Austrian manufacturer of plastic products Borealis and UAE-based Borouge have jointly launched a new grade of BorPure high density polyethylene (HDPE) family for caps and closures. Made with Borealis' Borstar polyethylene (PE) ...
Tags: Borealis, HDPE Grade, Caps, Closures
Dairy products maker Saputo will close four of its facilities in Canada and the US, as part of efforts to improve its operational efficiency. The move is a part of the company's review of its overall activities to pursue additional ...
Australia's New Hope Corporation Tuesday reported an 11.3% year-on-year fall in thermal coal production to 2.7 million mt in the half year ended January 31. The drop in production was attributed to the planned closure of its New Oakleigh ...
UK-based salads and sandwiches manufacturers Solway Foods will close its Corby factory in Northamptonshire with the loss of 900 jobs. Last week, the company had made 500 jobs redundant, and said that the remaining 400 would be laid-off ...
Tags: Solway Foods, salads, sandwiches
Global petrochemicals producer Oxea is to raise its European production capacity of dioctyl terephthalate (DOTP), a general-purpose plasticizer, by 50,000 mt/year by the fourth quarter of 2015, it said Monday. Oxea has signed a memorandum ...
Tags: petrochemicals, Oxea, dioctyl terephthalate
Meat processor Tulip plans to end operations at its Freshway Chilled Foods unit in Wolverhampton, England. The move comes after the company failed to retain a food supply contract with The Foodservice Centre (FSC). Tulip has ...
Tags: Freshway Chilled Foods, Meat, Tulip
Furnace curtains are installed before the opening of furnaces. This curtain keep the heat contained within a furnace and ensure a consistent temperature when dealing with a variety of manufacturing processes. They are hung at the openings ...
Tags: alloy, Metallurgy, Wire netting
A US financial regulator warned consumers Tuesday that using the online currency Bitcoin is fraught with risks including theft by hacking and fraud. The Financial Industry Regulatory Authority issued the general warning amid a spate of ...
Tags: Bitcoin, US Regulator
Whether you see Bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery. Bitcoin began as a means of payment but quickly ...
Tags: Bitcoin, Digital Currency, Speculators
Germany-based Vion Zeven has unveiled plans to shut its pork slaughter and processing plant in Lingen, as the facility has been incurring higher losses in the recent past. In 2013, the slaughtering operations at the plant dropped by 30% ...
Tags: Lingen Pork, Vion, Pork
Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
Loscam has launched a multi-bottle returnable beverage tray, designed for one-touch handling in the beverage and retail sectors. The Loscam Beverage Tray, designed by K Hartwall for use in high-speed production lines, is made for storing, ...
Tags: Service
The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
Plastic beverage caps and closures are now more popular than metal closures, according to a new report from market research organisation Canadean. According to the report, plastic closures (49 per cent) overtook metal closures (48 per ...
Tags: Agriculture, Food
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums