Chemical News
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Devon Promotes Richels to Chief Executive Officer Jun 10,2010
June 9 -- Devon Energy Corp., the second- largest independent U.S. oil company by market value, promoted President John Richels to chief executive officer and said co- founder J. Larry Nichols will stay on as executive chairman. Richels, 59, has been president since 2004 and has served on the company’s executive committee since 1998, Oklahoma ...>>>
U.S. to engage with China to expand economic benefits: Geithner Jun 11,2010
WASHINGTON, June 10 -- U.S. Treasury Secretary Timothy Geithner said Thursday the U.S. would continue to engage forcefully with China to expand the economic benefits of the relationship for American workers and companies. "China is fast on its way to becoming the world's second largest economy and could potentially become the largest foreign mar...>>>
Papandreou Unwinds Greek Socialist Past to Confront Corruption Jun 11,2010
June 11 -- Socialist Prime Minister George Papandreou promised to undo decades of welfare policy to win an international bailout for Greece. Keeping the lifeline will force him to reverse another legacy left by past leaders, including his father: corruption and a bloated bureaucracy. Papandreou has promised“clean hands”to win public support for...>>>
Sipchem Announces the Commercial Start-up of Carbon Monoxide and Acetic Acid Plants Jun 11,2010
The Saudi International Petrochemical Company (Sipchem) announced the commercial start-up of two its Acetyls Complex plants in Jubail Industrial city on Saturday 5 June 2010, namely, the Carbon Monoxide plant with an annual production capacity of 345,000 tons and the Acetic Acid plant with an annual production capacity of 450,000 tons. The Carbon M...>>>
Santos in Talks with Sinopec About LNG Project, Australian Says Jun 11,2010
June 11 -- Santos Ltd. is in talks with China Petroleum & Chemical Corp. about a potential A$400 million sale of a stake in its Queensland liquefied natural gas project, the Australian newspaper said. A senior team from Santos, which owns 60 percent of the Gladstone LNG joint venture with Malaysia’s Petroliam Nasional Bhd, was seen Jun...>>>
Workplace Regulator Wary of "Sloppiness" in BP Spill Cleaning Jun 11,2010
June 10 -- Workplace inspectors are monitoring BP Plc’s cleanup of oil from Gulf Coast shores for signs of“sloppiness”that would expose workers to hazards, the head of the U.S. Occupational Safety and Health Administration said. “We are prepared to issue citations if we see hazards,”OSHA chief David Michaels said yesterday in a telephone interv...>>>