Published on August 6, 2014
A new research done in preschool and daycare centre shows hazardous flame retardant chemicals can pose health risk to toddlers. According to the analysts, the chemical flame retardant are mostly used in resins, textiles and plastics sector and is a composite that is added to manufacture these materials. Day to day, toddlers at preschools and day care centers are exposed to potentially dangerous flame retardant chemicals. From around 40 such child care centre in Monterey and Alameda countri ..
Published on August 4, 2014
Researchers at the University of Konstanz have found a method to transform algae oil into high-quality chemical raw material. This transformation will be achieved via isomerizing alkoxycarbonylation, which will enable the use of algae as a fundamental chemical component for a wide range of materials and products. Algae are often used as a substitute for crude oil. Professor Stefan Mecking said, “We are very interested in probing the possibilities of using algae as a potential raw materia ..
Published on July 30, 2014
Who doesn’t love getting their nails done, but every gel manicure comes with a price. Evidence suggests that use of UV lights to dry regular or gel polish can increase your chances of getting skin cancer. While, some say that use of UV light during manicures won’t cause cancer. Those of you are concerned about excessive exposure to UV should apply sunscreen to their hands. Or opt for nail salons that use LED lights as you don’t have to put your hands under them for a long time. ..
Published on July 29, 2014
Chemical industry of India is expected to achieve the ambitious target of being one of the top five chemical producers in the world within the next five years. Currently, the Indian industry is at the 12th position and accounts for about 3 per cent of the global industry, far behind China, US, Germany and Japan. Chemical demand in the country may increase but this will not help boost the growth of this industry. A large share of the demand is met via imports, the low tariffs as well as the nume ..
Published on July 25, 2014
Iran has been heavily reliant on oil and the fluctuating oil prices have had a direct impact on government's budget. Iran, however, plans to promote an economy independent of oil even though the western sanctions have been eased. Heavy dependence on oil revenues has affected economic growth of the country. The sanctions may have affected the country's economy but it also helped this nation realize how dependent they were on oil revenues. In the budget bill for March 2014-March 2015, 39.9 per c ..
Published on July 21, 2014
Crisis in Iraq has raised concerns about global oil supply and energy security. The threat to Iraq's sovereignty can have a deep impact on global oil market. The ISIS has seized control of Syria's largest oil field and Iraq's largest oil refinery in Baiji. These events have had a direct impact on oil prices, which has reached the highest levels since September 2013 at USD116 per barrel. Iraq owns nearly 9 per cent of the global conventional oil and proven reserves of 150 billion barrels. Oil i ..
Published on July 19, 2014
Vinyl Acetate Monomer domestic prices have been fluctuating since last month for Mumbai and Kandla port. On 15th Jun 2014 domestic prices were Rs.103-104/kg for Kandla and Mumbai port which has further decreased to Rs100-101/kg today due to lack of demand in the market. Prices tend to show a mixed trend throughout this month. Meanwhile prices have touched the level of Rs.98/kg on 27th Jun. Market players believe that still the current position of the chemical is more than what is being anticipat ..
Published on July 17, 2014
Famine supply amongst importers has escalated the prices of ISO Propanol (IPA) in Indian market in the preceding two months. In the second quarter of this fiscal year prices of IPA have augmented with a very high note. Traders feel that in last quarter stock availability of IPA was very dull amongst importers and those that do grasp any stock for the chemical was again very limited, importers were having squat inventory compared to demand. Hence short supply position has escalated the prices fo ..
Published on July 14, 2014
To most of the petrochemical industries around the world – innovation is one of the key successes, also for the Gulf Cooperation Council (GCC) countries innovation is the key to the petrochemical industry to remain competitive at a global level. According to the industry experts, in commodity petrochemicals production the Gulf Cooperation Council (GCC) petrochemical industry is noted as a global leader with production capacity of 142.7 million tons. Moreover, if any developments trim downs ..
Published on July 9, 2014
Gas shortage has put a stop to several petrochemical projects in Egypt. Lack of sufficient natural gas has pushed the government to focus on projects that rely on naphtha. Projects that have been affected include a fertilizer complex in the industrial zone west of Damietta port. The USD 2.2 billion project is expected to have a production capacity of 2 million tonnes of urea per year. A polystyrene complex in Dekheila port in Alexandria worth USD 408 million, with a production capacity of 200 ..
