Global Tank Insulation Market Forecast, 2019-2023: Increased Demand From Oil & Gas And Chemical Industries
DUBLIN, Jan. 21, 2019 /PRNewswire/ -- The "Tank Insulation Market by Material (PU & PIR, Rockwool, Fiberglass, Elastomeric Foam, EPS), Type (Storage, Transportation), Temperature (Hot, Cold), End-Use Industry (Oil & Gas, Chemical, Food & Beverage, Energy & Power) - Global Forecast to...
Hitachi Moves To Buy Abb's Power Grid Unit For $7bn: Report
Japan's Hitachi is moving to purchase the power grid business of Swiss engineering giant ABB for a deal worth as much as $7.05 billion, local media reported Wednesday.
Trade Deficit Soars In October
Malta had an international trade deficit of EUR303.2 million in October 2018, compared to EUR175.5 million in the corresponding month of 2017, the NSO said on Monday. Imports increased by EUR7.3 million, while exports decreased by EUR120.5 million. The increase in imports was primarily due to mineral fuels, lubricants and related materials (EUR105.3 million), partly outweighed by a decrease of EUR109.6 million in machinery and transport equipment.
Jsw Steel To Invest Over Rs 5,000 Cr On Strengthening Downstream Mfg Capacity | Business Standard News
JSW Steel plans to pump in over Rs 5,000 crore to strengthen its downstream manufacturing capacity and is also keen to pursue stressed downstream assets that will come up for bidding in the next round. JSW Steel, which announced a capex investment programme of nearly Rs 45,000 crore to expand its capacities in Karnataka and Maharastra, is planning to invest over Rs 5,000 crore to strengthen its downstream manufacturing capabilities, company's Joint MD Seshagiri Rao told PTI. This will enable the company to re-orient its product mix and focus on high value special steel products and customisation, he said.
Trade Deficit Shrinks To EUR172M
Malta has registered a trade deficit of EUR171.9 million in September compared EUR234.4 million in the same month in 2017. The National Statistics Office said that according to provisional data for international trade both imports and exports showed drops of EUR107.9 million and EUR45.5 million respectively. The decrease in the value of imports was primarily due to mineral fuels, lubricants and related materials (EUR104.4 million), with the same commodity group (EUR45.5 million) accounting for the main decrease in exports.
Iron Ore's China Import Boom Seen Faltering As Peak Passes
The great Chinese iron ore buying machine may be about to falter. Imports of the raw material that feed the world's largest steel industry are at risk of shrinking this year for first time since 2010 even as official figures suggest that mills are producing unprecedented amounts of steel. The expected drop is a sign [...]
Jsw Steel Invests Rs 350 Crore In Pipe Conveyor Projects, Will Save On Logistics Cost
The two pipe conveyor projects will transport ore from the mines to the company#39;s plant in Karnataka. : JSW Steel is investing nearly Rs 350 crore to set up two pipe conveyor projects that will transport ore from the mines to its plant in Karnataka. The projects, which will be completed by the end of the present financial year, will save the company as much money - around Rs 350 crore - in annual logistics cost to transport the raw material. At present, hundreds of trucks are deployed to move the ore from the mines to the plant in Vijayanagar.
Jspl To Build 2-mt Cement Plant Close To Angul Steel Unit To Tap Synergies | Business Standard News
The company will use granulated slag, a by-product of the steel unit, as feed stock for the cement plant. : Jindal Steel and Power (JSPL) plans to set up a two-million-tonne cement plant close to its steel plant at Angul in Odisha. The project is estimated to cost about Rs 5 billion and will come up within an industrial park being promoted by the Navin Jindal-owned company in the area. The company will use granulated slag, a by-product of the steel unit, as feed stock for the cement plant.
Rocketing Vanadium Price Primed For 'elon Musk Moment'
By Frik Els Spiking cobalt and lithium demand from booming sales of electric vehicles grabs all the headlines, partly thanks to Tesla CEO Elon Musk's propensity to make news, but another battery metal has actually experienced more action this year. Vanadium is primarily used to strengthen steel (today it makes up more than 90% of the market) and prices for ferro-vanadium hit decade highs this month. Vanadium pentoxide (V2O5) which makes its way into so-called vanadium redox flow batteries used in energy storage systems breached $20 a pound for the first time since 2005 this month.
Power Plant Could Turn Waste To Energy Within Five Years Under $400M Queensland Plan - Abc News (australian Broadcasting Corporation)
Queensland's first waste-to-energy plant will be built at Swanbank, west of Brisbane and -- spurred on by a $100 million boost from the State Government's waste levy -- could power 50,000 homes within five years.