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Perstorp Reports Strong Second Quarter

Strong global recovery at the start of the year continued into the second quarter, with almost all markets and product segments reporting very favourable volume trends. Net sales rose by 19% to SEK 7,428 million (corresponding period last year SEK 6,268 m), despite negative ...

China: Will MEK Trade Volumes Increase alongside Higher Prices?

MEK market was bearish early in July. Some MEK producers stopped production and held low inventories, so their offers were firm while users slowed purchasing, leading to stalemated transactions. Late last week/early this week, producers lifted producers and then traders and ...

China: Sinochem Taichang PTMEG Sales Increase 164% in First-Half of 2010

With a 20,000 tonne/year polytetramethylene ether glycol (PTMEG) unit and a 20,000 tonne/year tetrafluoroethane (R-134a or HFC-134a) facility running at high load, Zhang Haibing, General Manager of Sinochem s Taicang industrial park, who was supervising production safety on site ...

China to Promote Development of CDM Projects in AA Production

China s National Development and Reform Commission reported that China s climate had changed a lot in recent 100 years with its mean annual temperature up by 0.5 0.8 . According to China's National Climate Change Program issued by the National Development and Reform Commission ...

Japan, China begin gas treaty talks

Japan and China have started talks on a treaty to allow joint natural gas development in disputed East China Sea areas. The talks follow an agreement struck in May between Chinese premier Wen Jiabao and Japan's former premier Yukio Hatoyama to start formal negotiations on the ...

Oil Bill Trips Over Liability Cap, Natural Gas

Not even 24 hours after Sen. Majority Leader Harry Reid introduced an already stripped-down oil spill/energy bill yesterday, it has already encountered a string of obstacles. Led by Minority Leader Mitch McConnell, Senate Republicans attacked the bill's removal of a liability cap ...

Russia to Retain Tax Incentives for Development of New Oil and Gas Fields

Russia will retain tax breaks in 2011 for producers developing new oil and gas deposits that require large capital outlays, though an extraction tax increase will go ahead, Prime Minister Vladimir Putin said. Tax increases are necessary for the government to meet its spending ...

European ethanol production up 31% in 2009: eBio

European ethanol output in 2009 increased by 31% year on year to an estimated 3.7 billion liters, with France and Germany leading the way, European bioethanol fuel producers association eBio said Wednesday. According to data from the association, France produced 1.25 million ...

China's Oriental Energy unable to re-export LPG on poor margins

Shenzhen-listed Oriental Energy, one of eastern China's major importers of LPG, has been unable to re-export imported LPG cargoes from its Ningbo bonded LPG terminal as Asian LPG prices have been on a downward trend since May, company sources said Wednesday. "We have been looking ...

Korea: S. Korea's share in China's bitumen import mix shrinks to 67% in Jan-Jun 2010

South Korea saw its share in China's bitumen import mix shrank to 67% in the first half of 2010, the data from General Administration of Customs (GAC) showed. It was the first time for the country to record a lower-than-70% share. Some of its market shares were snatched by ...

America: July US ethylene CPs could fall on lower spot, improved supply

July ethylene prices in the US could move lower as sources this week anticipated a possible 2-3 cents/lb drop in the July contract. Sources pointed to the gulf between current spot levels and the June contract as justification for a potential decrease. July spot offers were seen ...

North Sea butane prices strengthen on increased demand

Spot prices for delivered cargoes of North Sea butane have started to strengthen on the back of increased demand, according to industry sources. During the summer period North Sea butane is used as a petrochemical feedstock substitute for naphtha and also a feedstock for the ...

UK gas production fell 14.3% on year in 2009: National Statistics

Gross natural gas production in the UK fell 14.3% in 2009, according to the Digest of UK Energy Statistics 2010, published Thursday by National Statistics. Gross natural gas production has fallen by 45% since its peak in 2000, and net imports of gas accounted for a third of gas ...

America: Caltex Australia CEO urges more state funding for biofuel sector

The government is not investing heavily enough in the development of biofuels, the CEO of Caltex Australia, the country's largest refiner, said Thursday. "Biofuels and other alternative fuels can be a significant part of Australia's future fuel mix but policymakers need to put in ...

Norway's Statoil offers to join Gulf of Mexico response team

Norway's Statoil would like to join the group of oil companies committed to developing an initial $1 billion program to develop a rapid response system for deepwater well blowouts following the Gulf of Mexico oil spill, Statoil CEO Helge Lund told a press conference in Oslo ...

US:One-Third of Closed Gulf Fishing Area Reopened

The National Oceanic and Atmospheric Association announced last week that it was reopening one-third of previously closed Gulf of Mexico fishing waters since no oil had been observed in the area for over 30 days. The 26,388 square miles of the Gulf was reopened to both commercial ...

Oil spill in Michigan stretches 56 kilometers along river

CHICAGO, July 29-The length of an oil spill along the Kalamazoo River in southern Michigan has more than doubled from previous estimates, local official said Wednesday. An oil sheen has been detected on the surface of the major river roughly 35 miles (56 kilometers) downstream ...

First Water Impact Index and carbon foot print

Veolia Water North America (Veolia Water) has unveiled the Water Impact Index, the first indicator enabling a comprehensive assessment of the impact of human activity on water resources. The company also announced what is believed to be the first-ever simultaneous analysis of ...

US EPA, industry at odds of over bill to reform chemical safety

Existing US legislation regulating toxic chemicals has proven an inadequate tool for protecting the public against chemical risks, a senior Environmental Protection Agency official told a House panel Thursday. When the Toxic Chemicals Safety Act was enacted in 1976, it grandfathe...

US: Congress Begins Work on Chemical Safety Overhaul

The House of Representatives is starting to move legislation that would fundamentally overhaul chemical laws for the first time in over three decades. The Toxic Chemicals Safety Act, H.R. 5820, introduced last week by Reps. Bobby L. Rush D-IL and Henry Waxman D-CA , seeks to ...
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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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