Asian butadiene prices hit a more than six month high Monday on tight availability amid the startup of new synthetic rubber plants in China and higher naphtha feedstock costs. Butadiene prices surged 44% from a 2012 low of $1,455/mt FOB ...
Tags: butadiene prices, synthetic rubber, Asian naphtha prices
Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced that together with Italy-based Ilta Inox S.p.A. (Arvedi) and Marcegaglia S.p.A. ...
Construction work is continuing on the Yulong Lianfeng stainless steel cold rolled project in the city of Changge in China’s Henan Province and is expected to be completed by May this year, with production also expected to be launched ...
On the one hand, Baosteel Engineering turns yesterday's customers into today's partners and they team up to build a world-class steel company, on the other hand, it focuses on building a steel structure virtual industry chain integrated ...
Tags: Baosteel Engineering, steel, steel structure virtual industry chain
EE, the UK's first mobile network to launch 4G, has revealed that it has made a loss before tax of £249m in 2012. The loss is more than double the £113m it lost in 2011, while its annual revenue also reduced by 1.9 per cent ...
Tags: mobile network, Telecom, EE 4G
Canadian oil sands startup Athabasca Oil Corp said Monday it would start an environmental impact study as part of plans to expand its Hangingstone oil sands facility in northern Alberta to 82,000 b/d. "We currently hold regulatory ...
It may be encouraging news for the Indian government that India’s gold demand during calendar year 2012 went down by 12% at 864.2 tonnes on year-on-year (y-o-y) basis, though the second half (July-December) saw demand going up by 23% ...
Tags: gold demand, WGC, GJEPC Ventures, B2C Jewellery Shows
American International Group (AIG) has inked an agreement to purchase Aurec Gold Investments’ 49.99% interest in AIG Israel Insurance Company (AIG Israel), for an undisclosed sum. The acquirer already owns 50.01% interest in AIG ...
It’s reported that Korean steel giant Posco planned to build a steel pipe joint venture in Japan in next January, aiming to supply to the Japanese automotive industry. It’s learned that the Japanese enterprises including ...
Tags: steel pipe, steel giant, steel
Taiwan's solar industry needs to improve from its weakness of lacking brand recognition and control over distribution, said Ellick Liao, chairman of Taiwan Solar Energy (TSEC). Currently, the total supply of solar products is about ...
Tags: solar industry, TSEC, Ellick Liao
Sollers-Bussan, a Russia-based vehicle-assembly joint venture (JV) between auto maker Sollers and Japan’s Mitsui, has started the production of Toyota Land Cruiser Prado sport utility vehicle (SUV) at its Vladivostok plant in Russia. ...
Tags: Sollers-Bussan, vehicle-assembly joint venture, Mitsui
Spanish food group Ebro Foods has acquired a stake in Italian rice producer Riso Scotti. Ebro, which last year told just-food it would look to make further acquisitions and expand its geographic reach, purchased the Scotti Group-owned ...
Tags: food group, Ebro Foods, rice producer, Riso Scotti
Japan's Dai-ichi Life Insurance, Zurich Insurance Group and Allianz in Germany are gearing up to bid for the insurance arm of Turkish bank Yapi ve Kredi Bankasi, Yapi Kredi Sigorta, to expand their footprint in Turkey. Yapi Kredi Sigorta ...
Tags: Japan, Dai-ichi Life Insurance, Zurich Insurance Group, Allianz
US-based pork processor Smithfield Foods has entered into an agreement to form 50/50 joint venture with Kansas City Sausage, including its sister company, Pine Ridge Farms, as a part of its plan to strengthen its packaged meats business. ...
Australian steelmaker BlueScope Steel has posted a net loss of AU$12 million in the first six months ended December 31 of the financial year 2012-13, down from a net loss of AU$530 million in the first half of the previous financial year ...
Tags: steelmaker, crude steel, steel