JGC Corporation announced that its wholly-owned Saudi Arabian subsidiary, JGC Gulf International Co. Ltd. has been awarded a contract for expansion of ethylene manufacturing facilities for the Rabigh phase II project. The contract was ...
Tags: ethylene, ethylene manufacturing facilities, petrochemicals
Pulp and paper manufacturer in Finland Stora Enso has tapped its two five-year bonds due in June 2017 both of which are issued under the company’s Euro Medium Term Note (EMTN) program. The SEK1.35bn ($206m) bond that pays a floating ...
Tags: coupon bond, tap, floating coupon
Plexus Cotton Limited reported that New York (NY) futures have trended lower this week, as December fell by 369 points to close at 71.53 cents. With harvest in the Northern Hemisphere gaining momentum, the market finally came under some ...
Tags: cotton futures, cotton, cotton market, cotton industry
IRL has announced the publication of a new and fully updated edition of its popular"Profile of the Central American and Caribbean Paints Industry." This report covers the markets for paints and coatings in eight Central American ...
Tags: IRL, paints industry, report, regional paint industry
German luxury carmaker Daimler has reported revenue of EUR27bn for the first quarter of 2012, up 9% compared with revenue of EUR24.7bn in the same quarter previous year. The company posted net profit of EUR1.4bn in the quarter, an ...
Tags: Daimler, EUR27bn, revenue grew
IMS Research (Recently acquired by IHS) has released its global lighting report “The World Market for Lamps & Luminaires in General Lighting”. The report offers the most detailed view of the global lamp market by technology, ...
Tags: LED Lamp
Proactive Investors reported that Anglesey Mining described the half year, to end of September, as 1 of mixed fortunes. The group's 19.7% owned iron mining associate Labrador Iron Mines improved its operations substantially with a big ...
Tags: Anglesey Mining, metal price, LIM, zinc
Canada’s property and casualty insurance provider Intact Financial (IFC) has purchased specialty and niche insurance provider JEVCO Insurance, a wholly owned subsidiary of The Westaim Corporation, in a $530m deal. The deal and ...
Tags: IFC, property and casualty insurance, insurance, niche insurance
Renault,South Korean electronics group LG CHEM and French Alternative Energies and Atomic Energy Commission(CEA)are preparing to sign a three-way agreement in September 2012 to produce electric vehicle(EV)batteries. Renault currently uses ...
A good IT capacity management policy has "avoided 20 major incidents" at BSkyB in recent months, according to the company's head of capacity, Alan Collier. Further reading Storage capacity slowdown can be buffered by virtualisation, ...
Tags: BSkyB, Wolfestone, HDS, Meraki
Scandinavian retailer ICA has booked mixed third-quarter numbers, with a surge in operating income offset by a tax settlement that resulted in a net loss for the period. The company said third-quarter operating income increased 13.1% to ...
Tags: retailer, net loss, third-quarter, report
The Austrian refractories company plans to expand in Russia. In Europe, the first factories will be shut down in two years. In the long term, the main production will not take place in Europe anymore, RHI´s CEO Franz Struzl explains. ...
Tags: market view, RHI
Glasstec 2012 sent out clear signals in an ambivalent economic climate. This was the general tone expressed by the large majority of the about 43,000 trade visitors. Far more than half these specialists assess the future economic climate in ...
Tags: construction, glass
Otsuka Medical Devices and Pioneer have joined forces to develop a minimally invasive medical endoscope to reduce patients' physical burden from surgery. For the development of a camera unit of medical endoscope, Pioneer will use its ...
Tags: minimally invasive medical endoscope, medical endoscope, camera unit
Even today some 3 to 4% of the glass produced worldwide is used in the solar industry. With average annual growth rates of 20% to 25% this proportion is set to rise consistently. Despite price dumping and excess capacities the prospects for ...
Tags: industry trends, Solar Glass