Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
BASF increased spending on research and development to €1.8 billion (2012: €1.7 billion) in 2013. "In absolute terms, we lead the field in the chemical industry with our research and development expenditures," said Dr. Andreas ...
Tags: Construction, Decoration, Basf, Coating
The market for ultra-high-definition (UHD) TV panels reached a significant new benchmark in March when global shipments exceeded 1 million units for the first time, driven by vastly increased deliveries from the industry’s three ...
EU first-quarter polystyrene imports jumped 119% year on year, according to recent Eurostat data. Market sources attributed the sharp increase in imports largely to reductions in domestic production capacity. The EU imported 38,920 mt of ...
Tags: Polystyrene, polystyrene imports
Turkish iron ore imports increased by 25% in the first quarter, on the back of higher blast furnace-based steel output and mills' restocking activity, according to statistics published this week. Data released by the Turkish Statistical ...
Tags: Iron Ore
The top 20 module suppliers to the solar PV industry are guiding an increase in annual shipments of more than 30% in 2014, according to Solarbuzz. Leading China module suppliers Trina Solar, Canadian Solar, ReneSola, and Jinko Solar are ...
US commercial crude stocks fell 10.3 million barrels to 390.69 million barrels for the reporting week ended May 16, American Petroleum Institute data showed Tuesday. The draw is far larger than analysts had expected. A Platts survey of ...
Tags: Crude Stocks, NYMEX crude
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
Hess Corp. and North Dakota officials gathered Monday to mark the recent completion of an expansion of the company's natural gas processing plant that will help cut the amount of gas production wasted through flaring and boost NGL ...
Tags: natural gas, pipeline
China is on a long-term track to become a net exporter of petroleum products to the Middle East, a senior official of state-controlled China National Petroleum Corp said Tuesday. "China could at some point become a net exporter of fuel ...
Tags: Oil-Product, Oil Refineries
Japan's leading electronics makers are falling into two groups. Some companies, including Hitachi and Panasonic, have recovered from the industry slump triggered by the global recession that started in 2008 and exacerbated by the 2011 ...
Tags: Electrical, Electronics, Sony
Exports of coir and coir products from India touched an all-time high totaling Rs. 14.76 billion, registering a surge of 32 percent year-on-year, during the last fiscal year of 2013-14, owing to robust consumption from China, as per the ...
Tags: Coir, Coir products
The likely impact of LNG exports from North America on wholesale gas prices around the world may put a cap on US exports at roughly 6 Bcf/d, Mike Fulwood, a principal in Nexant's Global Gas practice, said Tuesday. During a briefing on LNG ...
Tags: LNG Exports, gas prices
LED package industry market scale reached US$7.2 billion in 2013, up 20% from the year before, according to LEDinside. China has become the largest maker of LED products, and the rapidly increasing LED lighting penetration rate in the ...
Tags: LED, LED Package
Sharp Solar returned to the top of the solar photovoltaic (PV) module shipment rankings during the first quarter of 2014, after a five year absence, according to Solarbuzz. Sharp was the solar PV industry market leader for 45 years ...
Tags: PV, Solar, PV Industry, PV Module