Most-read stories on ICIS news, July 25-31, 2007

06 August 2007 00:00  [Source: ICB]

JULY 25-31

1. High returns forEastman gasification

NEW YORK (ICIS news) - Eastman Chemical will count on cost advantages to achieve high returns from two $1.6bn (€1.2bn) gasification projects in Texas and Louisiana.

2. India's petchems have potential

SINGAPORE (ICIS news) - A few years ago, if industry experts had been asked whether India would be able to replicate its information technology growth success within the petrochemical industry, the answer would have been a decisive "no."

3. Hanwha eyes Sipchem project

SINGAPORE (ICIS news) - South Korea's Hanwha Chemical is in talks with Saudi International Petrochemical Company (Sipchem) to take an equity stake in its 1.3m tonne cracker project in Saudi Arabia.

4. Indian infrastructure needs upgrade

LONDON (ICIS news) - In most parts of India, shortages of electricity are regular occurrences. Power is rationed in some cities, so businesses must tolerate one day a week off the grid. Other infrastructure is similarly underdeveloped.

5. Reliance pushes Jamnagar refinery

JAMNAGAR (ICIS news) - The view at night is spectacular. On a vast, arid tract along India's west coast, in the state of Gujarat, Reliance's Jamnagar glitters like the skyline of New York.

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