France-based pipe manufacturer Vallourec has announced its financial results for the second quarter and the first half of 2013. According to Vallourec's report, in the second quarter this year the company registered a net profit of ...
Tags: Vallourec, Net Profit
NAPA, Calif. -- To say integrating natural gas trucks into your fleet involves a lengthy learning curve is an understatement. Just ask Mike DelBovo, president of Saddle Creek Transportation, which is currently designing its fourth ...
Tags: Transportation, Auto Parts
Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments. Mullen’s Q2 revenue was $310.3 ...
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China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...
Tags: Drilling Rig, monopoly producer
The development of a grassroots LNG industry in western Canada's British Columbia will be a key factor in companies finalizing plans to invest in new petrochemical ventures in neighboring Alberta, industry officials and producers said late ...
Tags: Canada, LNG Projects, Chemicals
Some predictions of surging global production of light, tight oil from unconventional source rocks may be overblown, with a of number of environmental and political question marks still hanging over the industry, delegates at a London oil ...
Luxembourg-based tubular producer Tenaris reportedly has predicted that the demand of pipes consumption was likely to remain sluggish in 2013. However, Tenaris expects to make product mix improvements to help offset the impact of lower ...
Tags: Tenaris, Tubes Market
Luxembourg-based energy pipe and tube manufacturer Tenaris has announced its financial results for the first quarter of 2013, registering a net profit of $423 million, down six percent compared to the corresponding quarter of 2012. In the ...
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Vancouver, Washington-based pipe manufacturer Northwest Pipe Company announced Friday that net sales for the year ended December 31, 2012 increased 2.5 percent to $524.5 million compared to $511.7 million in the prior year. Net income for ...
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Russian steelmaker Severstal has stated that it hopes to see increased steel demand in 2013 on the back of construction and infrastructure projects in Russia. Although the fragile economic environment will keep pressure on steel prices ...
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In his monthly report, Port of Houston Authority Executive Director Len Waterworth said that total tonnage at Port Authority facilities (excluding bulk cargo associated with leased locations) was down 11 percent from last year. "Steel ...
Tags: Steel imports, Steel, drilling activity
Net income in Q4 2012 shrank for global pipe and tube producer Tenaris but full year earnings improved. Q4 net income of $350.3 million was down 20 percent from $437.5 million in Q3 2012 and down 18 percent from $426.3 percent in Q4 2011. ...
US Steel reported Tuesday a Q4 net loss of $50 million, following a $44 million profit in Q3 2012. In Q4 2011, US Steel incurred a net loss of $211 million. For full-year 2012, US Steel reported a net loss of $124 million compared to a net ...
Tags: Steel Reports, Steel company, Steel industry
Global demand for pumps is forecast to rise 6.4 percent per year through 2016 to $76.1 billion. Although growth will be healthy across the globe (spurred by recovery from the recent economic downturn), the drivers of growth will vary by ...
Tags: pump, pump demand, economic downturn
Columbus, Ohio-based manufacturing and distribution company Worthington Industries, Inc. reported Thursday net sales of $622.6 million and net earnings of $31.8 million for its fiscal 2013 Q2 ended November 30, 2012. In Q2 2012 of the prior ...
Tags: Columbus, Worthington Industries, fiscal 2013, Q2