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Global petrochemical market to grow by 6.7% through 2018

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

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

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

The Brazilian plastics market is expected to become more favorable and profitable to local plastics producers.
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21 Chinese miners killed in explosion

According to the State Administration of Coal Mine Safety, the mine was ordered to cease production in June because of numerous safety practice violations recorded there.
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States call for more effective EPA carbon emission regulation

Representatives of 15 states have signed a petition submitted to the U.S. Environmental Protection Agency (EPA), asking for assurance that the progress they have made in cutting down carbon emissions will be acknowledged in the future EPA regulation on the matter.
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FDA to propose rules for antibacterial soap safety regulation

One of the most commonly used ingredients in antibacterial soap has been linked to hormonal imbalances and antibiotic resistance, FDA says.
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Share of private ownership in desalination projects increases

The Global Desalination Market Trends & Ownership Strategies 2014-2018 report found that the Middle East will continue to play a crucial role in the development of the desalination market.
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Global polyurethane foams market to be worth almost $62 billion in 2018

The global polyurethane foams market is predicted to reach total revenue of $61.9 billion in 2018, up on the $40.1 billion recorded in 2012.
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EU food safety regulator finds aspartame safe for public health

Critics claim that aspartame is linked to a number of health complications, including cancer, and have been calling for authorities to ban the use of the substance.
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