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Rosneft, CNPC to strengthen partnership

Russian oil company Rosneft said on Monday that it has agreed to extend its strategic cooperation with China National Petroleum Corporation (CNPC).
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BASF opens new chemical complex in India

German chemical company BASF has launched production at a new chemical complex in Dahej, India.
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Bostik opens new powder plant in Malaysia

Adhesive specialist Bostik has expanded its global footprint with the opening of a new production plant near the Malaysian city of Johor Bahru.
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China's Sinopec shortlists 37 bidders for fuel marketing unit

State-controlled Chinese energy giant Sinopec has selected 37 potential buyers for a 30 percent stake in its fuel marketing unit, which analysts value in the region of $20 billion.
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Growth predicted for Chinese coating additives market

The coating additives market is directly related to China's coatings industry, which is projected to expand at a compound annual growth rate (CAGR) of over 10% in 2014-19.
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Petrochemical firm apologizes after explosions in Taiwan

Officials from LCY Chemical Corp., a petrochemical company based in Taipei, have apologized after a series of explosions rocked the city of Kaohsiung in southern Taiwan last week.
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Chinese chemical company to open Louisiana methanol plant

A subsidiary of China-based Shandong Yuhuang Chemical Co. Ltd. plans to build a methanol manufacturing facility in Louisiana. It’s estimated the development will create about 400 permanent jobs, Louisiana Economic Development says.
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McDonald's, KFC involved in another China food safety scandal

Chinese authorities are investigating after a report exposed a supplier falsifying product expiration dates.
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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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Wal-Mart to spend more than $48 million on food safety in China

Supermarket chain Wal-Mart has pledged to increase its investments in China's food safety threefold, following the scandal in which fox meat was sold as donkey meat in the Asian country.
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