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Global Processing e-News

FDA's regulatory policy not biased against Indian drug makers

July 17, 2014
Amid news of regulatory action taken by the U.S. watchdog against pharmaceutical companies, at first glance it would appear that mostly Indian companies have come under fire.
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US refineries should look for export opportunities amid growing competition

July 17, 2014
The market is becoming more competitive globally, as exports offer higher margins, whereas domestic feedstock is cheap and abundant but not necessarily the right type of product they need.
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Is China getting ready for a fracking revolution?

July 15, 2014
Despite its huge fortune buried in shale rock formations, China has been very slow to realize the benefits of fracking and embrace the technology.
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Study finds 175 dangerous chemicals in food packaging

July 15, 2014
As many as 175 chemicals that have certain hazardous properties are currently being used for manufacturing food contact packaging in the United States and Europe, new research warns.
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New FDA requirements to increase costs for Indian drug makers

July 14, 2014
The U.S. Food and Drug Administration (FDA) is introducing more stringent regulation regarding quality standards for drug products manufacturing, which will push up costs for Indian drug producers.
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Iran to offer incentives to foreign investors

July 14, 2014
Iran seems determined to open up to foreign investors, in the hope of attracting international businesses that would inject fresh capital into Iranian industry.
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More than 500,000 Britons suffer food poisoning each year

July 14, 2014
According to figures, campylobacter is still the most common cause of food poisoning, accounting for about 280,000 cases per year.
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Energy companies underestimate cyber security risks

July 14, 2014
Global oil companies and infrastructure operators are not sufficiently prepared to deal with cyber security threats, according to a recent analysis.
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Canadian doctors prescribe drugs off label, putting patients at risk

July 7, 2014

An investigation by the Toronto Star suggests that a drug product prescribed to pregnant women for morning sickness may be linked to birth defects.


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PPG Industries to take over Mexican coatings manufacturer

July 7, 2014
U.S. chemicals maker PPG Industries Inc. announced it has reached an agreement to take over Mexican architectural and industrial coatings firm Consorcio Comex for $2.3 billion.
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