• Making ethylene directly from methane

      01/01/1900
    A California startup has received new funding for cracking the puzzle of how to make liquid chemicals directly from methane.

    As petroleum prices rise, so does the cost of producing ethylene and all
    the products that come from it. Ethylene is the world's highest volume
    commodity chemical and is made from petroleum using "steam cracking" in
    which the long-chain hydrocarbons are thermally broken down (cracked).  
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  • Dong flow to banks slows down, putting pressure on liquidity

      01/01/1900
    VietNamNet Bridge – Commercial banks all have reported the sharp decreases in
    the volume of capital mobilized since September, when banks began applying the
    14 percent ceiling interest rate mechanism. Experts have warned that the
    decrease in mobilized capital means higher liquidity risk, while the pressure on
    the foreign currency market has also appeared, sooner than expected, partially
    because of the gold price increases.
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  • China Growth May Top 9% as Slump Poses Risk

      01/01/1900
    China’s economy probably grew more than 9 percent in the third quarter, indicating the nation remains an engine of global growth even as Europe grapples with the sovereign debt crisis and the U.S. recovery falters.  
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  • Anti-dumping duty on caustic soda imports

      01/01/1900
    In a major blow to the manufacturing industry, the finance ministry has imposed an anti-dumping duty on the use of caustic soda till 2013.  
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  • More than 10 tons of gold sold to stabilize market

      01/01/1900
    VietNamNet Bridge – It is estimated that more than 10 tons of gold have been
    sold in an effort to stabilize the market and ease the “gold fever”. As the
    supply is profuse, the market has become less boisterous. However, the domestic
    price is still higher by 1.5 million dong per tael than the world’s price.
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