SCOR Global Life Americas has appointed Francisco de Toledo Neto as the new president of its Brazilian operations, SCOR Life Brazil, to tap the growing business opportunity of life-health reinsurance market in the country. Toledo joins ...
Tags: life health reinsurance market, reinsurance market, primary insurers
In 2012, Brazil's crude steel output fell 1.5 percent compared to 2011 to 34.7 million metric tons, according to the Brazil Steel Institute (IABr). In 2011, Brazilian crude steel output had increased by 6.8 percent on year-on-year basis. ...
According to the latest data released by the Brazilian Institute of Non-ferrous Metals (ICZ), the country's nickel production, which was 43,136 mt in 2011, amounted to 66,272 mt in 2012, up 53.6 percent year on year. In 2012, Brazil ...
Tags: nickel exports, nickel, nickel output
Colombian Minas Paz del Río (PDR), a subsidiary of Brazilian steelmaker Votorantim Siderurgia, plans to make investments to increase met coal output. The company extended two contracts with Colombia's mining and energy ministry and ...
Tags: PDR, steelmaker, Votorantim Siderurgia, coal
The Brazilian steelmakers predicted that the input costs would decrease in 2013 and the fierce price competition against the imports of steel products may be released, helping the Brazilian steel enterprises to decrease loss made in 2012. ...
Tags: Brazil, steelmakers, input costs, 2013
According to German media reported on Saturday (January 12), Europe's largest car manufacturer Volkswagen Group (VW) had to recall up to 400,000 vehicles in the Brazilian market. According to report, the court has ordered the Volkswagen ...
Tags: Volkswagen, recall, Brazilian market
The new P-63 Floating Production Storage and Offloading (FPSO) vessel featuring Wärtsilä 50DF dual-fuel engines, the first such ship to utilize gas engines to produce more than 100 MWe of power, has successfully completed all the ...
Tags: FPSO, Wartsila, full load tests, Groundbreaking
It’s reported that Vallourec, France-based global manufacturer of pipes and tubes has signed a new OCTG contract of 5 years with Brazilian national oil company Petrobras in order to meet and supply tubular products for the oil & gas ...
Tags: France, pipes, tubes, OCTG contract, Vallourec, Petrobras
It’s reported that several steelmakers in Brazil have recently announced to raise the steel selling prices in January as the surged prices of iron ore and coking coals have boosted the input costs. It’s known that the selling ...
Tags: Brazil, steel, selling prices, iron ore, coking coals
Global news reports Wednesday indicated that steelmaking giant ArcelorMittal submitted a bid to purchase ThyssenKrupp AG's Calvert, Alabama flat rolled mill. The reports cited ArcelorMittal CFO Aditya Mittal during a conference call ...
Scholle Packaging has announced the acquisition of controlling interest in the assets of the Brazilian packaging manufacturer Flexpack. According to Scholle, Flexpack will continue to design, manufacture, and provide flexible packaging ...
Tags: Scholle Packaging, acquisition, Brazilian packaging manufacturer
Brazilians meat firm JBS expects to complete the acquisition of key XL Foods assets within a week, and is seeking regulatory approval to handle the stricken Canadian group's US operations. JBS said today (10 January) it expects to ...
Tags: Brazil, JBS, meat firm, acquisition, XL Foods
Brazil's motor vehicle output in 2012 decreased by 1.9 percent compared to 2011 to 3,342,617 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Of the total motor vehicle output, the country's passenger car ...
Tags: Brazil, motor vehicle, output, 2012
Since April this year at Brazilian cabinet furniture manufacturer Unicasa Indústria de Móveis,a company listed on the stock exchange,the decline in turnover which already began in the second quarter of 2012 has further ...
France-based pipe manufacturer Vallourec has announced that it has renewed its main frame agreement with Brazilian national oil company Petrobras. Accordingly, Vallourec's Brazilian subsidiary V & M do BRASIL and Petrobras have signed a ...
Tags: Petrobras, OCTG, oil company, oil