Published on May 1, 2014
Crude oil which noted as one of the most basic global commodities and surplus any other energy sources it provides more than a third of energy which is mostly used every day in India. Both direct and indirect impact on the global economy is seen due to ebb and flow in crude oil prices and as result investors over the world have closely tracked the prices of crude oil. In volatility of oil prices the performances of crude oil prices have received a special attention in the current environment of ..
Published on April 29, 2014
The shale gas revolution has taken the US petrochemical industry to a new level. However, the industry continues to experience shortage of skilled labour. Equipped with vast supplies of raw materials the US petrochemical firms have announced over 100 billion dollars in projects, including world-scale steam crackers, methanol plants, derivative units and propane dehydrogenation units. These projects have the potential to help US become a global chemical and plastics hub. This can is possible on ..
Published on April 25, 2014
The Indian agricultural industry has furthered the growth of biofuels and biochemicals mainly because companies are now on the lookout for renewable raw material. India is amongst the largest producers of agricultural produce and a large amount of this agricultural material goes unused. If used properly, this produce can help generate energy and chemicals. The industry has now started looking for renewable sources. Growing population, increasing consumption and climatic changes have led to a ris ..
Published on April 23, 2014
Like the rest of the world, Crimea region of the neighboring Ukraine in the distance from the invasion of Russia was witnessed by African petroleum industry. African nations such Kenya, Libya, Uganda and Nigeria are thousands of miles detached from that twirl of European tension which is known as Ukraine, although their fortune might be closely aligned as drama unfurl in the Eastern Europe. In quintessence, the more Western powers from NATO to the U.S., feels constrict and frantic enough to loo ..
Published on April 19, 2014
Chemical manufacturers are increasingly adopting green route for manufacturing. Majority of the chemical industry is heavily dependent on non-renewable resources, obsolete processes that are wasteful and products that have not been checked for impact on human health or the environment. Green chemistry, on the other hand, equips chemical manufacturing with sustainable processes. Green manufacturing is not only sustainable but also economical. It will help achieve both economic and environmental ..
Published on April 16, 2014
Polyethylene Terephthalate (PET) which is a strong but lightweight form of clear polyester is one of the most recycled polymers with the aim of making polyester fibre, flim and bottle and it is also used to make containers for the storage of bottles, edible oils and household applications. The chemical is by and large made from two monomers – Monoethylene Glycol (MEG) and Purified Terephthalic Acid (PTA) and currently few 54 mt has being manufactured globally. Both these monomers mostly c ..
Published on April 16, 2014
India implemented BIS standards for food packaging inks. However, adhering to these standards is not mandatory and this complacency can pose a threat to consumer health. Manufacturers involved in food packaging should ensure adoption of highest levels of manufacturing. Everyone involved in this sector must make consumer health their priority. Interaction between food packaging, its surroundings and its contents can take place in 3 ways: Permeation leads to movement of any substance through th ..
Published on April 14, 2014
India has yet again failed to impress the overseas executives of key polyolefins producers. They cited a number of reasons for this grave disappointment. According to the key market players India’s economic growth has not managed to dazzle anyone, rather it has been much weaker than expected. Lack of infrastructural development and foreign investment has put a stop to India’s forward march. People have high hopes from the upcoming general elections. They wish to see a change in the ..
Published on April 9, 2014
A group of engineers have embarked upon a quest to determine the long-term effects of chemicals in the drinking water distribution system and the environment. The team has been granted a $50,000 National Science Foundation Rapid Response Research grant and aims to understand the properties of crude 4-methylcyclohexane methanol (MCHM). The research team includes associate professor Daniel Gallagher, assistant professor Robert Scardina, senior analytical chemist Jody Smiley of the Department of C ..
Published on April 5, 2014
Analysts have stated that in the event of U.S. lifting the 39 year old ban on exporting crude oil from the United States gasoline prices would drop, which will benefit domestic consumers. This new study was conducted by consulting firms ICF International and EnSys Energy. Plans to export fossil fuel have often been criticized as it would lead to higher prices at home. However, a recent study suggested that exporting U.S. crude would be economically viable for consumers. Increased e ..
