Unipetrol recorded 10% increase of revenues at CZK 107bn in 2012. EBIT excluding one-off impairment reached positive result of CZK 372m in 2012. The volume of crude oil processed 3927 kt in 2012 similar to volume of 2011. EBIT negatively ...
Tags: Petrochemical, 2012 Sales, Unipetrol
Polysilicon suppliers to the solar industry have been significantly lowering plant utilization rates during the past six months, with average quarterly utilization rates falling below 70%, according to NPD Solarbuzz. This contrasts with ...
Tags: Polysilicon suppliers, solar industry, utilization rates
The Province of Missan has emerged as a major oil producer in Iraq as more of its oil fields come on stream. Ali Muaarij, the head of Missan Oil Company, said foreign firms are developing these fields and currently the province produces ...
Tags: oil, Iraq, oil industry
Iraq has again told Exxon Mobil that it must choose between working in its southern oilfields or in Kurdistan. Reuters reports that Oil Minister Abdul Kareem Luaibi [Elaibi] expects the company to make a final decision within a few days, ...
Australia-based miner Royal Resources Limited has announced that it has completed the pre-feasibility study on its Razorback iron ore project in Adelaide, South Australia. Accordingly, Royal Resources anticipates an annual mining rate of ...
In the week ended January 28, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.7 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 3.6 percent ...
Tags: Coal exports, coal shipments, coking coal
The sharemarket rose for a 10th consecutive day, extending its longest winning streak since October 2003, as an improving global economic outlook continued to fuel demand for equities before the conclusion of a US Federal Reserve board ...
Reportedly, the US steelmakers including AK Steel, ArcelorMittal North America and Nucor have announced to raise the prices of steel flat products by US$44~US$55/ton recently. It’s said that the steelmakers increased the prices ...
The European Commission (EC) has announced the final decision of the antidumping (AD) duty investigation launched in November 2011 regarding certain tube and pipe fittings of iron or steel with an external diameter of up to 609.6 mm, from ...
Tags: pipe fitting imports, iron, steel
Peabody Energy has set a 2013 capital expenditure budget of $450 million to $550 million, roughly half that of 2012, and will further defer "early-stage" projects until coal market conditions improve, the St. Louis-based producer said ...
Gasoline blended with 15% ethanol caused failure in a "substantial" portion of fuel pumps and other components in a test designed to represent 29 million vehicles approved to use the fuel, according to a study the Coordinating Research ...
Tags: Gasoline, fuel pumps, gas
By John Lee. Iraq has now opened its second floating pier to export crude oil via the Gulf. Oil Minister Abdul Kareem Luaibi [Elaibi] said: “Today vessels have started to load crude from the two Single Point Moorings at the same ...
Tags: crude oil, oil, 2nd Floating Pier
The Qatar Investment Authority (QIA) plans to commit US$ 5 billion investment in the Pengerang Integrated Petroleum Complex located in the southern state of Johor in Malaysia. On his visit to Malaysia, the vice-chairman of QIA’s ...
Tags: Qatar, QIA, Malaysian Petrochemical Complex
After hydro and thermal power, THDC India Ltd, a joint venture of the Government of India and the Government of Uttar Pradesh, is diversifying into solar energy business by investing Rs 800 crore in Uttar Pradesh. The ...
Tags: Solar Power, solar energy business, solar
Anhui Province-based Chinese steelmaker Changjiang Iron and Steel Co., a subsidiary of Ma’anshan Iron and Steel Co. (Masteel), has commissioned its new converter No. 2, as announced by Beijing-headquartered Chinese state-owned ...
Tags: Changjiang Steel, Steel, Steel industry