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Global Processing e-News

Delays in Asian coal-to-chemicals plants give oil-based facilities chance to profit

January 15, 2014
Although coal is still the dominant force on the Chinese energy market, there is an opportunity for crude-oil-based chemical plants to take off over the next three years.
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Total to invest $21 million in UK shale gas exploration

January 14, 2014
French oil and gas company Total will obtain a 40% interest in two shale gas exploration licenses in Lincolnshire, under an agreement with British energy firm IGas Energy.
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Chilean mines may be required to use desalinated water

January 14, 2014
Chilean members of parliament are proposing a bill that would require mining companies to use desalinated water in mining processes, in a bid to reduce fresh water consumption while meeting the industry's growing water needs.
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Canada's meat processing safety system rated as 'adequate'

January 13, 2014
A USDA audit found that the Canadian Food Inspection Agency needs to improve its oversight on meat processing facilities, especially as it relates to humane handling of animals and sanitation.
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ExxonMobil launches new capacity at Singapore chemical plant

January 13, 2014
U.S. energy company ExxonMobil has announced the opening of its expanded chemical plant in Singapore that will be able to process crude oil, as well as other commodities.
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German petrochemical industry slow to recover from 2012 decline

January 13, 2014
The latest Germany Petrochemicals Report revealed that the market has been driven by small and medium-sized petrochemical companies that manufacture high-value niche products with relatively stable demand.
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Global crude oil demand to increase in 2014

January 10, 2014
This rise in consumption is attributed to demand from countries outside of the Organization for Economic Cooperation and Development, led by China.
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US, European watchdogs join forces to regulate generic drugs

January 6, 2014
The European Medicines Agency and the U.S. Food and Drug Administration have started a joint program for sharing information on bioequivalence studies required during the process of approval for generic drugs.
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EU plastic packaging recycling rates exceed target

January 6, 2014
Recycling rates of plastic packaging among the European Union member states are on the rise, with all countries except for Malta exceeding the target of 22.5 percent in 2012.
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Colombia's petrochemical sector sees poor output performance in 2013

January 6, 2014
Colombian market conditions are expected to improve in 2014, leading to growth in industrial production and better performance of petrochemicals-consuming sectors.
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