The European MTBE factor reached its highest level in eleven months Tuesday supported by ongoing demand for exports, according to market sources. The factor was calculated at 1.204, with MTBE FOB ARA at $1,147/mt versus Ebob gasoline at ...
Tags: MTBE Exports, Chemicals
Japanese carmaker Mazda Motor, along with Sumitomo, has inaugurated a joint venture production plant, Mazda de Mexico Vehicle Operation (MMVO), in Mexico. MMVO is a joint venture established by Mazda and Sumitomo to improve operations of ...
Tags: Mazda, Production Plant
In 2013, despite the complex and competitive market environment, the major business of FAW Wuxi Diesel Engine Factory experienced steady growth with its diesel engines sales up by 9%, the main business income increased by over 15% year on ...
Tags: Auto Parts, Transportation
PRC, Bearish news continues to dominate the newswires in China. Many pork producers continue to be constrained by negative margins as the industry grapples with oversupply. Meanwhile, the poultry industry remains rocked by the H79N virus ...
Tags: Agriculture, Food
Adidas announced plans to open a new global retail concept, HomeCourt, premiering in the brand's largest store, the Adidas Brand Centre in Beijing/China. HomeCourt will be implemented in 25 stores globally over the course of 2014. ...
Tags: global retail concept, three distinctive sales channels
The price of glass is expected to surge this year amid growing demand, an industry leader said. Abdulaziz Bin Yagub Al Serkal, General Manager of Dubai Investments ( DI ) PJSC, anticipated an increase in the cost of glass in the midst of ...
Tags: Strong Demand, Glass
The Klockner Pentaplast Group has launched a new pharmaceutical laminated barrier film production line at its site in Villa Del Totoral, Argentina. The laminating line, which involved an investment of $3.3m, is set to expand the company's ...
Tags: Pharmaceutical Barrier, Packaging, Klockner
SDSU professor leads the National Institutes of Health's largest and most comprehensive study ever conducted on Hispanic and Latino health The National Heart, Lung, and Blood Institute, part of the National Institutes of Health, released ...
Soybeans were higher on commercial and technical buying. USDA’s outlook forum projects soybean planting at 79.5 million acres, less than what many private firms were expecting, so it looks like beans are trying to buy some acreage. ...
Now that Mexican President Enrique Pera Nieto has signed the Pacific Alliance between Mexico, Peru, Chile, Colombia and Costa Rica, Mexican steel companies await notice that Mexico is excluded from the application of trade safeguards ...
Tags: Steel Exporters, Mineral
Soybeans were lower on fund and technical selling. The near term supply remains tight and demand continues to look strong, keeping the fundamentals pretty much bullish. Past that – there's acreage position squaring against corn and ...
DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2013. Consolidated net sales totaled 3,016.6 billion yen (US$28.8 billion), a 17.4 percent increase from the previous year. ...
Tags: DENSO Corporation, Auto Parts
DES MOINES, Iowa (Agriculture.com)--With little movement, the CME Group corn and soybeans ended higher Monday. At the close, the March corn futures contract closed 2 1/4 cents higher at $4.31. The March soybean futures contract finished ...
Tags: Corn, Soybeans, Agriculture
Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has received approval from the Singapore Exchange to proceed with its proposed takeover of Del Monte Foods' (DMF) Consumer Products business in a $1.67bn deal. In October ...
Tags: Agriculture, food, beverage
Soybeans were higher on commercial and technical buying. The near term supply remains tight and demand continues to look good, but China's celebrating their New Year, which could take them out of the market for a while. However, while there ...