Crude exports from OPEC kingpin Saudi Arabia fell to 7.062 million b/d in December last year, the lowest level since September 2011 when exports averaged 6.813 million b/d, data from the Joint Organizations Data Initiative, or JODI, show. ...
Tags: Crude exports, crude production, crude
Korea Gas Corporation, the world's single-largest buyer of LNG, has stepped up efforts to sell part of its stake in Australia's Gladstone LNG project, a company official told Platts Friday. The South Korean state-owned company has ...
Tags: Korea Gas Corporation, LNG, LNG project
Capital Steel Buildings Australia has been placed in voluntary administration, adding to the woes of the Australian steel industry. The company based at Narellan, Western Sydney, is a manufacturer of cold rolled steel buildings. It also ...
One in five Chinese LED lighting companies may fail this year as falling prices and oversupply batter an industry that Beijing bankrolled to try to build an energy-efficient future. About 4,000 companies in China are producing LEDs, or ...
Tags: LED lighting, LED lighting sector, LED
Gulf companies are investing in several South East Asian petrochemical projects due to the rising demand for petrochemical products in the region. The Qatar Investment Authority (QIA) plans to commit US$ 5 billion investment in the ...
Tags: Gulf companies, South East Asian, petrochemical projects
Solar wafer and cell makers in Greater China plan to increase capacity utilization rates to full after the Lunar New Year holidays and hope product prices will increase as well. Solar firms believe that solar module price trends will show ...
Output in the European Union (EU) mechanical engineering sector fell 2.8 percent year on year in the third quarter of 2012 and a further drop of around two percent year on year is projected for the final quarter of the year, said the ...
Tags: EU, Mechanical Engineering Output, Mineral
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the first 11 months of 2012 European Union (EU) steel exports increased by 11 percent ...
Tags: Eurofer, Steel Exports, Mineral
It is learned that UAE’s only integrated steel plant Emirates Steel is to produce 40mm rebar the match growing demand for steel in the region. The company’s CEO Saeed G Al Romaithi said that they are happy with the adding of new ...
Tags: Emirates Steel, Product Rebar, Mineral
Cosmo Oil Co., Ltd. and Hyundai Oilbank have been conducting test operations of the new para-xylene (PX) production plant though the joint venture company, HCP. The company is pleased to announce that production has commenced 5 months in ...
The 13th China International Dye Industry, Pigments and Textile Chemicals Exhibition (China Interdye 2013), organized by China Dyestuff Industry Association, China Dyeing and Printing Association, China Council for the Promotion of ...
Tags: Dyes, Dye Industry, Textile
The Chinese firms will invest more than US$1.6 billion to build steel, aluminum and palm oil processing plants and to expand a port in a new industrial zone on the Malaysian east coast. This is a part of total joint investments of ...
Tags: steel plant, steel, steel industry
New orders in the German steel market stabilized on year-on-year basis in the fourth quarter of 2012, according to the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl). In the quarter in question, rolled steel orders in ...
Tags: Rolled steel, steel market, steel orders
Italy's Eni will spend a total of $1.445 billion to develop the Jangkrik North East offshore gas field in Indonesia's Muara Bakau block in the Makassar Strait, the head of Indonesia's upstream regulator SKK Migas said Friday. The ...
Sumitomo Chemical has decided that it will close down an ethylene plant at its Chiba Works located in Ichihara, Chiba, Japan, in or before September 2015 when the next periodic shutdown maintenance will take place, to reinforce the ...