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Global Processing e-News

Another Ranbaxy facility lands on FDA blacklist

The U.S. Food and Drug Administration (FDA) has added Ranbaxy's Toansa plant to the list of Indian facilities included on the consent decree dated January 2012.
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PepsiCo unveils $5 billion investment program for Mexico

PepsiCo said it would spread the spending over five years, focusing on four key areas: innovation and brand building, infrastructure, agriculture and community
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Water scarcity drives Indian market for POE water treatment systems

As its population keeps growing, India is finding it ever more difficult to meet the demand for clean drinking water.
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Israel's Teva to buy NuPathe for $144 million

Pennsylvania-based NuPathe specializes in therapeutics for diseases of the central nervous system (CNS), including neurological and psychiatric disorders.
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UK offshore exploration facing crisis, industry body warns

UK Continental Shelf exploration is in a "parlous state," according to experts, and the downward trend has persisted since 2011, when the number of wells drilled slumped by 50%.
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BASF boosts polyarylsulfone capacity with new South Korean plant

The South Korean plant will be capable of producing 6,000 metric tons of Ultrason polyarylsulfone a year, lifting BASF's global annual capacity to 18,000 metric tons.
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Mad Cow Disease case reported in Germany

Bovine spongiform encephalopathy (BSE), as the disease is officially named, was identified in a slaughtered cow that did not exhibit any clinical signs of the disease.
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Iranian petrochemical industry faces challenges amid overcapacity, international sanctions

As international sanctions remain, Iranian petrochemical companies are facing contraction.
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Australia to advance in shale energy development

The U.S. shale energy revolution has led to a wave of shale exploration across the world, as governments are looking for ways to gain energy independence and cheap feedstock for a number of industries.
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Delays in Asian coal-to-chemicals plants give oil-based facilities chance to profit

Although coal is still the dominant force on the Chinese energy market, there is an opportunity for crude-oil-based chemical plants to take off over the next three years.
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