RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates for fourth-quarter growth. Yet big moves also create the ...
Tags: Trade Deficit, America economy
China's largest oilfield, the Daqing Oilfield, in northeast China's Heilongjiang province is expected to cut 1.5 million tons of output next year to stay in line with the new production schedule of the China National Petroleum Corporation ...
China's crude imports from its major suppliers rose significantly in November versus a year ago, with Russian cargoes hitting a record high, although shipments from top exporter Saudi Arabia fell 5.9% to 3.99 million mt, detailed data from ...
Tags: Crude Imports, pipeline oil
With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
As with all businesses that store significant quantities of petroleum-based fuel and oil at their facilities, New England ski resorts have a legal responsibility to create and implement updated oil spill prevention plans to be in compliance ...
Tags: Oil Spill Prevention, clean water regulations, Construction
China is likely to slash gasoline and diesel prices in the coming week due to sluggish domestic demands and a continuing crude price slump in the global market. The modern industries and living environments are built on the base of ...
Tags: Oil Prices, Mineral
Oman’s Sohar Port and Freezone has entered into an agreement with Oman International Petrochemical Industry Company (OMPET) to build a manufacturing facility that will produce up to 1.5 million tonnes of eco-friendly packaging ...
Tags: Pet Manufacturing, Agriculture
Boeing claims to have completed the world’s first flight using ‘green diesel’, a sustainable biofuel that is widely available and used in ground transportation. The company powered its ecoDemonstrator 787 flight test ...
Tags: sustainable biofuel, Service
Seoul City Hall in South Korea. Andrew Hudson and Viv Lister Australian exporters are set to benefit from the KAFTA from as early as 12 December 2014, following a last-minute exchange of Diplomatic Notes between Australia and Korea, and ...
Tags: Trade Agreement, exporters, importers, Service
Diversified packaging company Sonoco has developed plant-based plastic bottles for Ecover's new home care line. Ecover has launched its popular green brand in North America after joining Method in 2012. The new look is the celebration ...
Tags: Ecover, Sonoco, Plastic Bottles
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 ...
The main business revenue of China's petrochemical industry will hit 14.5 trillion yuan (2.36 trillion U.S. dollars) in 2014, according to data released by the China Petroleum and Chemical Industry Federation (CPCIF) on Wednesday. CPCIF ...
In the third quarter of the current year, South Africa's seasonally adjusted gross domestic product (GDP) increased by 1.4 percent quarter on quarter, while the country's unadjusted GDP also increased by 1.4 percent compared to the same ...
Tags: gross domestic product, rubber products, plastic products
The Toll Group (Toll) has announced a range of transactions to “drive improved returns for shareholders and rationalise its portfolio of businesses”. The actions announced today by Toll include: Earning more money off its ...
Tags: marine freight business, Service