industry

After acquisition of the captive power JV- HPL Cogeneration Limited, Haldia Petrochemicals Limited is planning a INR 70 crore investment in the power plant to cut down on energy bills; by reducing the use of high cost naphtha with petrochemicals gas and several low cost ...
Weak buyer sentiments prevented conclusion of deals and kept acrylonitrile markets across the globe limp. As global oil and feedstock markets continue to decline, Asian buyers are in no hurry to conclude deals in anticipation of a further price down revision. Barely any ...
SINGAPORE--Sinopec s recent move to reduce polyolefins inventories through production cuts in August have failed to raise local market sentiment, as many buyers are not convinced that the cuts will be significant enough to tip the supply balance, local distributors and regional ...
AkzoNobel has expanded its presence in China with the opening of a new site for the manufacture and sales of protective coatings in Suzhou, China, about 80 kilometers west of Shanghai. At opening ceremonies, Leif Darner, the AkzoNobel Board of Management member responsible for ...
AkzoNobel has expanded its presence in China with the opening of a new site for the manufacture and sales of protective coatings in Suzhou, China, about 80 kilometers west of Shanghai. At opening ceremonies, Leif Darner, the AkzoNobel Board of Management member responsible for ...
BASF is continuing the divestment process of its global styrenic business and plans to reorganize the business into new subsidiaries as appropriate. The new companies are expected to be established in January 2009. In addition, the scope of the activities to be sold will be ...
BEIJING-- China will complete the construction of its first four strategic oil reserves by the end of this year, a senior government official said yesterday. "The progress has been smooth and all the four bases will be completed by the year end," Zhang Guobao, administrator of ...
Following its strategy of growth, Tikkurila, which is responsible for Kemira's paints and coatings business, will strengthen its position in East Europe by establishing a sales company called IP Tikkurila in Minsk to be responsible for the marketing, sales and distribution of ...
An international team of researchers led by Monash University has used chemicals found in plants to replicate a key process in photosynthesis paving the way to a new approach that uses sunlight to split water into hydrogen and oxygen. Professor Leone Spiccia, Mr Robin Brimblecomb...
DuPont Engineering Polymers (EP) has realigned its European organizational and geographical structure to reflect the increasingly global nature of its business. The changes form part of the business' overall business strategy to deliver value to its customers through innovation, ...
Border security and other threats, such as identity theft, are driving the development and use of electronic identity security documents that can resist compromise by incorporating a variety of sophisticated graphic technologies like laser marking. One company on the forefront of ...
Galapagos NV announced that its service division BioFocus DPI and UCB have signed a contract for the provision of chemistry services in the UK by BioFocus DPI, for one of UCB's medicinal chemistry programs. The total contract value for Galapagos could potentially exceed EUR4 M. ...
The strong demand from the makers of propylene derivatives like acrylic acid, propylene oxide and others led to the Asian propylene market remaining firm on Monday and edged up US$5-10/mt relative to the Friday price. As opposed to a tame polypropylene trade, the propylene prices ...
Whether in carrying bags, bottle caps, or buckets: We use high density polyethylene (HDPE) daily. One third of all toys are manufactured from this thermoplast. Less often seen, but nevertheless vital goods produced from HDPE include water pipes, gas mains, oil tanks, and ...
SINGAPORE--Asian caustic soda prices fell by almost 12% in the past month on high inventory and weaker demand but traders and producers said on Wednesday that they were cautiously optimistic a sharp prolonged downturn was not on the cards. Exports from northeast Asia were last ...
WASHINGTON - The U.S. Government said on Tuesday it would grant Citgo Petroleum Corp's request for 250,000 barrels of crude oil from the Strategic Petroleum Reserve in the aftermath of Hurricane Gustav. Citgo, owned by the Venezuelan state oil company, is the only oil company so ...
SINGAPORE - Oil dropped more than $1 to below $109 on Wednesday, deepening this week's sharp fall as traders looked past Hurricane Gustav to focus on a wobbly global economy and the gloomy outlook for energy demand. Oil has tumbled more than $6 since Friday, touching its lowest ...
NEW YORK -- Crude oil tumbled to a five-month low Tuesday as traders shifted their concern from Hurricane Gustav to dampening global demand. Light, sweet crude for October delivery dropped 5.75 dollars to settle at 109.71 dollars a barrel on the New York Mercantile Exchange. ...
The formation of joint venture between Kemira Oyj and Rockwood Holdings, Inc. has been completed. Creation of the new company is part of the implementation of Kemira's new strategy. The deal will create one of the world's leading producers of specialty titanium dioxide pigments, ...
SINGAPORE--Thailand s economy is braced for tougher times ahead as the latest political upheaval takes its toll on consumer sentiment, analysts, sellers and buyers said on Tuesday. In the latest turn of events, Prime Minister Samak Sundaravej declared a state of emergency in ...
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 ...