Astomos Energy, Japan's top LPG supplier, said Wednesday it has concluded additional contracts with US' Enterprise Product Partners, including a deal to buy 500,000 mt/year of US LPG over 2019-21. Astomos will also increase its US LPG ...
Simpsonville-based Kemet Corp. said today a subsidiary will sell its machinery division to Manz AG for 8.1 million euros, or about $11.1 million. The division, which employs 83 people and is based in Italy, manufactures machines for the ...
Azovstal Iron and Steel Works, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has announced that it will produce 10,000 mt of X70 rolled pipe plates with improved mechanical properties for an ...
SEAMS, the National Association for the U.S. Sewn Products Industry, will present its largest-ever Supply Chain USA Pavilion at the Texprocess Americas trade show on May 13-15 in Atlanta, Georgia. The 2014 edition of Supply Chain USA ...
Tags: Apparel, Accessories
The latest U.S. Department of Agriculture (USDA) cotton projections for 2013/14 indicate that global 2013/14 cotton consumption is estimated at 109.5 million bales, 3 percent (3 million bales) above the preceding year. Although rising for a ...
Archer Daniels Midland (ADM) has withdrawn plans to sell its global cocoa business and is now pursuing options to divest its chocolate business. The decision comes as the company's negotiations to divest cocoa unit were not successful. ...
Tags: Chocolate, Cocoa, Archer Daniels Midland
UK-based herbs and spices supplier The Bart Ingredients has acquired Berkshire-based OTP Foods, expanding its presence into the wet ingredients segment. For the transaction, the company was backed by Santander Corporate & Commercial. The ...
Tags: Agriculture, Food, herbs, Chemical
Most US ethanol prices slid Tuesday to their lowest levels in more than four weeks as stalling buying interest combined with firming supplies, sources said. The Chicago Argo ethanol assessment fell 11.5 cents to $2.6145/gallon, the lowest ...
Tags: Ethanol, ethanol stocks
Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...
Tags: Iron Ore, iron ore demand
The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
Recently, Spiroflow Systems worked with Access Security Products Ltd. to resolve a powder handling problem with a proprietary cement mixture used in its manufacturing process. Access Security Products manufactures and supplies burglary- and ...
Tags: Security Products
Mechel, one of the leading Russian mining and steel companies, has announced that its contract with Baosteel Resources, the raw materials-focused wholly-owned subsidiary of Chinese steelmaking major Baosteel, which provides for an increase ...
Tags: mining, steel companies, Mechel
In the first quarter of the current year, direct supplies of steel scrap by rail to Russian metallurgical companies and pipe plants totaled 2.14 million mt, down 2.8 percent year on year and constituting the lowest first quarter volume the ...
Tags: Steelmakers, steel scrap
According to figures issued by Russian Railways, in March this year direct deliveries of cast iron, rolled steel, pipes and semi-finished products to locomotive, car repair and car production plants in Russia (including dual-purpose ...
Tags: Steel Product, Automakers
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM