European naphtha prices have come under pressure from run cuts in the polyolefin chain as well as falling crude prices, with ICE Brent futures sinking to an eight-month low Friday, sources said. CIF NWE naphtha was assessed at $846.50/mt ...
Tags: polyethylene market, polyethylene
Mono Ethylene Glycol (MEG) is a commodity product and used as feedstock in polyester industries and PET bottle industry. As such, the market for MEG generally moves in line with the polyester industry, especially in China where the need ...
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
Ube Industries, Ltd. announced that it will cease production of caprolactam (CPL) at the Sakai Factory in Japan. The decision was made today at a meeting of the Board of Directors and will result in the company recording an extraordinary ...
Tags: Ube Industries, caprolactam, Sakai Factory
SRF Limited reported Q3 results fiscal year 2013 -Q3 revenue at Rs. 889 crore, a fall of 6% year-on-year -Q3 PAT, a reduction of Rs. 21 crore year-on-year -Exchange Currency Fluctuation loss of Rs. 20 crore during Q3 -Board approved ...
Irrespective of the continued global economic slowdown, the luxury market in India is pegged to grow at 25% in 2013 till 2015 and likely to touch US$ 15 billion from the current level of US$ 8 billion, reveals the ASSOCHAM-Yes Bank study. ...
Tags: Luxury Market, India, 2015
The relentless rise in raw materials costs, which has been hitting European coatings producers over the last 2-3 years, has at last been easing. But the relief from the constant pressure of rising input prices may be short lived. The ...
Tags: raw materials costs, European coatings producers, input prices
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in 2012 the European Union (EU) automotive sales declined by 8.2 percent year on year, ...
Tags: Automotive, EURFOER, car exports
OPEC Secretary General Abdalla el-Badri said Monday that world oil markets were well balanced and likely to remain well supplied through the current year to meet expected growth in demand, but that the oil producer group did not envisage a ...
Tags: OPEC, world oil markets, oil prices
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
The Chinese paint, coatings and ink markets continue to enjoy strong growth, and global suppliers are working hard to reach this ever-expanding market. It comes as no surprise that CHINACOAT (The China International Exhibition for Coatings, ...
Chocolate maker Lindt & Sprüngli has reported a 7% rise in net sales for 2012 and estimated that profit margins widened during the year. For the 12 months to the end of December, Lindt reported sales of CHF2.67bn (US$2.8bn), ...
Tags: Chocolate maker, Lindt, profit
Taiyuan Iron and Steel Group Co Ltd,the world's largest stainless steel producer by output,plans to increase its product exports by about 52%to 500,000 metric tonnes next year. Experiencing a weak market at home and overseas,it will ...
Business Standard reported that after deciding to claim damages from the Haldia Bulk Terminals, the Kolkata Port Trust is now planning to impose royalty on cargo service providers at the Haldia Dock Complex. A senior official said that ...
Tags: cargo handlers, tariffs, HBT operated berths, handling agents