09202018Thu
Last updateThu, 20 Sep 2018 3pm

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A Metal Coating That Repairs Itself

Airplanes, cars, and ships that don't corrode are the promise of self-healing paint coatings and polymer materials. Now researchers at the Fraunhofer Institute for Manufacturing Engineering and Automation in Stuttgart, Germany have come up with a metal coating that may be able to repair itself after sustaining damage.

 

Source: Technology Review

 

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US Refiners Second Quarter Foreshadows Continued Slump

After posting dismal second-quarter results in a season that usually brings high fuel sales, the U.S. independent oil refining sector is bracing for a long period of gloom.

 

Sunoco, the second-largest independent refiner by volume, swung to a loss of $55 million, or 47 cents per share.

 

Source: Dow Jones

 

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India Begins Roadshow for Largest Oil, Gas Block Auction

India on Saturday began the roadshow for its largest auction of oil and gas blocks, to be held through global competitive bidding, with an aim to further reducing its dependency on hydrocarbon imports.

 

"India is meetings its requirement of hydrocarbons through 75% of imports," Murli Deora, the Minister of Petroleum & Natural Gas, said at the roadshow.

 

Source: Dow Jones

 

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Chemical Industry Lends Support to Reform

In a reversal, chemical industry leaders said last week they are joining environmentalists, public health groups and consumer advocates in seeking more robust federal regulation of chemicals.

 

For the first time, chemical manufacturers said they are willing to furnish the Environmental Protection Agency with health and exposure data they have gathered that are related to their chemicals, and to allow the agency to determine whether the chemicals are safe to use.

 

Source: Washington Post

 

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Persian Gulf to See Surge in Industrial Investment

Gulf oil producers are expected to pump massive funds into manufacturing projects in the coming years despite tight market conditions, according to their official industrial group.

 

Heavy investments in medium and heavy industries in the six-nation Gulf Cooperation Council (GCC), exceeding $150 billion (Dh551bn), have resulted in a sharp increase in manufacturing units, jobs and industrial exports, while the non-oil manufacturing sector has become the second most important component of the gross domestic product in member states, the Doha-based Gulf Organisation for Industrial Consulting (Goic) said in a study.

 

Source: Emirates Business 24/7

 

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