Aleris International has broken ground for the construction of an $300M aluminum rolling mill in China’s Zhenjiang City, Jiangsu Province. SEE MORE Evonik Industries and the Indian chemical company Gujarat Alkalies and Chemicals Limited (GACL) are driving forward plans for a new multi-million project. At its heart is the construction of a new hydrogen peroxide production plant by Evonik and a propylene oxide facility by GACL SEE MORE Carbon fiber is a new breed of high-strength material. Use of carbon fibre allows reduction in weight of the transport equipments or vehicles SEE MORE SINGAPORE (ICIS)--Saudi Basic Industries Corp (SABIC) plans to shut eight major monoethylene glycol (MEG) units in the country this year, lending additional upward pressure on Asia MEG supplies, a source close to the company said on Thursday. SEE MORE LONDON (Commodity Online) : The London Metal Exchange registered new records for volume and value of trading in 2010, consolidating its position as the world’s leading metals exchange. SEE MORE