Few spot deals for Indonesian thermal coal were reported Wednesday, as Indian buyers opted to purchase from port stocks while Chinese demand remained inactive, sources said. A Dubai-based trader said he had seen many inquiries from Indian ...
Tags: thermal coal, Chinese demand
Ethanol production in Brazil's important center-south region fell 4.2% in the first half of May from the same period of 2013 as fewer mills are grinding sugar cane, according to data released Tuesday by cane-grower's trade group Unica. ...
Tags: Ethanol Output, Ethanol
Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...
Tags: Petrochemical
Ukrainian gas company Naftogaz and Russian gas company Gazprom are considering an EU proposal where Naftogaz pays Gazprom $2 billion by Friday in exchange for talks on a new gas price and no prepayment in June, the European Commission said ...
Tags: EU energy, Russian Gas
Headquartered in Atlanta, Georgia, Graphic Packaging is one of the largest producers of folding cartons, specialising in coated-unbleached kraft, coated-recycled boxboard multi-wall bag and specialty packaging, and the acquisition has ...
Tags: Graphic Packaging, Benson Group
The recently announced 400 billion-dollar gas deal between Russia and China will not affect gas deliveries to the EU, the International Energy Agency (IEA) said Thursday. "The gas that has been determined for export to China would have ...
Tags: EU Supplies, Gas
American automobile manufacturer General Motors (GM) has signed an agreement with the University of Michigan to extend their collaborative automotive research project until 2017. The collaborative automotive research efforts began in 1998 ...
Tags: General Motors, Automotive
Grupo Bimbo has completed the acquisition of Canada Bread Company, the bakery products division of Maple Leaf Foods, in a $1.66bn deal. According to Grupo Bimbo, the integration of Canada Bread will be reflected in its consolidated second ...
Tags: Grupo Bimbo, Bread
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
Russian gas giant Gazprom has reached a preliminary agreement with China on a $25 billion prepayment for Russian natural gas delivered under the 30-year supply deal signed this week, deputy CEO Alexander Medvedev said Friday. "An advance ...
Unilever has signed an agreement to divest its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for nearly $2.15bn. The annual turnover for Ragu and Bertolli brands is more than $600m. The sale ...
Tags: Bertolli Pasta, Unilever
United Natural Foods has signed an agreement to acquire all of the stock of Tony’s Fine Foods, a distributor of perishable food products, for nearly $195.3m. Founded in 1934, Tony's primarily sells its products to retail and ...
Vehicle fleet provider BT Fleet has expanded its vehicle fleet contract with the UK-based integrated energy company EDF Energy for an additional five years. Under the deal, BT Fleet will be responsible for handling EDF's fleet of 1,000 ...
Tags: Vehicle Fleet, BT Fleet
French car maker Renault has signed an agreement with the Tan Chong Euro cars to build its luxury sedan Fluence in Malaysia. The deal will not only allow the carmaker to strengthen its presence in the region but also expand its brand ...
Tags: Renault, Fluence Sedan
The Bhabha Atomic Research Centre (BARC), through its Centre for Incubation of Technologies (BARCIT), has signed a memorandum of understanding (MoU) with India-based Veena Industries for using its technology in developing biodegradable and ...