Russian steelmaker MMK's Turkey-based subsidiary MMK Metalurji has announced that its offer of a 10 percent increase in wages notified to Turkish labor union Çelik-İş has expired as of August 2. After the labor union ...
Tags: steelmaker, MMK
India's steel ministry has stated that reducing the country's iron ore export tax from the current 30 percent might negatively affect the raw material security of the domestic steel industry and, contrary to the government's view, would ...
Tags: Steel Ministry, Iron Ore Export
Ethanol processed from corn and other plants could serve as the new sustainable raw material for a huge variety of products, including textiles, which are currently made from petrochemical products. Ethanol which is further processed ...
Tags: Ethylene, Sustainable Feedstock
The global polyamide market was $22 billion in 2012 and is estimated to reach $27 billion by 2018, growing at a CAGR of 3.2% from 2013 to 2018. The high demand across the industries such as automotive industry, electrical & electronics, and ...
Tags: polyamide market, Textile
Asian Paints has announced its financial results for the first quarter ended June 30, 2013. K.B.S. Anand, Managing Director and CEO, Asian Paints Limited, stated: "The Decorative paints business in India did well considering the challenging ...
Tags: Construction, Paints
The Central Asian country of Turkmenistan is expecting to harvest around 1.05 million tons of cotton this season from an area of 550,000 hectares, mainly in Mary and Akhal provinces. Exceeding the Government’s estimates by 11 ...
It’s reported that most of the Taiwanese steel pipe makers hiked list prices by NT$500~NT$600/ton for August on July 29th in order to reflect higher input costs. In fact, the price rise of NT$500~NT$600/ton made by steel pipe ...
Tags: Steel Pipe, Mineral
From January to June, the industrial profits of enterprises above designated size achieved 2,583.66 billion yuan, an increase of 11.1 percent over the same period last year, 1.2 percentage points lower than that in the first five months. Of ...
Tags: Industrial Profits
With the rebound of steel and raw material price plus efforts to stabilize the price by Northern and Southern Europe, the rebar price began to increase in central Europe. Currently, Polish mills offer €481/ton for rebar while the ...
Tags: Rebar Price, Mineral
It’s reported that the Japanese steelmakers have hiked the prices for steel long products recently, supported by stable demand from construction industry and higher steel and raw material prices. Nippon Steel & Sumitomo Metal ...
Titan International Inc. posted net income of $23.2 million on net sales of $593.3 million for the second quarter ended June 30, 2013. That compares to income of $44 million on sales of $459.2 million for the same period last year. ...
It’s reported that Chinese steelmaker Linyuan Steel planned to pay RMB328 million to acquire a raw material plant and an oxygen plant from its parent group Lingyuan Iron and Steel Group. It’s learned that the plant produced ...
Tags: Linyuan Steel, Raw Material Plant
For the first time, SCHOTT Pharmaceutical Systems will be exhibiting at Interphex Japan as an expert on high-quality pharmaceutical tubing. With around 1,000 exhibitors, Interphex is one of the biggest trade shows worldwide for the ...
Tags: Schott, Interphex Japan
As the leading pack type globally in alcoholic drinks, retail sales of glass reached almost 200 billion units in 2012. The beer category largely determines the fortunes of glass packaging within this industry, accounting for a 74% unit ...
Tags: Glass Bottle Markets, Wine
Stirred by improving financial condition of developed countries, as global demand for petrochemical products is rising, Iran has launched or is working to launch several new projects to boost its petrochemical strength to cash in on the ...
Tags: Petrochem Projects, Textile