Daimler Trucks has delivered 120 of the 140 Freightliner trucks ordered by two transport and logistics companies in Mexico. Of the total, 90 trucks were ordered by Express- and package delivery service Estafeta, while the remaining 50 ...
Tags: Daimler Trucks, freightliner trucks, chain management, air freight
Xinhua reported that China's crude steel output rose 6% in October from the same period a year earlier. National Development and Reform Commission said that during the first ten months of 2012, China produced 602.23 million tonnes of ...
Tags: steel, crude steel, steel industry
The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel, steel products, iron, steel mills
It is reported that ArcelorMittal Temirtau, financed by European Bank for Reconstruction and Development (EBRD) for health and safety improvements in its Kazakh coal mines and the largest steel mill in Kazakhstan has commented that it ...
Tags: ArcelorMittal Temirtau, EBRD, coal mine, hot rolled steel
Mr Zhang Dechen an official at the Ministry of Industry and Information said on November 24, 2012, China's steel industry is experiencing the most difficult time from the past ten years. In the first nine months 2012, large-scale steel ...
Tags: Ministry of Industry and Information, steel industry, steel mill, steel
Japan's government is likely to provide insurance for tankers that import Iranian oil to Japan in the wake of the European Union sanctions on Iran in July 2012. The Nikkei business daily was cited by Reuters as reporting that it is ...
Tags: Japan, liability exposure, oil imports, Iran
Japanese tire maker Bridgestone in collaboration with Ajinomoto has developed polymerised high-cis polyisoprene (IR), a synthetic rubber produced using bio-based isoprene, a substance produced from biomass raw materials using fermentation ...
Tags: synthetic rubber, raw materials, polymerised high-cis polyisoprene
Gulf News reported that the recently issued World Oil Outlook report by OPEC comes at a time when the oil refining industry is passing through many changes around the world. While the refinery distillation capacity is stagnant in the US, ...
Tags: OPEC, oil refining industry, refinery
BR reported that crude oil and gold prices scored one month highs this week boosted by Middle East tensions the faltering dollar and upbeat economic data but other commodities diverged amid holiday curtailed US trade. Dealers said that ...
China National Petroleum Corporation (CNPC) announced the successful start-up of the 800Kt/a ethylene unit at Fushun Petrochemical, all the eight production units of the 1Mt/a ethylene capacity expansion project operated together and turned ...
Tags: ethylene unit, ethylene market, ethylene industry, CNPC
Sinopec Group has announced closure of two refineries, one of which also has a petrochemical plant, in China’s southern province of Guangdong for checking environmental problems. The two plants – Sinopec Dongxing refinery ...
Tags: Refineries, Sinopec Group, petrochemical plant, crude oil process
Williams Partners and Williams announced an agreement for Williams Partners to acquire Williams'approximately 83-percent undivided interest in the Geismar olefins production facility,as well as Williams'refinery-grade propylene splitter ...
International Petroleum Investment Co., owned by the Abu Dhabi government, is planning to construct 70,000 barrels per day naphtha cracker facility in the Emirate, Salem Kelil, technical adviser to the government, said while speaking at a ...
Japan's lower house of parliament has endorsed a bill to allow Japanese government to insure Iranian crude oil importing shipments, in an effort to counter new US-European Union sanctions against Iran. Yet to be voted by the upper house, ...
Tags: Japan, Iranian crude oil, oil import, insurance policy
Major issues still need to be addressed, but presuming the United States gets its fiscal house in some semblance of order, the U.S. economy could be in a transition from sluggish growth to a longer period of moderate growth, according to a ...
Tags: MAPI, GDP growth, Manufacturing production