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Asia

ExxonMobil launches new capacity at Singapore chemical plant

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U.S. energy company ExxonMobil has announced the opening of its expanded chemical plant in Singapore that will be able to process crude oil, as well as other commodities.
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Global crude oil demand to increase in 2014

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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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Global petrochemical market to grow by 6.7% through 2018

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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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21 Chinese miners killed in explosion

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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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FDA imposes new ban on Wockhardt drugs

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Indian generic drug maker Wockhardt has been hit by a U.S. import alert for the second time this year.
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India starts aquifer mapping project

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India is looking for new ways to improve its water management. Under a new pilot project launched by the federal Ministry of Water Resources, aquifers across six areas will be mapped using aerial technology.
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Sinopec pipeline blast kills at least 35 in eastern China

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An eastern Chinese pipeline operated by Sinopec Corp exploded Friday, killing at least 35 people and injuring 166 more.
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Asian fuel supply to outpace demand by 2018

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As the largest refineries in China and India continue to keep supply well ahead of demand for fuel across Asian markets, many refineries will have to work at a reduced capacity over the next five years.
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More Indian drug makers venture into US generics market

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Companies like Macleods Pharma, Indoco Remedies, Intas Pharmaceuticals and Hetero Labs are venturing into the well regulated and lucrative U.S. market.
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Petrochemical industry to see rapid growth in Philippines

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Like many industries in the Asia Pacific, the Philippines' petrochemical industry is expected to go through a period of rapid growth, fueled by an expanding economy and increasing demand.
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