State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product
The US economy will be slightly stronger this year than last, but freight growth will weaken. That’s the prediction of industry forecaster FTR, which today held a Webinar entitled State of Freight: Trucking Outlook for an Uncertain ...
Tags: truck pricing, Transportation
The US Department of Commerce announced Friday that it has initiated antidumping and countervailing duty investigations of imports of carbon and certain alloy steel wire rod from China. Estimated dumping margins have been set at ...
The UK’s University of Leeds has fabricated what is claimed to be the world’s most powerful terahertz (THz) laser chip, exceeding 1 Watt output power from a quantum cascade laser (QCL) (Lianhe Li et al, ‘Terahertz quantum ...
Tags: Laser Chip, Electronics
With the FBM-B 3100, Flux-Ger?te presents the world s first brushless battery motor for pumps. The motor is designed for the small sealless Combiflux drum pump. In combination with the pump, the motor provides a delivery rate which is ...
Tags: Drive Pumps, Pumps, Processing Machinery
Driven by both growth in the IT and lighting sectors, in 2013 South Korean LED maker Seoul Semiconductor Co Ltd surpassed 1 trillion Korean Won in annual revenue for the first time, reaching a record 1.0321 trillion Korean Won (up 20% on ...
Tags: LED Lighting, Semiconductor
For 2013, Rexam posted a 1% rise in sales to £3.9bn. Underlying profit before tax was up 4% to £372m. The group also hit 15.5% return on capital employed (ROCE), up on the 14.5% in 2012. Rexam’s total dividend is up 14% to ...
The top three most popular truck tire sizes in 2013 were the same as they were in 2012. And 2011. And 2010. And.... Well, you get the picture. According to the preliminary edition of the Rubber Manufacturers Association (RMA) 2014 ...
Tags: Truck Tire, Auto Parts
On a rooftop in the Bronx far from the skyscrapers of Manhattan, 4,760 panels soak up the winter rays. Welcome to the solar power boom in New York state. Robert Kline, director of commercial sales for the Ross Solar Group that installed ...
Tags: Consumer Electronics, Electronics
Acuity Brands, Inc., a market leader in innovative energy-efficient lighting solutions, announced today the introduction of the ECOdrive® family of LED drivers from eldoLED® and its launch to the OEM market. The driver family is ...
Tags: LED Driver, Acuity Brands
Robotics are moving up the production line and bringing with them increased safety and productivity benefits. Shifts in robotics use are reported in a newly released business intelligence study from US trade association for packaging and ...
Tags: Electrical, Electronics, Robotics
Taiwan exported US$1.5 billion worth of machinery in January, down 4.4% from the same month of 2013 due chiefly to a 31.1% decline in exports to mainland China, the biggest overseas market for the island's machinery. The Taiwan ...
South Korean automobile manufacturer Kia Motors has issued a voluntary recall of 11,961 Kia Sportage vehicles of certain model year 2014 in the US due to issue with the tire pressure information. The recall affected vehicles feature ...
Tags: Kia Motors, Sportage Vehicles
US crude stocks rose 1 million barrels last week, just over half of what analysts were expecting, as a drop in refinery run rates was partly offset by a decrease in US imports, according to data released Thursday by the US Energy ...
Tags: Crude Stocks, Chemicals
China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...
Tags: Curbing Demand, Tax Change