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The Stainless Steel Prices Have Dipped to 4-Year Low at End of June
Jul 26, 2013Reportedly, the stainless steel prices have dipped to 4-year low at end of June, caused by falling nickel prices. It’s learned that Taigang Stainless, the largest stainless producer in China has cut its ex-work prices of 304 ...
Tags: Stainless Steel, Mineral
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Outokumpu Announces That Its Stainless Steel Shipments Fall by 8.8% Year on Year
Jul 26, 2013Finland-based stainless producer Outokumpu announced that its stainless steel shipments totaled 656,000 tons in the second quarter of this year, falling by 8.8% year on year. In the first half of this year, the group’s stainless ...
Tags: stainless Steel, Outokumpu
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Baosteel Stainless Announces to Remain Its Domestic Prices
Jul 26, 2013It’s reported that China’s major stainless producers Baosteel Stainless announced to remain its domestic prices for austenitic stainless steel coils unchanged for August due to more positive market outlook. After ...
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Picanol Group Signs a Binding Agreement for The Sale in Tessenderlo Chemie
Jul 26, 2013SNPE SA and Picanol Group have signed on 25 July 2013 a binding agreement for the sale by SNPE SA to the Picanol Group of a stake held by SNPE SA in Tessenderlo Chemie NV, representing 27.6% of the share capital of Tessenderlo Chemie NV for ...
Tags: Tessenderlo Chemie, Textile
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Sail Plans to Raise Its Annual Production Capacity of 50 Million Tons in 2022
Jul 26, 2013Reportedly, Indian State-owned Steel Authority of India Ltd (Sail) planned to raise its annual production capacity of 50 million tons in 2022. Currently, the company’s annual production capacity is about 14 million tons and it ...
Tags: Sail, Increase Production
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China's Benzene Imports Plunged to a 10-Month Low of 15,112 Mt in June
Jul 26, 2013China's benzene imports plunged to a 10-month low of 15,112 mt in June, down 80.7% from May due to cheaper domestic cargoes amid high inventories, data released Tuesday by the General Administration of Customs showed. In June, the average ...
Tags: benzene imports, China Petroleum
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Elastane Yarns Give Garments Stretch and a Perfect Fit to Karl Mayer
Jul 26, 2013Elastane yarns give garments stretch and a perfect fit, but they do present a number of production challenges. During warp preparation in particular, the special physical characteristics of the high-stretch synthetic yarns have to be ...
Tags: Karl Mayer, Warping Range, DSE-EC Machine
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Natural Rubber Surpluses and Poor Demand Will Weigh on Spot Prices for The Commodity
Jul 26, 2013Natural rubber surpluses and poor demand, especially from China, will weigh on spot prices for the commodity, Germany's Commerzbank said in a report issued Tuesday. "Several years of supply surpluses on the global rubber market have ...
Tags: Natural rubber, Chemicals
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Sasol and Ineos Will Team up to Produce High Density Polyethylene in The US
Jul 26, 2013South African-based Sasol and Switzerland-based Ineos will team up to produce high density polyethylene in the US, the companies said Wednesday, announcing plans for a joint venture which would include a 426,000 mt/year HDPE plant. "This ...
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China CNPC Has Signed a Cooperation Agreement with US-based Hess
Jul 26, 2013State-owned China National Petroleum Corp said Wednesday it has signed a cooperation agreement with US-based Hess for a block in China's western Xinjiang province. CNPC said the contract for the Malang block in the Santanghu Basin was ...
Tags: Santanghu Block, Chemicals
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
Jul 26, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 22 fell and 56 remained unchanged on 24/07/2013.The largest rises were SBR (1.15%),Ethylene glycol (1.13%),Dried cocoons (1.03%),while ...
Tags: Spot Commodities, Price Chart
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Women's Choice Award Goes to Stainmaster Carpet
Jul 26, 2013INVISTA Surfaces is proud to announce that its STAINMASTER carpet has been awarded the 2013 Women’s Choice Award for ‘Best for Home’ by WomenCertified, Inc., the home of the Women’s Choice Award and the voice of the ...
Tags: Stainmaster, Textile
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INEOS & Sasol Sign Jv Are Planning to Set up Polyethylene Plant
Jul 26, 2013INEOS Olefins and Polymers USA (INEOS) and Sasol announced the signing of a Memorandum of Understanding (MOU) with the intent to form a joint venture to manufacture high-density polyethylene (HDPE). “This joint venture demonstrates ...
Tags: Polyethylene Plant, INEOS
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Munich Fabric Start Confirmed Not Only by a Continuing and Extraordinary 65% Increase
Jul 26, 2013Initial indications have been confirmed. As the 2014/15 Autumn/Winter season opens as part of VIEW Premium Selection optimism and a fresh breeze can now once again be felt in the sector. For two days Munich yet again served as the ...
Tags: Munich Fabric, Textile
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Brazilian State Has Signed a Decree Providing for The Reduction of VAT on Textiles
Jul 26, 2013Governor of Brazilian state of Rio Grande do Sul, Tarso Genro has signed a decree providing for the reduction of value-added tax (VAT) or tax on circulation of goods and services (ICMS tax) from 17 percent to 12 percent on raw materials for ...
Tags: Tax on Textiles, value-added tax
