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China ends five year import ban on PET from ROK

China has ended a five year ban on material from Republic Of Korea. Chine has lifted five years of anti-dumping measures on polyethylene terephthalate (PET) and polyester staple fiber imports from the Republic of Korea (ROK) since February 3. The anti-dumping measures have ...

China's iron, steel industry posts 45% rise in 2007 profits

BEIJING, Feb. 18 (Xinhua) -- Iron and steel producers' profits rose an estimated 45 percent last year, buoyed by a booming economy and strong international demand, but surging production costs reduced margins, an industry group said. Profits hit a record 190 billion yuan (26 ...

Singapore's non-oil export up 2.8% in January

SINGAPORE, Feb. 18 (Xinhua) -- Singapore's mainstay export, the non-oil domestic export (NODX), grew by 2.8 percent year-on-year in January, reversing the 4.5 percent decrease in December last year, contributed mainly by gains in non-electronic export, the government said on ...

OPEC oil price up slightly last week

VIENNA, Feb. 18 (Xinhua) -- After a two-week consecutive rebound, the weekly average oil price of the Organization of Petroleum Exporting Countries (OPEC) rose to 90.23 U.S. dollars per barrel last week, the second time it has surpassed 90 dollars per barrel in the last four ...

US March MEG contracts pegged at 54 cents/lb FOB USG

The US March monoethylene glycol contract for large volume buyers whose contracts are tied to the Asian contract price is to be at about 54 cents/lb ($1,190/mt), down around 8 cents/lb from February, according to industry sources. Depending on the contract, the price can be ...

Kansas Senate OKs bill that would allow coal project to proceed

The Kansas state Senate in a voice vote late Wednesday passed a bill that would require the state's Secretary of Health and Environment to approve air permits for any generation project that meets federal air quality standards. A recorded vote on the bill (H.B. 2066) is expected ...

Strategy for nanotechnology-related environmental, health and safety research

18 Feb 2008 - The Nanoscale Science, Engineering, and Technology (NSET) Subcommittee of the National Science and Technology Council's Committee on Technology released a document describing the National Nanotechnology Initiative's (NNI) strategy for addressing priority research on ...

Viva Methanol to license methanol-to-olefins technology from UOP

Viva Methanol plans to license UOP's methanol-to-olefin (MTO) technology and olefin cracking method for its planned petrochemical complex to be constructed in Lekki, Nigeria. The plant is being planned with a capacity to produce 1.3 mln tpa of ethylene and propylene as well as ...

Honam JV in Qatar seeks proposals from 5 ethylene suppliers

A 70:30 JV between Qatar Intermediate Holdings Co and Honam Petrochemical is seeking a contractor for a proposed ethylene plant. Proposals have been sought from five ethylene process suppliers namely KBR, Linde, Lummus Technology, Stone and Webster and Technip. The proposed ...

Areva's Georges Besse II enrichment plant project on schedule

Areva is on schedule with its Georges Besse II centrifuge enrichment plant project, the French vendor said February 19. Areva said that "in line with the Georges Besse II project time schedule, Areva has just handed over the keys to the centrifuge assembly building of the uranium ...

Mexico's Calderon to revive petrochemical industry

MEXICO CITY --Mexico s President Felipe Calderon intends to revise the way state oil company Petroleos Mexicanos (Pemex) sells petrochemical feedstock, potentially opening the door to a $1bn (Euro 680m) ethylene plant, he announced on Tuesday. We are talking about the relaunch of ...

Sierra Club to challenge Dynegy/LS Power plans for coal plants

The Sierra Club on Tuesday said it will launch a major campaign challenging plans by merchant generators Dynegy and LS Power to build coal-fired power plants in Texas, Arkansas, Georgia, Iowa, Mississippi and Nevada. The environmental group said the campaign, which will start ...

BASF increases prices for leather chemicals

Ludwigshafen, Germany, February, 19 2008. BASF is raising the prices for leather chemicals worldwide. These increases are necessary because of higher energy costs and high raw material costs, which are still rising.

Polystyrene business is passing through a difficult time

A review of the Word Polystyrene business and concluded that solid polystyrene is undergoing a phase of very slow growth while EPS has recovered and doing well, as per Chemical Market Associates, Inc. (CMAI). This has caused reorganization of the polystyrene business, particularl...

FDA approves PET container additive

Oxygen scavenging technology strengthens food containers and gives "glass-like clarity" 19 February 2008 - The US Food and Drug Administration (FDA) has approved an additive designed to strengthen polyethylene terephthalate (PET) containers and give them glass-like clarity . ...

New materials can selectively capture carbon dioxide, UCLA chemists report

UCLA chemists report a major advance in reducing heat-trapping carbon dioxide emissions in "Science". The scientists have demonstrated that they can successfully isolate and capture carbon dioxide, which contributes to global warming, rising sea levels and the increased acidity ...

Bayer MaterialScience researchers explore factors influencing weathering performance of two-component polyurethane topcoats

The power of polyurethane topcoats first debuted in the industrial maintenance and marine markets in the mid-1970s as part of a corrosion protection system. Polyurethane topcoats have evolved over the years into a versatile technology that can be formulated to create low VOC ...

Lanxess opens new headquarters in Slovakia

Bratislava/Leverkusen - Specialty chemicals group Lanxess AG said Friday it is responding to rapidly growing demand in central and eastern Europe by officially opening the headquarters of its new distribution company Lanxess Central Eastern Europe s.r.o. in the Slovakian capital ...

US FERC chairman calls for balanced climate change policies

Washington -- The challenge of addressing climate change lays bare a "complete fiction" that energy and environmental policies are not intertwined, a senior federal regulator said Wednesday. The notion that there are "two separate universes" -- one for energy policymakers and ...

Crude oil ends at new record close of 100.74 dollars

NEW YORK, Feb. 20 (Xinhua) -- Crude oil for March delivery rose73 cents to finish at a new record closing high of 100.74 dollars a barrel on the New York Mercantile Exchange on Wednesday. Earlier in the session, the March contract, which expired Wednesday, hit a record all-time ...

Latest World News

china

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 ...

world

market

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 ...

finance

company

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 ...

trade

sports

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 ...
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