Market View
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Market View
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China Has Proven It Is a True Heavyweight Global Contender
Dec 21, 2012It goes without saying that China has proven it is a true heavyweight global contender. The herculean growth achieved by China over the past two decades is unprecedented in the annals of human history. China has overtaken Japan to become ...
Tags: China, Standard and Poor's, data, economy
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Change Is on 13th December as Compared to 12th December 2012
Dec 21, 2012Change is on 13th December as compared to 12th December 2012 Change is in INR per tonne
Tags: Steel Plate, Prices, Steel
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European Coatings Supply Chain Is Dispersions
Dec 21, 2012In terms of mergers and acquisitions, restructuring, portfolio changes and investment projects, one of the most active sectors in the European coatings supply chain is dispersions. Despite a slow growth in demand for coatings, ...
Tags: coatings supply, European, VOCs, dispersions market
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Crude Flow Has Been Cut by Around 75,000 Barrels Per Day Because of a Technical Problem
Dec 21, 2012Reuters reported that crude flow from Iraq's autonomous Kurdistan has been cut by around 75,000 barrels per day because of a technical problem at Khurmala oilfield though the region's Tawke and Taq Taq fields are still at normal output. ...
Tags: crude flow, oilfield, oil, oil resources
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ANC to Propose Resolutions on Nationalization of Certain Minerals and Mining Companies
Dec 21, 2012Reuters reported that the ANC Youth League will propose resolutions on the nationalization of certain minerals and strategic mining companies at the party's 53rd national conference in Mangaung. A statement ahead of the conference said ...
Tags: minerals, mining companies, iron ore, magnesium, platinum group minerals
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Weak Overall Economic Growth Persisted in The Third Quarter of 2012
Dec 21, 2012Weak overall economic growth persisted in the third quarter of 2012,increasing by 2.7 percent,and the sluggish pace characteristic of the current expansion is likely to continue,according to the quarterly Manufacturers Alliance for ...
Tags: overall economic growth, current expansion, sluggish pace
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European Regulations Aimed Specifically at Limiting Emissions of VOCs
Dec 21, 2012European regulations aimed specifically at limiting emissions of volatile organic compounds (VOCs) from coatings have been mainly confined to decorative paints and the manufacture of the coatings themselves. The last piece of major ...
Tags: European, VOCs, decorative paints, manufacture of the coatings
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The Gasification Level in The Krasnodar Territory Is 80%
Dec 21, 2012Interfax cited Mr Valery Golubev deputy CEO of Gazprom as saying that the gasification level in the Krasnodar territory is 80%. The Krasnodar territory is 80% gasified whereas for Russia as a whole it's 63%. Mr Golubev said that over the ...
Tags: gasified, Gazprom, gas, gas industry
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Jotun Claims Is One of The Most Modern in The World
Dec 21, 2012Jotun opened in March at Sandefjord, Norway, a decorative paints plant costing NOK 500 million ($87 million), which the company claims is one of the most modern in the world. It replaces two other decorative paints units in the country. ...
Tags: Jotun, Meanwhile AkzoNobel, high-tech decorative paints
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Aquila Resources Will Have to Wait Until at Least March to Resolve Its Funding Dispute
Dec 21, 2012The West Australian reported that Aquila Resources will have to wait until at least March to resolve its funding dispute with West Pilbara iron ore partner AMCI, saying that an arbitration hearing will not be held until February 2013. The ...
Tags: iron ore, Aquila Resources, iron ore partner, iron, ore
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The Saudi Gazette Plans to Invest SAR 4.5 Billion in Setting up an Automotive Facility
Dec 21, 2012The Saudi Gazette reported that Jaguar Land Rover owned by Tata Motors, plans to invest SAR 4.5 billion in setting up an automotive facility to manufacture 50,000 Land Rover vehicles per year by 2017 in Saudi Arabia. The National ...
Tags: Jaguar Land Rover, Tata Motors, automotive facility, automotive
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Plant Closures Are Seen to Be Sooner or Later Inevitable
Dec 21, 2012On the face of it the outlook in Europe for OEM automobile coatings looks grim at the moment. The region is estimated to have a 20 percent overcapacity in car manufacturing so that plant closures are seen to be sooner or later ...
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Al Ghurair Had No Intention Yet of Selling Its Half Ownership of Ras Lanuf
Dec 21, 2012Reuters reported that prominent UAE group Al Ghurair had no intention yet of selling its half ownership of Ras Lanuf, Libya's biggest refinery but also had not decided whether to go ahead with investing another USD 2 billion. Mr Essa Al ...
Tags: refinery, oil refining capacity, oil, Oil Company
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The Coatings Industry in Europe Has Been Bracing Itself for an Extremely Difficult 2012
Dec 21, 2012The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn
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Europe's Energy Requirements Is Predicted to Come From Abundant Reserves of Gas in Russia
Dec 20, 2012By 2030 around 70 percent of the Europe's energy requirements is predicted to come from abundant reserves of gas in Russia, the Artic and the neighboring areas of southeast Asia and North Africa. Also to the European Union's 27 member ...
Tags: Pipe, Europe, coatings market, energy
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