The supply of paraxylene (PX) to get a boost in 2019 from Asia. Two large capacity manufacturing units are coming in the Chinese soil this year. Hengli Group and Zhejiang Petrochemical Corporation are the two groups which have expanded their capacity this year. The Hengli Group will be capable of producing 4.5m tonnes/year of PX.… Read More »
As the New Year always starts with a new resolution, people voted for veganuary this 2019. Veganuary is a charity which encourages eating vegetarian food for this whole January month. This campaign is organized by Jane and Matthew from Britain has 170000 people from 14 countries signed for the campaign. This number is three more… Read More »
Saudi Arabian Energy and chemical giant, Saudi Aramco has fully acquired ARLANXEO Holding B.V. A specialty chemical company ARLANXEO Holding B.V in Netherland is a subsidiary of Lanxess AG, a German company and Saudi Aramco. The alliance between Saudi Aramco and Lanxess AG was established in April 2016. Lanxess sold its stake to reduce financial… Read More »
The British government is all set to preserve the flexible business model of gig companies. Uber Technologies Inc. supported the government’s decision but the unions opposed the decision. The taxi-hailing service, Uber and food delivery company, Deliveroo are employing temporary employees. These are self-employed workers who are not entitled to workplace rights and get minimum… Read More »
The Asia’s super economic power China is competing behind the united states after following late notable leader Deng Xiaoping remarkable the “reform and opening up” policy. Four decades after the policy was introduced, the following changes took place in Chinese history. The Chinese economy multiplied 42 times between 1980 and 2017, increasing from$305 billion to… Read More »
The US-based aircraft manufacturer Boeing Co, opened their first completion unit at Zhoushan, China on 13 December 2018. This factory was opened with the aim to lead ahead in sales over its rival Airbus. The leading aviation industry with $2.7 trillion opportunities in China is not a small business which any company wants to miss.… Read More »
Robots mainly play a major role in the manufacturing industry. With advancement in technology, they are aiding high precision surgery area. The Five most interesting surgical robots in 2019 are listed below. The PRECEYES Surgical System These are used for precise eye surgery. A test was conducted on twelve people by the University of Oxford.… Read More »
Remote Pacific island nation Vanuatu has made history in vaccination. It has used a commercial drone to deliver vaccines. Australian tech firm Swoop Aero sent across its drone for 40km (25 miles) to the remote area of cooks bay. This bay is usually accessible by foot or local boats. he time consumed is also more.… Read More »
The bullish rise of Brent and US crude oil for about 8% on December 26, 2018, posting its strongest daily gain. This is the largest gain since November 30, 2016. The prices rose in wake of the Organization of the Petroleum Exporting Countries (OPEC) agreement to reduce production. The analysts are unsure whether the prices… Read More »
The crude oil production is exceeding the demand as per the oil producers. The oversupply will continue till the first quarter of 2019. The oil prices will remain bearish. Till the month of October 2018, the crude oil prices were four years high. Then it dropped more than third of its value in a month.… Read More »