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Displaying 461 - 480 of 736 stories.
May 26, 2009
The development of novel bioprocesses for producing chemicals is accelerating at a pace never seen before, thanks to the convergence of sophisticated information technology (IT)...
May 22, 2009
BWA Water Additives (Manchester, U.K.) is taking the “asset light” strategy to an extreme. The company, owned by Seera Investment Bank (Manama, Bahrain), says it is...
May 11, 2009
Healthy demand in the solar cell industry has energized growth for the engineering and construction (E&C) firms serving the sector. Solar industry market sales are expected to...
May 8, 2009
Heading for a Tumble Petrochemical projects in Asia and the Mideast have kept major engineering and construction (E&C) firms busy through the recession, but much of that activity...
May 8, 2009
Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, is close to starting up its $10.1-billion refining and petrochemical complex at Rabigh, Saudi Arabia—one...
May 1, 2009
The global catalyst industry is growing at a healthy rate driven by advances in selectivity, yield, and process improvements. Suppliers are focusing R&D budgets on finding the next...
April 24, 2009
Navigating the Downturn The global recession has left Japan’s export-led economy in its most severe downturn since World War II and has upended recovery efforts of the domestic...
April 24, 2009
Brownfield redevelopment recently received a boost from a bill passed by state lawmakers after months of intensive advocacy efforts by the Chemical Council of New Jersey (CCNJ...
April 10, 2009
India is arguably the last untapped major market for petrochemicals and plastics. The industry will develop rapidly to meet growing demand from the country’s largely young...
April 10, 2009
The Indian chemical industry, outside the petrochemical sector, is not immune to the global economic downturn, and some sectors are going through a difficult phase. Specialty chemicals...
April 10, 2009
Companies are significantly increasing the movement of back office work, including accounting and human resources, to emerging regions, especially India, to save costs, analysts say...
April 10, 2009
IT expenditures at U.S. chemical companies are expected to increase about 4.3% this year, to $6.2 billion, according to a recent study by Manufacturing Insights, a unit of IDC...
April 10, 2009
Legislation aimed at reducing greenhouse gas (GHG) emissions, including cap-and-trade programs, is expected to significantly increase demand for carbon management software and related...
April 10, 2009
Uhde Services says it will install Honeywell’s Experion Process Knowledge System automation technology at Abu Qir Fertilizers and Chemical Industries’ (Abu Qir, Egypt)...
April 3, 2009
The economic turmoil has brought about a dramatic shift in senior management’s business challenges as cutting and managing costs, frequently with huge layoffs, have become top...
April 3, 2009
The chemical industry needs to expand its base of bio-scientists if it is to grow beyond a petroleum-feedstock base to that of sustainable bio-feedstocks, say industry executives...
March 23, 2009
European petrochemical producers are still reeling from a tumultuous fourth quarter of 2008, when demand fell dramatically. Profitability strengthened at the end of the fourth quarter...
March 22, 2009
Chemical shippers say the transportation sector has delivered some ups and downs so far this year and that prospects for the rest of 2009 are not much different. Lower chemical volumes...
March 22, 2009

The global economic downturn is putting pressure on the petrochemical industry as demand and operating rates continue to decline and capacity starts up in Asia and the Mideast. Producers will struggle to find a balance between surging supply and diminishing demand, analysts say.


March 20, 2009
Six months ago the price of sweet crude oil hit $147/barrel and not long before that some analysts predicted it could go as high as $200/bbl. The situation prompted some chemical...
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