Ashland Specialty Ingredients, a commercial unit of Ashland Inc., today said it will increase the price of its phosphate ester specialty surfactants to the coatings industry by 5 percent effective October 1, 2013, or as contracts allow. The ...
The outlook for coatings producers in Europe has suddenly brightened after prospects for higher sales and profits appeared to be gloomy earlier in the year. The financial results of some leading players among coatings producers and raw ...
Tags: Construction, Coatings
Ahlstrom is increasing prices in the fourth quarter of 2013 for its filtration materials globally. Ahlstrom says that the price increases will be made to compensate for the continued rise in raw material costs such as speciality pulps, ...
It's reported that Feng Hsin, one of the major wire rod makers in Taiwan announced to remain its 209 wire rod prices unchanged on September 2nd. Although Feng Hsin hiked its rebar and scrap price by NT$200/ton for this week, the company ...
Tags: Wire Rod, Construction
As of August 27, inventory of iron ore at 25 major Chinese ports amounted to 73.431 million mt, indicating an increase of 1.866 million mt or 2.6 percent week on week, as announced by China's Xinhua News Agency on August 27. As of the ...
Tags: Iron Ore, Chinese Ports
Middle East Rating and Investors Service (MERIS) has announced that it has downgraded the credit rating of Egypt-based steelmaker Ezz Steel to B+ from BB+, with the outlook being negative. According to MERIS, Ezz Steel is facing critical ...
Tags: Steel's Rating
Cosmetic companies are making slow progress in reducing their packaging footprints. Although the cosmetics industry has become preoccupied with green initiatives, few steps have been made to tackle the environmental impact of packaging. ...
Tags: Cosmetic, Cosmetic Packaging, Printing
On August 14, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced that in the first seven months this year its costs for purchases of steelmaking raw materials indicated an 11.92 percent ...
Tags: Steelmaking Raw Material
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
According to Voice of China “peak evening news” reported today, “the new EU Toy Safety Directive” into effect. The EU is the world’s second largest after the U.S. toy consumer market, while the EU market, more ...
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
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
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
OMNOVA Solutions Inc. announced income from continuing operations of $2.6 million, or $0.06 per diluted share, for the second quarter ending May 31, 2013. Net income for the second quarter was $2.9 million or $0.06 per diluted share. ...
Tags: Omnova Solutions, Q2
Hollingsworth & Vose has announced price increases for its filtration media products used in the engine and transportation industries and other selected filtration media. The price increases are due to rising raw material costs, ...