US-based General Mills is being sued by the Center for Science in the Public Interest for alleged misleading labeling as well as false advertising. In its promotional campaign, General Mills has stated that its Cheerios Protein is ...
Tags: General Mills, labeling
Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
The strike by pilots and tugs in the Greek port of Piraeus was extended by another 48 hours Wednesday, which kept barge loadings from refineries suspended for the third consecutive day. "Until further notice, the strike continues today ...
Tags: high sulfur fuel oil, gasoil, refiner
Bunge North America, the North American operating arm of Bunge Limited, has acquired Whole Harvest Foods, a refiner and packager of expeller pressed commercial cooking oil. Whole Harvest Foods products, which including frying oils, pan ...
Tags: Bunge, frying oils, cottonseed, soy oils
Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...
Tags: Sinopec, oil refiner, Crude Oil
The Chinese mainland's gold purchases from Hong Kong in 2015 may hold around this year's levels as physical demand in the world's biggest consumer remains stable and the country considers easing restrictions on imports. Net imports ...
Tags: Yellow Metal
The Board of Directors of Exxon Mobil Corporation, one of the world’s leading petrochemical companies, has appointed Neil Chapman as the new vice president of the company, effective Jan. 1, 2015, replacing Stephen D. Pryor, who has ...
NYSE-listed LyondellBasell Industries said it posted second consecutive quarter of record earnings, while its EBITDA crossed $2 billion for the first time in the third quarter of 2014. Earnings from continuing operations for the third ...
Tags: chemicals producer, ethylene market, Textile
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
The spot alumina price in China's Henan was rangebound Wednesday at Yuan 2,860/mt ($465/mt) for 70:30 cash and credit payment terms, unchanged from September 30, as the market returned from an extended break from October 1-7 to celebrate ...
Tags: Spot alumina, Mineral
After failing to get South Korean LG Chemicals on board as a technology partner for its Kochi-based petrochemical project, Indian public sector refiner Bharat Petroleum Corporation Ltd (BPCL) said it will buy outright, the critical ...
Tags: BPCL, Technology, Textile
The Platts China spot alumina price ex-works Henan basis firmed another Yuan 20/mt ($3.24) Thursday to settle at Yuan 2,510/mt for 70:30 cash and credit payment terms, after rising Yuan 20/mt Wednesday from Yuan 2,470/mt Tuesday. Prices ...
Tags: Spot Alumina, Alumina, Metallurgy
As part of its US expansion strategy, catalyst specialist Umicore has entered into a long-term agreement to recycle cobalt-containing hard metals scrap from Global Tungsten and Powders Corp (GTP) to produce cobalt fine powders. GTP is a ...
Tags: Umicore, GTP, Electrical
China's ex-works Henan spot alumina price closed the week Friday at Yuan 2,470/mt ($401/mt) for 70:30 cash and credit payment terms, unchanged from Thursday and a week ago. Sentiment stayed strong for the near term, and alumina prices ...
Tags: Spot Alumina, Alumina, Mineral