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Global Processing e-News

New Zealand to adopt improved food safety practices

New Zealand is moving to adopt a tougher approach to food safety, following the high-profile Fonterra dairy contamination case that sparked a public debate on regulation and enforcement issues earlier this year.
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Global spending on medicines to grow by up to 6% per year through 2017

The key factors that will drive global drug markets are better access to medicines due to rising disposable income in developing countries and more favorable economic conditions in emerging markets.
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Mexico may allow private companies to extract oil

The proposal to amend Mexico's constitution and allow private investors access to the country's oilfields comes from members of the two largest political parties.
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Ineos to import US ethane for Grangemouth facility

The Grangemouth chemical plant in Scotland may go from huge losses to instant profitability thanks to the saving plan drawn up by Swiss-based international operator Ineos Group Ltd.
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UK oil industry reports highest amount of oil spilled in decade

Last year 246 oil spills were reported in the UK, with the total amount of oil released in these spills reaching 86 tons.
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European plastics recyclers want legislative support

One of the top priorities for the European plastics recycling industry will be to create a market for recycled plastics, facilitating the diversion of recyclable plastics from landfills and further increasing recycling rates in Europe.
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FDA imposes new ban on Wockhardt drugs

Indian generic drug maker Wockhardt has been hit by a U.S. import alert for the second time this year.
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Belgium set to expand petrochemical production in 2014

Belgium is expected to hold on to its position as a leading petrochemical producer in Western Europe as capacity in the polyesters, butadiene and synthetic fibres segments will increase.
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Greece faces fines for delayed wastewater treatment improvements

Greece may face hefty fines from the European Commission (EC) over its failure to adequately deal with urban wastewater and for its poor standards of wastewater treatment.
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Brazilian petrochemical companies urge for measures to revive sector

Brazil's petrochemical industry leaders are calling on the government to provide businesses with an incentive package that will promote investment and is asking for a lower natural gas price, so that it can have an access to cheaper domestic feedstock.
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