Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...
Tags: Samarco, iron ore miner, coals
Bioplastic materials firm EcoCortec has commissioned a new converting line for zip lock and heat sealing bags, a move that increases production capacity at the company's plant in Croatia. The investment in new equipment is in line with ...
Tags: EcoCortec, Converting Line
MGP Ingredients, a leading supplier of premium distilled spirits and specialty wheat proteins and starches, reported results for the third quarter period ended 30 September 2015. Third quarter 2015 highlights (vs. third quarter 2014) ...
Tags: MGP Ingredients, distilled spirits
China-based dairy company Yashili has opened a $220m infant formula manufacturing factory in Pokeno in New Zealand through Yashili New Zealand, which is a joint venture between Yashili International Holdings and Mengniu Dairy Co. ...
Tags: Yashili, Infant Formula
Asian propylene term contract discussions for 2016 are likely to conclude at larger discounts than this year due to an increase in supply in the region, market sources said this week. A source at a producer in South Korea estimated the ...
Tags: propylene, spot market
State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
China-based LED epitaxial wafer and chip maker San'an Optoelectronics saw revenues of CNY3.602 billion (US$576 million) and net profit of CNY1.447 billion for January-September 2015 increase 3.55% and 37.82% respectively on year, while ...
Solar cell maker Motech Industries has released its financial report for the third quarter of 2015, with business operations swinging from the red into profitability. Motech recorded consolidated revenues of NT$7.098 billion (US$216 ...
Tags: 3Q15, Motech, Motech Industries
Equipment spending by semiconductor chip manufacturers, a key industrial market for vendors of both lithography and laser-based wafer processing systems, will reach $32 billion in 2010 – more than double the 2009 figure. ...
Tags: semiconductor, chip, LED fab
The volatile solar market will rationalize extensively over the next year, with the handful of leading companies likely to have successful initial public offerings (IPOs) outweighed by several others going to the wall. Jason Eckstein, the ...
Tags: Solar, CIGS, concentrating photovoltaics
Two new LED market surveys reveal the growing importance of Chinese suppliers to the world market and the significant growth forecast for LED multifaceted reflector lamps. Firstly, China’s significant investment in its LED ...
Tags: LED industry, MR Lamp, worldwide market
Green packaging maker Cascades is investing $26.4m on a new corrugator, which will be installed at its Norampac corrugated board conversion plant in Drummondville, Quebec, Canada. The announcement follows Cascades' recent plans to expand ...
Tags: Green packaging, Norampac
UK-based API Laminates has commissioned a new module on Laminator 4 production line at its production plant in Poynton, England to ramp up Transmet laminate production capacity. API's Transmet offers print-receptive coating in a bright ...
Tags: API Laminates, Laminator
Green packaging maker Cascades is to invest in the expansion of two of its packaging plants in Quebec, Canada. The company plans to invest around $4.5m in its Plastiques Cascades plant in Kingsey Falls and its Cascades Inopak plant in ...
Tags: Green packaging, Food Packaging, fresh food
Malaysia's Petronas Chemicals Group said Tuesday that it has acquired three companies involved in the Refinery and Petrochemicals Integrated Development, or RAPID, project at Pengerang, Johor, from Petronas Refinery and Petrochemical Corp. ...
Tags: Malaysia's Petronas Chemicals, acquisition, petrochemical products