Flour Mills of Nigeria plans to seek approval from shareholders to purchase a 90% controlling stake in Rom Oil Mills, a vegetable and edible oil refining business based in Ibadan, southwest Nigeria. This move is part of the company's ...
Tags: controlling stake, a vegetable and edible oil refining business
Tycoons Group Enterprise Co.'s chairman W.S.Huang noted that the firm's electric furnace in Thailand,costing NT$2 billion(US$66.67 million),is expected to be completed in the end of 2013,to remarkably reduce cost of raw materials and boost ...
Tags: Tycoons Group, electric furnace, steel industry, Thailand
London Oil Refining Company has teamed up with Global Closure Systems’ Zeller Plastik UK, to develop a headstand valve pack for its new range of Astonish household cream cleaning products. The Bradford-based company's headstand ...
Tags: Astonish Cleaning Products, valve pack, headstand valve pack
Sonoco-Alcore, the wholly owned subsidiary of global packaging company, Sonoco, will invest to make its system and product range energy efficient which is expected to be accomplished by September 2011. To acheive its goals, the company is ...
Tags: System Energy Efficient, electricity consumption, energy costs
CPM,a supplier of process engineering,process equipment for the oilseed,animal feed,biofuels and food processing industries,has announced the formation of Crown Asia Engineering,to expand and deliver oilseed solutions throughout the Asia ...
Tags: CPM, CFEC, oilseed solutions
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
China National Petroleum Corporation (CNPC) announced the successful start-up of the 800Kt/a ethylene unit at Fushun Petrochemical, all the eight production units of the 1Mt/a ethylene capacity expansion project operated together and turned ...
Tags: ethylene unit, ethylene market, ethylene industry, CNPC
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
Scottish food researchers have claimed to have created the world's first nutritionally balanced pizza,which provides 30%of an adult's recommended daily amount(RDA)of vitamins and minerals. The new pizza,which has been developed by ...
For third-quarter 2012, Rubicon Technology Inc of Bensenville, IL, USA, which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries, has reported revenue of $19.9m, up 17% on $17m ...
Tags: monocrystalline sapphire substrates, Rubicon Technology, LED
The Peninsula reported that the Qatar Petroleum and Qatar Petrochemical Company joint venture project in Ras Laffan Industry City is scheduled for completion in 2018. With the launch of the USD 7 billion project, Qatar would emerge as one ...
Tags: petrochemical products, Qatar Petroleum, Qatar Petrochemical
Taipei, Nov. 6, 2012 (CENS)--The four major member firms of Formosa Plastics Group (FPG) racked up total revenue of NT$133.386 billion in October, up 4.5% sequentially. Of the four firms, Formosa Chemicals & Fibre had the best performance, ...
Tags: Formosa Plastics Group, total revenue, Chemicals&Fibre, Plastics
Though London Metal Exchange prices for copper have been on a downward spiral, the sustenance in treatment and refining charges are helping metal makers to stay in a comfort zone. Hindalco Industries, for instance, reported a 29 per ...
Tags: Copper, Nonferrous Companies, London Metal Exchange, copper price
Thailand's PTT Plc is considering building a huge petrochemical and refining complex in Vietnam, according to a statement released Thursday by the provincial government of the Vietnamese central province of Binh Dinh. Sukrit ...
CAN reported that primary aluminum output of China surpassed 26000 kilo tonne per annum in 2011. Output of in construction and planning to build is 20000 kilo tonne per annum. If 80% of these projects are completed in 2015, the primary ...
Tags: China, Aluminum Exporter, Aluminum industry, Aluminum output