The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
European olefin buyers said they are more optimistic about a decrease in ethylene contract prices than propylene for February, amid tightness in propylene. Buyers are aiming for a fall in both contract prices following the direction of ...
Tags: Spot propylene, CIF NWE, FD NWE, deep sea import
In the backdrop of a weak economic scenario in Europe, German menswear fashion company Ahelrs AG has posted lower-than-expected preliminary unaudited sales and profit numbers for full year 2012-13. The company, which is one of the ...
Tags: menswear, domestic consumption
Mild winter weather in Northwest Europe has boosted demand for ETBE -- a component used to make gasoline -- at a period when imports of the product into the region are seasonally low, supporting its premium over rival blending product MTBE, ...
Given the prolonged economic uncertainty, coupled with increase in raw material cost, India-based textile firm Cheslind Textiles saw business taking a hit in the third quarter of current financial year ended December 31, 2013. Engaged ...
Tags: Raw Material, textile
The Asian paraxylene market flipped into contango Monday -- the first time in six months -- as spot supply started building up amid thin demand for prompt February cargoes ahead of the Lunar New Year holidays. The CFR Taiwan/China PX ...
Tags: Paraxylene, Chemicals
On January 22, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) announced its preliminary financial results for 2013, stating that it achieved a net profit of about RMB 770 million ($126.2 million) for the ...
Tags: Ansteel, reducing costs
New South Wales-based dairy company Bega Cheese Limited (Bega) has announced its intention to sell its 18.8 per cent shareholding in Warrnambool Cheese and Butter (WCB) to Canadian dairy company Saputo. The move makes a Saputo takeover of ...
Tags: interest grows, Sell WCB Shares
The Chinese import price for Indian-origin ferrochrome (58-60% Cr) inched higher to 84-86 cents/lb CIF China Friday, from 84-85 cents/lb CIF a week ago, as Chinese buyers lifted their price ideas amid a strengthening Chinese yuan against ...
Tags: Origin Material, Chemicals
Chinese purified terephthalic acid producers BP and Hengli have deferred the startup of their new PTA plants to 2015 from the fourth quarter this year, amid negative PTA margins, sources close to the company said Friday. The startup of BP ...
News outlets in California offer examples of companies that are giving new customers more time to pay their first month's premiums while in Connecticut, one insurer is beginning to get a handle on the crush of enrollment. Los Angeles ...
Tags: Insurers, Payment Deadlines for Customers, Health&Medicine
Amidst a backdrop of a weak economic scenario, Japanese apparel company Daidoh Limited witnessed a slight dip in its sales performance in H1 FY 2013-14. The company, which is mainly engaged in the manufacture and sales of yarns, woolen ...
Tags: apparel, Daidoh Limited
Citing mill discipline and some lingering supply problems, the US sheet market is reporting higher cold-rolled coil prices in the Midwest, but market participants have noted that the widening spread between CRC and hot-rolled coil may be ...
Tags: CRC Prices, Chemicals
It's a fully encrypted smartphone that aims to foil snooping governments, industry rivals and hackers. It's also a sleek, attractive device that fits in your pocket and can impress friends and colleagues, according to its makers. The ...
Tags: Consumer Electronics, Electronics
Best Buy said declines in digital imaging, movies and MP3 players led a 1.5 percent dip in domestic holiday sales, to $9.8 billion for the nine weeks ending Jan. 4. The retailer also lowered its fourth-quarter and full-year earnings ...
Tags: Consumer Electronics