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
Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...
Tags: crude prices, Crude Oil
The U.S. Environmental Protection Agency and Alaska Department of Environmental Conservation are mobilized to remove 4,400 gallons of low-sulfur diesel from a creek that flows into the Tiekel River after an oil tanker truck slid off the ...
December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Graco Inc. has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
Oil closed up on Wednesday for the first time in five days as traders took stock of the market's rout after crude prices lost nearly 10 percent over two days and benchmark Brent fell to below $50 a barrel. A decline in Brent crude futures ...
Tags: Crude Oil, crude futures
The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates for fourth-quarter growth. Yet big moves also create the ...
Tags: Trade Deficit, America economy
Cardolite introduced a comprehensive line of cashew nutshell liquid (CNSL) based polyols for adhesives, coatings, foam and elastomer applications. Polyols derived from CNSL have unique qualities compared to widely known polyester and ...
Charles Ross & Son Co. has introduced Ross Bow Tie Dispersers, also called High Viscosity Dispersers, which are designed for mixing heavy pastes and viscous liquids. Compared to other single-shaft agitators, the company says this economical ...
Tags: single-shaft agitators, mixing heavy pastes, Construction
American establishment California Olive Ranch has acquired Italian extra virgin olive oils producer Lucini Italia from Molinos USA for an undisclosed amount. Molinos USA, however, retains a significant minority share in the combined ...
Tags: sauce, vinaigrette, vinegar categories, Agriculture
Cargill India is set to commence production at its INR5bn ($78.8m) maize milling unit in Karnataka in June 2015. The plant, which is said to be the company's first maize unit in India, will be capable of processing around 800 tonnes of ...
Tags: bakery, confectionery, snacks, beverage, Agriculture
Saudi Arabia-based food producing firm Savola Group has agreed to sell its packaging unit Savola Packaging group to Takween for $242.46m (910m Saudi Riyals). The complete purchase price will be financed through a syndicate of Saudi banks, ...
Tags: plastic containers, barrels, bottles, covers, Agriculture
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...
The Nigerian government has approved a policy which aims to revive the country’s ailing textile and garment industry. The policy is a part of the National Industry Revolution Plan (NIRP) which covers the whole textile value chain, ...
Tags: funding and energy, smuggling, Textile