Singapore agribusiness giant Wilmar International has formed a joint venture with peer Noble Group to produce palm oil and its by-products in Indonesia. The companies said Wilmar's subsidiary Newbloom will hold a 53.74% equity stake in ...
Tags: palm oil, agribusiness giant, oils
Prompt prices gained value Thursday morning on the UK's NBP gas trading hub as demand rose, storage facilities were heavily utilized and temperature forecasts were revised lower. At 1200 London time, same- and next-day contracts were ...
Tags: gas trading hub, UK, natural gas
US crude production rose to 7.01 million b/d in January for the first time in 20 years, the American Petroleum Institute said Thursday. Domestic crude production, including condensate, was up 14.3% from output of 6.14 million b/d in ...
Tags: crude production, US, etroleum Institute
In Feb.1-10 this year, China’s average daily crude steel production capacity include large and medium-sized steel enterprises amounted approximately to 1.7014 million tons this year, raise by 6.1% compared to Jan. 21-31, according to ...
Argentina's steel industry is expected to make investments of around US$470 million during 2013 to increase production capacity and improve product quality.The amount represents a 20 percent increase from investment totals in 2012, ...
Tags: steel production, steel, steel industry
In January this year, Italian crude steel output decreased by 19.7 percent year on year to 1.801 million metric tons, according to the figures released by the Italian steel producers association Federacciai. January is the 10th month in a ...
According to the latest data regarding crude steel production in France released by the French Steel Federation (FFA), in January this year French crude steel production amounted to 1.3505 million metric tons, down by 1.3 percent year on ...
Brescia, Italy-based special steel producer Leali Group has been purchased by Geneva, Switzerland-based Klesch Group. The two companies inked a binding agreement on February 21, according to which the transaction will be completed by the ...
Tags: special steel, steel, special steel producer
On February 21, Shandong Province-based Chinese steelmaker Jinan Iron and Steel Co. (Jigang) announced that in 2012 its plate plant produced over 1.123 million mt of finished steel, including 1.087 million mt of steel plates. Consumption of ...
Tags: plate plant, Iron, Steel
The UN study suggests solar-powered lighting would significantly lower global carbon emissions The United Nations has carried out an assessment into the benefits of solar-powered lighting. The report which was carried out by the United ...
The International Energy Agency remains largely in the dark over the real pace of China's surging oil demand despite long-running attempts to persuade the county to publish official data on consumption and oil stocks, the IEA's top energy ...
Tags: Oil Demand, Energy Security, Mineral
The Germany-based service center Damstahl reported that the European crude stainless steel output totaled 7 million tons in the first 11 months of 2012, decreasing by 1% year on year. Meanwhile, Damstahl predicted that the European ...
Tags: stainless steel production, stainless steel, steel production
The China Iron and Steel Association (CISA) has stated that in early February (Feb.1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7014 million mt, up 6.1 percent ...
Alacero, the Latin American Steel Association, has reported substantially improved steel consumption throughout Latin American countries in 2012, although steel production declined. Latin American crude steel production was 66 million ...
Brazil-based steel producer Gerdau SA has reported its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the net profit of the company was R$142 million ($72 million), down 70 percent compared to the ...
Tags: net profit, Gerdau, steel producer