According to data released by the three largest economy contraction yesterday,encumbered by the weak manufacturing in Germany, France and Italy, the eurozone manufacturing purchasing managers' index (PMI) November final value fell to 50.1, ...
Tags: Manufacturing PMI
Evonik Industries has announced a global price increase for the product group VESTAMIN up to nine percent, effective January 1st, 2015. This increase will apply to all orders shipped on or after this date and as contracts allow. "This ...
Tags: Evonik, Prices, Construction
With a Labor Government elected in the State of Victoria over the weekend, the major supermarkets may be seeing opportunities to move into new business sectors, if Labor implements some of its election promises. Last week Victorian ...
Tags: supermarkets, medical advice, Agriculture
The US sheet steel market remained stable but sluggish Monday as buyers sought price direction following last week's Thanksgiving holiday. One buyer said he believes the hot-rolled base price is at or close to bottom at about $630/st. ...
Tags: sheet steel, hot-rolled base, Mineral
LED packaging service provider Everlight Electronics has obtained orders for 3014 packaged mid- and low-power LED chips for lighting from Philips, with shipments to begin in 2015, according to industry sources. Philips chose two ...
Tags: Philips, LED Lighting, Lights
Austria based, Lenzing said looking at the challenging conditions, it will not undertake any new expansion projects at any of its viscose staple fibre (VSF) production sites across the world. Although Lenzing continues to anticipate good ...
Tags: viscose staple fibre, Textile
Global in 2015 will double those in 2014, but the corresponding production value will increase only 30% due to estimated price drops of 30-35%, according to Taiwan-based supply chain makers. Europe will account for 23% of the global LED ...
Tags: LED lighting, shipments, Lights
U.S. jewelry and watch sales combined fell 0.6 percent year on year to $5.461 billion in October, according to preliminary estimates by Rapaport News. While the data is subject to several revisions, it currently marks the first monthly drop ...
Believe it or not, the fourth quarter is traditionally a slow period for the diamond trade. That may be a stark realization for some, especially on the eve of Thanksgiving weekend that signals the start of the Christmas shopping season. ...
Tags: diamond trade, Arts
The volatile movements in New York cotton futures discouraged spinning yarn producers from entering in to long term contracts. “Aside from a few deals in extra-long staple varieties, mills continued to adopt the wait-and-watch ...
Tags: spinning yarn, Cotton Futures, Textile
All India seed cotton arrivals have picked up to approximately 100,000 bales per day and the quality is good in all the states, informs the fortnightly report from the Indian Cotton Federation. At the moment and there is not much of ...
Tags: Seed Cotton, cotton crop, Textile
Speakers at the 9th Annual Forum of the Gulf Petrochemicals and Chemicals Association (GPCA) stressed on the fact that the Gulf Cooperation Council (GCC) petrochemicals sector has to leverage opportunities in order to overcome challenges ...
Mercedes-Benz has launched the updated version of B-Class Sports Tourer. "For the best of what's coming up" - so says the advertising slogan for the new B-Class. The market launch of the new model will shortly no longer be one of the ...
Tags: B-Class Sports Tourer, Auto
Worldwide PC shipments are expected to fall by 2.7% in 2014, an improvement from the previous forecast of negative 3.7%, according to the IDC Worldwide Quarterly PC Tracker. Although third-quarter results were a few points ahead of forecast ...
Tags: PC shipments, tablet
Are tire sales advertised on Black Friday good deals or not? To find out, you need to know the specifics of what is being offered. Modern Tire Dealer Editor Bob Ulrich decided to do that for you. In his latest blog, he checks out the ...
Tags: tire sales, Black Friday, Auto