July 20 (Reuters) - South Korea's LG Chem said on Tuesday it was considering building rechargeable battery plants in China and Europe around 2013 to meet demand. SEE MORE July 19 (Bloomberg) -- Petrochemical product prices will be stable in the third quarter and the outlook for the period depends on the global economy, Saudi Basic Industries Corp. Chief Financial Officer Mutlaq al-Morished said today. SEE MORE July 19 (Bloomberg) -- India, the fourth-biggest producer of natural
rubber,
may permit purchases of as much as 100,000 metric tons from abroad at a
lower
duty to reduce shortage, a tire producers’ group said. SEE MORE As our society becomes increasingly mobile, while at the same time
getting more
and more connected, batteries are becoming more widespread and more
important.
Two years ago, Americans purchased close to three billion batteries a
year. With
the explosive growth of iPod and cell phones markets, the demand is far
higher
now. It’s a good thing that many of those devices use rechargeable
batteries,
otherwise we’d probably be buying ten billion batteries a year, many of
which
would end up in landfills. SEE MORE Zinc prices rose by 1.20 per cent to Rs 84.65 per kg in futures market
today, as speculators built up fresh positions, supported by firming
trend at the London Metal Exchange on increased buying by Chinese
traders. SEE MORE