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Flexible nanoantenna arrays capture abundant solar energy

Researchers have devised an inexpensive way to produce plastic sheets containing billions of nanoantennas that collect heat energy generated by the sun and other sources. The technology, developed at the U.S. Department of Energy's Idaho National Laboratory, is the first step ...

Pickens says oil won't go below $100

NEW YORK - Texas oil billionaire T. Boone Pickens said on Thursday crude prices may soon fall as low as $110 a barrel amid falling gasoline demand, but should not sink below $100 because the United States depends heavily on oil imports. "I don't think it'll drop below $100," ...

Cheaper oil to shave $79 billion off OPEC earnings: EIA

WASHINGTON - Falling crude oil prices will cost OPEC about $79 billion in lost oil export revenue this year and almost $100 billion in 2009, according to the U.S. government's top energy forecasting agency. Net oil export earnings from the Organization of the Petroleum Exporting ...

High costs, low demand pummel processors

HOUSTON --US plastic processors continue to suffer from high resin costs and low demand in the key automotive and residential end markets, consultants said on Thursday. No bottom is in sight for the US housing market, which is in a multi-year slump. As such, processors that ...

Price rise imminent for Solutia's Plastic Products Unit

Missouri-based market leading performance materials and specialty chemical maker, Solutia has announced a noteworthy 20% increase in prices for the products under its Plastics Products Unit, with effect from August 12, 2008. The major reason for the hike can be attributed to the ...

US crude inventories down 400,000 barrels; price hits US$117 levels

On Thursday, oil nearly jumped by one dollar and moved closer to US$117/barrel extending gains of three dollars in the previous session, as the depletion of crude and gasoline stocks in the US provoked supply concerns. Nevertheless, analysts predict that a tight credit market in ...

Positive Vote for Four BASF Crop Protection Compounds

The Standing Committee on the Food Chain and Animal Health greenlighted four BASF pesticides following the positive assessment of the European Food and Safety Authority (EFSA). Among the compounds are the fungicides epoxiconazole and fenpropimorph, two cornerstones in BASF's Crop ...

Clemson scientists put a (nano) spring in their step

Electronic devices get smaller and more complex every year. It turns out that fragility is the price for miniaturization, especially when it comes to small devices, such as cell phones, hitting the floor. Wouldn't it be great if they bounced instead of cracked when dropped? A ...

Phthalate free, very stretchable thermoplastic polyurethane alloy introduced

In a bid to offer enhanced product design and application parameters for medical product and other designers and manufacturers, a new phthalate (plasticizer) free very stretchable thermoplastic polyurethane (TPU) alloy has been introduced by New England Urethane. With a vertical ...

Buying sentiments for polyolefins in India weaken further in line with Asian markets

Conventionally, the months of August and September form part of the peak demand season for PP and PE in India. Interestingly, buying sentiments this year have been to the contrary, notwithstanding a further price reduction by producers as well as protection against further price ...

BASF adds more businesses for sale in divestment of global styrenic business

Faced with menacing petrochemicals supply glut in the Middle East and rising feedstock prices, BASF put more of its plastics business up for sale. In January 2009, BASF will complete the divestment process of its global styrenic business and reorganize the business into new ...

Thailand's IRPC plans ABS and propylene capacity addition at US$158 mln outlay

As part of its strategy to focus more on high-value products, Thai petrochemicals conglomerate IRPC Plc plans to invest a total of US$158 mln in ABS and propylene capacity expansion. The board had approved an outlay of US$70 mln for a sixth acrylonitrile butadiene styrene (ABS) ...

Asian glycerine values bottom out

SINGAPORE--The bear rampage in Asian refined glycerine spot pricing seems to have finally eased, with some sellers confident that prices have finally bottomed out, market sources said on Tuesday. Glycerine prices in Asia had fallen by more than 50% from its heyday, when drummed ...

Oil rises over $1 on Gulf of Mexico storm threat

PERTH - Oil rose more than $1 to top $115 a barrel on Monday, as investors eyed a potential supply threat from Tropical storm Fay to oil and gas production in the Gulf of Mexico. But analysts said a rising U.S. dollar and news that Russia would begin withdrawing its troops from ...

DNO says no output from Iraq oilfield in August

OSLO - Norwegian oil firm DNO (DNO.OL: Quote, Profile, Research, Stock Buzz) said on Monday it would get no oil from its Tawke field in north Iraq as the Kurdistan regional authorities have put production on hold during a review of licensing and other procedures. "According to ...

Indo Rama to invest Rs 400 cr in spandex manufacturing plant

Indonesia-based Indo Rama SPL group has decided to set up a stretch fabric manufacturing unit in Himachal Pradesh. The group plans to invest Rs 400 crore for setting up the spandex manufacturing plant, a first of its kind in the country. Indo Rama SPL group is a global manufactur...

Kuwait's investment in Chinese JV could increase to US$9 bln

Kuwait Petroleum International (KPI) has formed a oint venture with China's biggest oil refiner Sinopec Corp. at an initial investment of US$5 bln in the Nansha, Guangzhou. The investment outlay is estimated, at this stage, to spike to US$9 bln. The two countries signed MoU in ...

IChemE confirms new plans for China

The Institution of Chemical Engineers (IChemE) has announced plans to establish a greater presence in China, following the appointment of Dr Yan Tsaur as the country's first IChemE Operations Director. Professor Richard Darton, IChemE President, outlined the Institution's Chinese ...

New theory for latest high-temperature superconductors

Physicists from Rice and Rutgers universities have published a new theory that explains some of the complex electronic and magnetic properties of iron "pnictides." In a series of startling discoveries this spring, pnictides were shown to superconduct at relatively high temperatur...

Iraq to sign $1.2 bln oil service deal with China

BAGHDAD - Iraq will soon sign its first big international oil deal since the fall of Saddam Hussein, a $1.2 billion oil service contract with China, oil minister Hussain al-Shahristani was quoted as saying on Tuesday. The deal covers a small field producing just 90,000 barrels ...

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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