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Global Processing e-News

US, European watchdogs join forces to regulate generic drugs

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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

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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

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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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UK's Food Standards Agency outlines action plan for 2014

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As one of the key issues to address, the plan deals with Campylobacter -- the UK's most common cause of food poisoning.
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Canadian researchers find artificial sweeteners in river

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A team of Canadian researchers has detected high concentration levels of artificial sweeteners used in the food and beverage industry in the Grand River, near Ontario, suggesting that wastewater treatment plants are unable to remove them from the water supply system.
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Global petrochemical market to grow by 6.7% through 2018

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China is anticipated to retain its position as a world leader though 2018, as demand for petrochemicals will continue to grow faster than in other parts of the world.
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Colombia's Ecopetrol to invest $10.6 billion in 2014

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The investment will be used to add more crude oil reserves to the company's portfolio and to fund the drilling of 20 new exploratory wells, most of which will be located onshore.
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Middle East to dominate new natural gas-processing capacity through 2017

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The Middle East is set to outpace Europe and Africa in adding new capacity provided that Iran's industry is not stifled by international sanctions.
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Brazil to increase plastics production in 2014

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The Brazilian plastics market is expected to become more favorable and profitable to local plastics producers.
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21 Chinese miners killed in explosion

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According to the State Administration of Coal Mine Safety, the mine was ordered to cease production in June because of numerous safety practice violations recorded there.
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