The spread in Asia between paraxylene and feedstock isomer-grade mixed xylene hit a three-year low of $160/mt Wednesday, amid an open arbitrage into Asia for PX but tight regional supplies for isomer-MX. On Wednesday, Platts assessed the ...
Tags: Paraxylene, Chemicals
On November 11, the China Iron and Steel Association (CISA) announced that in October this year China's Ministry of Commerce issued iron ore import licenses for a total of 85.746 million mt, valued at $10.911 billion. Meanwhile, in the ...
On October 31, the China Iron and Steel Association (CISA) announced that in September this year China's Ministry of Commerce issued iron ore import licenses for a total of 113.20 million mt, valued at $14.228 billion. Meanwhile, in the ...
Tags: Iron Steel, Iron Ore
South Korea-based insurance conglomerate Hanwha Life has forayed into Indonesian insurance market with a strategy to gain 1.5% share of the country’s insurance market. The expansion follows the acquisition of 80% stake of PT ...
Tags: insurance, Hanwha Life, Insurance Market
About 500 textile mills in Indonesia need revitalization in order to enhance their competitiveness in the domestic and export markets, Industry Minister MS Hidayat said on the sidelines of a national coordination meeting of Indonesian ...
Tags: Textile Mills, Revitalization
For case goods vendors looking to regain market share, it's as important as ever to provide a story for the retail floor. Legends Furniture's Plateau collection includes this wall bed and a patent-pending Co-Z-Dresser, which features ...
Tags: Furniture, Furnishing, bed, floor
The exports of textiles and apparel from Indonesia is targeted to reach US$ 13 billion this year, Indonesian Textile Association (API) chairman Ade Sudrajat said while speaking to reporters recently at the Jakarta International (JI) Expo. ...
Tags: Textile Exports
TAL Dai-ichi Life Australia, a unit directly owned by the Dai-ichi Life Insurance Company, and its subsidiaries, has agreed to purchase 100% ownership of NFS Group (National Financial Solutions and its subsidiaries), for an undisclosed sum. ...
Tags: NFS Group, Life Insurance
ACIMIT, the Association of Italian Textile Machinery Manufacturers, and ICE-Trade Promotion Agency have organized two symposiums in Indonesia, specifically in Solo (11 November) and Bandung (13 November), at which some of Italy’s ...
Tags: Textile Machines
The photo-op session at the recent Asia-Pacific Economic Cooperation (AEPC) meeting in Nusa Dua saw politicos wearing shirts made of indigenous Indonesian fabric Endek, handed out by the Indonesian President Susilo Bambang Yudhoyono. ...
Tags: Fabric Endek, cotton
India’s Minister of Commerce and Industry Anand Sharma raised the issue of restrictive regime on imports of textiles, during a meeting with Indonesian Trade Minister Gita Wirjawan. Mr. Sharma was accompanying Prime Minister Manmohan ...
Tags: Concern, Textile Import Policy
Daimler’s commercial vehicle subsidiary Mitsubishi Fuso Truck and Bus (MFTBC) has reported the sale of one million commercial vehicles in Indonesia. Launched in 1970 in the Indonesian market, the company has been exporting ...
Tags: Commercial Vehicles
British researchers David and Sue Richardson will lead a cruise tour for Asian textile enthusiasts with a love of adventure and Indonesian ikat around the Lesser Sunda Islands in Eastern Indonesia. The tour will begin from May 8 and end ...
Tags: Ikat Textiles, Textile
Mondelēz International, a US-based food and beverage firm, has unveiled its Cocoa Life sustainability program in Indonesia. The company has teamed up with the Indonesian Coffee and Cocoa Research Institute (ICCRI) and suppliers ...
Indonesian joint venture partners Sinar Mas Group and CT Corp are planning to divest their share in insurance company Mega Life to a foreign partner. Established in 2003 as an insurance joint venture (JV) between Sinar Mas and CT Corp, ...