Oceania
Oceania
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DAK Americas and Nan Ya Plastics Intend to Raise Polyethylene Terephthalate Prices
Feb 21, 2013DAK Americas and Nan Ya Plastics intend to raise polyethylene terephthalate prices for March by 2 cents/lb, according to a pair of letters obtained Tuesday by Platts. Both companies cited higher raw materials costs as the reason for the ...
Tags: polyethylene terephthalate prices, PTA, PET
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Dell Has Reported Another Quarter of Declining Revenue and Profit
Feb 21, 2013Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
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Australia's Fortescue Metals Group Reported 40% Profit Fall in First-Half
Feb 21, 2013Australia’s Fortescue Metals Group, the world’s No.4 iron ore producer ranks behind Rio Tinto, Vale and BHP Billiton, reported 40% profit fall in first-half. Iron ore price fell sharply and costs rose as it ramped up ...
Tags: iron ore producer, iron ore, Iron ore price
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In January The Crude Steel Output Surveyed Across The Globe Reached 124.8 Million Mt
Feb 21, 2013According to the World Steel Association (worldsteel), in January this year the crude steel output of 62 countries surveyed across the globe reached 124.8 million mt, increasing by 0.8 percent on year-on-year basis. Total global crude steel ...
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Australian Dollar Rose After Stock Markets Gained Ground Overnight
Feb 20, 2013The Australian dollar rose after stock markets gained ground overnight, helped by the release of better than expected German economic sentiment data. At 6.30am AEDT the local unit was trading at 103.69 US cents, up from 103.29 cents at ...
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The Australian Steelmaker Bluescope Steel Posted a Net Loss in H1 of Fiscal Year 2012/13
Feb 20, 2013The Australian steelmaker Bluescope Steel posted a net loss of AUD12 million in the first half of fiscal year 2012/13 ended on December 31st, in comparison of a net loss of AUD530 million in the same period of a year ago. In the first ...
Tags: steelmaker, Bluescope, Steel
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The Latest Freight Rate Indications as Issued by Banchero Costa
Feb 20, 2013The latest freight rate indications as issued by Banchero Costa are as follows: Products: - 15,000-20,000 mt from the Black Sea approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt approx. $16.5-17.5/mt FIO to Italy ...
Tags: Raw materials, Raw materials price, Freight Rate Indications
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Mount Gibson Announces Its Financial Results for The First Six Months Ended December 31
Feb 20, 2013Australia-based iron ore miner Mount Gibson Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13. In the given period, the company's net profit declined by 71.4 percent year on ...
Tags: iron ore prices, iron ore, iron ore miner
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Arrium Limited Has Issued Its Financial Results for The First Half Ended December 31
Feb 20, 2013Australia-based mining and materials company Arrium Limited has issued its financial results for the first half ended December 31 of the financial year 2012-13. In the first half, Arrium posted a net loss of A$445.2 million, compared to a ...
Tags: mining, iron ore, iron ore sales
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It Has Been a Slow Path to Commercialize Smart Packaging
Feb 19, 2013"It has been a slow path to commercialize smart packaging. Despite strong needs such as the aging population, tougher legislation, huge waste, more demanding consumers and concerns about safety and crime; commercial success has been mixed. ...
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Amcor Announced Its Agreement with AGI-Shorewood to Acquire Select Printing Assets
Feb 19, 2013Profit after tax and before significant items was up 5.7% to $322m for the six months up to 31 December 2012. Amcor managing director and chief executive Ken MacKenzie said: “The first half result represented a record underlying ...
Tags: Tobacco Packaging, Specialty Folding Carton Operations
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Weak Demand and Lower Prices in Australia
Feb 19, 2013Weak demand and lower prices in Australia impacted significantly on ACCO Brands' international results in the fourth quarter, ended December 31. The Illinois-based global office products supplier said net international sales increased to ...
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Bluescope Steel Has Posted a Net Loss of AU$12 Million in The First Six Months
Feb 19, 2013Australian steelmaker BlueScope Steel has posted a net loss of AU$12 million in the first six months ended December 31 of the financial year 2012-13, down from a net loss of AU$530 million in the first half of the previous financial year ...
Tags: steelmaker, crude steel, steel
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Rising Price Movements Have Been Recorded in The LME Billet Market
Feb 19, 2013In the week ended February 15, rising price movements have been recorded in the London Metal Exchange (LME) billet market, after the generally stable trend observed in the previous week. The following prices were recorded in LME billet ...
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The Number of Dual Interface Is Expected to Make up 30% of All Smart Card Shipments
Feb 19, 2013Dual interface shipments to exceed the 1 billion mark in 2015. The number of dual interface and pure contactless smart cards is expected to make up 30% of all smart card shipments in 2018, rising from 16% of the 8.6 billion smart cards ...
Tags: Contactless smart cards, smart cards, contactless cards
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