French cement maker Lafarge has confirmed its goal to cut debt below €10bn ($13bn) this year, and said it would aim to cut it further below €9bn ($11.95bn) in 2014 as it seeks to regain its investment grade, Reuters has reported. ...
Tags: cement maker, Lafarge
The Government of India would soon unveil a modified Technology Upgradation Fund Scheme (TUFS) with a provision to increase the interest subsidy on power looms from the present 5 percent to 6 percent, Textiles Minister K Sambasiva Rao has ...
Tags: Textile Industry
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
The Cotton Textiles Export Promotion Council (TEXPROCIL) will be releasing a Benchmarking Study of Production Costs in India vis-à-vis Bangladesh, China, Egypt, Indonesia, Pakistan and Turkey at a function to be held at Hotel Le ...
Tags: Multi-Country Production, Textile
Wilo Middle East organized a seminar titled ?Save Water. Pave Future?. The seminar, conducted by Mr. Thomas Lang ?Director Group Competence Team? in Wilo SE, Hof, Germany transpired at The Address Dubai Marina. "The all-round development ...
Tags: Processing Machinery, pump
This Special Issue of Desalination brings together 15 papers on radioactive decontamination of water, including individual studies as well as comprehensive reviews of the latest technology developments in this field. This Special Issue on ...
Tags: Processing Machinery, water
Egypt's EZZ Steel exported big percentage of rebar before 2007, but adjusted the long product sales to mainly on domestic market contributed to local strong demand. In 2012, export accounted only 3% of its long products but now they would ...
Tags: Steel, Construction
OPEC's share of the global oil market is set to diminish further next year as surging supplies of oil from the US and other non-OPEC producers outpaces an expected acceleration in world oil demand growth, the International Energy Agency ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Oil
The premium of second-month cash Brent to front-month cash Dubai widened to $4.08/barrel Tuesday, the first time the spread has breached $4/b since early-March as a combination of a rising Brent complex and lower fuel oil cracks have ...
The JAC N series high end light duty truck was launched in Singapore in late April. Grand ceremony was held, with the province head of Anhui present, together with Chinese ambassador to Singapore as well as many other high officials of ...
Tags: Transportation, Light Duty Truck, Truck
ITM Texpo Eurasia 2013 took place in Istanbul, Turkey, at the Tüyap Fair, Convention and Congress Center from May 29 to June 1, 2013. According to the organizers, the exhibition center was occupied by some 100 exhibitors and more than ...
Tags: Textile
AUSTRALIAN shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies. The strong gains continue the volatility on the market, with shares ...
Tags: Market Rises, economy, stock
US oil prices rose above $US100 a barrel for the first time in more than a year, following political unrest in Egypt and a sharp fall in domestic stockpiles. Light, sweet crude for August delivery rose $US1.64, or 1.7 per cent, to ...
Tags: oil futures, oil, mineral
Northwest European fuel oil cracks have slumped to four-month lows after Brent crude prices rallied on political turmoil in Egypt. The high sulfur fuel oil barge crack -- the discount of FOB Rotterdam 3.5% sulfur fuel oil barges to Dated ...
Physical gasoil cracks across barge and cargo markets in the Mediterranean and Northwest European regions have pared recent gains, as strength in the dated Brent benchmark on risk premiums -- related to Libyan protests and Egyptian turmoil ...
Tags: Physical gasoil, cargo markets