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Liquid chlorine business looking for market opportunities

21/12/2013 14:35

Dow chemical said is studying how to find the market for liquid chlorine downstream business opportunities.

CEO Andrew Liveris said is considering a joint venture, divestitures, and even closing device to improve the return on capital of the industry.

Dow chemical Asia and Latin America and function of plastic material, executive vice President James Fitterling held in London on Thursday ubs Bestof Americas investor conference made some explanation.

Fitterling said the company is "from the Angle of strategy," treat dichloride ethane, vinyl chloride and global chlorinated organic compounds.

He said the company believes that there are many people who are interested, you can use in electrochemical devices and low cost in the gulf of Mexico dow and ethylene integration, if we can become a part of the dow integration, they will feel very have an advantage.

Dow wasn't sure when the liquid chlorine downstream decide, but whatever the result is, doesn't mean that dow will exit the liquid chlorine industry.

Dow Fetterling said don't want to exit the business of liquid chlorine.

The European grid proposal submitted 10 years will be guided by the new energy

21/12/2013 14:11

Eu policy journal dynamic (EurActiv) reported in Europe, the European transmission network system will submit a report on public consultation of the 10 year plan of bill, the bill will show most countries or continents power infrastructure investment ", directly or indirectly, guided by new energy integration ".

The bill will be introduced in detail the eu power infrastructure to its energy goals and power supply security play a huge role, including new energy grid from country to country and transmission network interconnection of electric power project, etc.

Mentioned in the bill, some project adopt the method of bidirectional energy flow area, for example, some special developed local wind energy resources, energy node is transmitted to the European hub and the electricity, and electricity can be transmitted via other transmission lines, to compensate for weak wind time node.

The eu bill and different transmission network system, it will fully consider the power consumption growth, grid reinforcement and a lot of power flow problems. The next 10 years of transmission network planning bill will stand at a new level, to re-examine Europe's energy landscape.

A free trade area of guangdong report key or trade in services

13/12/2013 10:46

Rise of mainland multiple free trade area attracted great attention from all walks of life in Hong Kong, while accelerating domestic reforms, around the rise of free trade in Hong Kong also produced a certain number of opportunities and challenges. Hong Kong financial secretary John tsang, said yesterday, open anywhere on the mainland, is a good thing for Hong Kong.

Deutsche bank greater China chief economist jun ma believes that Shanghai free trade area is conducive to domestic trade and investment liberalization and speed up development of service industry, such as if China and India, Thailand and South Korea more thoroughly realize the liberalization of trade, an estimated 2% four years will boost GDP growth. Pilot success if Shanghai free trade zone, the content of the reform can be replicated across the country, can increase China to join the trans-pacific partnership agreement (TPP), but also to Hong Kong's future development.

FengXiaoYun jinan university school of economics professor, said a free trade area of guangdong, though still not approved the establishment, but it is understood that the department and the ministry of commerce in guangdong province is around the function positioning of the free trade area to study, forecast report will focus on trade in services, and Hong Kong and Macao to emphasize cooperation, cooperate with CEPA sez policy first. Hong Kong, she said, "as an important side of the trilateral free trade area, can make the rules, the main participate in the bid list, if Hong Kong does not respond, then the free trade area locate all need to change the name and function.

Russia's joint venture with three international oil development in the arctic

13/12/2013 10:45

Norwegian media reported on June 21, Moscow, Russia's state-owned oil company, the Russian oil (Rosneft) 21 in Moscow and exxon mobil, Norway's national oil companies in the United States and Italy eni signed to jointly develop the arctic oil and gas resources of the joint venture agreement and related area.

According to the agreement, Russia's oil and exxon mobil, formally established Tuapsemorneftegaz and Karmorneftegaz two joint venture companies, as they are in the black sea and kara proposed the operators of the project.

Under the agreement, exxon will spend $3.2 billion for the two regions with the first exploration. These two areas of drilling operation is expected to begin next year.

In addition, the two companies plan to form a joint venture exploration Russian arctic other seven blocks.

Russian oil with Socar joint development of oil and gas resources

13/12/2013 10:44

According to dow Jones news recently, Moscow Russia's state oil company, according to the announcement has been Socar and azerbaijan state energy company signed a cooperation agreement, both parties will collaborate to develop oil and gas resources.

According to the Russian oil company and Socar will create a joint venture, for oil and gas resources exploration and development in multiple countries, including Russia and azerbaijan. The two companies also agreed to cooperate in oil and gas and oil products sales, will work together to use infrastructure at the same time.

Clariant to join "the United Nations global compact"

13/12/2013 10:42

The world's leading specialty chemicals company clariant announced on August 19, the company has signed to join the United Nations global compact statement. Clariant will strictly follow the United Nations in terms of human rights, labor, environmental protection and anti-corruption 10 principle, abide by the promise of sustainable development, strive to be a good corporate citizen. According to understand, to join "the UN global compact" means clariant insist on sustainable development activities, and work related report will rise to a new level. In addition, as a member of "the United Nations global compact", clariant can also with other stakeholders, will improve the performance of the sustainable development.

The experiences of the polish for the development of natural gas in China

23/11/2013 17:43

Polish embassy spread information, the polish foreign ministry organized by relevant energy head of team work, in June 26 to 27 at the China international gas peak BBS in tianjin, China, to listen to the latest research results of Chinese experts in the field of natural gas and the world famous enterprise executive's insights, and introduces the polish shale gas development present situation, and the latest progress of exploration and development investment opportunities.

It is understood that the polish transport has been dependent on Russian energy. As domestic natural gas exploration made gratifying achievements, particularly shale gas reserves calculation results, the polish saw the dawn, improve energy security from national level has staged a series of introducing foreign investment, to accelerate the development and related policies. Working group by polish ambassador Tadeusz Chomicki and Poland and the ministry of foreign economic cooperation bureau chief Katarzyna Kacperczyk lead.

China international gas peak BBS by Chinese gas industry association and jointly organized by the gas technology institute, aimed at strengthening international exchange of the gas industry.

Russian oil companies consider acquiring the oil companies

23/11/2013 17:43

According to Russia's new news, "the news according to the national oil companies are close to BaShenJiEr (Bashneft) major shareholders - the Russian financial system co., LTD (AFK Sistema) sources of information, the Russian oil company is considering the possibility of buying BaShenJiEr oil firms.

One of the sources said that the Russian oil company has to BaShenJiEr oil companies were evaluated. Another source said the newspaper, the company no financial stake in the company put forward proposal to the system. Russian ministry of economic development staff also told the Russian oil company interest, he said, adding that the problem has not been submitted to the board.

BaShenJiEr oil company is a complex BaShenJiEr fuel energy group's main businesses. Financial system co., LTD is the main holders BaShenJiEr oil company. Company specialized in BaShenJiEr, western Siberia and state at engaged in oil drilling, got the license for the nenets autonomous region area of origin who, including special column (Trebs) and JiTuoFu booth oilfield oilfield (Titov, director).

Air group renewal customers in the United States

23/11/2013 17:12

Air liquide LyondellBasell sign a new long-term contract, with the United States for its located in pasadena, Texas Bayport industrial zone 3 factories provide steam, electricity, air, gas and water. According to the agreement, liquid air will reinvest a energy-efficient cogeneration system, improve the equipment capacity, and extend the service life of more than 20 years, the set of device with a total investment of about 180 million euros ($230 million). Air will also invest to build air separation device to improve the capacity. LyondellBasell is one of the world famous plastic, chemical industry and fuel companies. The investment of spare production capacity will meet the needs of industrial park, Texas other customers.

Star onto - high-performance stearic acid products

22/11/2013 15:22

By hebei hengshui star auxiliaries co., LTD., the independent design, construction capacity of high-performance stearic acid series products production line formally put into production, the production line can meet high quality barium stearate, calcium, zinc, lead and other products of production requirements.

According to introducing, the star ferry company by adopting original stearate series products production new technology of hydrolysis and acidification, further improve the quality of the product. Among them, the zinc stearate products fully meet the requirements of the technical indexes as lubricant for cosmetics, this product is also addressed in rubber and plastic products production of sulfide pollution problem.

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