US methanol distributor Southern Chemical cut its domestic May methanol contract by 10 cents to $1.70/gal FOB US Gulf, the company said Thursday in a letter to customers. The decrease follows an 11-cent drop, to $1.80/gal FOB US Gulf, in ...
Tags: Methanol, Southern Chemical
Weekly coal carloads increased substantially in both the US and Canada for the week ending April 19, compared to a year ago, as warmer weather and increased production sparked renewed efforts to restock utilities with low stockpiles. US ...
Tags: coke, coal production
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
For first-quarter 2014, Hittite Microwave Corp of Chelmsford, MA, USA (which designs and supplies analog, digital and mixed-signal RF, microwave and millimeter-wave ICs, modules and subsystems as well as instrumentation) has reported record ...
Tags: Electrical, Electronics
Since the worldwide structural shift in the textile industry, only a handful of companies remain in the former textiles heartland of the Swabian Alb. One of these companies is the Albstadt-based underwear manufacturer Comazo GmbH + Co. KG, ...
Tags: Apparel
Eight billion people will use smartphones and 100 billion terminals will be interconnected via the internet by 2025, according to Chinese ICT multinational Huawei. This is an eight-fold increase in the number of smartphone users – ...
Tags: Computer Products, Huawei, Smartphone
Finland-based steelmaker Ruukki has issued its financial results for the first quarter of the current year, stating that it expects demand for steel to pick up slightly in 2014. Nevertheless, demand growth will continue to be limited by ...
Tags: Steel Demand, Ruukki
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Wednesday that the US imported a total of 3,219,000 net tons (nt) of steel in March, including 2,425,000 nt of finished steel (down 2.0 percent ...
Tags: Steel Imports, finished steel
Vivergo, the UK's largest ethanol producer by capacity, said Wednesday that profitability at its 420,000 cubic meter/year (111 million gallon/year) plant at Hull in northeast England has been "adversely affected" by the lowest spot prices ...
Cytec Industries Inc. announced net earnings for the first quarter of 2014 of $55.9 million or $1.52 per diluted share on net sales of $489 million. Included in the quarter for continuing operations is a special item in the amount of $3.8 ...
Tags: Cytec, Aerospace Materials
Australia's largest food relief agency Foodbank Australia has announced that its Board of Directors has appointed Jason Hincks as Chief Executive Officer effective 28 April 2014. Hincks joins Foodbank Australia from the highly successful ...
Tags: Agriculture, Food
Latin America's trade deficit with Turkey increased by 55 percent in 2013, mainly due to a drop in the revenues generated by raw material exports and ongoing high levels of finished steel imports from Turkey, according to Alacero, the Latin ...
Tags: trade deficit, finished steel
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2013 according to International Financial Reporting Standards (IFRS). In 2013, MMK saw a net loss of $2.429 billion compared to a net ...
Tags: steel producer, Steel Works
PPG Industries reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 ...
Tags: PPG, Construction, Decoration
A long-running battle in the global photovoltaic (PV) market between the US and China over anti-dumping and subsidy charges could expand into higher solar costs, with wide-ranging ramifications for the US if punitive tariffs are levied on ...