In 2014, the global CNC machine tool output value approximated USD48.1 billion, with the CNC level standing at about 60%. Particularly, the developed countries such as Japan, the United States, Germany, and South Korea enjoyed relatively ...
Tags: CNC machine, machine tool
Shell Chemical is exploring a project to expand its olefins plant in Deer Park, Texas, and increase its ethylene production, the company said Wednesday. "Shell is evaluating a proposed expansion of ethylene production at the existing ...
France's oil giant Total and international trading firms Trafigura and Vitol were among 21 companies handed crude oil term lifting contracts for 2016 by state oil firm Nigerian National Petroleum Corp, NNPC said Thursday. "NNPC issued ...
Tags: Crude Oil, oil trading
Chinese LED display industry began to develop in the 1990's with the fast speed. Till now, LED displays have been used in various fields. Let's talk about the status and trend China LED display industry. Status After two decades ...
Tags: LED display, LED display industry, Chipshow
Spurred by major and emerging markets, global photovoltaic (PV) demand has grown substantially this year. According to the latest Gold Member Report by EnergyTrend, a division of TrendForce, installed capacity worldwide for 2015 is ...
Tags: PV power, PV industry
Bosch Packaging Technology is enhancing its ability to fill and process pre-sterilized syringes to ensure a seamless, fully integrated and efficient packaging process. In order to achieve line competence, the process and packaging ...
Tags: Bosch Packaging, syringes, labelling machine
In the first three quarters of 2015, China’s outward investment and cooperation witnessed a rapid development. Nonfinancial direct investment overseas reached US$ 87.3 billion, up 16.5% year on year; the newly signed foreign contract ...
Tags: outward investment, foreign contract projects, One Belt and One Road
Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...
Tags: Seaborne iron ore, steel, ore
Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
Thailand's state-owned buyer PTT has deferred the delivery of a tendered LNG cargo until early December because of low downstream consumption, an informed source said Tuesday. PTT bought two cargoes above $6.50/MMBtu from two separate ...
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Injection molding and extrusion equipment provider Milacron has agreed to acquire US-based CanGen Holdings. CanGen supplies highly engineered aftermarket process control components for extrusion and injection molding applications. With ...
Tags: Milacron, Cangen, metal components products
Asian propylene term contract discussions for 2016 are likely to conclude at larger discounts than this year due to an increase in supply in the region, market sources said this week. A source at a producer in South Korea estimated the ...
Tags: propylene, spot market
Plasma process equipment maker Plasma-Therm LLC of St Petersburg, FL, USA has acquired a High Density Radical Flux plasma technology that enables low-temperature Bosch polymer removal. High Density Radical Flux (HDRF) was developed by ...
Tags: Plasma-Therm, plasma technology, HDRF
Northwest European styrene monomer spot offtake remains lackluster this week on the back of supply length, with buyers predicting lower prices in the coming weeks and industry consumers keen to reduce stock levels for the end of the year, ...
Tags: styrene, Offtake Lackluster, styrenics products, Discounts