Taipei,Oct.12,2012(CENS)--Acer Inc.,Taiwan-based international personal computer(PC)maker,recently announced the prices of its first Windows 8 Ultrabook,the Aspire S7,on its U.S.website,ranging US$1,200 to US$1,650 and similar to Apple`s ...
China's LED chipmakers have been slowing down capacity expansion in 2012 due to market oversupply,but some firms have announced plans to invest in upstream epitaxial crystal processing. Industry sources noted that some installed equipment ...
Tags: LED, epitaxial crystal processing, chip, market
An initial European monoethylene glycol contract price for December was settled at Eur1,048/mt ($1,354/mt) FD Northwest Europe Friday, industry sources said. The figure represents a fall of Eur22/mt on the November CP. The settlement ...
Tags: industry sources, slow demand, derivatives polyethylene terephthalate
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material
Asian benzene prices continued to edge up Wednesday to surpass the $1,450/mt psychological barrier on bullish buying sentiments, with morning pegs assessed at $1,462/mt FOB Korea, up $12.50/mt from Tuesday's close. Buyers were out in the ...
Tags: benzene prices, psychological barrier, bullish buying sentiments
Bailed out US insurer American International Group (AIG) is creating hassels to prevent attempts by US homeowners to refinance their government-backed mortgages. AIG is reluctant to automatically waive its right to pursue lenders for ...
Tags: American International Group, government-backed mortgages, underwriter
The world's steel giant ArcelorMittal has informed its customer to increase the prices for I sections and other categories to €650/ton ex-work in Europe for January production and deliveries. Recently, several European steelmakers ...
Tags: European steelmakers, production of steel long products
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...
Tags: L&T, health insurance, Swiss Re
Aviva is gearing up to dispose more than half its remaining shareholding in Delta Lloyd, the Dutch insurer, in an strategy of its restucturing plan. The UK insurance major said nearly 37 million shares will be disposed at €10.75 a ...
Tags: Aviva, insurance, shareholding, Dutch insurer
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel
The Taiwan government's National Development Fund (NDF) has approved the establishment of a NT$10 billion (US$345.7 million) lending program to offer loans for exports of green energy products. To encourage local banks to participate in the ...
Tags: Taiwan, green energy products
Taiwan-based solar cell makers expect China-based competitors to stop dumping their products in December when the off season begins, helping stabilize prices, according to industry sources. Solar cell prices have continued declining from ...
Tags: solar cell makers, price drops, December
The latest rumors regarding a possible merger between Taiwan-based solar cell makers Motech and Neo Solar Power (NSP) have been denied by both firms. In addition, rumors regarding Gintech meeting up with TSMC to discuss possible cooperation ...
Tags: Motech, Neo Solar Power, rumor
The average spot price of methanol in the US for November was $1.2701/gal FOB US Gulf, the highest spot average since September 2008 when it was $1.40/gal FOB US Gulf. This is an increase of 4.15 cents, or 3.37%, from October's average ...