industry

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A total sum of $784.6 million foreign finance has been directly invested in 55 projects in Iran in the past 7 months, according to the Ministry of Industry, Mine and Trade which adds that it is a 26.1 percent jump in comparison with figures from corresponding period in the last year.
News ID: 7703    Publish Date : 2019/12/02

A fully integrated Norwegian aluminium company Norsk Hydro announced on Monday, December 2, that it plans to cut 20 per cent production at its majority-owned Slovalco primary aluminium plant in Slovakia. Weak market is one of the reasons for the production cut, said the company.
News ID: 7700    Publish Date : 2019/12/02

Venezuela's state-owned PdV struck a preliminary agreement with Curacao to hang on to the Isla refinery and Bullen Bay terminal for a transition period of up to one year after its lease expires at the end of December.
News ID: 7693    Publish Date : 2019/12/02

Chief Executive of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad blasted the US sanctions re-imposed against the Islamic Republic, and said that Washington’s behavior has endangered maritime industry in the world.
News ID: 7632    Publish Date : 2019/11/30

Canada may have missed its chance to become an important player on the global liquefied natural gas market unless it changes its regulatory regime to make building LNG plants easier.
News ID: 7623    Publish Date : 2019/11/29

The Russian gas industry has long been portrayed by means of predictable and dated clichés.
News ID: 7622    Publish Date : 2019/11/29

Hydro has received the sustainability award from the Luxembourg business federation FEDIL. Hydro aluminium recycling facility in Clervaux, Luxembourg has won a national business and industry award for outstanding performance in environment and climate protection.
News ID: 7621    Publish Date : 2019/11/29

Fuel retailers could invest Ps15bn ($750mn) in Mexico next year mostly in 175 greenfield stations — if they can overcome regulatory hurdles — as well as technology to keep up with new rules, industry association Onexpo estimates.
News ID: 7611    Publish Date : 2019/11/29

The operating license for the United Arab Emirates’ Barakah nuclear power plant could be issued in the first quarter of 2020, followed by the start-up of the first reactor, a senior official at the industry regulator said on Wednesday.
News ID: 7593    Publish Date : 2019/11/27

Another prominent figure in Venezuela's US-backed parallel administration has abruptly departed and an oil union leader has quit the main opposition political party in the latest signs of internal discord.
News ID: 7587    Publish Date : 2019/11/27

Alpine Aluminum, based in Gran-Gevrier, Haute-Savoie, France, which was placed in bankruptcy proceedings in August, received potential buying offers from two buyers. The commercial court of Annecy city, France, which was to decide between the two offers for the recovery of the company on 26 November, postponed its decision to Friday.
News ID: 7576    Publish Date : 2019/11/27

Iranian Minister of Industry, Mine and Trade Reza Rahmani said that the government has no plan for increasing the price of diesel in the country at least by the end of the current local calendar year on March 20, hinting that the fuel is expected to be offered at a higher price in the first month of the next year.
News ID: 7567    Publish Date : 2019/11/26

Commercial Attaché of Iran in Iraq Nasser Behzad announced that non-oil trade transactions between the two countries is rising, adding that Tehran and Baghdad have traded $6 billion worth of non-oil goods in the past 7 months.
News ID: 7564    Publish Date : 2019/11/26

Iran has generated more than 4.4 billion kilowatt-hours of electricity from renewable sources since mid-2009, a new report by the Energy Ministry said.
News ID: 7562    Publish Date : 2019/11/26

Now high purity alumina (HPA) is being used in the manufacture of epoxy moulding compounds (EMC’s) that are used in the semi-conductor industry to improve heat dissipation, said Altech Chemicals Limited, leading Malaysia-based HPA producer. Altech also recently started an investigation of the EMC for semi-conductor market for targeting some of its future HPA products into this market segment.
News ID: 7557    Publish Date : 2019/11/26

Iranian petrochemical plants are defeating the US sanctions against the country as they have managed to materialize their objectives in sales and production so far, CEO of Jam Petrochemical Plant Mohammad Reza Saeedi said.
News ID: 7530    Publish Date : 2019/11/24

Building on the success of its first two e-magazines “Aluminium LeaderSpeak 2019”and “Aluminium Industry 4.0: Drivers & Change Makers”, AlCircle has launched its region focused e-magazine on the topic “Aluminium Middle East: Focus 2020”.
News ID: 7523    Publish Date : 2019/11/21

Indonesia, with the sixth-largest bauxite reserves in the world, reportedly believes that its bauxite downstream can reach US$13 billion next year from the current US$9 billion.
News ID: 7521    Publish Date : 2019/11/18

US steel production has risen to fill the gap left by falling imports in the wake of imposition of Section 232 tariffs in March 2018, yet increased output and slowing global growth are weighing on prices and the US industry .
News ID: 7481    Publish Date : 2019/11/15

According to the National Bureau of Statistics, China’s new energy vehicles production in October stood at 85,000 units, down 9.6 per cent from a month before and 39.7 per cent from the same period last year.
News ID: 7450    Publish Date : 2019/11/14

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