VINACHEM

The West's anti-Russia sanctions have failed: despite experiencing a mild slowdown, the nation's economy is back on the growth track. Russia is also not facing the surge of inflation engulfing the West since it has been decoupled from the Western financial system, experts told Sputnik.

A little over a year ago, the United States government banned the importation of Russian crude, petroleum, oils and products of their distillation, LNG coal and coal products. Whereas the United States was nowhere near as dependent on Russian energy commodities compared to the average European nation,

The OPEC+ group is not expected to intervene in the oil market with changes to its production policy, likely keeping the current quotas until the end of 2023, despite the oil price plunge and the financial markets turmoil, three OPEC+ delegates told Reuters on Wednesday.

Vietnam exported 5,080 tonnes of rubber worth US$8.02 million to the Republic of Korea (RoK) in the opening two months of the year, down 16.5% in volume and 29.6% in value year on year, according to the General Department of Vietnam Customs.

The global rubber process oil market is forecast to reach USD 2,927.6 Million by 2028, according to a new report by Reports and Data. These oils are special internal lubricants that are used in the formulation of rubber, improve its physical attributes, work as cost-effective extenders, encourage the fuse of fillers and different added substances, and others.

The Global Rubber Additives Market was USD 4.80 Billion in 2021 and is growing at a CAGR of 3.90% year on year; it will reach $6.30 Billion in 2029 according to Reliable Business Insights.

Last year, China consumed more coal, built more coal capacity and aLast year, China consumed more coal, built more coal capacity and approved a record number of potential future coal power plant additions.pproved a record number of potential future coal power plant additions.