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China to Grant Crude Import Licenses to Refineries
Jan 26, 2016China's Ministry of Commerce plans to grant crude import licenses to four independent teapot refineries in eastern Shandong province, namely Huifeng Petrochemical, Chambroad Petrochemical, Tianhong Petrochemical and Luqing Petrochemical, ...
Tags: crude import, teapot refineries
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Dollar Tree & Family Dollar Cooperate to Run 13, 000 Stores
Feb 2, 2015"By adding Family Dollar to our portfolio of brands, Dollar Tree will soon operate more than 13,000 stores in 48 states and five Canadian provinces with annual sales exceeding $18 billion,” a top Dollar Tree official said. Bob ...
Tags: business model, footprint, Apparel
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Family Dollar Stores'shareholders Voted to Approve The Proposed Merger with Dollar Tree
Jan 26, 2015Family Dollar Stores said based on a preliminary count of the votes cast at its special meeting of stockholders, its shareholders voted to approve the proposed merger with Dollar Tree. “Based on preliminary count, around 84 million ...
Tags: stockholders, votes cast, Apparel
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Kerridge Said That He Was in The Process of Overseeing a "Managed Transition"
Nov 24, 2014Speaking to Packaging News, Kerridge said that he hadn’t left the company but was in the process of overseeing a “managed transition” of his responsibilities to GPI. He said: “This has been mutually agreed and ...
Tags: special projects, notice period, Packaging
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NY Futures Advance This Week, with December Gaining 146 Points to Close at 64.50 Cents/Lb
Nov 18, 2014New York futures advanced this week, with December gaining 146 points to close at 64.50 cents/lb, while March moved up 114 points to close at 63.02 cents/lb. Persistent spec buying lifted the December contract to a high of 66.04 cents ...
Tags: grains markets, New York futures, Textile
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ICE Cotton Futures Market Pulls Back Below 90 Cents
Jun 23, 2014Oops, we did it again. Another solid USDA export report and the market tanked. The beginning of the week the market was on a tear to the upside but the market reaction to this “bullish” report turned the fundamentals on their ...
Tags: Cotton Futures, Cotton Market
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ICE Cotton Stayed in an Uptrend This Week with K4 Holding Ground and Settling at 92.19
Mar 17, 2014ICE Cotton stayed in an uptrend this week with K4 holding ground and settling at 92.19, up over 100 pts. Futures, with the help of a friendly spec contingent that had anticipated the USDA’s lowering of 13/14 carry-out estimate (and ...
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Character Options Is Restructuring Its Sales and Marketing Teams
Feb 27, 2014Sales director Mike Rowe will retire in July 2015 and David Bramford has been promoted to sales director designate. As part of its ambitious plans for 2014, Character Options is restructuring its sales and marketing teams. Sales ...
Tags: Marketing Team, Mike Rowe, Alongside David, Character Option
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The Liquidation of The March Contract Proceeded in a Speedy and Orderly Fashion
Feb 24, 2014The liquidation of the March contract proceeded in a speedy and orderly fashion, as open interest was down to just 6’393 contracts or 639’300 bales as of this morning. With another 3’300 contracts trading, most of ...
Tags: Cotton Futures, Textile
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The Futures Market Has Gone From Being The Cheapest Supplier to Becoming The Best Buyer
Dec 16, 2013In a matter of just three weeks the futures market has gone from being one of the cheapest suppliers to becoming one of the best buyers! On November 22, when spot December entered the notice period, it traded as low as 73.79 and closed that ...
Tags: futures market, Textile
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The Battle Between Apple and Samsung Over Smartphone Design Returns to Court Next Week
Nov 12, 2013The battle between Apple and Samsung over smartphone design returns to a Silicon Valley courtroom next week as the companies fight over how much Samsung should pay for infringement of five Apple patents in 13 of its smartphones. It was ...
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CPA and The FWIC Submitted Criticisms and Proposed Amendments for Plans to Revise Rules
Oct 23, 2013The Composite Panel Association (CPA) and the Federal Wood Industries Coalition (FWIC) submitted criticisms and proposed amendments for plans to revise rules governing formaldehyde emissions from particleboard, MDF/HDF and hardwood plywood. ...
Tags: Construction, Decoration, Composite Panel
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New Spec Buying Lifted The December Contract to Its Highest Close in Over 15 Months
Aug 12, 2013When the market moved above a two-month old triangle formation on Wednesday, it generated a flood of new spec buying that lifted the December contract to its highest close in over 15 months. Today’s high of 89.42 cents came within ...
Tags: Cotton Prices
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NOVA Chemicals Announced That It Has Closed Its Private Placement of $500 Million
Aug 2, 2013NOVA Chemicals Corporation announced that it has closed its private placement of $500 million aggregate principal amount of 5.25% Senior Notes due 2023. The Company also announced that, as of 5:00 P.M., New York City Time, on July 29, ...
Tags: Nova Chemicals, Textile
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Turnover and Gross Margin of LED Lighting Business Declined
Jul 11, 2013Recently, Neo-Neon announced the consolidated results for the year ended 31st March, 2013. The revenue during the notice period is 827 million Hong Kong dollars (HKD) (about 654 million Yuan), a decrease of 23.69% over the previous year; ...
Tags: Lights, Lighting, LED, LED lighting industry