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No new MTBE projects in Asia despite tight supply

Asia is currently short of MTBE, and is likely to remain undersupplied in 2009 as well. Although the supply-demand balance favors the start-up of new capacities in the region, few MTBE producers in Asia are eager to invest in new plants, citing a cloudy outlook for the industry. ...

DuPont commences operations at new fluoropolymer plant in China

DuPont has commenced operations at a new fluoropolymer production plant in Changshu, China. The plant, which produces polytetrafluoroethylene (PTFE) fine-powder and dispersion for global customers, with focus on Asia Pacific, marks a significant milestone in the company's ...

Antimicrobial additive for personal care and pharmaceutical product manufacturers

A newly introduced antimicrobial additive will aid personal care and pharmaceutical product manufacturers to help stop the spread of infection. It is ideal for a wide range of products, from antibacterial products such as hand soaps and sanitizers to bath care, skin care and hair ...

China charged with dumping PE, PP woven sacks in USA

USA has charged China with dumping of woven sacks made from polyethylene and polypropylene, used for retail packaging of pet food and bird seed. Chinese producers have sold the sacks in USA at 63.89-108.09% below fair value. US customs have been instructed to collect a cash ...

Crude futures advance as Fed cuts rate

NEW YORK, Jan. 30 (Xinhua) -- Crude futures traded higher Wednesday after the U.S. Federal Reserve cut key interest rate by a half percentage point. The Energy Department's Energy Information Administration said crude and gasoline stocks rose by 3.6 million barrels each during ...

Canada's Suncor announces oilsands expansion plan

OTTAWA, Jan. 30 (Xinhua) -- Canada's Suncor Energy Inc., the world's second largest oilsands operator, said Wednesday it is investing 20.6 billion Canadian dollars (20.4 billion U.S. dollars)to expand its oilsands project. In a statement released Wednesday morning, the company ...

Pan American announces new oil reserve in Argentina

BUENOS AIRES, Jan. 29 (Xinhua) -- Pan American Energy, an Argentine-British joint venture, Tuesday gave more information about the finding of new oil and gas reserves in Argentina's southern province of Chubut. Chubut province's Coordination Minister Norberto Yahuar said Tuesday ...

OPEC production increase is 'warranted': US Bodman

US Energy Secretary Samuel Bodman Tuesday said increased oil production by OPEC members was "warranted," adding that he asked for the boosted output when he met with officials from OPEC countries last week during a Middle East trip. Speaking at a press conference at the US ...

Japan's ethylene output touches an all time high in 2007

Propped by growing demand in Asia, Japan's ethylene output has reached an all-time high level in 2007. Output rose by 2.8% this year to 7739,200 tons, exceeding the previous record of 7,686,900 tons in 1999.

Crude prices plunge on negative economic data

NEW YORK, Feb. 1 (Xinhua) -- Crude futures plunged Friday due to renewed worries on U.S. recession as employers cut jobs in January. The Labor Department said Friday that employers cut 17,000 jobs last month, the first reduction in more than four years and a sign that the economy ...

US group promotes recycling vs bag bans

HOUSTON (ICIS news)-- The Textile Bag and Packaging Association is promoting plastic-bag recycling programmes versus outright bans, the trade-group's president said on Friday. Such bans are "feel-good stuff," said association President Mike Lawrentz. "I would rather see good ...

Chinalco, Alcoa buy 12% stake of Rio Tinto's UK-listed firm

BEIJING, Feb. 1 (Xinhua) -- The Aluminum Corporation of China (Chinalco) and the U.S. aluminum producer Alcoa bought a 12 percent stake in the Britain-listed company of iron ore giant Rio Tinto on Friday, the biggest ever stock trading case in value. The total price of the ...

BASF reorganizes its masterbatch business

01 Feb 2008 - BASF is reorganizing its masterbatch business in Europe. In the future, BASF's specialists for coloring a wide variety of products made from plastics will operate under the name "BASF Color Solutions". A unified, pan-European structure and a more intensive exchange ...

China's Consumption of Synthetic Resin to cross 45 mln tons by 2010

China is one of the five key synthetic resin consumption countries in the world as per a report buy Research and Markets. Since 2007, because the downstream demand increases rapidly, the production of synthetic resin has been on a steady ascending trend. The output of polypropyle...

Graham Corporation awarded US$1.8 mln order for CTL facility located in China

Graham Corporation has been awarded a US$1.8 mln order for two surface condensers to be installed in a coal-to-liquid (CTL) facility located in China. The condensers will be manufactured in Graham's Batavia, New York facility with final shipment planned for Q4-09, ending March 31...

Release of Bisphenol A from Polycarbonates influenced by Temperature of liquids

Bisphenol A (BPA) exposure from polycarbonate plastic bottles is influenced not by the age of the container, but by the temperature of the liquid. The liquid's temperature has the most impact on how much BPA is released, according to University of Cincinnati (UC) scientists. The ...

UOP Technology to convert Methanol to Olefins licensed to new Nigerian plant

UOP LLC, a Honeywell company, has confirmed that Viva Methanol Limited, a subsidiary of Eurochem, has selected the UOP/Hydro MTO process technology and the Total Petrochemicals/UOP Olefin Cracking process technology to produce light olefins - the basic building blocks for ...

Sinopec, Saudi Basic Industries Corp. agree to build $1.7 bln China joint venture

BEIJING, Jan. 31 (Xinhua) -- Saudi Basic Industries Corp. (SABIC) said it signed Thursday a framework agreement with China Petroleum and Chemical Corp. (Sinopec) to build an ethylene derivatives plant with an annual production capacity of one million metric tons. The two ...

Crude futures retreat on demand worries

NEW YORK, Jan. 31 (Xinhua) -- Crude oil prices fell on Thursday on growing U.S. economic problems and rising fuel inventories. Light crude for March delivery settled down 58 cents at 91.75 U.S. dollars, erasing some earlier losses that sent prices down to 89.58 as the U.S. stock ...

Unipetrol broaden investments in petrochemical products

Unipetrol has approved two investment projects at an investment outlay to the tune of CZK hundreds of million. The investments will expand the petrochemical product portfolio of Unipetrol RPA with more types of monomers and will enable better utilization of ethylene unit's ...

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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