Profits earned by steelmakers in China's Hebei province in 2012 amounted to RMB 85.06/mt ($13.6/mt), far exceeding the average profit of RMB 2.68/mt ($0.43/mt) of medium and large steelmakers in China, as announced by provincial government ...
Tags: Steelmakers, Steel, steel exports
DAK Americas and Nan Ya Plastics intend to raise polyethylene terephthalate prices for March by 2 cents/lb, according to a pair of letters obtained Tuesday by Platts. Both companies cited higher raw materials costs as the reason for the ...
Tags: polyethylene terephthalate prices, PTA, PET
Switzerland is one of the smallest countries in Europe and has very high living costs compared to other nations around the world. Yet, the country is not a member of the European Union (EU). Switzerland has no direct access to the sea, and ...
Tags: Switzerland, Enigma, economy
Tosoh Corporation is pleased to announce its consolidated results for the first nine months of its 2013 fiscal year. The company’s consolidated net sales for the period ended December 31, 2012, amounted to ¥474.4 billion (US$5.9 ...
Tags: Tosoh Corporation, 2013, fiscal year
NGC announced that Mark Burstein, president of sales, marketing and R&D for NGC, was named a winner of the Supply & Demand Chain Executive 2013 "Pros to Know" awards. Now in its 13th year, the annual Pros to Know awards recognize supply ...
Tags: NGC, Mark Burstein, R&D
French dairy firm Danone has announced plans to cut 900 jobs in Europe over a period of two years, in response to weak sales in the continent. For the full year 2012, the company's sales totalled €20.1bn, up 5.4% compared to the ...
Tags: dairy firm, Danone, jobs
Pittsburgh-based safety equipment manufacturer MSA, the largest producer of industrial hard hats in North America and other regions, continually looks for ways to innovate and improve a product worn every day by construction workers, ...
Tags: Sugarcane Hard Hat, Benefits, MSA
The latest freight rate indications as issued by Banchero Costa are as follows: Products: - 15,000-20,000 mt from the Black Sea approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt approx. $16.5-17.5/mt FIO to Italy ...
Tags: Raw materials, Raw materials price, Freight Rate Indications
Europe is failing to manage its resources sustainably, unnecessarily sending valuable materials to incineration and landfill, according to a report published by Friends of the Earth Europe. The European Union currently landfills and ...
Tags: Europe, Recycles, Textile Waste
The Organic Content Standard (OCS) is a new chain of custody standard to track certified organically grown raw materials through the supply chain through the use of scope certificate and transaction certificates, all verified by an ...
German retailer Tengelmann, together with its US subsidiary Emil Capital Partners, has acquired a shareholding in chocolate maker Tcho. The retail group has also bought a stake in VariBlend Dual Dispensing Systems, which makes containers ...
Tags: Tengelmann, Emil Capital Partners, Tcho
Around the world almost without exception in the hollow glass field, cullet is used to supplement raw materials in the batch. In fact nearly all modern furnaces require cullet to be present in order to function at all. Cullet is therefore ...
Tags: Cullet Quality, glass field, glass market
The Kingdom of Saudi Arabia has a huge petrochemical industry, but it has not translated into growth of downstream textile industry in the country. By 2015, the overall output of Saudi petrochemical industry is likely to cross 80 ...
Tags: Saudi Arabia, petrochemical industry, textile industry
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp.has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1 billion), in a first phase of short-term bond issuance for the current year. The ...
Tags: steelmaker, short term bonds, iron ore
BÜCHI Labortechnik AG, a leading supplier in key technologies for laboratory equipment, expands its worldwide presence with the opening of the new Moscow office. To enlarge its presence is the consequence of the emerging markets ...