State-owned PetroVietnam and Rosneft are expected to sign two upstream pacts and a crude oil sales deal during Russian President Vladimir Putin to Vietnam early next month, PetroVietnam said Wednesday. One is to do with PetroVietnam's ...
Tags: Metallurgy, Mineral, Energy, crude oil, Oil
Turkey has increased its import duty for stainless steel cold rolled flat products from two percent to eight percent, effective immediately, for all countries except the European Union and South Korea with which Turkey has signed free trade ...
Tags: Stainless CRC, stainless steel cold rolled flat, Metallurgy, Mineral
LG Electronics Materials and Components Laboratory in South Korea has used aluminium gallium nitride (AlGaN) superlattice structures (SLs) to improve lateral current spreading from the n-side of nitride semiconductor light-emitting diodes ...
Tags: Nitride LEDs, Light
The country's largest flat-rolled alloy steel producer, Wuhan Iron and Steel (Group) Corp, said Sunday that it will respond in a proactive manner to an anti-dumping investigation launched Friday by the US Commerce Department. Xinhua News ...
Tags: Steel Firm, US Probe
Taiwan's Formosa Petrochemical Corp. is expected to continue using LPG as alternative feedstock at its steam crackers until after November when it will switch to fully using naphtha, an industry source said Friday. The plan comes as prices ...
Tags: Steam Cracker, Formosa
South Korea-based insurance conglomerate Hanwha Life has forayed into Indonesian insurance market with a strategy to gain 1.5% share of the country’s insurance market. The expansion follows the acquisition of 80% stake of PT ...
Tags: insurance, Hanwha Life, Insurance Market
South Korean automaker Hyundai Motor is set to introduce its new Genesis sedan in Europe in 2014. The automotive giant along with Kia Motors Corp, will introduce the car in South Korea in November 2013, followed by rollouts in the US and ...
South Korea's LG Electronics unveiled a curved smartphone on Monday to catch its rival Samsung Electronics. Curved displays and flexible screens have become the new battleground for phone manufacturers because those screens are likely to ...
Tags: LG Electronics, Curved Smartphone
Samsung LNG carriers powered and propelled by GE Power Conversion Friday, Oct 25, 2013 Liquefied natural gas (LNG) is one of the fastest growing energy markets worldwide, and global production capacity could be more than double by the end ...
Tags: Samsung LNG, GE Power Conversion
China still led the fast growth of steel output in September compared with other producers in the world, according to figures released by World Steel Association on Monday. China's crude steel production for September was 65.4 million ...
Tags: Steel Production, Crude Steel
Dufry has in recent quarters substantially expanded its footprint in Asia and has now added further concessions in South Korea and China. Including these latest contract wins, Dufry will have a presence in 14 locations in Eurasia and Asia ...
Cargotec's MacGregor wins a EUR 37 million order for 45 electric winches from Hyundai Samho Heavy Industries Thursday, Oct 24, 2013 Cargotec's MacGregor has won an order worth approximately EUR 37 million for 45 electric winches from ...
Tags: Transportation, Service, Heavy Industries
South Korean carmaker Hyundai Motor is set to recall about 27,500 Genesis sedans in the US in a move to address a potential brake issue. The move is in response to the US safety regulators announcement, which states that they will ...
Tags: Hyundai, Genesis Sedans
The exports of textiles and apparel from Indonesia is targeted to reach US$ 13 billion this year, Indonesian Textile Association (API) chairman Ade Sudrajat said while speaking to reporters recently at the Jakarta International (JI) Expo. ...
Tags: Textile Exports
Asian demand, especially by China, is exploding, but benefits to the nation are years away The global liquefied natural gas war is heating up with an increasing number of companies adding to their production capacities, driven by the ...
Tags: Natural Gas, Energy Darling