South Korea's state-owned Korea Gas Corp said Friday it had sold 5% of its stake in LNG Canada to Shell as part of efforts to reduce its debts. "Kogas' subsidiary Kogas Canada LNG Ltd. has transferred 5% of its stake in LNG Canada to ...
Tags: Gas, LNG Canada
The BFM, in association with Euler Hermes, the world's leading provider of trade-related credit insurance solutions, launched a new simple credit insurance policy, to its members today.? It is designed to not only insure payments from UK ...
Tags: Furniture, Furnishing
China's Huludao Zinc produced 274,000 mt of nonferrous metals in 2013, down a marginal 1.4% from 278,000 mt produced in 2012, the company said Friday. Its chemical products output was 456,000 mt in 2013, up 0.7% year on year. The ...
Tags: Nonferrous, Zinc, Metal
Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
Speaking at SteelHome's 10th Steel Development Strategy Conference held in Shanghai over the weekend, Wu Wenzheng from SteelHome indicated that the overcapacity problem in China cannot be resolved in the short term, adding that many steel ...
Deyu Agriculture Corp. (the "Company"), a Shanxi Province, China-based vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains, today announced its financial ...
Tags: Deyu Agriculture, agricultural products, corn, grains
Iron ore prices of just under $120/mt are likely to stay flat in the medium term, with some softening expected in the short term, a Sanlam Securities' mining analyst said Wednesday. "There's going to be volatility in the iron ore price as ...
Tags: Iron Ore, Medium Term
The coal industry in North China's Shanxi province faces mounting pressure to get financing amid slumping coal prices and increasing debts, as experts call for greater freedom for non-governmental financial institutions. "The performance ...
Tags: Coal Industry, coal prices, non-governmental financial institutions
South Africa-based miner Coal of Africa has announced that in the first six months ended on December 31 it registered a net loss of $46.3 million, down from a net loss of $111.7 million in the corresponding period of the previous year. In ...
Tags: Coal, Mineral, miner Coal
UK-based renowned fashion and retail industry consultant Mary Portas’ lingerie line Kinky Knickers is expected to go back into production as the manufacturing firm producing the line Headen & Quarmby has been bought out of ...
Tags: retail industry, fashion industry
Monday, Jan 13, 2014 Hess Corporation (NYSE:HES) today completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its pre-emption rights, for a total after tax consideration ...
Tags: Oil News, Gas News, Pangkah Asset, Pangkah Asset in Indonesia
At the end of 2013, a new list of bankrupt Chinese LED lighting manufacturers was published. Industry sources estimate more than 10,000 people have been impacted by the bankruptcy wave. Frustrated workers and angry investors have hunt down ...
Tags: LED Manufacturers, LED Lighting
Given the rise in double digit inflation, soaring raw material prices and fuel cost, Secunderabad-based yarns producer Suryalata Spinning Mills Limited continued to find trading conditions difficult in the first six months of current ...
Philippines-based corrugated packaging materials manufacturer Steniel Manufacturing has divested its subsidiary, the Steniel Mindanao Packaging. The company sold 9.25 million common shares in the division to Greenkraft, Corbox, ...
Tags: packaging materials, packaging
Trading in Valmet Corporation's shares on the official list of NASDAQ OMX Helsinki Ltd begins, January 2, 2014, at 10:00 a.m. Finnish time. The trading code of the shares is VALMT. On October 1, 2013, the Extraordinary General Meeting of ...
Tags: Helsinki Stock Exchange, Metso, Valmet Corp