Americas
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
South America: Brazil
Brazil’s economic improvement was remarkable over the past decade, following many years of slow growth. On average, the Brazilian gross output of goods and services increased at an annual average..
Asia: India
The Indian economy has come a long way since the 1991 economic reforms. A decade and a half of economic reform and globalization is yielding returns that cut across all income groups. The domestic eco..
Asia: Japan
The Japanese economy showed steady recovery for 2003–2007. However, due to the global recession in late 2008, Japan’s GDP growth decreased to –1% in 2008 and to –5.5% in 2009. Due ..
Europe: United Kingdom
The United Kingdom (UK) is Europe’s fourth largest chemical economy, after Germany, France and Italy. It accounts for 8% of the European Union’s (EU’s) $900 billion overall chemical pro..
US auto group issues new E15 gasoline warning
Though the ethanol industry fought for approval to roll out E15, carmakers and blenders continue to resist the move, citing concerns about its impact on vehicles and equipment. AAA warned its 53 million motorist members that most vehicles aren't approved by manufacturers to run on E15.
Oneok postpones planned Bakken Express pipeline
The company referred to the project as 'postponed' and said the problem was that shippers were not interested in sending oil to the pipeline's proposed destination at the oil storage hub of Cushing, Okla., currently the site of a supply glut that has helped keep US benchmark oil prices low.
DuPont breaks ground on Iowa commercial-scale cellulosic ethanol plant
The new facility is expected to generate 30 million gal/year of cellulosic biofuel produced from corn stover residues. That represents more capacity than original estimates called for, as data from a piloting facility in Tennessee has allowed DuPont to further optimize the process and technology
Petrobras selects UOP technology for offshore gas processing in Brazil
UOP, which opened a sales office in Rio de Janeiro in 2011 to better serve the oil and natural gas sectors in Latin America, will fabricate a significant portion of the membrane system locally in Brazil. The technology upgrades natural gas streams by removing carbon dioxide and water vapor.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
