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Stephen F Cooper Elected to LyondellBasell Board

LyondellBasell has elected Stephen F Cooper to the company s supervisory board. Cooper is replacing Philip Kassin, who recently resigned. Cooper is co-founder of Zolfo Cooper, an interim management firm, and has also served as vice chairman and Metro-Goldwyn-Mayer. He was CEO of ...

Huntsman Releases Second Quarter 2010 Results

IMPROVED DEMAND LEADS TO SECOND QUARTER EARNINGS OF: $116 MILLION IN NET INCOME AND $257 MILLION IN ADJUSTED EBITDA Second Quarter 2010 Highlights Revenues for the second quarter of 2010 were $2,343 million, an increase of 27% compared to $1,846 million for the same period in ...

China: Sinopec Gaoqiao's Exports Hike in H1, 2010

Sinopec Gaoqiao s total export volume in H1 touched the highest level in history, up by 46% over the last year. In 2009, the profits of its new polyether products occupied 50% of total profits, compared with 25% in 2004. The company always engaged itself in product innovation and ...

Gas prices rise as crude oil goes above $80 a barrel

Gas prices climbed 2 cents per gallon in San Antonio this past week to $2.55 a gallon due, in part, to higher crude oil prices, according to the AAA Texas Weekend Gas Watch. The average price for a gallon of unleaded gasoline increased one penny in Texas, from $2.59 to $2.60, ...

Singapore's middle distillates stockbuild adds to glut

Singapore's onshore stocks of middle distillates have surpassed this year's previous high, underlining a persistent supply glut in Asia-Pacific. Stocks of middle distillates, comprising gasoil and jet-kerosine, rose for the second straight week in Singapore to increase by 262,000 ...

Chemical exposure at Valleyfair sends 16 to hospital

Sixteen people were sent to the hospital after being exposed to a pool cleaning chemical at Valleyfair Amusement Park Thursday. Shakopee Police Captain Craig Robson says the chemical is a bleach-like product called sodium hydrochloride. He said only Valleyfair guests in the Soak ...

States want petro goods out of GST ambit

The government s efforts to roll out the goods and services tax (GST) on April 1 next year has run into more hurdles as states have reiterated a demand that petroleum products be kept out of the proposed indirect tax regime. Petroleum products have to be kept out of GST, Asim ...

Watching the electrons, and chemistry in motion

The elusive goal of observing chemistry in action at the atomic level just took a quantum leap forward. Physicists using laser pulses have been able to observe for the first time in real time the outermost electrons of krypton atoms. As you may recall from high school chemistry ...

Chemical treatment for algae, invasive plants coming to lakes next week

Chemical treatment on three of the Yahara chain of lakes will begin next week, in the annual attempt to rid the waters of algae and invasive aquatic plants. The lakes being sprayed this year are Mendota, Monona and Waubesa. The treatments this summer are very late in the season, ...

China: SHFE's fuel oil futures delivery stock rises 0.6% to 321,200mt

Fuel oil delivery stock for futures in nine appointed terminals of the Shanghai Futures Exchange was 321,200mt in total as of Aug 6, slightly up 4,200mt or 0.6% from one week ago, according to data released by SHFE. The volume accounted for 44.07% of the total storage capacity. ...

Croatia's Dioki interested in Vinyls Italia investment: ministry

Croatian polymer producer Dioki may be interested in investing in Vinyls Italia, Italy's vice-secretary of economic development Stefano Saglia said in a note on the ministry website Friday. Dioki signaled its intention to "invest in the Italian chemical sector" in a meeting with ...

BLM plans PRB coal sales in face of environmental opposition

The US Bureau of Land Management plans to go ahead with the sale of more than 350 million short tons of coal in the Wyoming Powder River Basin, despite objections and at least one planned lawsuit from environmental groups. The BLM will set a date for the lease sale at a later ...

Lack of buying interest still affecting coking coal spot prices

A still quiet steel market and lower-priced domestic coking coal are still severely limiting China's buying interest for seaborne coking coal, market sources said Friday. Platts adjusted its Australian mid-vol HCC export price down by $1/mt to $176/mt FOB Hay Point. The Chinese ...

Environmentalists call for probe of diesel use in fracking fluid

A coalition of environmental organizations is calling on Congress and the US Environmental Protection Agency to investigate the alleged use by two oil field services companies of diesel fuel in their hydraulic fracturing fluids, in apparent violation of federal law. The coalition ...

Gunvor sets sights on expanding LNG presence in Europe, Asia

Geneva-based trading company Gunvor has purchased about 20 spot LNG cargoes, which it plans to deliver primarily into northwest Europe starting this winter, according to its head of LNG. "The aim is to link our LNG activities in the Atlantic Basin with our European gas and power ...

BP says Macondo static kill cementing completed

BP has completed the cementing phase of the static kill operation to close its blown-out Macondo well in the Gulf of Mexico, said Thursday. "BP today completed cementing operations at the MC252 well at 14:15 CDT, as part of the static kill procedure," the company said in a ...

Japan's Inpex acquires first upstream exploration asset in Peru

Japan's Inpex Corporation has taken a foothold in the Peruvian upstream sector through the acquisition of a 25% participating interest in Block 117 in the country's north, the exploration and production company said Friday. Inpex is already involved in a number of exploration, ...

Russia: NWE biodiesel prices rise sharply on Russia's grain exports ban

Biodiesel prices in NWE rose sharply Thursday afternoon and continue to be supported Friday morning after feedstock prices rallied after Russia announced a temporary ban to grain exports. The ban, which covers wheat, barley, rye and corn as well as wheat and rye flour, led CBOT ...

Gulf Keystone gets Iraq Kurdistan government OK for PSC changes

The UK's Gulf Keystone said Monday Iraq's Kurdistan Regional Government and all other parties had approved and executed amendments to respective production sharing contracts giving it a 100% stake in Gulf Keystone Petroleum International effective August 1, 2010. GKPI was ...

China: Shanxi Sanwei 75kt/y BDO Facility Starts up

It is known from Shanxi Sanwei Chemical that the company s 75kt/y BDO facility has started up, but actual time when products will be yielded remains unclear. Besides the 75kt/y facility which makes BDO from maleic anhydride (MAH), the company still has two BDO facilities which ...

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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