Coal of Africa Limited's run-of-mine production fell 23% to 3.78 million mt of (ROM) mt in its 2012/13 year, with activity hit by a blocked rail line, flooding at a colliery, and strike action. CoAL also said Friday it processed 3.37 ...
Tags: Coal, Metallurgy, Mineral, Energy
US-based coal producer Alpha Natural Resources has announced that its subsidiary Cumberland Coal Resources has resumed operations at its Cumberland underground longwall mine in Greene County, Pennsylvania and lifted the force majeure ...
Tags: Cumberland Mine, Mineral
US monoethylene glycol contracts are set to move higher in September, with multiple producers planning to increase prices, sources said Thursday. MEGlobal is raising its North American Benchmark price to 60 cents/lb ($1,323/mt), a 3 ...
Tags: monoethylene glycol
The large majority of people working in IT procurement are "significantly dissatisfied" with the way SaaS (software as a service) vendors define contract language related to security, a feeling likely to persist through 2015, according to a ...
Tags: Security Specifics
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the second quarter and the first half of the current year, reporting a net profit of ZAR 135 million ($13.45 million) in the second ...
Formosa Plastics USA has lifted force majeure declarations on its output of high molecular weight film polyethylene and polypropylene, company spokesman Steve Rice said Monday. The company issued the force majeure declaration on all of ...
Tags: Polypropylene, PE
ExxonMobil Chemical and Total Petrochemicals are joining other polypropylene producers seeking 2-cent/lb ($44/mt) increases effective August 1, sources said Wednesday. "Everyone is going for two (cents/lb) on the (margin) expansion," a ...
Tags: Exxonmobil, PP
Phillips 66 will reduce delivery of polypropylene grades because of issues with feedstock supply, further squeezing an already tight market, sources said Tuesday. The company announced the measure late Monday in a letter to customers ...
US polypropylene contracts for June were settling this week at a 3-cent/lb ($66/mt) increase, following a similar hike on feedstock propylene, sources said Friday. The 4% increase pushed homopolymer injection grade polypropylene to 74-75 ...
Tags: Polypropylene, Chemicals
Ineos Olefins and Polymers seeks to increase its polypropylene prices in the US by 2 cents/pound ($44/metric ton) for July, joining other producers seeking to expand margins for the second time this year, market sources said Monday. The ...
Tags: Polypropylene, Chemicals
Saharan Blend's increased role as a blending crude for the slew of sourgrades headed to Europe has helped the naphtha-rich grade shrug offchronically low naphtha cracks, market sources said Friday. In turn, the Algerian crude has halted ...
Tags: Metallurgy, Mineral, Energy
The Platts July Japan Korea Marker was assessed at $14.675/MMBtu Friday, gaining $0.125 from the previous Friday's $14.55/MMBtu, as buyers waded back out into the market for summer cargoes. Despite expectations that the lifting of the ...
Sustained weak demand from North Asian LNG end-users, reflected in the slump in spot prices, has shown little sign of recovering despite the start of the traditionally stronger summer season. Coming out of the April-May shoulder months, ...
Tags: Chemicals
Polish chemical producer Synthos has begun an emergency shutdown of all units at its petrochemical complex in Kralupy, Czech Republic due to extreme flooding by the Vltava river, a company source said Monday. "We are closing production of ...
Tags: Petrochemical, Vltava Floods
Brazil-based mining giant Vale has reduced its coal export forecast from Mozambique by 30 percent, due to heavy rainfall affecting mining activities in Tete Province in February, according to African Press Agency. Accordingly, the company ...
Tags: Vale, Coal, Mozambique Mine