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Ecuador oil reform not necessary at constitutional level: Correa

Quito --1Oct2007 Planned reforms to Ecuador's oil industry would probably not require significant constitutional changes, President Rafael Correa said Monday after his leftist PAIS movement apparently took the majority of seats in Sunday's election for an assembly to write a new ...

Aluminum recycler Aleris announces Specification Alloys structure

Washington --1Oct2007 US aluminum recycler/fabricator Aleris officially announced its new structure for its Specification Alloys business unit in the areas of sales, supply chain and other functions in a news release Monday, confirming some appointments heard earlier this month ...

Eisai: Establishment of new pharmaceutical marketing subsidiary in Belgium

02 Oct 2007 - Eisai Co., Ltd. announced that the Company established its pharmaceutical marketing subsidiary, Eisai SA/NV in Belgium. Eisai SA/NV is owned by Eisai Europe Limited. Serving as the regional sales hub for Benelux (Belgium, Netherlands and Luxembourg), which is the ...

BASF increases capacity for low molecular weight polyisobutene in Antwerp

02 Oct 2007 - BASF will expand its plant for low molecular weight, highly reactive polyisobutene (HR PIB), which is marketed globally under the Glissopal trademark, at its Verbund site in Antwerp, Belgium. BASF will thereby increase its capacity for Glissopal in Antwerp by 25 000 ...

SGL Group increases Graphite Electrode prices

02 Oct 2007 - SGL Group - The Carbon Company - announces today the following new prices for its Graphite Electrodes effective immediately for all new business: Europe: Regular-size Graphite Electrodes: 4650 EUR/MT Extra-size Graphite Electrodes: 4910 EUR/MT Americas, Asia ...

BASF raises prices for ethanolamines

01 Oct 2007 - Effective immediately, or as existing contracts allow, BASF is raising its ethanolamine prices worldwide by + EUR30 per metric ton for monoethanolamines + EUR80 per metric ton for diethanolamines + EUR60 per metric ton for triethanolamines or by the corresponding ...

New polymer to meet market trends for miniaturization and convergence of electronic devices

Royal DSM N.V. has developed a new polymer which extends the portfolio for high performance engineering thermoplastics. PA4T has been developed by DSM Engineering Plastics, the inventor and global market leader in high performance polyamides with Stanyl 46. The new polymer will ...

Korea Kumho Petrochemical to spend $308 min on rubber expansion

Seoul (Korea.net) -- Kumho Petrochemical Co., a Korea-based company engaged in the manufacture of synthetic rubber and plastics, said recently that it plans to spend 285.3 billion won ($307.8 million) for the expansion of its plants in southern Korea by 2010. The plants include a ...

Integrys completes production unit sale to El Paso for $879 mil

Integrys Energy Group on Friday said it had completed the sale of its Houston-based oil and natural gas production subsidiary to El Paso for $879.1 million. Chicago-based Integrys said final proceeds from the sale were subject to post-closing adjustments. Net after-tax proceeds ...

Conference on Polyolefin Additives

AMI's Polyolefin Additives 2008 Conference is the place to network with top professionals from the polyolefin industry. There are technical experts from major companies such as Borealis, Carmel Olefins, BASF, Cytec, Ciba, Rika, Albemarle, Rio Tinto Minerals, Timcal, Norner ...

China's coal output to exceed 2.5 bln tons in 2007

BEIJING, Oct. 7 (Xinhua) -- China is likely to produce over 2.5 billion tons of coal in 2007, up 5 percent from last year, said Wang Xianzheng, deputy director of the State Administration of Work Safety. The growth compares with an average annual rate of 11.5 percent over the ...

China's net imports of crude oil up 18% in 1st 8 months

BEIJING, Oct. 7 (Xinhua) -- China's net imports of crude oil in the first eight months rose 18.1 percent from the same period last year to 108.2 million tons, according to latest customs figures. From January to August, China imported 110.4 million tons of crude oil and exported ...

BASF raises prices for methylamines and methylamine derivatives

BASF is raising its prices for methylamines and methylamine derivatives in Europe with immediate effect unless existing contracts state otherwise. The markups are due to the significantly increased raw material cost. Product / Price increase Monomethylamine / + 180 Euro/mt ...

REACH for manufacturers, users and importers

BASF Aktiengesellschaft is hosting a one-day seminar on the new EU chemicals legislation entitled Together ready for REACH on November 26, 2007 in Ludwigshafen. The seminar is aimed at manufacturers, users and importers of chemical substances from all industrial sectors. BASF s ...

Market participants at odds on 2-cent Oct. US PVC price increase

Houston --3Oct2007 Market participants expressed disagreement Wednesday regarding the viability of passing an October 2 cents/lb price increase on domestic PVC contracts. Producers pointed to the rising costs of feedstocks as justification for the price hike. "Cost dynamics of ...

Group warns climate change bill could lead to higher gas prices

Washington --3Oct2007 The National Gas Council on Wednesday warned that climate change legislation in the US Senate, if passed, could cause an increase in natural gas prices. The bill, SB 280, which has been proposed by Arizona Republican John McCain and Connecticut Indpendent ...

PetroChina to invest $1.3 bln in new energy by 2010

BEIJING, Oct. 2 -- PetroChina, the country's largest oil and gas producer, will invest 10 billion yuan (1.3 billion U.S. dollars) in building facilities for new energy production by 2010, a senior company official has said. Hu Wenrui, vice president of PetroChina, told a recent ...

Expanded INEOS NOVA joint venture launched

04 Oct 2007 - INEOS NOVA, the 50:50 joint venture between NOVA Chemicals and INEOS, announced it commenced expanded operations on October 1, 2007. Headquartered in Joliet, Illinois, INEOS NOVA is a leading manufacturer and marketer of styrene and styrenic polymers in North ...

Pea starch in edible and bio-packaging to reduce waste

A research study suggests that use of pea starch in production of edible packaging and bio-packaging could allow food processors not only to further cut down on waste generated by their products, but also protect against bacteria. Researchers at the University of Manitoba, ...

Total and Galactic Escanaffles in 1,500 tpa PLA JV

Total Petrochemicals and Galactic Escanaffles have embarked upon a 1500 tpa polylactic acid (PLA) joint-venture for use in bioplastics, including packaging. The plant will be based at Galactic Escanaffles site, near Tournai, Belgium. A research and development project, scheduled ...

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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