Reuters reported that the world's biggest gold refiner, South Africa's Rand Refinery is considering setting up a refining plant in China within 2 to 3 years joining hands with a local partner on its first such plant abroad. A senior ...
Tags: gold refine, refining plant, China, Rand Refinery
German sugar refiner and food ingredients firm Suedzucker has reported an increase in quarterly profits thanks to its sugar business. The company, one of Europe's largest sugar refiners, said its sugar unit helped drive a 43% increase in ...
Tags: Suedzucker, increase, quarterly profits, sugar business
UK sugar-to-dessert group Real Good Food Co said it is on track to meet market expectations for the current year after a "strong" start to the first-quarter. In a trading update ahead of the firm's annual general meeting today (13 ...
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel
The differentials spread between Angolan crude grades Cabinda and Dalia has reached its widest point in more than a year, as the market shuns the heavier Dalia in favor of the lighter, more popular Cabinda, market sources said Friday. On ...
Chinese bauxite supply concerns have eased recently on an ongoing rebound in shipments after having plunged in the summer on the back of export rule changes from major global bauxite producer Indonesia, importing refiners said Wednesday. ...
Tags: Led Bauxite Supply, Imports of bauxite, bauxite prices
Major issues still need to be addressed, but presuming the United States gets its fiscal house in some semblance of order, the U.S. economy could be in a transition from sluggish growth to a longer period of moderate growth, according to a ...
Tags: MAPI, GDP growth, Manufacturing production
Though London Metal Exchange prices for copper have been on a downward spiral, the sustenance in treatment and refining charges are helping metal makers to stay in a comfort zone. Hindalco Industries, for instance, reported a 29 per ...
Tags: Copper, Nonferrous Companies, London Metal Exchange, copper price
India's Cabinet Committee on Economic Affairs late Thursday announced changes to the country's ethanol policy that will enable the market to set the price and permit imports if supply falls short of enabling 5% blending into gasoline. ...
Tags: ethanol policy, India's Cabinet Committee, ethanol blending programme
Canadian pipeline operator Enbridge Monday announced plans to rail Bakken crude oil to the Philadelphia-area refining markets from 2013. Enbridge Rail will own 75% of a joint venture with Canopy Prospecting, called the Eddystone Rail ...
Tags: Enbridge, Enbridge Rail, pipeline infrastructure, refineries
It seems almost too absurd to be true, but in the land of leviathan government, where the layers of bureaucracy are so intertwined it is impossible to navigate them, comes the revelation that the U.S. government has now taken to fining ...
Tags: Metallurgy, Mineral, Energy, Oil
Flowserve Corporation announced an order for newly-developed,custom-engineered,critical service reactor recycle pumps to be used in the new DuPont IsoTherming process.The multi-million dollar order was booked in the second quarter of 2012. ...
Tags: Flowserve Corporation, Pumps, Hydroprocessing Technology
In interior design, glass is noticeably replacing typical interior materials such as wood and stone. This trend was made possible thanks to new refining technologies and the creativity of the glass refiners with regards to product ...
Tags: Continuing Trend, Glass, Decoration