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Global Processing e-News

China's nitrous oxide emissions soar 37-fold between 1990 and 2012

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Estimated emissions of nitrous oxide in China will triple by 2020 unless urgent measures to reduce emissions of the powerful greenhouse gas are taken.
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Middle East chemical industry to benefit from strategic change

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The chemical industry will be the fastest growing sector in the Middle East over the next three years, as businesses try to remain competitive by refocusing onto higher-value and niche products.
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House of Lords committee calls for 'urgent' fracking regulation in UK

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The UK urgently needs to regulate fracking, so that the country's economy can start benefiting from the opportunities created by shale gas.
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Sanofi looking to shed multi-billion portfolio to optimize assets

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French pharmaceutical giant Sanofi SA is exploring options to sell a range of older drugs, with an estimated value of the portfolio between $7 billion and $8 billion.
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Oil & gas industry contributes £35 billion annually to UK economy

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Although oil prices are persistently high and production is declining in the UK, the outlook for the oilfield services industry is very positive.
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South Africa to produce potable water from mine drainage

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South Africa's government is mulling over plans to treat the water leaking from numerous gold mines to help meet drinking water demand.
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US wholesale sector consolidation hits Indian drug makers

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The U.S. pharmaceutical sector is going through a period of consolidation and this has already has a noticeable effect on Indian drug makers.
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Sinopec drops plans for new petrochemical projects

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China's largest refiner, Sinopec Corp., has shelved plans to invest in new petrochemical projects, citing growing competition from the U.S. petrochemical sector as the main deciding factor.
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Pfizer proposes $101 billion takeover to AstraZeneca, reports claim

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U.S. pharmaceutical company Pfizer has expressed interest in taking over Anglo-Swedish giant AstraZeneca for a total of $101 billion.
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Almost 60% of China's water is contaminated, government report finds

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More than half of China's water reserves are moderately or heavily contaminated, a government report has revealed.
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