GUANGZHOU (ICIS)--China’s economy expanded at
an annual rate of 9.7% in the March quarter, slowing further from the
9.8% pace recorded in the fourth quarter of 2010, as the country
continued to tighten its monetary policy to curb inflation, according to
official statistics released on Friday.SEE MORE NEW DELHI (Commodity Online): Associated Chamber of
Commerce and Industry (ASSOCHAM), a leading industry body, has urged the
India government to evolve a policy for encouraging second-generation
alternative fuels like cellulosic ethanol and set targets for blending
with gasoline to reduce dependence on oil imports. SEE MORE Italy-based chemicals and plastics firm Mossi & Ghisolfi Group
(M&G) made history April 12 when the company broke ground for its 13
MMgy cellulosic ethanol facility in Crescentino in northwestern Italy.
The project is the largest cellulosic ethanol project in the world to
date, 10 times larger than any of the currently operating
demonstration-scale facilities. The plant is expected to become
operational in 2012 and will use a variety of locally sourced
feedstocks, beginning with wheat straw and Arundo donax, a perennial
giant cane. SEE MORE American PVC offers have been emerging at noticeably higher levels in
many global markets including Turkey, Egypt, Italy and China, tracking a
similar trend as March, as per Chemorbis. In a weekly comparison,
prices for American PVC to Turkey are US$65-95/ton higher. SEE MORE VietNamNet
Bridge – Vietnam Coal and Mineral Industries’ (Vinacomin) proposal to
raise coal prices by 20-40 percent beginning on April 1 was unexpectedly
approved by the Ministry of Finance.SEE MORE
