American agribusiness company Cargill has expanded its wheat processing plant in Efremov, Russia, with an investment of $100m. As a result of the expansion, the plant can now process 500,000 tons of wheat a year - almost double its ...
Tags: Cargill, Wheat Processing Facility
Volvo Group's truck division has sold 17,410 vehicles during May 2014, an increase of 4% compared with the same month previous. May experienced an unfavorable product and market mix. Deliveries of heavy duty trucks were on the same level ...
Volkswagen Group has sold 4.11 million vehicles from January to May, representing a 6.3% increase compared to the same period of 2013. The company handed over 864,600 (May 2013: 816,300; +5.9 percent) units to customers in May. "The ...
Tags: Volkswagen, Passenger Cars
International Trade Fair for Home Textiles, Floor Coverings and Interior Furnishings Heimtextil Russia with INTERIOR+DESIGN magazine and with the support of Pinwin.ru invite designers and architects to take part in the contest ...
Tags: Home Textiles, Floor Coverings
Belgium-based packaging company Van Genechten Group has acquired folding carton producer in Russia, Ost-Print. According to Van Genechten, the acquisition, which is approved by the Russian Anti-Monopoly body (FAS), takes effect ...
Tags: packaging, Genechten Group
The Government of Russia is aiming to increase the share of local goods in the country’s domestic textile market to 50 percent, from the current share of less than 35 percent, reports Novosti news agency. At present, Russian made ...
Tags: Textile Market, Russian Market
The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
Oil futures held near nine-month highs Monday on concerns that escalating violence in Iraq could spread to the country's oil-producing southern region. ICE August Brent settled 48 cents higher at $112.94/barrel. The front-month contract ...
Tags: Oil Futures, Crude futures
The US posted a second consecutive year of record oil production growth in 2013 with its surging shale industry balancing out supply disruptions to underpin an unprecedented period of stable global oil prices, BP said Monday. US output ...
Tags: oil production, oil supply
The Asia to Europe arbitrage window for methanol will remain shut in the third quarter of 2014 on expectations of higher export volumes from the Middle East and stronger Chinese demand that would soak up Asian supplies, sources said late ...
Tags: Methanol, natural gas
Russian gas exports to Europe via Ukraine are continuing as per normal at about 185 million cubic meters/d, despite an explosion Tuesday afternoon at a Ukrainian gas pipeline, Gazprom deputy chairman Vitaly Markelov said Wednesday. "Gas ...
Tags: Gas Exports, gas pipeline
The global aluminium market has seen a remarkable improvement in its fundamental outlook, Bank of America Merrill Lynch said in a research note Thursday. "The improvement in market balances has perhaps been most outstanding for aluminium, ...
Tags: Aluminium, aluminium market
China heavy trucks are popular in overseas markets for their competitive prices but the exports markets are getting worse. Lacking core technology supports, China heavy trucks cannot enter European and American etc high end markets, and ...
Tags: Heavy Trucks, Trucks, Transportation
Russia-based steel pipe producer ChTPZ Group has stated that it has dispatched four pipes of 1,420 mm diameter with wall thickness of 21.7 mm, with external and internal anti-corrosion coating, made of MMK's sheet steel of K60 grade for the ...
Tags: Welding Pipes, Gas Pipeline
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand