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Chemtura's BA-59P Flame Retardant Off-List Price Increase

MIDDLEBURY, Conn.--(BUSINESS WIRE)--Aug. 9, 2007--Chemtura Corporation (NYSE:CEM) announces an off-list price increase of $0.25/kg for its BA-59P flame retardant (tetrabrominobisphenol A), effective Sept. 1 or where contracts allow. These increases are necessary to cover ...

Crude oil futures fall

NEW YORK, Aug. 8 (Xinhua) -- Crude oil futures fell on Thursday, as traders took profit at the high price level. Light, sweet crude for September delivery fell 56 cents to 71.59 dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery fell 78 cents ...

OMV and IPIC: Bundling of chemical activities in Borealis subsidiary completed

10 Aug 2007 - OMV and its core shareholder International Petroleum Investment Company (IPIC) have incorporated their respective shares of AMI Agrolinz Melamine International GmbH (AMI) into Borealis - a joint subsidiary of IPIC and OMV. OMV and IPIC each held 50% of AMI. ...

India seeks investors from Gulf for refining and petrochemical projects

In a bid to become a leading exporter of refined petroleum products, India is seeking partners from UAE and Gulf to invest in refining and petrochemical projects in Andhra Pradesh, Karnataka, Orissa and Gujarat. Investors from the Gulf region have the advantage of geographical ...

Vita sells calendering business to Excel Polymers

9 August 2007 Excel Polymers LLC has acquired Vita-Calender, the specialised rubber processing unit of British Vita, based in Salford, UK. The acquisition, completed on 16 July, will merge Vita-Calender's Salford operations with EXLP Global (UK) Ltd, the Rolls Business unit of ...

DSM to raise capacity in India to 20,000 tpa

DSM Engineering Plastics will triple its high-performance thermoplastics manufacturing capacity in India from 7,000 to 20,000 tpa. The expansion, planned at an investment outlay of $20 mln, is scheduled for completion by mid-2008. DSM, which set up India base with the acquisition ...

Sheet aluminium prices to increase

Aluminium flat-rolled producers Alcoa and Novelis are seeking 2 /lb price increases on their 1000, 3000 and 5000 series of aluminium alloy and non-heat-treated 6000 series of sheet products to all North American customers in the distribution, original equipment manufacturing (OEM...

Fluor to share in $1.8b BHP contract

Fluor Corp. said Tuesday one of its joint ventures has landed a $1.8 billion contract for an iron ore expansion project in Western Australia. Melbourne, Australia-based mining company BHP Billiton awarded the contract to the Mine & Port Development joint venture between Fluor ...

Chemical Makers Oppose House Energy Bill

The House earlier this month passed a comprehensive energy bill that has few provisions in common with the bill the Senate passed in June, and chances of a House Senate compromise are unclear, sources say. Lawmakers will meet over the next several weeks to work out some of their ...

Brazil's state-owned oil company to start technology cooperation with Mexican counterpart

RIO DE JANEIRO, Aug. 7 (Xinhua) -- Brazil's government-owned oil and gas company Petrobras announced Tuesday that it had signedtwo agreements with Mexico's national oil company Pemex to work together in technology development. The Brazilian company will contribute to the ...

Chemtura Announces Witcobond(R) Urethane Dispersions Price Increase

17 Aug 2007 - Chemtura Corporation announces that prices for Witcobond(R) Urethane Dispersions will be increased by US$0.10 per pound, effective September 10, 2007, or as contracts allow. This change is directly related to escalating raw materials costs.

ExxonMobil Chemical introduces EPM rubber 722

Houston, TX -- ExxonMobil Chemical has introduced Vistalon EPM* rubber 722 which can cost effectively improve processability and cable flexibility in medium- and low-voltage wire and cable applications. In comparison with conventional EPDM, the metallocene-based product can ...

Price trends of oil, polymer feedstocks & commodity polymers for the week of 13th August 2007

SUMMARY Crude oil futures slumped to US$71.5 for September delivery in the week of 13th August 2007 on the New York Mercantile Exchange. This dip is in continuity to the decline prompted by news of a US economy slowdown. Naphtha declined in line with falling crude oil prices. ...

Petrobras to increase petrochem investment by 30% through 2010

Petrobas -Brazil's state oil company Petrobras, will increase investment in petrochemicals by 30%, hiking the investment amount to US$4.3 bln from the previous plan. Spending on biofuels will rise 25% to US$1.5 bln. These investments form part of the US$112.4 bln earmarked by ...

BASF wins lawsuit against Lyondell Chemical Co. for overpricing

German chemicals company BASF AG has won a lawsuit against its U.S.-based supplier Lyondell Chemical Co. for overpricing of propylene oxide. In 1998, BASF and Lyondell signed a contract under which Lyondell would deliver propylene oxide to BASF for 13 years for no more than the ...

SRF plans petrochem complex in Gujarat

SRF, a leading player in technical textiles and refrigerant gases is exploring possibilities of setting up a Rs 2,000 crore petrochemical complex in South Gujarat. SRF also has operating interests in packaging films and pharma intermediates. SRF has approached the state ...

Shaw Group awarded ethylene plant contracts in China

The Shaw Group has been awarded a contract to develop two ethylene plants in China, each with a capacity to produce 800,000 tons of ethylene. The plants will be at two different separate locations and will be built for PetroChina, a subsidiary of the state-owned China National ...

Explosion at Siberian plant kills four workers

An explosion at a Siberian plant killed 4 workers and injured four others. The blast occurred at Russia's largest PVC manufacturer, Sayanskchimplast's plant located at Sayansk, in Irkutsk Oblast. The explosion took place during the production of ethylene dichloride, a highly ...

German chemical supplier Degussa expands operations in China

BEIJING, Aug. 19 (Xinhua) -- Degussa, a specialty chemicals supplier from Germany, is expanding its operations in China, planning to boost sales in the country to 800 million euros in 2009. The Beijing-headquartered Degussa China Co., Ltd. has spent over 22 million euros to ...

Oil prices rise on news of refinery fire in USA

Light, sweet crude for September delivery rose to US$71.50 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore. New of a U.S. refinery fire have helped crude futures recover from the previous session's more than US$2 decline. A fire ...

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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

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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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