MNA reported that Iran exported USD 2.12 billion worth of technical and engineering services in the first 7 months of the current Iranian calendar year which began on March 20. During the same period of time, USD 19.7 billion worth of non ...
Tags: price oil, kuwait oil fields, iran sanctions oil, engineering
Bloomberg reported that Aluminium Corporation of China Limited is seeking to tap bauxite resources and build processing plants abroad after Indonesia the largest supplier to China, curbed exports. Mr Luo Jianchuan president of Chalca said ...
Tags: iron ore price news, aluminium frames, mining, alumina
Business Line reported that TATA Motors is looking to source more auto components from Korea that are both good in quality and more cost effective than those imported from the US, Europe and Japan. Mr SB Borwankar executive director of ...
Tags: Business Line, TATA Motors, auto components, auto parts
Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...
Tags: copper market, copper price, global economy
A fall in production has hit half-year profits at UK-listed palm oil processor New Britain Palm Oil. CEO Nick Thompson said heavy rain made it harder to collect and transport fresh fruit bunches. The wet weather also meant the fruit ...
Tags: oil process, profits, New Britain Palm Oil, production fall
First Solar Inc of Tempe, AZ, USA, which manufactures thin-film photovoltaic (PV) modules based on cadmium telluride (CdTe) as well as providing engineering, procurement and construction (EPC) services, and PT Pembangkitan Jawa Bali ...
Tags: First Solar, PJB, Indonesia, utility-scale solar power
World demand for protective packaging is forecast to increase 6.3 percent per year to$24.5 billion in 2016,according to a new report titled World Protective Packaging,a new study from The Freedonia Group,Inc.,a Cleveland-based industry ...
Tags: Demand, Protective, Packaging
ASEAN steel consumption increased continuously at a compound growth rate of 10% from 1998 to 2011. Production surged by CAGR 6.4% while import rose by 8.4% during the same period. ASEAN has become a net importer of steel with net import ...
China’s manufacturing expanded for the first time in 13 months in November according to a closely watched index of purchasing managers released but troubles in the aluminum industry the most widely used metal in transportation, ...
The Indonesian state-owned oil and natural gas corporation Pertamina has signed a memorandum of understanding(MoU)with the Japanese multinational corporation Mitsubishi to establish an integrated petrochemical unit in Indonesia.The ...
Tags: Pertamina, Mitsubishi, unit
India's CRI Pumps Pvt Ltd has signed a business transfer agreement with Pumps & Process Systems Ltd to acquire the Glasgow, UK-based company's pumping solutions operations. This agreement will expand CRI Pumps’ industrial pumping ...
An employee works in a ferronickel smelter owned by state miner Aneka Tambang in the Pomala district in Indonesia's South Sulawesi province. The country accounts for roughly 7% of the world's total nickel mine output. Picture: REUTERS ...
Tags: nickel, copper mining news, jobs in mining, scrap metal prices
Making business easier was what this year’s Australian International Sourcing Fair (AISF), co-located with the China Chamber of Clothing & Textiles Expo was all about? Bigger than ever before with more products in each category and ...
According to the OECD's latest Economic Outlook,the global economy is expected to make a hesitant and uneven recovery over the coming two years.Decisive policy action is needed to ensure that stalemate over fiscal policy in the United ...
Tags: fiscal cliff, labour markets, recession, OECD
Nestle UK and Ireland has said it will double its commitment to Fairtrade by gaining certification for its two-fingered Kit Kat brand from January. Nestle's four-finger Kit Kit has been using Fairtrade cocoa since 2010, but this latest ...
Tags: Nestle, Fairtrade, Kit Kat brand, chocolate biscuit