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Dow Canada to sell chlor-vinyl business in Western Canada

Midland, MI -- Dow Chemical Canada has announced it has signed an agreement to sell Dow s caustic soda business in Western Canada to Univar Canada Ltd. This sale includes the West Coast Distribution Center terminal assets which consist of marine, rail and truck facilities in ...

PE for Micro-Irrigation applications help to reduce water loss due to leakage

FINGERPRINT polyethylene introduced by Dow is an effective in increasing the performance of micro-irrigation systems while helping to reduce the amount of water lost to leakage. FINGERPRINT polyethylene resins were developed for demanding micro-irrigation hose and tubing ...

Degussa expands research capabilities in China

14 August 2007 Degussa has expanded its R&D centre in Shanghai, China, which includes the opening of a new technical centre for its high performance polymer business unit to develop new application and polymer technologies in the Asia Pacific region. First inaugurated in 2004, ...

Polymer Market Update in North America, August 13, 2007

The commodity resin markets were active this past week. Spot Polyethylene trading volumes were strong as most producers pushed back their August $.04/lb price increase effort until September 1st, but also nominated another $.05/lb for Sep 15th. Spot Polypropylene offers eased a ...

Polyethylene Market Update in North America, August 13, 2007

Volume: Very strong Price: Steady The spot Polyethylene market was considerably more active than we expected for the first full week of August. While several producers have held their spot offers $.04/lb higher in line with their increase nominated for August contracts, others ...

Polypropylene Market Update in North America, August 13, 2007

Volume: Good Price: Mostly Steady In very early August Generic Prime Polypropylene offers were shown to the market priced $.03 - .04/lb higher than in July. This reflected producers' intent to raise prices for August resin contracts since feedstocks were again on the rise. Buyers ...

Polystyrene Market Update in North America, August 13, 2007

Volume: Fair Price: Steady Spot Polystyrene prices remain mostly within the range of the $.70s/lb. The high price level of resin has damaged demand and producers have responded by reducing production capacity (some indefinitely) and restricting operating rates. Disciplined ...

Pre-feasibility report negates viability of ONGC's Kakinada refinery

Oil and Natural Gas Corporation's (ONGC) proposed greenfield refinery at Kakinada, Andhra Pradesh, has been found commercially unviable in a pre-feasibility report prepared by Consultants Engineers India Ltd (EIL). A detailed feasibility report on the 15-mln ton refinery, for ...

Hexion Posts Loss on High Raw Material Prices

Hexion Specialty chemicals reported a net loss of $4 million in the second quarter, compared to a net loss of $75 million in the same period last year. Sales rose 10%, to $1.46 billion. While we experienced ongoing volatility and historically high prices for several key raw ...

China resumes anti-dumping duty on imported dichloromethane

BEIJING, Aug. 15 (Xinhua) -- China's Ministry of Commerce on Wednesday resumed its anti-dumping tax on dichloromethane imported from the United Kingdom, the United States, the Netherlands, Germany and the Republic of Korea. The measure would be in place for five years, said a ...

Kemira has completed its strategic review of the Pigments business unit

15 Aug 2007 - Kemira Oyj has concluded the evaluation of strategic alternatives for its business unit Pigments. Based on the review, Kemira will remain the owner of Pigments and continue to run it as part of the Kemira Specialty business area along with the ChemSolutions and ...

Solvay launches Peracetic Acid production in China

15 Aug 2007 - Solvay announced that its new Peracetic Acid (PAA) production plant in Suzhou, China is now fully operational and will deliver advanced disinfection solutions with a low impact on the environment. The market demand in China for Solvay's PAA range, marketed under the ...

Dow Corning creates subsidiary to provide rubber products

Shanghai (Moneycontrol) -- Dow Corning has announced the creation of DC Silicone Rubber (Shanghai) Co. Ltd., a wholly-owned subsidiary of Dow Corning that will offer an expanded range of Dow Corning-branded silicone rubber products and solutions in Asia. DC Silicone Rubber ...

BASF adds third leg to Ultrason family

15 August 2007 BASF has added a polyphenylsulphone to its Ultrason family of high performance amorphous engineering polymers. The latest addition is Ultrason P, which forms a third component of the range and is being made on the company s Ludwigshafen plant, which is currently ...

Four killed in PVC explosion

15 August 2007 Four people have been killed and another four injured after an explosion at a PVC resin plant in the city of Sayansk in eastern Siberia. According to Russian media, the blast occurred yesterday at around 5.30am at the Sayanskkhimplast factory owned by PVC ...

Natural rubber production up in June

Kuala Lumpur (Bernama) -- Natural rubber production rose by 9.3 percent to 97,717 tonnes in June 2007 compared with the previous month. The smallholding sector contributed 94.3 percent of total production while the remaining 5.7 percent came from the estate sector, according to ...

OPEC raises world oil demand forecasts

August 15, 2007 - OPEC August 14 raised its forecasts of world oil demand and demand for its own crude this year and next. But it warned that the demand outlook was being clouded by a number of "emerging uncertainties," including the extent of the fallout from the housing loans ...

Metals industry surging in Russia; analysts concerned

Wearing fireproof coveralls, Ilya Dmitriyev plodded past a smelter that belched smoke and gushed molten metal, the chief product of this gritty patch of Arctic tundra where the air tastes of sulphur and concrete apartment blocks crumble on the shifting permafrost.

Malaysia's rubber output expected to improve slightly

Malaysia (People's Daily Online) -- Malaysia's rubber output is expected to improve slightly from last year as prices rise, a senior government official said last week. "Although from January to May there was a slight decline of 4.3 percent compared with the same period last year...

Steel companies seek overseas iron ore

More and more domestic iron and steel enterprises are seeking overseas iron ore resources, according to Capital Iron and Steel Group chairman Zhu Jimin.

Latest World News

china

Bill Gates talks nuclear
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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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