It’s reported that Korean steelmaker Hyundai Steel announced to raise its rebar prices by KRW20,000/ton from August 14th, in order to reflect higher raw material costs, increase steel longs prices and tight supply. It’s ...
Tags: Hyundai Steel, Rebar Prices
GranBio, a Brazilian biotechnology company, and Rhodia, a Solvay Group company, have signed an agreement to create a partnership to produce bio n-butanol. Bio n-butanol is made from sugar cane straw and bagasse, the same raw material that ...
Tags: Granbio, Renewable Chemicals
Germany-based steelmaker Salzgitter Group has announced a further downward revision of its guidance for 2013 given the persisting structural crisis in the European steel industry. The company said that the direct and indirect consequences ...
Tags: Salzgitter, steelmaker
Bursa-based Turkish steelmaker Cemtas Celik Makina Sanayi ve Ticaret A.S (Cemtas) has announced its financial results for the second quarter and the first half of 2013. Cemtas has reported a net profit of almost TRY 4 million ($2.07 ...
Tags: steelmaker, Cemtas
Braskem announces results for the second quarter. Net Revenue In 2Q13, Braskem’s consolidated net revenue was US$4.6 billion, similar to the previous quarter. In Brazilian real, net revenue amounted to R$9.5 billion, increasing 2% ...
Tags: Petrochemical
The Government of Brazil has temporarily reduced the import tariff on polyester partially oriented yarn (POY) to 2 percent due to shortage of the product. POY with NCM code 5402.46.00 is an intermediate filament used as a raw material ...
Tags: Import Tariff, Polyester POY
Evolving Methodologies: In the past 10 years packaging machine industry has seen a great shift and globally every big and small industry is adapting to the same. Packaging industry has seen an enormous growth in various industries ...
The handloom industry is one of the industries which uses labour intensive techniques. The total number of people currently employed in this sector/industry is 43.32 lakhs as per the census of 2009-10. Handloom weaving constitutes one of ...
Industrial Production Operation in July 2013 National Bureau of Statistics of China 2013-08-09 15:38:20 In July 2013, the total value added of the industrial enterprises above designated size was up by 9.7 percent year-on-year (the ...
The production of paraxylene, a key raw material needed for production of polyester fabrics, is getting stagnated in China, as new projects are getting derailed, which may affect the textile companies that use PX as a raw material. ...
Tags: Chinese Textile Firms, paraxylene
Global demand for precursor, a material used in manufacturing of light-emitting diodes (LEDs), is set to more than double from 2012 to 2016, as the market for LED lighting booms, according to a new report entitled “Precursor for LED ...
Tags: Key Raw Material, LED Market
Cooper Tire & Rubber Co. posted net income of $35 million on net sales of $884 million for its second quarter ended June 30, 2013. That compares to net income of $52 million on net sales of $1 billion for the same period last year. ...
Tags: Cooper Tire, Auto Parts
Piramal Glass, a cosmetics and perfumes glass manufacturing major reported over two-fold jump in consolidated net profit to Rs 25.77 crore for the first quarter ended June 30, 2013, helped by forex gains. Consolidated net sales of the ...
Tags: Construction, Glass
Mohawk Group is pleased to announce that the organization has issued its first Environmental Product Declaration (EPD) for its EcoFlex ICT modular commercial floor covering. EPDs present relevant environmental information about specific ...
Tags: Construction, Decoration, Premium Modular Backing System
The National Tariff Commission of Pakistan, which had initiated anti-dumping investigation in June 2012 against the PSF import from China, has declared not to impose this duty on import of Polyester Staple Fibre from China, as the domestic ...
Tags: Anti-Dumping Duty, PSF Import