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Global Processing e-News

Global crude oil demand to increase in 2014

January 10, 2014
This rise in consumption is attributed to demand from countries outside of the Organization for Economic Cooperation and Development, led by China.
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US, European watchdogs join forces to regulate generic drugs

January 6, 2014
The European Medicines Agency and the U.S. Food and Drug Administration have started a joint program for sharing information on bioequivalence studies required during the process of approval for generic drugs.
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EU plastic packaging recycling rates exceed target

January 6, 2014
Recycling rates of plastic packaging among the European Union member states are on the rise, with all countries except for Malta exceeding the target of 22.5 percent in 2012.
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Colombia's petrochemical sector sees poor output performance in 2013

January 6, 2014
Colombian market conditions are expected to improve in 2014, leading to growth in industrial production and better performance of petrochemicals-consuming sectors.
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UK's Food Standards Agency outlines action plan for 2014

January 6, 2014
As one of the key issues to address, the plan deals with Campylobacter -- the UK's most common cause of food poisoning.
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Canadian researchers find artificial sweeteners in river

December 30, 2013
A team of Canadian researchers has detected high concentration levels of artificial sweeteners used in the food and beverage industry in the Grand River, near Ontario, suggesting that wastewater treatment plants are unable to remove them from the water supply system.
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Global petrochemical market to grow by 6.7% through 2018

December 30, 2013
China is anticipated to retain its position as a world leader though 2018, as demand for petrochemicals will continue to grow faster than in other parts of the world.
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Colombia's Ecopetrol to invest $10.6 billion in 2014

December 30, 2013
The investment will be used to add more crude oil reserves to the company's portfolio and to fund the drilling of 20 new exploratory wells, most of which will be located onshore.
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Middle East to dominate new natural gas-processing capacity through 2017

December 30, 2013
The Middle East is set to outpace Europe and Africa in adding new capacity provided that Iran's industry is not stifled by international sanctions.
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Brazil to increase plastics production in 2014

December 19, 2013
The Brazilian plastics market is expected to become more favorable and profitable to local plastics producers.
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