industry

25 Mar 2008 - Royal DSM N.V. presented its fifth annual sustainability report: the Triple P (People, Planet, Profit) Report 2007 entitled Embracing the Future. DSM's sustainability strategy is based on three core values: Respect for People, Valuable Partnerships and Good ...
25 Mar 2008 - Royal DSM N.V. presented its fifth annual sustainability report: the Triple P (People, Planet, Profit) Report 2007 entitled Embracing the Future. DSM's sustainability strategy is based on three core values: Respect for People, Valuable Partnerships and Good ...
25 Mar 2008 - BASF and China Petroleum & Chemical Corporation (Sinopec Corp.) submitted the technical and commercial feasibility study for the approval of the planned $900 million expansion of their joint chemical Verbund site in Nanjing to the Chinese government. The site is ...
NEW YORK - The average price of a gallon of gas in the United States has risen to a record $3.26, and the cost of diesel fuel has soared to a record $4.06 a gallon, adding to pressure on consumers and the companies that deliver their goods. The national average price for self...
25 Mar 2008 - The International Petroleum Investment Company (Abu Dhabi, U.A.E) and Borealis AG have signed a memorandum of understanding along with Abu Dhabi Investment Council to prepare jointly for the first phase of the development of a planned new Chemicals Industrial City ...
NEW YORK -- Crude prices fell Monday as the U.S. dollar advanced against other major currencies. The U.S. dollar rose against the euro on Monday. Traders and analysts said a recovery in the U.S. dollar from recent lows against the euro was pressuring the nominal price of ...
NEW YORK-- The U.S. dollar continued rising Thursday against the euro and other major currencies as prices of oil, gold and other commodities fell on economic concerns. As data have begun to suggest that record-high oil prices are starting to drive down demand, investors who sank ...
Recently The domestic first production line of natural --GABA distilled from rice germs with an annual output of 300 tons has been completed and produced in Zhejiang YiWan Biolabs Co., Ltd. GABA is an important suppressive neuro-transmitor in neural system, it is an amino acid ...
Due to continuous cost pressures on raw materials and utilities, Arkema announces a EUR100/T price increase for its Norsocryl Methacrylic monomers, effective April 1, 2008. This concerns Methyl Methacrylate (MMA), Methacrylic Acid (MAA), as well as the other esters iBMA, nBMA, 2...
Aramco Overseas BV, a subsidiary of Saudi Aramco, has sold its 40 percent shares in the Philippine oil company Petron Corp. to a London-based investment fund Ashmore Group, local media reported Wednesday. According to a report on the website of ABS-CBN News network, the deal was ...
In a bid to capture a chunk of the global market, India's energy major, Indian Oil Corporation (IOC), has established a distinct strategic business unit (SBU) to market its petrochemical products. The SBU has five exclusive sub-groups, classified as per products and function - ...
State-owned Kuwait Petroleum Corp (KPC) plans to finalise deals to build new refineries and petrochemical plants with Chinese, Vietnamese and Indian counterparts by next year. The country also plans to award th eproject for construction of the country's fourth refinery- planned ...
Decision reflects "long-term, strategic view of the synthetic rubber business". Dow Europe is planning to close its cobalt-catalysed polybutadiene rubber (Co-PBR) assets located in Berre L'Etang, France. The plant,which according to IISRP (International Institute of Synthetic ...
06 Mar 2008 - Dyneon LLC, a 3M company, announced today that it has acquired the business of Hitech Polymers Inc., a manufacturer of specialty thermoplastic polymers and provider of toll thermoplastic compounding services based in Hebron, Ky. Terms of the transaction were not ...
06 Mar 2008 - BASF SE has started up a new Keroflux plant at its Ludwigshafen site. The Keroflux brands are refinery chemicals and so-called cold flow improvers. They make sure that fuel and diesel continue to flow and do not solidify even at winter temperatures. This ensures ...
06 Mar 2008 - DSM Venturing, the corporate venturing unit of Royal DSM N.V., announced that it has participated in a USD 20 million financing round in Tianjin Green Bio-Science Co., Ltd (China). The proceeds will be used to build China's largest manufacturing plant for Polyhydrox...
WASHINGTON, March 5 (Xinhua) -- Energy giant British Petroleum (BP) has set aside 2.13 billion U.S. dollars to settle claims arising from a fatal Texas refinery accident in 2005, much higher than a previously disclosed 1.6 billion dollar provision, The Wall Street Journal ...
In view of transmission networks and petrochemicals, the European Commission plans to open an in-depth competition investigation of Austrian oil and gas group OMV's bid to take over Hungarian peer MOL. MOL BU has resisted the takeover since the summer of 2007, when OMV first ...
4 March 2008 - Sumitomo Heavy Industries has paid $118 million for Demag Plastics Machinery, in a deal that closed today linking the two injection press makers. The merger "creates the first globally operating company" in the injection press industry, the companies said in a news ...
Amid wide concern and perplexity in the global industry, Chinese authorities issued a dispatch 29 February clarifying the ban on imports of used plastic flexible packaging. In order to unify enforcement, the document said, the ban applies to post-consumer plastic bags, film and ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...