The International Energy Agency said Thursday OPEC would need to boost its output in the third quarter by some 900,000 b/d from April's level to meet rising global demand, and warned that OECD oil stocks remained tight by historical ...
Tags: OPEC, oil supply
South Korea's state-owned Korea Gas Corp imported 12.61 million mt of LNG in the first quarter, up 0.5% from 12.55 million mt a year earlier, the company said in a statement Wednesday. All of the volumes were imported under long-term ...
Tags: LNG Imports, LNG
Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a contract to build a large gas chemical complex for State Concern “Turkmengas”, in collaboration with Hyundai Engineering Co., Ltd., ...
Russia's Rusal produced 883,000 mt of aluminum in the first quarter of 2014, down 12.3% year on year, mainly due to output cuts and mothballed production at certain smelters in Europe and the Urals, the company said Tuesday. Value added ...
Sidel, a global provider of liquid packaging solutions, has announced that it was awarded a major project in Ikeja, Nigeria, by the Nigerian Bottling Company, a member of the Coca-Cola HBC, one of the world’s largest bottlers of ...
Tags: Sidel, Coca-Cola Contracts
Based on the US Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...
Yokohama Rubber Co. Ltd. posted net income of 6.5 billion yen on net sales of 139.9 billion yen for its first quarter ended March 31, 2014. That compares to income of 5.6 billon yen on sales of more than 127.6 billion yen for 1Q 2013. ...
Tags: Tire, Tyre, auto parts
German plantmaker SMS Meer has announced that Russia-based Evraz ZSMK Novokuznetsk has commissioned a new universal mill for rails and sections supplied by SMS Meer. The new mill produces among others 100 meter-long rails for high-speed ...
Tags: Universal Mill, Evraz ZSMK
Shale gas regulations should be streamlined and the government should lend its weight to industry attempts at producing gas through hydraulic fracturing, the Economic Affairs Committee of the UK's upper house of parliament said. Launching ...
Tags: Shale gas, Energy security
LNG volumes coming on stream from countries including the US and Australia in the next few years could lead to a progressive convergence of global gas prices and more LNG imports into Europe as well as the Far East, US Energy Secretary ...
Tags: LNG Exports, LNG market
Toyo Tire & Rubber Co. Ltd. recorded net income of nearly 9.1 billion yen on net sales of 96 billion yen for its first quarter ended March 31, 2014. That compares to income of 4.2 billion yen on sales of 83.5 billion yen for the same period ...
Tags: Auto Parts, Accessories, Tire, Tyre
In the first quarter this year, Russia's ferrous metal export volume increased by 44.3 percent year on year, according to the State Statistics Committee of Russia (Russtat). In terms of value, the exports rose by 32.6 percent year on year. ...
Tags: Ferrous Metal, semi-finished goods
Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that Fitch Ratings has upgraded the company's long-term Issuer Default Rating (IDR) from ‘BB-' to ‘BB' with a stable ...
Tags: iron ore, briquetted iron
Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of ...
Tags: Adidas, First-Quarter Profit
GIA announced the release of a comprehensive global report on Defoamers markets. Global market for Defoamers is forecast to reach $3.9 billion by 2020, driven by resurgence in demand from end-use markets, and stringent environmental ...
Tags: Global Market, Defoamers