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Selected articles on
industrial development in emerging economies |
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2010-01-21 |
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China: Chemical firm plans expansion in
Jiangxi |
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ChemChina, a
national chemical producer, has signed an agreement with Boston,
Massachusetts-based Cabot Corporation to expand their joint
fumed-silica project in Jiangxi province. According to ChemChina,
the move will strengthen the firm's specialty chemical product
portfolio, |
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People's Daily Online |
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2010-01-20 |
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India: Reliance pushes for Lyondell catalyst |
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In November 2009, Reliance announced a
USD 12bn bid for LyondellBasell, the bankrupt Rotterdam-based
European and US chemicals group. In one step, the deal would
transform Reliance from an almost exclusively Indian operation into
a global company with USD 80bn in sales. |
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FT.com |
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2010-01-18 |
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Thailand to restart petrochemical projects |
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Thailand has created a framework that
should allow USD 7bn of suspended petrochemical projects south-east
of Bangkok to restart later this year. |
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FT.com |
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2009-12-30 |
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China: Government to continue curbing coal
chemical industry |
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China's top economic planners keep
cracking down on the coal chemical industry, in a bid to prevent
waste and further the sustainable development of the industry. |
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Alibaba.com |
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2009-12-13 |
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Singapore committed to be leading global
chemicals hub |
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Speech by Mr. Lim HNG Kiang, Minister
for Trade and Industry, at the opening of the Shell Mono-ethylene
Glycol (MEG) Plant on 11 December 2009, at CPTC, Jurong Island. |
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The Gov Monitor |
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2009-11-26 |
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India: New EU rules seen raising cost of
chemicals exports |
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The Indian chemical industry that
exports products to European countries may soon find the cost of
doing business going up because of new legislation adopted by the EU
to regulate their end-use. Companies exporting to Europe are worried
about the new legislation that seeks to manage risks arising from
the use of chemical substances. |
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The Economic Times |
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2009-11-09 |
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India: Reliance looks to buy LyondellBasell
assets |
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Reliance Industries is considering
buying assets belonging to LyondellBasell, the bankrupt
international petrochemical group. The Rotterdam-headquartered group,
the world’s third-largest independent chemical company, has assets
that could be worth as much as USD6bn, these people said, and would
mark the first large-scale overseas foray by the Indian
industrialist. |
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FT.com |
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2009-09-09 |
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Chinese in talks over Permira chemicals
business |
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One of China's biggest chemicals
groups has held talks with Permira about acquiring a stake in a
Hungarian company owned by the UK buy-out fund, according to people
familiar with the matter. Wanhua Industrial Group is seeking to
invest in Borsodchem, which Permira acquired for EUR 1.6bn (USD
2.3bn) in 2006 as part of its strategy to globalise its sales and
production operations. |
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FT.com |
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2009-09-06 |
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China: Huntsman seeks deals in China |
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Huntsman, the US chemicals group, is
considering spending part of a USD 2.7bn compensation package from
the collapse of a buy-out plan to expand its specialty chemical
capacity in China. 'We are looking for potential acquisitions. The
obvious place to look is China'. said Paul Hulme, president of
Huntsman's textile effects division, which makes advanced dyes and
chemicals for clothes manufacturers. |
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FT.com |
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2009-07-24 |
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China: Sinochem makes takeover approach for
chemical supplier Nufarm |
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Australia’s biggest supplier of farm
chemicals has confirmed a takeover approach from China’s Sinochem
Corp. Buying Nufarm would expand Sinochem’s share of the market for
herbicides and pesticides, extending the reach of China’s largest
chemicals trader into Australia and the Americas as demand rebounds. |
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Bloomberg.com |
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2009-07-06 |
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China: Natural gas from coal to take lead in
China's chemicals development |
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China's coal chemicals industry, which
has been drawing increasing attention, is currently adjusting to
deal with the ongoing financial crisis and challenges of its own
development. Some experts say that if the adjustments go smoothly,
the country's coal chemicals industry would do away with problems
such as high energy-consumption and low efficiency, thus benefiting
the entire economy. |
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iStockAnalyst |
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2009-06-24 |
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The U.S. and the European Union have
filed separate complaints with the World Trade Organization,
alleging that China is unfairly benefiting domestic industries by
restricting exports of certain raw materials. The complaints filed
with the WTO represent a departure from past allegations by the U.S.
and other countries that China is flooding other countries' markets
with its exports. |
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The Wall Street Journal |
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2009-06-09 |
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China targets Korean chemicals in anti-dumping
probe |
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China is stepping up
anti-dumping pressure on imports of Korean chemical products. Nine
major Chinese nonferrous metal makers have lodged an appeal calling
for China's Ministry of Commerce, to investigate shipments of
sulphuric acid from Korea and Japan, according to the Korea
Trade-Investment Promotion Agency (KOTRA). The Chinese companies
produce the chemical as a byproduct, but are worried over dumping ―
or predatory price fixing. They say that sulphuric acid from Korea
and Japan is under-priced, compromising the market order and putting
them at a disadvantage in terms of price competitiveness. |
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The Korea Times |
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2009-04-20 |
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India: Rashtriya Chemicals & Fertilisers
benefits from natural gas |
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Mumbai-based Rashtriya Chemicals &
Fertilisers is one of India's largest producers of fertilisers and
industrial chemicals. RCF is set to receive an immediate boost
from increased availability of natural gas. |
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The Economic Times |
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2009-02-04 |
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China may enact refining, chemicals stimulus
by March |
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China, the world's second-biggest
energy consumer, may enact a stimulus plan for the oil refining and
petrochemicals industry before a gathering of the country's
legislature to help spur the slowing economy. |
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CHINAdaily |
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2009-01-24 |
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Emerging economies fuel growth in the world
chemical industry |
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China, over the years, has emerged
into the forefront of the industry with demand for fine and
specialty chemicals posting healthy growth, as a result of strong
economic growth and industrialization. Together with China, other
developing economies in Eastern Europe, Latin America, and South
East Asia are expected to drive growth in the world chemical
industry in the upcoming years. |
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PRWeb |