Insights On Chemical And Energy Growth Markets

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China gets another shot at Mideast energy

Insights

29-Aug-18 US sanctions on Iran have presented new opportunities for Chinese companies, after Total failed to secure an exemption for its investment in South Pars. China’s demand for oil almost doubled in the past decade and natural gas is booming. [image: Bloomberg]

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21-Aug-18 Africa’s first waste-to-energy facility was recently launched in Addis Ababa, Ethiopia. Construction of the facility, called Reppie, began in 2014 at an estimated cost of USD118 mn under an agreement between Cambridge Industries and the Ethiopian government.

[image: Africanews]

Insights

13-Aug-18 Hanwha will earmark USD19.5 bn for investments and hire 35,000 workers in its largest-ever growth plan. Korean chaebol (conglomerates) Samsung, Hyundai, SK, LG and others have made similar announcements recently in response to government appeals to help the economy. [image: Business Korea]

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01-Aug-18 BASF's Surface Treatment business unit, under the Chemetall brand, is investing in a state-of-the-art site in the Dushan Port Economic Development Zone of Pinghu, Zhejiang, China. [image: BASF]

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13-Jul-18 Apple has launched a new clean energy fund in China, aimed at providing enough energy to power almost one million homes. The tech giant and 10 partners will jointly invest USD300 mn to connect suppliers with renewable energy sources. [image: Apple Newsroom]

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