoy with a couple of friends. Yummy!

Chinese New Year – Year of the Dog

Chinese New Year – Year of the Dog

Spring Festival, widely known as Chinese New Year in the west, is the most important traditional festival and a public holiday in China.
The Spring Festival 2018 starts 16th January. It is the Year of the dog and will be celebrated with various cultural activities arranged. Firework shows, dragon dancing and lion dancing are the most common activities.
The 4715th Chinese year. According to the Chinese horoscope calendar, 2018 is the Male Earth Dog year. Brown is connected to the earth. Therefore, 2018 is also called the year of the Brown Dog.

Our best wishes for a prosperous and successful Chinese New Year.
Petrex Teams in Kempen and Shanghai, Wuff!

Logistical performance 2018

Logistical performance 2018

Customer satisfaction is our mutual mission.

We try to find the best and cost effective way to store, handle and move our products so that they are available to our customers in the right amount, at the right moment and in a perfect shape.
Petrex cooperate with logistical long-term partner in various sea ports in Europe and run a continuous improvement process to reach our goal: Reliability and Customer satisfaction.
Start a dialogue with us and share your specific needs in logistics. We have the expertise to support and offer cost effective strategies.

We wish you “an almost trouble free” Year 2018.

Chinese Holidays 2018

Chinese Holidays 2018

Dear Business Partner,

below we like to share an overview, showing the Chinese Holidays of 2018.

Festival

Holidays

New Year’s Day

Jan 1st

Spring Festival

Feb 15th-21st

Qingming

Apr 5th-7th

May Day

Apr 29th-May 1st

Dragon Boat

June 18th

Mid-Autumn Day

Sep 24th

National Day

Oct 1st-7th

 

A break in Shanghai

A break in Shanghai

Saturday morning. A recreation day from business. I am walking from my hotel near Shanghai railway station to East Nanjing road and discover a new highlight:

The Jing’An Sculpture Park

A family-friendly park located in north Jing’An. This 30,000 sq. meter park at the corner of Beijing Xilu and Chengdu Lu boasts sculptures and statues from over 61 cities. Visitors are allowed to walk on the grass, which is fairly rare for Shanghai. In the center of the park lies the newly opened Shanghai Natural History Museum. Pay 30 RMB to get in, it is a worth visit, outfitted with both living and dead animals. Open daily: 6.00 – 20.30.

Klaus Weiand CEO Petrex GmbH

Continuing good creditworthiness

Continuing good creditworthiness

Petrex GmbH is pleased to announce our current credit rating status at 0.23% with Creditreform.

Other companies in Germany run at an average at 1.48%.

Payments to our supplying and logistic partners are most important. We expect high performance and quality and do similar when we execute our payments.

Many thanks to all people involved to reach our goal:      Achieve customers´ satisfaction