BASF has made progress in its plans to build a world-scale methane-to-propylene complex on the U.S. Gulf Coast. The company has selected Freeport, Texas, as the potential site. It will use Air Liquide’s proprietary Lurgi MegaMethanol ...
Tags: BASF, methane-to-propylene complex
BASF has selected Freeport, Texas as the potential site in its plans to build a world-scale methane to propylene complex on the US Gulf Coast. BASF in a press release said, it will use Air Liquide’s proprietary Lurgi MegaMethanol ...
Tags: BASF, world-scale methane, propylene complex
Hyundai is planning to build its second factory in Alabama, US to increase the production of SUVs in the country, reported Yonhap News Agency. The move is reportedly triggered following a drop in gas prices in the US, which has ...
U.S. specialty jewelry store sales fell 4 percent year on year to $6.11 billion in December, closing the year on a downer. December's sales total was the weakest since 2011 and followed a 6.2 percent decline for stores in November; still, ...
Tags: Jewelry Store, Jewelry
Electronic store chains lose another round to online. Where does it end? Are electronics store outlets doomed? It was indeed a merry Christmas for online retailers. Results for the season show a strong expansion of sales in the US, fueled ...
Tags: Electronics Retailers, Electrical
Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...
Tags: LNG prices, LNG market
Low price of gas could impact the sale of electric cars, according to BMW which is planning to introduce electric models of its top selling cars. Bloomberg cited BMW's head of sales and marketing Ian Robertson as saying that the sale of ...
The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs. The preliminary reading was the highest since January 2004, and up ...
Tags: job market, fuel costs, Sporting Goods
Total holiday retail sales, which include November and December sales, increased 4 percent to $616.1 billion, according to the U.S. Commerce Department. The results were just shy of the National Retail Federation's projected forecast of 4.1 ...
Tags: job market, gas prices, Sporting Goods
U.S. specialty jewelry store sales fell 7.1 percent year on year to $2.734 billion in November -- the latest sign that jewelers in the U.S. have been facing economic headwinds. Furthermore, the sales figures from November, the month that ...
Tags: specialty jewelry, jewelry
The United States is set to become an even more dominant market for the diamond industry in 2015. In a reversal of trends that have characterized the industry in the past few years, there has been a shift back from east to west as industry ...
Tags: Diamond Market, diamond industry
U.S. online retail sales for the Christmas season, from November 1 to December 31, rose 15 percent year on year to $53.3 billion, according to comScore Inc. Cyber Monday, December 1, ranked as the heaviest online spending day of the year ...
Speakers at the 9th Annual Forum of the Gulf Petrochemicals and Chemicals Association (GPCA) stressed on the fact that the Gulf Cooperation Council (GCC) petrochemicals sector has to leverage opportunities in order to overcome challenges ...
AAA Travel reports nearly 46.3 million Americans will journey 50 miles or more from home during the Thanksgiving weekend, the highest number for the holiday season since 2007. This is a 4.2% jump from last year. Almost 90 percent of ...
Tags: gas prices, Thanksgiving, Auto
Retail sales of sporting goods in October increased 1.2 percent seasonally adjusted month-to-month and 3.6 percent unadjusted over 2013, according to an analysis of government data by the National Retail Federation. Overall retail sales ...
Tags: sporting goods