International credit ratings agency Moody's has stated that the acquisition of German steelmaker ThyssenKrupp's Alabama, US-based steel mill by the joint venture partnership between ArcelorMittal and Japan's Nippon Steel & Sumitomo Metal ...
Tags: steelmaker, metallurgy
On December 2, 2013 Igor Sechin, Rosneft President and Chairman of the Management Board, and Arthur Alaverdyan, President of Oil Techno, signed a Shareholder Agreement as part of the plan to set up a joint venture. The JV’s primary ...
Kraton Performance Polymers is set to exhibit its new styrenic block copolymers (SBC) compounds at EuroMold 2013, to be held from December 3-6, 2013 in Frankfurt, Germany. According to the company, the SBC-based compounds are soft, ...
The Canadian timber group Canfor has set up a joint venture company together with the Chinese company Tangshan Caofeidian Wood Industry. According to a press report issued by Canfor on 26 November, each company is to hold 50% of shares in ...
Tags: Construction, wood
Tesco meat packer Hilton Food Group has reported "good progress" in a number of its western European markets for the past quarter (third quarter) to November 5. Declines in meat sales were driven by horsegate The Huntingdon-based ...
Tags: Tesco, Meat Packer, European Markets
The 488-metre-long-hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility has been floated out of the dry dock at the Samsung Heavy Industries (SHI) yard in Geoje, South Korea, where the facility is currently under ...
Tags: floating facility, mineral
Volvo Cars will initiate an autonomous driving pilot project from next year, with 100 self-driving cars to hit public Gothenburg roads by 2017. Dubbed 'Drive Me', the autonomous driving pilot is a joint venture between Volvo Car Group, ...
Tags: Volvo, Autonomous Driving Pilot
THE WOODLANDS, Texas, Dec. 2, 2013 /PRNewswire/ -- CB&I (NYSE: CBI) announced today it has been awarded a contract valued at approximately $1 billion by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corporation ...
Tap Oil Limited (ASX: TAP) is pleased to announce an oil discovery at Malida-1. Following the completion of wireline logging operations, 9.5 metres of net oil pay has been interpreted in reservoir quality sandstone within the primary ...
Dow Chzemical will shut the equivalent of about 800,000 mt/year of chlorine and caustic soda capacity in Texas and divest chlorine derivatives assets with a value of up to $5 billion, it said Monday. The divestment includes about 40 ...
Tags: Dow Chzemical, Chemicals
The Dow Chemical Company detailed the scope of a separation of a significant portion of its chlorine value chain. These assets are being carved out for future transactions, and represent up to $5 billion of total annual revenue, inclusive ...
Tags: Construction, Decoration
The Caspian Pipeline Consortium expects to complete construction work on phase one of the expansion of the line which carries crude from Kazakhstan to the Russian Black Sea port of Novorossiisk in October 2014, CPC said in a statement ...
Tags: Metallurgy, Crude Pipeline
Huntington Production The Huntington Field is currently producing approximately 20,000 bbls/d of oil and 15 MMcf/d of natural gas (3,500 bbls/d of oil and 2.6 MMcf/d of gas net to Iona) as production continues to increase following the ...
Tags: Metallurgy, Mineral, Energy
Global steel giant ArcelorMittal has announced that it has entered into a 50/50 joint venture partnership with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC) to acquire the Alabama-based steel processing plant ThyssenKrupp ...
Tags: steel, ArcelorMittal
The annual global steel scrap trade is about 105 million metric tons, while Turkey's reach in this international trade is about 60 million metric tons, said Sukru Celik, director of Belgian Scrap Terminal NV in Turkey, speaking at the 8th ...
Tags: steel scrap