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Global Processing e-News

BP to invest $596 million in South Africa, Mozambique

BP Southern Africa will spend 4.7 billion rand in South Africa, including 2.5 billion rand to upgrade the Sapref refinery in Durban, and 800 million rand to refurbish infrastructure in Mozambique.
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Shell starts major petrochemical investment in Singapore

Global energy giant Shell has announced plans to expand its investments in Asia by building new petrochemical units in Singapore.
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New Zealand company develops method for real-time meat contamination detection

A New Zealand biotechnology company has announced that it has developed a method that allows processing firms to receive real-time results from meat contamination tests.
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Monsanto develops omega-3 soybean oil

Biotechnology company Monsanto Co. has has developed a type of genetically engineered soybean oil that produces a type of fatty acid that could be processed to take the same form as omega-3 from fish.
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Qatar Petroleum enters North American natural gas market

The dramatic increase in shale gas output in the United States in recent years has transformed the domestic energy sector but it has also had far-reaching implications in global markets.
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Sun Pharma receives tentative approval for generic version of Januvia

Indian pharmaceutical company Sun Pharma has announced that the U.S. Food and Drug Administration (FDA) has tentatively approved the company's generic version of the successful anti-diabetes drug Januvia.
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UK publishes new oil and gas strategy

The British coalition government has announced the UK Oil and Gas Industrial Strategy, which demonstrates the country's renewed interest in utilizing reserves in the North Sea.
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POWTECH 2013 kicks off April 23

Nearly 16,000 processing industry professionals will travel to Nuremberg, Germany, later this month to attend POWTECH 2013, an international trade fair for powder, granule and bulk solids technologies.
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Horsemeat scandal prompts food safety review in UK

U.K. Environment Safety Secretary Owen Paterson has ordered a strategic review of food safety in response to the recent horsemeat scandal that has rocked the UK's food industry and reverberated across Europe.
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UK oil and gas output expected to increase by 2017

The decline in the UK's oil and gas production in the North Sea is likely to prove short-term and is predicted to pick up thanks to better technology and renewed interest from investors.
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