US-based foodservice equipment company Middleby has acquired Spooner Vicars Bakery Systems, a manufacturer of baking systems for the cookie and cracker industry. Spooner Vicars Bakery Systems, established in 1849, offers equipment and ...
Tags: oodservice equipment, Middleby, Spooner Vicars Bakery Systems
Global demand for pumps is forecast to rise 6.4 percent per year through 2016 to $76.1 billion. Although growth will be healthy across the globe (spurred by recovery from the recent economic downturn), the drivers of growth will vary by ...
Tags: pump, pump demand, economic downturn
The Hyundai i45 has been discontinued from Hyundai’s Australian line-up in favour of its newer, European-designed and almost identically sized Hyundai i40 sibling. Hyundai Australia today confirmed its decision to suspend importing ...
Tags: Hyundai, i45, Australian line-up
The Monday evening closure of a key North Sea Brent crude platform, the Cormorant Alpha (See story, 1307 GMT), has not had any marked impact on the key Dated Brent price benchmark assessment. The outright price of the Dated Brent ...
Tags: Dated Brent benchmark, crude oil, oil price
After a disastrous third quarter of 2012 featuring extremely low factory utilization rates across the entire solar supply chain, a surge in demand was seen in the final quarter of the year for solar modules. A new solar module shipment ...
Tags: third quarter, 2012, solar supply chain
Jeep says it has largely fixed its supply issues this year and is expected to meet the growing demand for models such as Grand Cherokee, Compass and Patriot going forward. Speaking to CarAdvice at the Detroit auto show today, Jeep’s ...
Tags: Jeep, supply issues, Grand Cherokee
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, business slowed down due to the holiday period in many long steel markets worldwide, but the balance of supply and ...
Tags: IREPAS, long steel products, steel markets
US-based food and drink co-operative has acquired the cranberry processing business of Chilean firm Agrícola Cran Chile Limitada,marking the firm's first international acquisition. The deal,announced today(11 January),will expand ...
HandyTube broadens global reach at new Korean exhibition Friday,Jan 11,2013 Company's presence at inaugural Offshore Korea show underscores HandyTube's commitment to the international market HandyTube Corporation continues to solidify ...
Tags: HandyTube, Korean exhibition, seamless, stainless steel, shipyards
Bloomberg reported that the Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought charters to export iron ore or coal from Australia. ...
Tags: Baltic Dry Index, iron ore, coal, Iron ore miners
AP reported that Minnesota collected a record USD 51 million in mineral revenues in the 2012 fiscal year. The Department of Natural Resources said that that up 44% over last year's record of USD 35.5 million. Most of the money goes ...
Tags: Minnesota, mineral revenues, mining, company news
Greenland’s treasure trove of rare earth metals, the largest deposit outside of China, cannot be mined because the elements are connected to restricted radioactive materials. Several reports, such as The Epoch Times’ latest ...
Tags: oil, gas, Greenland, rare earth metals, China
China Daily reported that Tangshan Iron and Steel Group Co plans to further expand its overseas businesses and manufacture more steel products for automobile use as part of its efforts to counter the slump in the Chinese steel industry. ...
Tags: Tangshan Iron and Steel Group, steel products, steel industry
Chinese regulators have announced the export quota for the country’s rare earth metal production today. For the first half of 2013, the Ministry of Commerce said that it will allow just over 15,500 tonnes to leave the country. ...
Tags: rare earth metal, Ministry of Commerce, China, price
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral