Indonesia's Newmont Nusa Tenggara was expected to reduce production at its Batu Hijau copper and gold mine around June 1, unless it is able to complete the process to secure an initial export permit from the government, the company said ...
Tags: Copper Output, PT Smelting
Turkey-based steel producer Karabük Demir Celik (Kardemir) has announced that it has signed a credit facility with Germany's KfW IPEX Bank to finance the foreign expenses regarding its special bar quality (SBQ) rolling mill investment. ...
Tags: steel producer, rolling mill
BASF and SINOPEC will build a new world-scale production plant for Neopentylglycol (NPG) at their state-of-the-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China. The plant, with a total annual capacity of about ...
Tags: BASF, polyalcohol
Austria-based voestalpine broke ground Wednesday on the construction of a EUR 550 million (US$760 million) direct reduction plant in Corpus Christi, Texas. The plant, which represents the largest foreign investment in the history of ...
Tags: voestalpine, mechanical equipment
Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...
Tags: Iron Ore, iron ore demand
Viewing that polysilicon spot market prices in the China market rose to US$25/kg in the first quarter of 2014, some China-based makers are preparing to expand production capacities. Also, some companies that stopped production during the ...
Tags: Polysilicon
German plantmaker SMS Meer has announced that it has received an order from Turkey-based steel producer Karabük Demir Celik (Kardemir) for the supply of a special bar quality (SBQ) rolling mill for the production of surface-quenched ...
Tags: plantmaker, steel producer, SBQ Mill
European coatings companies have been hoping that this year would bring a revival in their domestic markets as the European Union economies, particularly those in the eurozone, started to show signs of recovery around mid-2013. But the ...
Tags: Construction, Decoration, Coating
BASF and Sinopec today inaugurated two new plants for acrylic acid and superabsorbent polymers (SAP) at their state-of-the-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China. Additionally, a new butyl acrylate ...
Tags: Basf, Construction, Acrylic Acid, Chemicals
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Bhaskar Dutta, CEO of the Omani steel and pipe manufacturer Al Jazeera Steel, stated that rebar consumption in the GCC countries is expected to rise to 12 ...
Tags: Metallurgy, Mineral, Steel
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Group (WISCO) has signed a cooperation agreement with Zhangye municipal government in China's Gansu Province for the construction of a project which will have an annual output ...
Tags: Steel, Metallurgy, Mineral
Taiwan-based PV module makers have been expanding or will expand production capacities in 2014 to compete for orders from Japan-based clients who have adjusted their business strategies, according industry sources in Taiwan. These ...
Tags: PV Module, PV vendors
Bayer MaterialScience is increasing its production capacities in the Asia/Pacific region to meet the continued growth in demand there for raw materials for coatings and adhesives. Ground was broken at the site in Shanghai, China, recently ...
Tags: Construction, Decoration, Coatings
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
In 2014, Australia's exports of metallurgical coal are expected to increase by an estimated 2.4 percent to 174 million metric tons, according to a report by the Australian Bureau of Resources and Energy Economics (BREE). Over the period ...
Tags: Iron Ore Exports, metallurgical coal, mines