Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Huntsman And Sinopec Form Joint Venture To Build And Operate PO/MTBE Facility In Nanjing, China

THE WOODLANDS, Texas, Nov. 13, 2012 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that it has entered into a joint venture agreement with Sinopec Jinling Company, a subsidiary of Sinopec.  The joint venture, Nanjing Jinling Huntsman New Materials Co., Ltd. will build and operate a world scale Propylene Oxide (PO) and Methyl Tertiary Butyl Ether (MTBE) facility in Nanjing, China.  The facility is expected to be completed by the end of 2014 and it will utilize Huntsman's proprietary PO/MTBE manufacturing technology. 

PO is an intermediate compound used to make high value polyurethane materials ranging from energy efficient home insulation and building materials to comfort foams for automobiles and furniture.  MTBE is a clean burning fuel additive that improves gasoline engine performance and reduces air pollution.

Huntsman will own 49 percent of the joint venture, and Sinopec will own 51 percent.  The facility will produce 550 mm lbs of PO and 1.6 billion lbs of MTBE at a capital cost of approximately $750 million.  Other details of the joint venture were not disclosed. 

Commenting on the agreement, Peter R. Huntsman, President and CEO said, "This partnership provides a tremendous opportunity for us to further our global expansion and create shareholder value.  We are proud to partner with Sinopec, a global leader in energy, refining and chemicals."

Huntsman's Polyurethanes division has world scale production facilities in the U.S., the Netherlands and China, including a PO/ MTBE plant in Port Neches, Texas and is a global leader in PO technology.

About Huntsman:

Huntsman is a global manufacturer and marketer of differentiated chemicals. Our operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, Huntsman has approximately 12,000 employees and operates from multiple locations worldwide. The Company had 2011 revenues of over $11 billion. For more information about Huntsman, please visit the company's website at www.huntsman.com.

Forward-Looking Statements:

Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors.  The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

SOURCE Huntsman Corporation

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
More and more enterprises today are doing business by opening up their data and applications through APIs. Though forward-thinking and strategic, exposing APIs also increases the surface area for potential attack by hackers. To benefit from APIs while staying secure, enterprises ...
Red Hat, Inc., has announced the availability of Red Hat JBoss Fuse 6.1 and Red Hat JBoss A-MQ 6.1, its standards-based integration and messaging products. The technologies extend and simplify integration to all facets of the enterprise, including on-premise, hybrid and cloud-bas...
The market is full of buzz about cloud computing, and with it come sweeping claims about simplicity and savings. Deciding to migrate some or all database management to a cloud hosting provider, however, is a more complex undertaking than conventional wisdom may suggest. This wh...
The revolution that happened in the server universe over the past 15 years has resulted in an eco-system that is more open, more democratically innovative and produced better results in technically challenging dimensions like scale. The underpinnings of the revolution were common...
You use an agile process; your goal is to make your organization more agile. What about your data infrastructure? The truth is, today’s databases are anything but agile – they are effectively static repositories that are cumbersome to work with, difficult to change, and cannot ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News
Typesafe, provider of the world's leading Reactive platform and the company behind Play Framework, A...