The price of lithium-ion batteries used in electric vehicles (EV) is expected to drop by 17% by 2025, due to increasing oil prices and severe fuel economy standards which push automakers to produce more EVs. According to a study conducted ...
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 ...
BP announced its financial results for the third quarter of 2012,reporting underlying replacement cost profit,adjusted for non-operating items and fair value accounting effects,of$5.2 billion.It also announced an increase in its quarterly ...
Tags: BP, financial results
Banking on the stimulus measures introduced by the world’s leading economies, which are expected to enhance demand, Taiwan foresees its petrochemical output value for the fourth quarter (Q4) of current year to be 7.6 percent higher ...
Tags: Taiwan, Petrochemical Output
Fuel oil consumption in power plants in Bangladesh will more than double to around 800,000 mt in the first half of 2013 from around 320,000 mt in H1 2012, a senior official at Bangladesh Power Development Board said Thursday. The ...
According to Bank of Communications, China's consumer prices will likely fall in the second half of the year, trimming growth of the consumer price index to 4% by the year's end. The bank forecast the rise of CPI, the main gauge of ...
Tags: China's consumer price, consumer price, China economy, economy prediction
Sales of valves to the oil and gas industry are expected to be $9.2 billion next year according to the latest McIlvaine forecasts in Industrial Valves: World Markets. The Middle East will generate the most revenue, but NAFTA is ...
Tags: Oil, Gas, Industry Valve
In response to the government's decision to postpone an increase in power prices originally scheduled for the December 10, 2012, Taiwan-based LED chip packaging company Everlight Electronics indicated that the LED lighting market in Taiwan ...
Tags: LED lighting
The Ethiopian Hansom International Glass factory,which had temporarily halted production due to hikes in international furnace oil prices,is to re-launch production according to Xia Yong,General Manager of the company. The company found ...
Tags: Ethiopian Glass Factory, Re-open, Measure
WHEAT:The 2012/13 U.S.wheat balance sheet is unchanged this month;however,small by-class adjustments are made to projected exports and stocks.Projected exports for Hard Red Winter wheat are lowered 25 million bushels with Hard Red Spring ...
Siam Cement, a barometer of Thailand s corporate health, posted April-June net profit of 4.28 billion Thai baht ($135 million), down from 7.49 billion baht a year earlier. Eleven analysts polled by Reuters had forecast an average net profit ...
Tags: market view, cement
Outline of operations results for the year ended March 31, 2012 In the year ended March 31, 2012, the economy in Western Europe, which was once on a recovery trend, slowed down due to the effects of financial crisis etc. However, German ...
Tags: Market View, power tool, makita
The Saudi Arabian Tadawul All-Share Index rose one percent Tuesday, as oil prices climbed above $92 per barrel. Najran Cement, which was listed on May 12, was the most liquid share and posted the biggest day gain (up 4.56% at SR22.95). ...
Tags: market view, cement
The UAE s push to enhance its industrial sector is set to get a shot in the arm with the launch of a new trade show - Made in UAE. At present, the contribution of the industrial sector to the GDP stands at 14% and the UAE has chalked out ...
Tags: market view, cement, Made in UAE