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Bayer inaugurates first integrated systems house in Thailand for custom PU solutions

Tailor-made polyurethane solutions will be available closer to customers in Southeast Asia, with the inauguration of Bayer MaterialScience's first integrated systems house in Thailand. BaySystems ASEAN, located in Samutprakarn province, caters to the region's growing demand for ...

Dow Chemical Increases Prices for Paper Latex Technologies in North America

November 01, 2007 Effective December 1, 2007, as contracts permit, the Dow Paper Latex business is increasing the prices of all styrene butadiene (S/B) latex, styrene acrylate latex, and Hollow and Solid Plastic Pigments products sold into the pulp and paper industry by US$0.04...

Dow Announces November 1, 2007 Price Increase for Monochloroacetic Acid in North America

Midland, MI - November 01, 2007 Effective November 1, 2007, or as contracts allow, The Dow Chemical Company is announcing a $ 0.05 per pound price increase in North America (US, Canada and Mexico) for Dow Monochloroacetic Acid (MCAA).

Dow Epoxy Raises Epichlorohydrin Prices in Asia Pacific, India, the Middle East and Africa

Hong Kong - November 01, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates ( Dow ), today announced a price increase for Epichlorohydrin in Asia Pacific, India, the Middle East and Africa. Effective December 1, or as contract terms allow, ...

China's Liheng Changle to build polyamide plant in Fujian in 2009

China's Liheng Changle Polyamide Technology Co has contracted Lurgi Zimmer to build a polyamide-6 plant at Binhai in Fujian province to be onstream in 2009, the German engineering company said in a statement. The plant will be in the Binhai Industrial Zone near Changle city, and ...

Yemen mulls multi-billion dollar oil refining and petrochemical complex

Yemen- The Arabian Peninsula's poorest country, is contemplating plans for a multi-billion dollar oil refining and petrochemical complex. The country is eyeing schemes similar to a string of massive development plans being undertaken by its richer neighbours. Yemen is considering ...

Bayer to divest polyurethane processing machinery business

With the hive off of its subsidiary Hennecke Group to the Adcuram Group, The Bayer Group will thus divest its polyurethane processing machinery business. This business does not constitute one of the company's core competencies. The sale is scheduled to be completed by the end of ...

South Korea and Algeria to seek petrochemical cooperation

South Korea and Algeria seek to expand economic cooperation in the areas of petrochemical plant construction and military hardware. Algeria, which has 123 million tons of oil reserves, may help South Korean companies gain an important base of operations in North Africa. After a ...

Philippine president calls for unity to face surging oil price

MANILA, Nov. 6 (Xinhua) -- Philippine President Gloria Macapagal-Arroyo Tuesday called on Filipinos to unite and put an end to political quarrels by joining hands in facing high oil prices, reported the official Philippines News Agency. Arroyo said that as the world oil price ...

UAE energy giant announces retrospective oil prices for October

ABU DHABI, Nov. 4 (Xinhua) -- The Abu Dhabi National Oil Company(ADNOC), the energy giant of the United Arab Emirates (UAE),announced on Sunday the retrospective prices of its four main grades of crude oil for October. According to ADNOC, the price for the onshore Murban crude ...

Iraq oil production and export hit new high in Oct.

BAGHDAD, Nov. 6 (Xinhua) -- The daily crude production and export in October in Iraq hit new high in three years with about 2.70 million barrels in production and over 1.80 million barrels for export, the state-run al-Sabah newspaper reported on Tuesday. Hussein al-Shahristani, ...

Dow Announces Propylene Glycol and Propylene Oxide Price Increases in North America

Midland, MI - November 02, 2007 The Dow Chemical Company ( Dow ) announced today that, effective December 1, 2007, or as contracts allow, it will increase all off-list selling prices in North America (United States & Canada) by US$0.06 per pound for the following products: ...

Dow Water Solutions Announces Global Price Increase for DOWEXT Ion Exchange Resins

EDINA, MN - November 05, 2007 Dow Water Solutions is increasing the price of all DOWEX ion exchange resin, adsorbent and catalyst products. The price increase will average 10 percent across the product line, globally. The price increase is effective November 15, 2007, or as ...

Dow Announces VORANOL Copolymer Polyether Polyols Price Increase in North America

November 02, 2007 Effective December 1, 2007, or as contract terms allow, the Polyurethanes business of The Dow Chemical Company (Dow) will increase prices in the United States and Canada for its VORANOL copolymer polyether polyols by US$0.08/lb. This increase is being implemente...

Algeria plans US$10 bln investment in petrochemicals in 2008

Algeria plans to invest more than US$10 bln in 2008 towards development of its petrochemical industry. Last July, Algeria awarded a contract to France's Total SA to build and operate a 1.4 mln tpa of ethane steam cracking complex. This is the first of six petrochemical projects ...

U.S. crude oil supplies continue to decline

WASHINGTON, Nov. 7 (Xinhua) -- U.S. commercial crude oil inventories fell last week, the third consecutive weekly decline, while gasoline supplies also decreased, the Energy Department reported Wednesday in its weekly survey. In the week ended Nov. 2, the nation's commercial ...

OPEC oil prices high jump last week

VIENNA, Nov. 5 (Xinhua) -- The weekly average oil prices of the Organization of Petroleum Exporting Countries (OPEC) rose to 86.32U.S. dollars per barrel last week, jumped 4.65 dollars from the prices registered to the previous week, the cartel said Monday. The jump extent of the ...

Rising naphtha prices likely to affect margins at HPL

Affected by a US$30-40 hike, naphtha prices are currently hovering at US$795 a ton. India's Haldia Petrochemicals imports 70% of its naphtha requirement. Naphtha prices are linked to international prices, and the pricing formula is such that there is no difference between ...

Shell eyes Russian gas project

BRUSSELS, Nov. 5 (Xinhua) -- Dutch oil giant Shell wants to participate in the exploitation of a large gas field on the Russian peninsula Jamal in northern Siberia, Dutch paper Financiele Dagblad reported Monday. The Bovanenko field, owned by Russian gas giant Gazprom, could ...

U.S. oil prices retreat on government report

NEW YORK, Nov. 7 (Xinhua) -- U.S. oil prices stalled in their climb toward 100 dollars a barrel Wednesday after a government report said that oil inventories fell less than expected last week, while refinery utilization remained flat. The U.S. Energy Department's Energy ...

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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