Petrochemical projects in the Middle East are facing delays. In many cases, financing is in doubt. State-sponsored projects are an exception, although the time line of some projects has been extended. However, the delay benefits producers as construction costs continue to fall. Middle Eastern petrochemical firms also are expected to remain active in mergers and […]
Cosmetics containing nanoparticles will undergo a safety assessment procedure starting in 2012, according to regulations passed this month by the European Parliament. The legislation replaces national rules for cosmetics with a single EU-wide set of regulations. Cosmetic ingredients that contain nanoparticles will be subject to additional submission criteria. If questions about the safety of a […]
According to China’s Vice Heath Minister Chen Wenjun, the nine departments cooperating under China’s newly approved Food Safety Law will be headed by the Health Ministry (HM). In addition to coordinating the activities of the nine departments, the HM will deal with food safety emergencies, including food safety monitoring and evaluation. Food manufacturers will be […]
Increases in National Health Service spending and other government funds for translational research has lead UK institutes to focus on moving medical research into the clinic more quickly. England is facing competition for medical research and clinical trials from the Asia-Pacific region. According to the Centers for Medicines Research, the number of patients enrolled in […]
According to a survey by the Japanese Ministry of Internal Affairs and Communications, for the fiscal year ended March 31, 2008, R&D spending in Japan grew 2.6% to ¥18,943.8 billion ($164.7 billion). Respondents consisted of 10,488 companies, 1,200 nonprofits and 3,500 universities. Companies, nonprofits and universities accounted for 73%, 8.9% and 18.1% of R&D spending, […]
Despite their oil resources, Middle Eastern countries are making record investments in clean energy, targeting R&D and green manufacturing in order to maintain their leadership in energy. Masdar, near Abu Dhabi, will produce zero carbon emissions and be home to an MIT satellite campus as well as a research park. According to CH2M’s Nancy Tuor, […]
According to the National Science Foundation’s (NSF) Tokyo Region Office, the Japanese science and technology budget (S&T) for fiscal year 2009 beginning April 1 is ¥3,554.8 billion ($35.5 billion), flat with the prior year. The lack of a substantial decrease in a year when government budgets were substantially cut is indicative of Japan’s commitment to […]
In 2007, China’s R&D spending rose 23.5% to CNY 371 billion ($48.8 billion) to account for 1.49% of GDP. The national government‘s R&D spending grew 25.2 % to CNY 42.5 billion to make up 4.25% of its expenditures. R&D by companies, government-affiliated research institutes, and colleges and universities accounted for 72.3%, 18.5% and 8.5% of […]
The Ministry of Knowledge Economy has announced three new “growth engines” for the nation’s economy: green technology, “high-technology industrial convergence” and “valued-added industries.” The Ministry will work to attract KRW 90.5 trillion ($66.9 billion) in private funding by 2013 for 10 projects. The government will contribute KRW 7.3 trillion to the projects, as well as […]
The European Parliament has approved legislation regulating the use of pesticides. The law bans certain highly toxic chemicals in pesticides and creates criteria for the use of other substances. The EU will create a list of approved “active substances,” consisting of chemicals that can be used in pesticides. Based on an assessment by the Swedish […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
