A Europe-wide life-cycle assessment conducted by Germany-based Institute for Energy and Environmental Research (IFEU) has revealed that carton packs for ultra-high temperature (UHT) milk have a better environmental profile when compared to ...
Tags: Milk Carton, carton packs, milk packaging
Zucarmex has rolled out a new packaging design and clear bag for its Zulka Pure Cane Sugar in the US. The new packaging accentuates the sugar's natural color and features an updated, modernized logo. Zucarmex USA sales and marketing vice ...
Tags: leading sugar operator, new packaging, packaging design
PTI reported that Essar Energy plc, an India focused integrated energy company, reported a 18% rise in core earnings in the 6 months ended September 30th 2012 on back of its British Stanlow refinery turnaround. The London listed firm said ...
Louisiana-based developer of specialty chemicals Albermarle announced the opening of Albemarle's Asia-Pacific Center of Excellence (CoE), its Asia-Pacific shared services center in Dalian, China, that would complement facilities in Baton ...
Insurance Australia Group is mulling to sell its UK underwriting operations, which include motor insurer Equity Red Star and commercial insurance broker Barnett & Barnett. As part of a strategic review of its UK business, IAG Managing ...
Tags: Insurance Australia Group, motor insurer, Equity Red Star
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel
AK&M reported the company said that at Gazprom Neft special meeting set for Febuary 22nd the holders will elect new BOD members. According to the amendments to the articles now BOD includes 11 seats. The 2011 net profit rose 71% to USD ...
Tags: Gazprom Neft, special meeting, oil refinery
POSCO completed construction of a magnesium refining factory in Okgye Gangneung of Gangwon-do on November 20th. The meeting was attended by 150 people, including CEO Mr Chung Joonyang, Gangwon do Governor Choi Munsun. Mr Chung Joonyang in ...
Australian grain handler GrainCorp has agreed to acquire Australian oilseed crusher Gardner Smith for A$302m ($313.82m) as well as Goodman Fielder's commercial oils business Integro Foods for A$170m ($176.65m). The deals, which represent ...
Tags: commercial oils business, edible oil sector, leading oilseed crusher
Olam International has acquired a 50%stake in Acacia Investments(AI),a business group based in the United Arab Emirates with a strong presence in edible oil refining and distribution in East Africa,for$35m. Olam managing director and Palm ...
Tags: edible oil refining, joint venture, CPO
Fixed asset investment in China's refining industry totaled Yuan 130 billion ($20.9 billion) from January to October, the National Development and Reform Commission said on its website Thursday. This was an 18.2% increase from the same ...
Tags: refining industry, China's refining industry, Refinery Sector Investment
LyondellBasell Industries announced earnings for the third quarter 2012 of $851 million, or $1.47 per share. Third-quarter 2012 EBITDA was $1,565 million, inclusive of a $71 million reversal of non-cash, lower of cost or market inventory ...
Tags: olefins business, polyolefins business, chemical industry
JGC Corporation announced that its wholly-owned Saudi Arabian subsidiary, JGC Gulf International Co. Ltd. has been awarded a contract for expansion of ethylene manufacturing facilities for the Rabigh phase II project. The contract was ...
Tags: ethylene, ethylene manufacturing facilities, petrochemicals
American Sugar Refining,a subsidiary of Florida Crystals and Sugar Cane Growers Cooperative of Florida,has acquired majority stake in Belize Sugar Industries,while the previous shareholders including BSI Employee Holdings continue to hold ...
Tags: sugar cane, BSI, stake, raw sugar