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A US Commodity Trading House Has Filed a Class-action Lawsuit in New York Against BP,Shell

May 28, 2013

A US commodity trading house has filed a class-action lawsuit in New York against BP, Shell and Statoil, the three European oil companies being investigated by the European Commission for suspected manipulation of oil prices. The oil ...

Tags: Chemicals, Metallurgy, Mineral, Energy

A Long-standing Dispute Over The Problems Surrounding Kenya's Sole Refinery Is Escalating

May 28, 2013

A long-standing dispute over the problems surrounding Kenya's sole refinery in Mombasa is escalating, triggering fears the country could lose clout as an investment magnet for neighboring countries. A financial crisis at the aging plant ...

Tags: Chemicals, Metallurgy, Mineral, Energy

KM Packaging Services Ltd. Launched a Stunning New Premium Packaging Film

May 28, 2013

Food packaging specialist KM Packaging Services Ltd. has launched a stunning new premium packaging film with a unique "feel" and texture, targeted squarely at the luxury confectionery and high-end boxed goods markets across the world. KM ...

Tags: Food packaging, Film

US Natural Gas Vehicle Market Needs Federal and State Tax Incentives

May 28, 2013

The US natural gas vehicle market needs federal and state tax incentives if it is to grow appreciably in the next 10 years, an analyst with Barclays said Friday. "If the state is willing to give you $20,000 for an NGV, the economics would ...

Tags: Chemicals

Research and Markets Added The Packaging for an Aging Population Report to Its Offerings

May 28, 2013

Research and Markets has added the Packaging for an Aging Population report to its offerings. This report assesses the implications of our aging society on packaging design and demonstrates ways in which manufacturers can address these ...

Tags: Packaging, Aging Population

Daimler Has Shared Intelligence on Its Fuel-Efficient Petrol Engines with Ford

May 28, 2013

Mercedes-Benz parent company Daimler has shared intelligence on its fuel-efficient petrol engines with Ford in exchange for intimate information on the blue oval’s highly awarded three-cylinder EcoBoost powerplant. Automotive News ...

Tags: Ford, Three-Cylinder Ecoboost Engine

Mercedes-Benz Will Introduce New QR Code Stickers on Its Vehicles to Speed up Crash Rescue

May 28, 2013

Mercedes-Benz will introduce new Quick Response (QR) code stickers on its vehicles from this year, in a bid to speed up the rescue of car crash victims. To be fitted to each vehicle’s fuel tank flap and opposite side B-pillar, the ...

Tags: Mercedes-Benz, QR Codes

The Boss of Tesla Has Revealed Plans for an Affordable Compact EV to Beat Nissan Leaf

May 28, 2013

The boss of Tesla has revealed plans for an affordable compact electric vehicle that is set to go on sale early in the second half of the decade. Fresh from the announcement that the company had paid back its US government loan in full, ...

Tags: Tesla Planning, Nissan

A Video Showing The Toyota FT-HT Yuejia Concept Has Been Released

May 28, 2013

A video showing the Toyota FT-HT Yuejia concept has been released, highlighting the MPV’s flexibility and giving us our first look at its interior. Releasedmore than a month after the Toyota FT-HT Yuejia concept car debuted at the ...

Tags: Reveals Interior, Toyota

TSML Has Recorded The Highest-Ever Production Rate of an Iron Making Plant in Pakistan

May 28, 2013

Pakistan-based Tuwairqi Steel Mills Limited (TSML) has recorded the highest-ever production rate of an iron making plant in Pakistan during the plant demonstration test conducted under the expert supervision of the US-based plantmaker ...

Tags: raw mat, Pakistan, Middle East, production, steelmaking, Istanbul

Late Wednesday Plans to Expedite The Approval of The Keystone XL Pipeline

May 28, 2013

Late Wednesday, the US House of Representatives passed legislation to expedite the approval of the Keystone XL pipeline by a vote of 241-175. The House vote came despite insufficient support in the Senate, in addition to a threatened veto ...

Tags: pipe, tubular, USA, North America, opinion, steelmaking, San Diego

Turkey's Coking Coal Imports Totaled 6.3 Million Metric Tons

May 28, 2013

According to the data provided by the Turkish Statistical Institute (TUIK), in the first quarter of the current year, Turkey's coking coal imports totaled 6.3 million metric tons, decreasing 4.1 percent compared to the same period of 2012. ...

Tags: coking coal, raw mat, Turkey, Europe, imp/exp statistics, steelmaking

Taiwan's Industrial Production Index in April This Year Fell by 0.9 Percent

May 28, 2013

Taiwan's industrial production index in April this year fell by 0.9 percent as compared to April 2012 after falling by a revised three percent year on year in March, and was down 1.4 percent month on month, according to the country's ...

Tags: Taiwan, production, automotive, construction, steelmaking

Stemcor Will Meet Banks Next Week to Outline Proposals to Repay Its Lenders

May 28, 2013

London-based Stemcor, the world's largest independent steel trader, will meet banks next week to outline proposals to repay its lenders, Reuters has reported. The steel trader requested a standstill agreement after failing to refinance its ...

Tags: UK, economics, trading, European Union, Istanbul|

Shagang Group Will Have Shipped a Further 70,000 Mt of X80M Grade Line Pipes to Russia

May 28, 2013

Jiangsu Province-based Shagang Group has announced that by May 24 it will have shipped a further 70,000 mt of X80M grade line pipes to Russia, completing deliveries of a total of 250,000 mt for the contract in question. On May 10, a ...

Tags: China, Southeast Asia, production, steelmaking, Shanghai

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