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Global Processing e-News

Japanese chemical company to open new facility in Georgia

May 14, 2014
The new plant will manufacture fiber-free potassium titanate, called Terracess, which is used in the production of brake pads.
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China's nitrous oxide emissions soar 37-fold between 1990 and 2012

May 12, 2014
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

May 12, 2014
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

May 12, 2014
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

May 6, 2014
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

May 2, 2014
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

May 2, 2014
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

April 30, 2014
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

April 30, 2014
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

April 28, 2014
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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