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Global Processing e-News

Is China getting ready for a fracking revolution?

Despite its huge fortune buried in shale rock formations, China has been very slow to realize the benefits of fracking and embrace the technology.
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Study finds 175 dangerous chemicals in food packaging

As many as 175 chemicals that have certain hazardous properties are currently being used for manufacturing food contact packaging in the United States and Europe, new research warns.
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New FDA requirements to increase costs for Indian drug makers

The U.S. Food and Drug Administration (FDA) is introducing more stringent regulation regarding quality standards for drug products manufacturing, which will push up costs for Indian drug producers.
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Iran to offer incentives to foreign investors

Iran seems determined to open up to foreign investors, in the hope of attracting international businesses that would inject fresh capital into Iranian industry.
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More than 500,000 Britons suffer food poisoning each year

According to figures, campylobacter is still the most common cause of food poisoning, accounting for about 280,000 cases per year.
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Energy companies underestimate cyber security risks

Global oil companies and infrastructure operators are not sufficiently prepared to deal with cyber security threats, according to a recent analysis.
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Canadian doctors prescribe drugs off label, putting patients at risk

An investigation by the Toronto Star suggests that a drug product prescribed to pregnant women for morning sickness may be linked to birth defects.


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PPG Industries to take over Mexican coatings manufacturer

U.S. chemicals maker PPG Industries Inc. announced it has reached an agreement to take over Mexican architectural and industrial coatings firm Consorcio Comex for $2.3 billion.
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BASF to sell stake in joint venture to Ineos

Swiss-based multinational chemical company Ineos is to buy out BASF's 50-percent stake in Styrolution -- the joint venture formed by the two companies in 2011.
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One in four big cities globally faces water stress

Tokyo, Delhi, Mexico City, Shanghai, Beijing, Los Angeles, Rio de Janeiro and Moscow are among the cities that face the biggest water stress.
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