Call for focus on breakthrough technologies

Edit The Hindu 16 Oct 2016
Unless we do, we are stuck on Earth,” he added. Mr ... Other speakers included Vipul Shah, chief operating officer of Reliance Petrochemicals, and Venkat Changavalli, Advisor to Uttar Pradesh government and former CEO of EMRI. ....

Europeans after Iran's petchem products

Edit Irna 15 Oct 2016
Tehran, Oct 15, IRNAProduction Control Manager of the National Petrochemical Company (NPC) said European countries are after Iran's petrochemical products in post-sanction era, adding that exports to Latin America and Africa are being expanded ... ....

Azerbaijan building plant on float glass output

Edit Topix 15 Oct 2016
A plant on float glass output is being built in Azerbaijan, said the press service of the country's Economy Ministry told Trend Oct. 15. An agreement was signed between AzerFloat CJSC, which is a resident of Azerbaijan's Sumgait Chemical Industrial Park , and Germany's Horn Glass Industries AG, according to the press service. AzerFloat CJSC organizes the production of glass boards in the SCIP using the float method ... ....

This Climate Amendment May Have Helped Out Earth In A Big Way

Edit WPTV 15 Oct 2016
Over 170 countries signed another major climate change agreement Saturday. Technically it's an amendment to a previous agreement known as the Montreal Protocol, which is credited for helping heal the ozone layer ... SEE MORE ... hydrofluorocarbons, or HFCs ... "We are witnessing here in Kigali the power and the control and the dominance of the chemical industry," Paula Tejon Carbajal of Greenpeace told the BBC ... ....

Russia plans $1 bn India joint fund, to pump $500 mn in NIIF

Edit Deccan Herald 15 Oct 2016
In a first, Moscow has agreed to pump in USD 500 million into the Indian infrastructure space, along with an equal investment by the newly formed National Infrastructure Investment Fund (NIIF), to form a USD 1 billion 'Russian Indian Investment Fund' ... We will look at energy, petrochemicals, transport infrastructure and different projects where our companies can also have a foot in India," he told PTI over phone ... ....

Russia plans $1 billion India joint fund, to pump $500 million in NIIF

Edit The Times of India 15 Oct 2016
BENAULIM (GOA). In a first, Moscow has agreed to pump in $500 million into the Indian infrastructure space, along with an equal investment by the newly formed National Infrastructure Investment Fund (NIIF), to form a $1 billion 'Russian Indian Investment Fund' ... We will look at energy, petrochemicals, transport infrastructure and different projects where our companies can also have a foot in India," he told PTI over phone....

Russia to form $1 billion joint fund with India, to pump $500 million into infra

Edit DNA India 15 Oct 2016
--> Sat, 15 Oct 2016-12.39pm , Benaulim , PTI. An agreement to start the fund will be signed by Modi and Putin on Saturday ... "The money will be invested in infrastructure projects with Russian component. We will look at energy, petrochemicals, transport infrastructure and different projects where our companies can also have a foot in India," he told PTI over phone ... It can be in other countries as well," Dmitriev said ... ....

Major oil deals highlight the changing landscape of Asia's refiners

Edit The National 15 Oct 2016
In China, the government is considering a merger of Sinochem Group and ChemChina to create a US$100 billion petrochemicals conglomerate that could offer some competition to the country's two dominant domestic oil refining giants, Sinopec and PetroChina, according to news reports there ... Shashi Ruia, Essar Group's chairman, said the sale will help the group to grow its other businesses, which range from steel to shipping....

Do not to close Mangaluru-Bengaluru route for road work, says Rai

Edit The Times of India 15 Oct 2016
MANGALURU ... Chairing a district-level development review meeting on Friday, Rai said provision should be made for the movement of light motor vehicles during the second phase road development on Shiradi Ghat stretch ... Officials informed the minister that the work of new building has been completed through CSR funding by Mangalore Refinery and Petrochemicals Limited (MRPL), an Oil and Natural Gas Commission (ONGC) company ... RELATED....

China Mega-Merger Seen Challenge to Giant’s Oil Refining Grip

Edit Bloomberg 15 Oct 2016
A merger of Sinochem Group and China National Chemical Corp ... in Hong Kong closed 0.8 percent higher on Friday, while China Petroleum & Chemical Corp., known as Sinopec, gained 1.1 percent. No one answered two calls to their respective press offices on Friday ... ChemChina is the country’s largest chemical company with nine refineries and more than 140,000 workers, according to its website....

Oil rebound's dirty little secret threatens U.S. gas bulls

Edit The Oklahoman 15 Oct 2016
One of the biggest threats to an extended rally in U.S. natural gas prices is lurking in the oil patch. Gas production in most of the country has dropped amid cost-cutting ... The Permian is making a swift recovery from a rout in oil prices that battered the energy industry earlier this year, forcing producers to cut output ... petrochemical manufacturers as that industry expands, has sparked concern that prices for domestic users will jump ... ....

Rosneft and investment consortium led by Trafigura sign agreements to acquire 98% in Essar Oil (Essar Global Limited)

Edit Public Technologies 15 Oct 2016
... industry, with more than 8 years without LTI (Lost Time Injury) Essar Oil has the requisite land and has obtained approvals for all possible expansion activities, including doubling of refinery capacity and the setting up of a petrochemical complex Essar Oil's Vadinar complex was built around a natural deep-draft port, with a liquid cargo terminal....

SABIC highlights support to downstream industries

Edit Arabnews 14 Oct 2016
And it does so by coordinating efforts to invest in assets, products and innovation in Saudi Arabia’s chemical industry (that is, the “push”), to establish key selected advantaged industries in Saudi Arabia (that is, the “pull”) and to help develop SMEs and related capabilities (that is, the “Core Engine” of the ecosystem), Bin Sultan said....
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