Keyword: economy

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Quo Vadis Europe?

20.11.2012 - Economic Outlook - Chemical and petrochemical companies are fairly pessimistic about the current state and future prospects of the European market, says a new survey conducted on...

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U.S. Chemical Giants Cutting Jobs After a Devastating Third Quarter

15.11.2012 - After a bleak third quarter and expectations of a further weakening in the short-to-medium term, U.S. chemical giants Dow Chemical and DuPont have announced plans for massive job...

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BASF, Bayer, Evonik and Lanxess Still Strong in Q3 Despite Dark Clouds

15.11.2012 - Storm clouds are gathering on the horizon, as the somewhat weaker third-quarter results show, but German multinational chemical players BASF, Bayer, Evonik and Lanxess still expect...

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Exxon's PNG LNG Project Costs Balloon to $19 Billion

12.11.2012 - Exxon Mobil said it faces a $3.3 billion spike in costs at its LNG project in Papua New Guinea, the latest Asia-Pacific project to be hit by cost overruns as competition is set to...

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Unconventional US Oil, Gas Boom Expected to Create 1.3 Million Jobs

23.10.2012 - The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading...

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Revival of Britain's Northeast Tests Government

11.10.2012 - Tracts of bare ground dot the vast Wilton chemical complex, a reminder of long-demolished plants that bear ghostly witness to the industrial decline of the world's first...

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EU Crisis Piles on Pain for Europe's Drugmakers

26.07.2012 - Europe's sick economy is infecting its pharmaceuticals sector, traditionally one of the region's most successful industries. Price cuts to rein in healthcare spending reached...

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Germany's RAG to Scrap Evonik IPO Plans

18.06.2012 - The owners of German chemical company Evonik are set to scrap plans for what could have been Europe's biggest initial public offering in more than a year, four people familiar with...