industry

Thermo Fisher Scientific Inc. announced that it has acquired FIBERLite Centrifuge, Inc., of Santa Clara, California, supplier of carbon fiber centrifuge rotors. "We have been offering FIBERLite rotors as an alternative to aluminum and titanium rotors in our Thermo Scientific ...
The Korean company SKC of Seoul has started up in Ulsan the world's first ever commercial-scale plant for production of propylene oxide by the innovative HPPO process, according to Evonik Industries. The plant has an annual capacity of 100,000 metric tons. Evonik Industries and ...
SINGAPORE--China s polypropylene (PP) import demand may improve in October as plastics processors are expected to replenish their stocks by then, regional PP producers said on Monday. "Buying interest is expected to be weak for August and September shipments due to the current ...
Decline in China's demand for iron ore has forced global iron ore majors to lower prices. Global iron ore majors including Rio Tinto Group, BHP Billiton and Brazil's Vale SA have told steel companies in China that they will lower iron ore prices by 10 percent from October. ...
The School of Physics, Shandong University, has shown that the coercivity mechanism of HDDR Nd-Fe-B permanent magnetic alloy is greatly related to its microstructure defect at the grain boundary. The investigation can provide a clear understanding of coercivity mechanism, and ...
A University of Washington study of top-selling laundry products and air fresheners found the products emitted dozens of different chemicals. All six products tested gave off at least one chemical regulated as toxic or hazardous under federal laws, but none of those chemicals was ...
PERTH - Oil held steady and hovered at a seven-week low of about $123 a barrel on Monday, pausing from a decline that has knocked more than $23 off crude in two weeks, despite escalating tensions in Iran and Nigeria. Analysts said geopolitical tensions were being overshadowed by ...
PERTH - Oil rose towards $124 a barrel on Monday, rebounding from a seven-week low, in what analysts said was technical buying and short-covering after recent declines left the market oversold. But analysts said worries of slowing fuel demand, which have dragged crude prices down ...
TEHRAN - Iran is currently exporting 2.5 million barrels of oil per day (bpd), Oil Minister Gholamhossein Nozari was quoted as saying on Sunday. Nozari, quoted by the Oil Ministry website Shana, also said Iran received on average $120 per barrel for its crude. Shana noted this ...
BEIJING-- Eueopean stocks posted their first back-to-back weekly gains last week since May as better earnings and lower oil prices fueled a rally in car makers and banks climbed on speculation credit-market losses will abate. Volkswagen, Fiat and Peugeot Citroen reported profit ...
SINGAPORE--Polyvinyl chloride (PVC) imports into China in 2008 could fall below 1m tonnes for the first time in 10 years on economic uncertainties and Olympic regulations hampering the chlor-alkali industry, producers and traders said this week. The country only imported 425,047 ...
TOKYO - Oil prices steadied at above $122 a barrel on Wednesday, attempting to put a floor under their steepest slide in a year and a half as traders looked ahead to an expected rise in fuel inventories amid eroding U.S. demand. Prices, which are now at their lowest in nearly ...
Naphtha prices have plunged by over hundred dollars in a couple of weeks. From record highs of US$$1245/ton on July 4, naphtha is now trading below US$1100/ton CFR Japan. With this fall in naphtha prices, the Asian ethylene producers, who have been running their plants at reduced ...
Under pressures of feedstock shortage, SABIC Innovative Plastics has declared force majeure (FM) on ABS and SBR products in North America. Compelled by prolonged tight supply from butadiene (BD) producers, SABIC IP has put acrylonitrile-butadiene-styrene (ABS) and styrene...
FMC Corporation (NYSE: FMC) announced that it has entered into an agreement to acquire CoLiving Food Ingredients based in Guangzhou, China. The acquisition will enhance FMC's leadership position in supplying specialty hydrocolloid products and services to the rapidly growing food ...
NEW YORK (Reuters) - Oil prices rose more than $1 on Monday after militant attacks slashed Nigerian oil production and Iran stirred geopolitical tensions by suggesting it was rapidly expanding its nuclear program. The gains were limited somewhat by fresh evidence that high prices ...
As a next step in its strategic transformation, PolyOne Corporation announced that it is realigning certain of its manufacturing assets, primarily in North America. The decision to realign assets is a result of the Company's ongoing focus on both the operational excellence and ...
JAKARTA - Oil prices are still abnormally high, and OPEC member nations should not cut supply if they continue to fall as the oil market is now in balance, OPEC President Chakib Khelil said on Tuesday. Khelil, who is also Algeria's oil minister, said that oil prices could fall to ...
SINGAPORE--Cracker operators in Asia were considering increasing ethylene production following a recent slump in naphtha feedstock prices, producers said on Tuesday. Rising upstream crude and naphtha values this year had earlier forced some producers to trim cracker operating ...
WASHINGTON - The White House on Wednesday made a new push for expanded offshore drilling to help lower fuel prices, days after new government data showed American petroleum product exports hit record levels. Flanked in the White House Rose Garden by his cabinet after meeting to ...
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 ...
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 ...
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 ...
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 ...