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Dow and Chevron Phillips to acquire joint control of Americas Styrenics

US chemicals makerr Dow Chemical Co and US petrochemical products supplier Chevron Phillips Chemical Co plan to acquire joint control of U.S. styrene and polystyrene producer Americas Styrenics. The EU has been notified in March, with end of the month set as a deadline for the ...

Husky sells half of Indonesia gas field to CNOOC

CALGARY, Alberta, April 17 - Husky Energy Inc said on Thursday it has agreed to sell a half interest in an Indonesian natural gas field to China National Offshore Oil Corp for $125 million in order to speed its development. Husky, Canada's No. 3 oil explorer and refiner, said it ...

Iran questions need for OPEC to cool oil prices

TEHRAN - Iran's oil minister on Wednesday questioned the need for OPEC to hike production to cool surging oil prices, snubbing calls for more crude from its Western foes, the United States and Britain. Crude hit a record high of $114.08 a barrel on Tuesday. "Why should OPEC try ...

IOC mulls refinery cum petrochemical complexes in Turkmenistan and Kazakhstan

Indian Oil Corporation (IOC) is mulling the possibility of setting up refinery cum petrochemical complexes in Turkmenistan and Kazakhstan. IOC has informed the petroleum ministry IOC of its intent to set up plants across Central Asia. Currently, IOC has no activity pertaining to ...

EU carbon plan could obliterate Europe's petrochemicals and refining industry

Chief executive of leading European oil refining company has warned that a proposed European Union scheme to force companies to pay for carbon emissions permits previously handed out free could end up destroying Europe's petrochemicals and refining industry. In January the ...

OPEC daily oil prices set new record

VIENNA, April 11 -- The daily average oil prices of the Organization of Petroleum Exporting Countries (OPEC) set a new record of 103.74 U.S. dollars per barrel (dpb) Thursday, the Vienna-based cartel said Friday. The prices were 0.86 dollars higher than the last recorded 102.88 ...

Oil falls on China's tightening policy

Crude prices Friday broke below 88 U.S. dollars a barrel as China raised bank reserve requirement and positive economic data lifted dollar. China's central bank on Friday raised bank reserve requirement by 50 basis points for the third time in a month to counter inflation. ...

Equatorial Guinea is fast-growing oil producer

Equatorial Guinea held local and parliamentary elections on Sunday that were widely expected to affirm President Teodoro Obiang Nguema's tight grip on power. The discovery of oil in the mid-1990s has propelled the small Gulf of Guinea state to become sub-Saharan Africa's third ...

Nigeria oil rebels say mulling Obama truce appeal

LAGOS - Rebels who have stepped up attacks on Nigeria's oil industry in the last month said on Sunday they were considering a ceasefire appeal by U.S. presidential hopeful Barack Obama. The Movement for the Emancipation of the Niger Delta (MEND) has launched five attacks on oil ...

UK's Brown calls for pressure on OPEC on oil price

LONDON - British Prime Minister Gordon Brown called on Sunday for international pressure on oil producers' group OPEC to bring oil prices down. "Clearly oil prices are very high. Clearly also there needs to be some international effort with OPEC to get the oil price down," he ...

Russian Apr oil output falls again, exports rise

MOSCOW - Russian oil production fell for a fourth month in row in April, confirming pessimistic forecasts for the year, when it is expected to fall for the first time in a decade, while exports rose on the back of improved weather. Energy Ministry data released on Sunday showed ...

Gilson announces the opening of the Gilson Service Center of Excellence

Gilson, Inc. announced the opening of the Gilson Service Center of Excellence. Located in Middleton, Wisconsin, the new state-of-the-art facility offers pipette repair, calibration and certification for pipette customers located throughout the United States. Every aspect of the ...

Ashland updates JV business name in India

02 May 2008 - In an effort to present a clear vision to customers in India, Ashland Inc., is changing the name of one of its joint ventures in that country. Chembond Drewtreat Limited is now Chembond Ashland Water Technologies Limited. According to the company, Chembond Ashland ...

Per Westin named regional commercial manager Europe for Angus Chemical Company

Per Westin has been named regional commercial manager for Europe, East and West, for ANGUS Chemical Company (ANGUS), a wholly owned subsidiary of The Dow Chemical Company (Dow). This role will be in addition to Per's current role as regional commercial manager of Dow Biocides, a ...

Exxon resumes 300,000 bpd Nigeria oil production

LONDON - Exxon Mobil said on Friday it has restored some of its Nigerian crude oil production, which had been shut following a workers' strike. "ExxonMobil upstream affiliates in Nigeria confirm that they are in the process of restoring production, with current levels at ...

BASF says financial crisis hardest in N.America

FRANKFURT - German chemicals company BASF has felt the repercussions of a financial crisis mostly in North America and expects the global market for chemicals to grow by 2.8 percent this year, its chief executive told a German weekly. "We have been feeling the effects primarily ...

Nano-designed transistors with disordered materials, but high performance

06 May 2008 - The Holy Grail for transistor designers has been the requirement to be able to get high performance at reduced costs over very large substrate areas. Transistors on cheap and flexible substrates like glass and plastics are currently unable to deliver such performanc...

Chemists measure chilli sauce hotness with nanotubes

06 May 2008 - If you can't stand the heat, get out of the kitchen and into the lab - chemists can now use carbon nanotubes to judge the heat of chilli sauces. The technology might soon be available commercially as a cheap, disposable sensor for use in the food industry. Richard ...

InnovationsAward for Postnova at Analytica 2008

At this years analytica 2008 trade show Postnova Analytics was awarded with the GIT InnovationsAward. Postnova won the silver medal for the development of the TF2000-MALS Series, which is a new type of separation and characterization method for polymers and Nanoparticles based on ...

US natgas legislation taking shape - ACC

NEW YORK --US legislation to broaden access to natural gas supplies could come about before the end of the year, American Chemistry Council (ACC) CEO Jack Gerard said on Monday. We are still heavily focused on energy and natural gas supply. And this issue is coming out front and ...

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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