Published on December 10, 2014
Shocking but true, chemicals from cleaning and freshening products are extremely toxic and exposure over a long-term can have adverse effects on health like cancer, chronic fatigue syndrome and genetic disorders. The increasing amount of unregulated toxic elements in air fresheners can have prolonged health problems. These products should ideally be tested thoroughly before being brought into the market. The cleaning industry currently has no regulations. Chemical firm do not need approval fro ..
Published on December 3, 2014
The changing aspects of petrochemical industry have become pretty evident. The shale gas revolution has helped US bounce back into the game, the sluggish economy in China, the incapacity of Asian petrochemical producers to get cheap hydrocarbons and energy, increasing competitiveness, and development of new technology and feedstocks are some of the factors that have changed conditions in the industry. Geopolitical factors also play a crucial role in determining the availability and sentiments i ..
Published on November 27, 2014
Lipstick is an integral part of every woman’s makeup kit. Women rely on lipsticks to enhance their look in an instant but the coats of this beautifying cosmetic product may just be filled with chemicals. Appealing or not, some of the lipstick brands are toxic and dangerous. Certain cosmetic brands put lead in their lipsticks, and heavy exposure to this toxic chemical can cause some serious health issues. We often base our purchase on FDA-approval, but cosmetic products are said to be the ..
Published on November 25, 2014
Asian petrochemical prices have fell steeply in the midst of declining crude values on the back of rising woes about global growth and demand. NYMEX crude fell by 6 cents to $81.78/b on October 15, while ICE November Brent slipped $1.26 to $83.78/b, a four-year low. Asian paraxylene also slipped $16/mtday on day to be assessed at $1, 066.50/mt CFR Raiwan/China October 15 amid a sluggish crude market and weak demand. Asian PX prices have been declining since September as a result of weak feedsto ..
Published on November 22, 2014
Libya once held the position of the leading oil exporter in the Arab world, offsetting the power of Western oil giants who had control over the post-war oil and gas exploration. The emergence of Libya pushed oil firms to hand over royalties and control over production as well pricing choices. Libyan crude accounted for two per cent of oil supplies and played a major role in the downstream energy markets of France, Italy and Spain. This explains why Brent crude surged to $128 when Britain and Fr ..
Published on November 12, 2014
Phenol is known as an aromatic organic compound and is mainly found as a light-pink crystalline mass, clear or translucent. In most of the commercially available products such as resins, paints, photographic developers, plastics, fertilizers and also in few medicines, Phenol is vitally being used. It is also known as carbolic acid which is added to many different products and has a sweet-smelling clear liquid. Moreover when a human body is exposed to this chemical, it acts as a no ..
Published on November 8, 2014
In past few decades researched analyst have discovered that Olefins metathesis is one of the very few primarily novel organic reactions and in the chemical industry it is noted as one of the biggest game changers that is the driving novel pathways and products from a host of feedstock especially renewable biomass. Moreover, this facet scrutinizes the growth and advances in the technology of metathesis with an accentuation on renewable feedstock to high cost specialities. As per the researched r ..
Published on October 29, 2014
Methanol which is an expedient liquid fuel that is made from various different feedstock resources such as coal and natural gas as well as renewable resources similar to agricultural waste or forest thinning. Methanol which is also known as wood alcohol, is an essential building block for hundreds of vital chemical commodities like paints and coatings, building materials, plastic packaging and many more that touches our daily lives. In the countries like the US and China, Methanol has been used ..
Published on October 20, 2014
Global oil demand is under immense pressure from the sluggish economic growth and this along with the oversupply has pushed down prices even further. IEA has cut down forecasts for oil demand for the third consecutive month. Combined with the slowing supplies, this may spell doom for the oil market. Experts suggest that further drops in oil price would probably hit supply or give the required boost to demand. Benchmark West Texas Intermediate oil was priced at $85 and Brent oil was available ..
Published on October 11, 2014
The World Bank has scaled down its growth forecasts for developing East Asian economies this year as well as the next, primarily because China’s economic growth has slowed down and policymakers are facing grim global monetary conditions. Developing nations in East Asia and the Pacific region are expected to witness a growth of 6.9 per cent in 2014-15, lower than the 7.1 per cent growth forecast made by the World Bank in April. Chinese economy is likely to grow 7.4 per cent this year an ..
