DUBAI, July 20- Saudi Basic Industries Corp, one of the world's largest petrochemicals groups and the Gulf's largest listed company, reported a 7 percent increase in second-quarter net income on Sunday, matching analysts' forecasts.» Read More
The shuttering of Herculaneum in the town of the same name was a historic moment, bringing the curtain down on 120 years of lead smelting in Missouri.
WASHINGTON, March 3- The Obama administration on Monday announced new fuel and automobile rules to cut soot, smog and toxic emissions, which it says will reduce asthma and heart attacks in the United States. The rules will be phased in under schedules that vary by vehicle class, generally starting between model years 2017 and 2025, the EPA said.
The Tier 3 rules unveiled by the Environmental Protection Agency have been under development since President Barack Obama issued a memorandum instructing the agency to develop them in 2010. The rules will cut gasoline sulfur levels by more than 60 percent and should also reduce tailpipe and evaporative emissions from cars, light trucks, medium-duty passenger vehicles and some heavy-duty vehicles.
LONDON, Feb 26- The tremors caused by the explosion in U.S. physical aluminium premiums have reached the other side of the world. The opening producer salvoes in the quarterly negotiations are coming in at $370- 375 per tonne over LME cash. That compares with $255- 256 for the January- March 2014 period.
MOSCOW, Feb 19- Russian state energy company Rosneft is pushing the government for approval on a share issue for Transneft so the pipeline monopoly can finance the expansion of routes to the east, including China.
*Total investment to cost $9 billion. TURAIF, Saudi Arabia, Feb 13- Billboards on the highway outside Turaif, a remote desert town in the far north of Saudi Arabia, foretell a glittering future of glass offices and palm-shaded residential streets.
Feb 12- South Korea's refusal to revise estimates of future greenhouse gas emissions could earn it the world's highest carbon price, and have a potentially damaging impact on its export-oriented industry, according to a report released by Thomson Reuters Point Carbon.
SAO PAULO, Feb 3- A drop in natural gas prices caused by a shale gas boom in the United States is hurting Brazilian petrochemical company profits by reducing pricing power and making them less competitive, the head of the construction and industrial conglomerate Grupo Odebrecht SA said on Monday.
*BP is dismantling 20- strong Beijing- based team-sources. BEIJING, Jan 30- BP is dropping plans to invest in a refinery in China, three sources with direct knowledge said, the fourth refining project in recent months to fall foul of a slowdown in growth in the world's second-largest economy.
Jan 29- Dow Chemical Co hiked its dividend and tripled its share buyback program, but signaled that it was in no hurry to fall in line with activist shareholder Daniel Loeb's demands to spin off its slow-growing petrochemical businesses. Shares of Dow Chemical, the largest U.S. chemical maker by sales, rose as much as 6 percent in early trading on Wednesday.
Cramer said some companies are working despite their exposure overseas. Here's one.
Food prices and security, threatened by weather-caused production declines and relentless rising demand, will be a key issue at the conference of world business, political and social leaders.
Emerging markets are a big part of Dow's growth. Discussing the chemical company's second quarter earnings, rising commodity prices, and stalled debt talks in Washington, with Andrew Liveris, Dow Chemical chairman/CEO, and Klaus Kleinfeld, Alcoa chairman/CEO.
The outlook for the iron and steel industries and a discussion of how to profit there, with Mark Parr, KeyBanc Capital Markets.