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Dow and BASF receive Presidential Green Chemistry Challenge Award for HPPO

The Dow Chemical Company (Dow) and BASF received a 2010 Presidential Green Chemistry Challenge Award at a ceremony held June 21 at the Ronald Reagan Center in Washington, D.C. The two companies were honored for their jointly developed hydrogen peroxide to propylene oxide (HPPO) ...

BDO licensor Frontech accused of unauthorized use of INVISTA trade secrets

Houston, Texas INVISTA filed a suit yesterday against Houston-based Frontech Inc. for misappropriation of trade secrets, theft, false advertising and unfair competition. The trade secrets at issue involve INVISTA s proprietary process for manufacturing butanediol (BDO), a ...

CNPC's Refining Project in Qinzhou Would Probably Put on Stream Late This Month

PUWORLD(2010-06-13)-CNPC's refining project in Qinzhou would probably put on stream in the end of this month and was predicted to put into commercial operation around August. By that time, its production capacity of crude oil would amount to 201,000 barrels every day. Phase I ...

China Ethylene Output Up 23.1% in the First Five Months

PUWORLD(2010-6-13) According to the latest data released by China National Statistics Bureau, about 1.065 million tons ethylene were produced in May, up 35% compared with the same time of last year. From Jan May, total output of ethylene in China reached 4.971 million tons, ...

Dow Chemical to Qicken Its development in Chinese Mainland Market

PUWORLD(2010-06-12) Yesterday at a press conference, Peter Sykes, new president of Dow Greater China said that Dow would quicken the pace of market development in mainland area after he analyzed economic situation and market growth in domestic market. Then, he furtherly explained ...

South Africa: Commission Can Extend Chemical Cartel Charges

Johannesburg THE Competition Tribunal yesterday gave the Competition Commission permission to widen the charges it had brought against chemicals companies accused of collusion. The tribunal gave the commission, an investigating body, the go-ahead to amend the charges against ...

Shell Announced Its Asian MEG contract Price at $850/ton CFR in July

PUWORLD(2010-06-11) Shell Chemicals proposed its Asian MEG contract price in July as $850(CFR) which slipped by $120 compared with last month. Shell had adjusted downward its contract prices by $250/ton for three consecutive months since May. For now, cargo prices in Asia were ...

Miller-Coors to ship beer on recycled plastic

TULSA, OKLA,June 15-For the 10th year, beer from the Miller-Coors Brewing Co. will be shipped on 100 percent recycled plastics. Supplier of the pallets, Greystone Logistics of Tulsa, announced the beer maker would be buying its recycled pallets for the next year, continuing a ...

RPC ups dividend as profits improve

June 16-RPC Group, Europe's leading supplier of rigid plastic packaging, has announced its results for the year ended 31 March 2010. Despite difficulties during the past 12 months the company has performed well, partly as the result of its RPC 2010 improvement programme. Sales ...

BP cuts dividend and capex to pay for oil spill

Jun 16-The commitments, outlined in a statement on Wednesday, are harsher penalties than most investors had expected and follow BP chairman Carl-Henric Svanberg's meeting with President Obama on Wednesday. BP said it would cancel the previously declared first-quarter dividend ...

Chemical spill kills 1, injures 4 at closed-down pesticide plant in E China

JINAN, June 15 -- One person was killed and four others injured in a chemical spill at a closed-down pesticide plant in Anqiu City in east China's Shandong Province Tuesday, the local work safety bureau said. The accident occurred at 7 a.m. in Jiang Jiazhuangzi Village, ...

BP to put 20 billion dollars in 3rd party fund for oil spill claims

WASHINGTON, June 16 -- British oil giant BP has agreed to put about 20 billion U.S. dollars into an escrow account for claims related to the Gulf of Mexico oil spill, after top BP executives met with U.S. President Barack Obama in the White House, media reports said on Wednesday. ...

Chemical plant blast leaves 1 dead 1 missing in E China

NANCHANG, June 15 -- An explosion in a chemical plant in east China's Jiangxi Province Tuesday morning has left one worker dead and another one missing, local authorities said. The accident occurred at about 5:50 when there were not many workers around, said Jiang Zhiming, head ...

GLOBAL PLASTICS INDUSTRY EXPERTS SET TO HIGHLIGHT HUGE MARKET OPPORTUNITIES

The First GPCA Plastics Summit, taking place at the Grand Hyatt Dubai from 15-16 June 2010, will feature an unrivalled collection of guest speakers who will address both critical business and environmental issues regarding the plastics industry of tomorrow and highlight the ...

PlasticsEurope condemns German BPA precautions

June 14-Industry trade association PlasticsEurope has hit out at a report published earlier this month by the German Federal Ministry for the Environment (Umweltbundesamt) which recommends that producers and users of bisphenol-A (BPA) adopt alternatives as a precautionary measure...

Asian ACN to weaken in Q3 as downstream cuts op rates

SINGAPORE ,June 14-Asia acrylonitrile (ACN) prices are likely to face increasing downside pressure in July as derivative acrylic fibre (AF) and acrylonitrile-butadiene-styrene (ABS) producers cut operating rates on expectations of a sluggish third quarter, traders said. We will ...

One-quarter global power can come from nuclear by 2050: IEA

Almost one quarter of global electricity could be generated from nuclear power by 2050, the International Energy Agency (IEA) said in a report published Wednesday, bestowing nuclear a major contributor to cut greenhouse gas emissions. According to IEA forecast, nuclear capacity ...

Polyurethane industry to completely phase out use of HCFC blowing agents by 2030

The issues of ozone depletion and climate change have been at the vanguard of the global environmental agenda for several years. There is a general acceptance that man-made chemicals and human activities exert a significant adverse impact on the global climate. The Ozone layer ...

BP says it's sorry, guarantees US$20B for Gulf

US President Barack Obama wrested a $20 billion compensation guarantee and an apology to the nation from British oil giant BP Wednesday, announcing the company would set up a major claims fund for shrimpers, restaurateurs and others whose lives and livelihoods are being wrecked ...

CNPC s Refining Project in Qinzhou Would Probably Put on Stream Late This Month

CNPC s refining project in Qinzhou would probably put on stream in the end of this month and was predicted to put into commercial operation around August. By that time, its production capacity of crude oil would amount to 201,000 barrels every day. Phase I Project started ...
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