Integrated Bagging Systems (IBS), a unit of Inteplast Group, has expanded its product range with the introduction of new Get Reddi double zipper reclosable food storage bags. The new Get Reddi range includes Regular Sandwich, Quart, ...
Land O’Lakes announced third quarter financial results, reporting net sales of $2.62bn and net earnings of $8.2m for the quarter ending Sept. 30, 2015 Year-to-date net earnings were $188 million on sales of $9.74 billion. Net ...
Tags: Land O'Lakes, Animal feed
Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
Sonoco-Alcore has announced it will raise prices for coreboard tubes and cores in the range of 6% to 8% throughout Europe, including the United Kingdom, effective with shipments on or after16 November 2015. Sonoco-Alcore Europe tubes and ...
Tags: Sonoco-Alcore, Coreboard Tube
Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
Asian propylene term contract discussions for 2016 are likely to conclude at larger discounts than this year due to an increase in supply in the region, market sources said this week. A source at a producer in South Korea estimated the ...
Tags: propylene, spot market
The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
US ethylene contacts for October settled 0.25 cent/lb lower, with the month's net transaction price at 28.25 cents/lb, market sources said Wednesday. The decrease puts contract prices at their lowest level since the 27.75 cents/lb seen in ...
The strike by pilots and tugs in the Greek port of Piraeus was extended by another 48 hours Wednesday, which kept barge loadings from refineries suspended for the third consecutive day. "Until further notice, the strike continues today ...
Tags: high sulfur fuel oil, gasoil, refiner
Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
The world's largest wind turbine maker, Denmark-based Vestas', third- quarter results on Thursday were boosted by strong orders for its turbines as analysts reported the group was obtaining higher prices for its products. Vestas CEO ...
Tags: wind turbine, Vestas
Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues
Rollouts of new smartphone models will stimulate demand for mobile DRAM memory in the fourth quarter of 2015, with the chip prices falling at a slower pace, according to DRAMeXchange. With the peak season for smartphone shipments ...
Tags: 4Q15, DRAM, mobile DRAM, SK Hynix
Manufacturer and consumer demand for Ultra HD (4K) TVs remains strong, including 4K TV, wide viewing angle (WCG), high dynamic range (HDR) and other high-definition picture performance improvements. Despite overall sluggishness in LCD TV ...
October average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market decreased 9.7% on month to CNY29.8 (US$4.7), while that for 9W models (equivalent to 60W incandescent ones) rose 1.9% to CNY36.9, ...
Tags: China market, DIGITIMES, Digitimes Research