Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments. Mullen’s Q2 revenue was $310.3 ...
Tags: Mullen Group, Capital Spending
On July 18, SINOTRUK Hohhot Branch delivers HOWO LNG trucks to Inner Mongolia Kunlun Energy Co., Ltd. These trucks are mainly used for transporting liquefied natural gas. SINOTRUK HOWO Over recent years, many diesel trucks users are ...
A nine-speed automatic transmission introduced in Germany in the Mercedes-Benz E350 BlueTec is likely to reach the local E-Class range in 2014. As reported by the UK’s Autocar, Mercedes-Benz quietly replaced the current seven-speed ...
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
US Senate Commerce Committee Chairman Jay Rockefeller has asked the General Accountability Office to examine the impact of shale oil and gas development on pipelines, rail and other transportation infrastructure and safety, in light of the ...
Global packaging company Sonoco has summarized sustainability progress in its latest 2012-2013 corporate responsibility report. Sonoco president and CEO Jack Sanders said the company is developing a new $75m biomass cogeneration system at ...
Tags: packaging company, Sonoco
Wärtsilä, the marine industry's leading solutions and services provider, has been awarded an important retrofitting contract by the German shipyard, BVT - Brenn - und Verformungstechnik Bremen GmbH. The project entails converting ...
Tags: Transportation, Service
India and Iraq have expressed keen interest in setting up refineries and petrochemical plants in Iraq. According to an official statement issued in New Delhi, Union Minister for Petroleum and Natural Gas M Veerappa Moily led a ...
Tags: Petrochemical Plants, Textile
Indonesia’s largest petrochemical firm PT Chandra Asri and German company Ferrostaal Industrial Projects GmbH have signed an agreement to set up a methanol-based olefin production complex in Indonesian province of West Papua. ...
Tags: Chandra Asri, Ferrostaal Ink, PP, Ethylene
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, according to a PPG press release. “We achieved new sales and adjusted earnings records due to the continued strong ...
Tags: Glass Segment, Construction
PPG Industries reported record second-quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, but company glass sales dipped in what chairman and chief executive officer Charles E. Bunch calls a ...
The Volkswagen Taigun sub-compact SUV is set to enter production, according to the latest reports. Volkswagen?sources revealed to Autoweek that the German manufacturer planned to produce the all-new front-wheel-drive model based on the ...
Tags: auto, car, Transportation, SUV
It's reported that Saudi Steel Pipe Company (SSP), Saudi Arabia's premier manufacturer of high frequency induction welded steel pipe said that it has been awarded two contracts worth of SSR 250 million for the supply of OCTG steel pipes to ...
Tags: Steel Pipe, Construction
Ukrainian privately owned utility DTEK has started importing natural gas from Europe into Ukraine and plans to import up to 100 million cubic meters of gas in July, the company said Thursday. DTEK Trading, the Switzerland-based trading ...
Tags: Natural Gas Imports, DTEK