The Architecture Billings Index (ABI) remained positive again in June after the first decline in ten months in April. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time ...
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $40.4 million for Q2 2013, ended June 30, 2013, compared to a net loss of $724.2 million for Q2 of 2012. Net sales for Q2 2013 were $1.4 billion on ...
Tags: AK Steel, Carbon Spot Market
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
According to report of the Economic Committee of the European Steel Association (Eurofer), it forecasted that the EU’s real steel consumption would fall by 4.5% in 2013. In the first quarter of this year, the EU’s real ...
Tags: Real Steel Consumption, Mineral
Sentiment on the North Sea mixed butane market has turned slightly more bullish on tighter availability, according to industry sources Tuesday. During the summer North Sea mixed butane is used in Northwest Europe by the gasoline-related ...
Global packaging company Sonoco has summarized sustainability progress in its latest 2012-2013 corporate responsibility report. Sonoco president and CEO Jack Sanders said the company is developing a new $75m biomass cogeneration system at ...
Tags: packaging company, Sonoco
The Australian dollar is almost one US cent lower after figures from China showed manufacturing activity in the world's second largest economy slowed to an 11-month low in July. At 6.30am AEST the local unit was trading at 91.69 US cents, ...
Tags: Australian Dollar, China Flash PMI
Scientists from two different fields – textile research and neurosciences – are working together to understand how we perceive, feel or evaluate clothing on our skin. The researchers use special measuring devices in the ...
Tags: Textiles, textile research
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year. Second quarter 2013 reported net income from continuing operations was $341 million, or $2.35 per diluted share. Adjusted ...
Tags: coating, Construction, Decoration
BASF has signed a contract with ROCKWOOL to sell BASF Wall Systems GmbH & Co. KG. The transaction comprises the German wall systems subsidiary including the Marktredwitz, Germany site. Currently, approximately 200 employees are working for ...
Tags: Construction, Decoration
Tesco UK was performing broadly in-line with its rivals Asda and Morrison, after recovering from "the body blow to its trade caused by the horse meat contamination", said Shore Capital analysts Darren Shirley and Clive Black. "With the ...
Tags: Agriculture, Food
Detroit Metropolitan Airport (DTW) will replace all 6,050 lighting fixtures in both parking structures and increase the number of fixtures by 19% while still saving 66% on its annual elect ric bill by switching to LED lights. The project, ...
Tags: LED lights, LED
While global trade growth patterns remain intact, trade activity was mostly stuck in neutral in June, according to data released this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers. ...
Tags: Processing Machinery
World demand for silicones is expected to rise 5.9 percent per year to $18.9 billion in 2017. Gains will represent an acceleration from recent historical trends, fueled by an improved outlook for global manufacturing and construction ...
Home improvement activity is heating up this summer with 60 percent of homeowners expecting to spend an average of $1,200 on at least one upgrade. At the top of the list is improving outdoor spaces, followed by bathroom remodels, according ...
Tags: Consumer Electronics, Bathroom