In June, the consumer price index (CPI) went up by 2.7 percent year-on-year. The prices grew by 2.6 percent in cities and 2.8 percent in rural areas. The food prices went up by 4.9 percent, while the non-food prices increased by 1.6 ...
Tags: Consumer Prices
A total of 95 Chinese companies have made it onto the list of Fortune 500 companies compiled by Fortune magazine, with combined gross revenue of $5.2 trillion, or 17 percent of the Fortune 500's total revenue. The list, ranked by ...
Tags: Fortune, Chinese Companies
China Petroleum and Chemical Corp, or Sinopec, raised ex-factory toluene prices at its South China subsidiaries by 1.3% or Yuan 100/mt Friday, a company source said. Sinopec Guangzhou will now offer toluene at Yuan 8,050/mt, or ...
Tags: Sinopec, China Toluene
Non-manufacturing activity took a dip in June but remained in growth territory, according to the June edition of the Institute of Supply Management's (ISM) Non-Manufacturing Report on Business. ISM said that the index used to measure ...
Tags: Processing Machinery
When it comes to water meters you need to choose the best if you want a good result. So how do you know which is the best? There are many brands and models on the market today, but with a little online research you will find the same brand ...
Tags: Water Meters, Meter, Processing Machinery
Most historians herald industrial revolution of 18th, 19th and 20th centuries as a significant turn in the lifestyle and economic trends throughout the world. In this regard, transition in the energy source from coal to steam and then to ...
Tags: Consumer Trends, Equipment Sales
Russian Prime Minister Dmitry Medvedev held a meeting on the development of the chemical and petrochemical industries. The attendees of the meeting included Deputy Prime Minister, Arkady Dvorkovich, Alexander Novak, the Minister of ...
Tags: Petrochemicals
China Petroleum and Chemical Corp, or Sinopec, slashed its ex-works prices for styrene-butadiene rubber by 5-6% effective Wednesday, end-users said. With the latest cut, Sinopec Qilu Petrochemical is offering SBR1502 in East China at Yuan ...
General Motors and Honda have announced an agreement to co-develop fuel cell and hydrogen storage technologies, targeting commercially viable systems by 2020. The agreement will see GM and Honda work together, with additional ...
Tags: GM, Honda, Fuel Cell Technology
US carmaker General Motors (GM) and Japanese vehicle manufacturer Honda Motor have collaborated to develop fuel cell system and hydrogen storage technologies through 2020. The collaboration forms part of the automakers' efforts to trim ...
Nearly a decade after re-entering the US Gulf of Mexico and five years into its shale play foray onshore, Statoil is now an operator in both arenas, a coup for the Norwegian company best known for harsh-environment marine operations. ...
Tags: Statoil, foray onshore
The US exported the second highest volume of petroleum coke ever in April, according to US Energy Information Administration data. The EIA April data, released Friday, show exports of 17.78 million barrels, second only to December 2011, ...
Tags: Petroleum Coke Volume
Belarus will raise export duties on oil and oil products on 1 July 2013. The relevant decision is laid down by Council of Ministers resolution No. 541 of 26 June 2013, the press service of the Belarusian government told BelTA. As of 1 ...
Tags: Oil Export, Duties
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works price for butadiene for a third time in June, reducing it by Yuan 500/mt, or 5%, effective Thursday, end-users said. Sinopec's subsidiaries in East, North and South China ...
Tags: China's Sinopec, Petroleum
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals