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ZEON to double S-SBR capacity in Singapore

Zeon (Tokyo) says it will build a second solution styrene butadiene rubber (SSBR) line in Singapore by the beginning of next year, doubling capacity at the site to between 70,000-80,000 m.t./year. The company is spending ¥7 billion ($57.8 million) on the project, which will use Zeon's own technology. On completion, the Singapore complex... More →

BASF and Gazprom scrap energy asset swap

Russia’s gas monopoly Gazprom and Germany’s chemical giant BASF have scrapped a multibillion dollar asset swap deal amid the growing political tension between Russia and the West. The decision was made together with the Russian gas major, said a representative of the German company, as quoted by the Wall Street Journal. This... More →

Iran export of minerals reached $1,2 bil...

Iran has exported 11.365 million tons of mineral outputs worth more than $1.2 billion over the first five months of the current Iranian year (started on March 21), Ministry of Industry, Mine and Trade said on Wednesday. According to the ministry, Iran also exported 11.914 million tons of industrial goods valued at $5.44 billion in the five-month... More →

Tajikistan and Iran broaden economic ties

"Iran and Tajikistan can expand their relations in all areas, specially in economic fields," President of IranRouhani said on Wednesday. He noted that Iranian companies can strengthen Iran-Tajikistan relations by investing in Tajikistan. "The two countries mostly have common views on regional issues, and this can help consolidate the bilateral... More →

Made in Russia PVC plant opens new opportunities...

The polyvinyl chloride (PVC) production facility RusVinyl, ranking among Russia’s largest petrochemical investment projects, was opened in Kstovo of Nizhny Novgorod Region, the eastern region of Central Russia, on September 19, 2014. Vladimir Putin, the Russian President, attended the grand opening ceremony, along with Alex van Meeuwen,... More →

Recycled Plastic Imports

GUANGZHOU, CHINA -- China’s “Green Fence” crackdown on dirty scrap materials has reduced imports of plastic waste by 5.5 percent in the first four months of the year, a significant change for a country long-used to double-digit increases in recycled materials flowing in. Imports of scrap plastic bound for recycling factories... More →

Russia to Stay Raw Materials Based to 2030

Russia's economy will remain primarily based on raw materials production until 2030, along with the remnants of high technologies like the nuclear and space industries inherited from the Soviet era, Rosiiskaya Gazeta reported on Tuesday, citing the latest forecast by Russian economists. The Global Strategic Survey 2030 was prepared by the Institute... More →

Brazil's Vitopel making paper from recycled...

SÃO PAULO, BRAZIL — Vitopel SA, Latin America's largest plastics films producer and top annual consumer of polypropylene, has been working with local manufacturers and recyclers, including Braskem SA, to produce a paper made from 75 percent recycled plastic. The material won't age or wet, can be used for writing or printing, and... More →

BASF opened Asia research center in Shanghai

GERMAN chemical maker BASF aims to have a quarter of its global research and development headcount in Asia Pacific by 2020, a senior executive said today.
"Innovations based on chemistry will play a key role in providing solutions to help Asia Pacific meet the challenges of sustainable development," said Martin Brudermueller, vice chairman... More →

'India, China key growth markets for chemical...

NEW DELHI: India and China are considered as prominent growth markets for the global chemical industry, said a study by consulting company KPMG.
Vikram Hosangady, head (transaction services), KPMG in India, said, “India remains a key consumption market for global chemical players as demonstrated by recent expansions announced. We... More →

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