Americas
DOE Awards Novozymes $12.3 Million for Bioethanol R&D The U.S. Department of Energy (DOE) has awarded Novozymes $12.3 million to fund an R&D project to increase the efficiency of enzymes for converting waste biomass to bioethanol. The project, named the Development of a Commercial-Ready Enzyme... Europe
Technip Awarded Ethylene Plant Expansion Contract in Russia Technip says it has been awarded a contract by Sibur Neftekhim (Moscow) for a previously announced expansion of Sibur's ethylene plant at Kstovo, Russia. The €45 million ($62.1... Asia/Pacific
BASF Builds PU Car Components Plant in Shanghai BASF says it will set up a new production and development facility at Shanghai for its Cellasto polyurethane (PU) based car components by early 2010. The move will allow BASF to create a base for close-to-the customer supplies for the...
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CW's Asia Chemical Prices for the Week Ended October 7, 2008
Forward naphtha prices drag down benzene and toluene and across Asia...
New from the GPCA and Chemical Week ... news and information about the Gulf and the upcoming GPCA Forum

Mideast/Africa
Safco's Profits More Than Double Mohamed Al-Mady, CEO of Sabic and chairman and managing director of the Saudi Arabian Fertilizers Co. (Safco) says Safco's net profits for the first nine months rose to SR3.744 billion ($998.4... Viewpoint
Crunch Time Chemical makers have just closed out a challenging quarter with a very tough week. Shares in the CW75 index slipped 21% during the quarter and 9% for the week ended September 30. Fertilizer stocks, some of which soared tenfold during the past two years, are...
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