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Global Processing e-News

Major Australian food processing company goes out of business

The Windsor Farms Food Group, a major food processing and packing business based in New South Wales, Australia, is closing its doors after 37 years in business, the website SmartCompany reported.
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Sinopec takes aim at US petrochemical competition

Chinese oil and gas company Sinopec says it is striving to lower its petrochemical production costs and optimize its product mix in order to stave off competition from the U.S.
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Williams plans major petrochemical investment in Alberta

The Tulsa, Okla.-based firm is going to open a propane dehydrogenation (PDH) facility, located near its existing complex in Redwater.
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Dow Chemical to build several plants on US Gulf Coast

Dow Chemical is planning to take full advantage of the low price of U.S. shale gas by investing in the construction of several processing plants on the U.S. Gulf Coast.
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US shale gas exports to India should be allowed, experts claim

The United States should allow shale gas exports to India as this might prove a win-win situation for both countries, energy experts claim.
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German RWE to sell oil and gas exploration operations

German electric utilities company RWE has announced that it is putting an end to its oil and gas exploration activity, in the hope of cutting its debt and capital expenditure.
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EU chemical production drops in 2012

According to the new Chemicals Trends Report released by the European Chemical Industry Council (Cefic), total production of chemicals in the European Union dropped 1.5 percent in 2012.
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Dow Chemical awarded $2.48 billion in court battle with Kuwaiti company

Legal proceedings that have been going on for years between Dow Chemical Co. and Kuwaiti state-owned Petrochemical Industries Co. are finally over, after an international court awarded an extra $318 million to the American chemical corporation.
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Coal use in UK rises in 2012

The double-dip recession in the UK last year had far-reaching implications and affected every sector of its economy. Energy was no exception, according to a new report released by the Department of Energy and Climate Change.
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New Zealand considers east coast oil and gas operations

New Zealand is considering whether to develop an onshore oil and gas industry on the East Coast of the North Island, following a government report looking into the potential benefits, impacts and risks of drilling operations in the region.
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