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Global Processing e-News

Germany in midst of huge chemical boost

Following the hard times that German chemical companies experienced in 2009 it appears that the country's chemical industry is approaching a real renaissance, as major industry players are ready to ramp up production.
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Ukraine to focus on resources development in search for energy independence

Ukraine will keep its position as a key energy sector partner of the European Union, particularly in regard to gas transportation and storage, according to the EU Commissioner for Enlargement and European Neighbourhood Policy.
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Italian plastics firm to open plant in Tennessee

Italian plastics company So.F.Ter Group has announced plans to open its first U.S. operation in Tennessee. The company said that it will invest $11.5 million in the facility in Wilson County, which will initially employ 50 people.
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Third of global food production wasted or lost

According to the United Nations 1.3 billion tons -- or a third of global food production -- is wasted or lost each year.
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Study links BPA exposure to undescended testicles

New research presented at the Endocrine Society's annual meeting in San Francisco has suggested that fetal exposure to bisphenol A (BPA) is linked to undescended testicles in newborn boys.
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Mining companies to be forced to disclose payment details

Canada is introducing mandatory payment disclosure rules for mining companies in a bid to increase transparency in transactions and business operations.
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AstraZeneca to build new HQ, research center in Cambridge, UK

AstraZeneca is investing about £330 million ($515.6 million) in its new building, which will host a global R&D center.
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Canadian oil company to develop existing assets amid rising North Sea investments

Canadian oil and gas company CNR International, Inc. is looking to take advantage of a recently introduced tax break and invest more than $470 million in one of the oldest North Sea oil fields.
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EIA report revises global shale oil and gas reserves upwards

Global reserves of shale-based resources push up the world's total potential oil reserves by 11 percent and natural gas reserves by 47 percent.
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French parliamentary commission calls for change in fracking ban

Hydraulic fracturing has once again become an issue of heated debate in France, as political parties, industries and the public have all shared different opinions about using the technique to drill for shale gas and oil.
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