Vietnam’s central bank quoted the U.S dollar exchange rate at
VND20.828 on Tuesday, unchanged for nearly 4 months or longest string
since it has been applied but also the highest one. SEE MORE 12:00 AM @ 01/01/1900
HCM CITY — Electricity and coal producers are
preparing to deal with a sharp increase in production costs as a result
of the latest fuel price hike.SEE MORE(VEN) - Despite a forecasted economic slowdown, Vietnam's industrial production grew sharply in February. SEE MORE (VOV) - The soaring prices
of essential goods are challenging Vietnam despite its effective
implementation of measures to curb inflation and stabilize the
macroeconomy. SEE MORE By weight, PET consists of 70% terephthalic acid and 30% monoethylene
glycol. Bio-PET is made by replacing monoethylene glycol (MEG) with a
raw material derived from sugar cane. Toyota plans to replace 20% (by
weight) of all oil-based plastics for cars with bio-plastics by 2015,
amounting to approximately 360,000 tons of bio-plastics. The Bio-PET
may be used in seats and carpeting and other interior components that
require a high level of performance unattainable by previously available
bioplastics. The opening of Braskem plant in Brazil is speeding
Toyota’s use of bioplastics. The Japanese major has committed to buy 40%
of the output of Braskem’s new 200,000 tpa ethylene from sugar. SEE MORE
