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News & Press

Read about recent events, essential information and the latest industry news.

Industry News
Wednesday, July 29, 2015 Oilsands pipeline projects look doomed after Nexen oil spill leaves ‘two big football fields of blac » It’s becoming increasingly difficult to get oilsands pipeline projects off the ground, and Alberta’s worst spill since 198...
Wednesday, July 29, 2015 HeidelbergCement to acquire Italcementi » HeidelbergCement has announced that it has entered into a purchase agreement to acquire a 45% share holding in Italcementi...
Wednesday, July 29, 2015 HeidelbergCement to accelerate growth with the acquisition of Italcementi » HeidelbergCement AG (“HeidelbergCement”) today announced that it has entered into a purchase agreement (the “Stock Purchas...
Wednesday, July 29, 2015 UPDATE 1-Nexen pipeline leaks 31,500 bbls of emulsion at oil sands site » Nexen Energy, a wholly owned subsidiary of China's CNOOC Ltd, has shut down a pipeline at its Long Lake oil sands facility...
Monday, July 27, 2015 The year that broke oil: What’s the damage and where does Canada go from here? » Analysts used to think the oil rout would rival the iconic crash of 1986 — now they think it could be much worse — and...
Monday, July 27, 2015 Total seeks buyer for half of Texas refinery - source » French oil major Total S.A. is selling a 50 percent stake in its sole U.S. refinery in Port Arthur, Texas, and has retaine...
Monday, July 27, 2015 Durbin and Kelly: Petcoke Is Everyone's Problem, Not Just Chicago and Detroit » Like every protracted campaign, the battle to defeat the blight of petcoke on Chicago's Southeast Side has had good and ba...
Monday, July 27, 2015 Lafarge brand unlikely to be changed after merger » Zimbabwe: Lafarge Cement Zimbabwe, which recently merged with Holcim, is considering retaining its Lafarge brand in the co...
Monday, July 27, 2015 Holcim set to operate new US$350m Tuban II cement plant » Indonesia: Holcim Indonesia is ready to operate its new US$350m Tuban II plant at the end of 2015, according to Indonesia...
Monday, July 27, 2015 Votorantim to suspend production in Ribeirao Grande cement plant » Brazil: Votorantim Cimentos intends to temporarily suspend production at its cement plant in Ribeirao Grande, Sao Paulo fr...
Monday, July 27, 2015 Chinese spot alumina prices hold steady despite smelter cuts » Chinese spot alumina prices held steady Monday despite smelter cuts over the past week, industry sources said. h...
Monday, July 27, 2015 SMM Aluminum Market Morning Review » LME aluminum opened at USD 1,640/mt last Friday. The light metal touched day’s high of USD 1,650/mt and day’s low of USD 1...
Friday, July 24, 2015 Falling aluminium prices could add to uncertainty around Cairn-Vedanta merger » Falling aluminium prices could add to the uncertainty around the proposed merger of mining and minerals company Vedanta Lt...
Friday, July 24, 2015 India Mines Ministry Proposes Doubling Aluminum Import Tax » India’s mines ministry will ask its counterparts in the government’s finance department to double the import tax on alumin...
Friday, July 24, 2015 Global aluminum output decreased in June: IAI » The most recent statistics released by the International Aluminum Institute (IAI) indicates that the global aluminum outpu...
Friday, July 24, 2015 LafargeHolcim Officially Launched » Holcim Ltd. and Lafarge SA officially launched their new combined building materials company – LafargeHolcim – on July 15...
Friday, July 24, 2015 UPDATE 1-Power restored after brief outage at Alliance refinery -Phillips 66 » Phillips 66 said power had been restored following a brief, unscheduled outage that shut parts of its 247,000-barrel-per-d...
Friday, July 24, 2015 US drives Cemex growth » Cemex had sales of US$ 3.8 billion in the second quarter of 2015. The company said this was a +5% increase on a like-for-l...
Friday, July 24, 2015 (0 Comments - view/add) Cemex reports sales growth in 2015 » Mexico: Cemex's consolidated net sales in the second quarter of 2015 grew by 5% year-on-year on a like-for-like basis for...
Friday, July 24, 2015 Cemex 2Q like-for-like net sales up 5% » Cemex announced yesterday that consolidated net sales reached US$3.8bn during the second quarter of 2015, representing a d...
Friday, July 24, 2015 Oil settles below $50 for first time since early April » Oil futures fell on Wednesday, with U.S. prices settling below $50 a barrel for the first time since early April after a w...
Friday, July 24, 2015 Crude Oil in Red Ahead of Inventory Data » Crude futures posted losses on Wednesday as prices of the commodity continued their decline due to supply, slowing demand,...
Friday, July 24, 2015 Oil prices fall as industry data points to rising U.S. crude stocks » Oil prices fell in early Asian trade on Wednesday, after industry data showed U.S. crude inventories rose last week, even...
Friday, July 24, 2015 Crude & Brent Oil Fundamental Analysis – July 23, 2015 – Forecast » Crude Oil continued its decline falling 58 cents to 50.28 but well supported by the $50 price level. Traders are waiting f...
Friday, July 24, 2015 India’s crude oil output down marginally » India’s crude oil production slipped marginally, less than 1 per cent, to 3.1 million tonnes in June as good showing by ON...
Friday, July 24, 2015 U.S. reminds rail companies of oil rules » Companies sending oil from the Bakken shale reserve area by rail are reminded of their responsibility to give advance traf...
Monday, July 20, 2015 Bahrain industry to receive a boost from smelter expansion » The $3.5bn Line 6 expansion is forecast to increase the company's annual output by 514,000 tonnes to reach 1.45m tonnes pe...
Monday, July 20, 2015 No more govt sweeteners to keep Tiwai Point open, Key says » The foreign owners of the Tiwai Point aluminium smelter have had discussions with Finance Minister Bill English about furt...
Monday, July 20, 2015 HKEx says settlement reached on US aluminium price-fixing claims » Hong Kong Exchanges & Clearing Ltd (HKEx) <0388.HK) said on Sunday it had settled two class-action lawsuit complain...
Monday, July 20, 2015 China, the aluminum giant that's still growing: Andy Home LONDON \| BY ANDY HOME » If you're wondering why aluminum prices on the London Metal Exchange (LME) are hovering around six-year lows, you need loo...
Monday, July 20, 2015 Oil prices dips below $50 on ample supply, strong dollar » Oil futures fell on Monday and U.S. crude slipped below $50 a barrel intraday as ample supply, the prospect of more Irania...
Monday, July 20, 2015 Oil price weakness, refinery margin strength expected in Q2 results » Commodity price and oilfield activity weakness will be balanced by strong refinery profits as Calgary’s producers and serv...
Friday, July 17, 2015 HOW PETCOKE STACKS UP » There are ocean people and mountain people, but I’m willing to bet no one in the latter category wants to live near petrol...
Friday, July 17, 2015 Gary Peters wants a study of health risks of pet coke » U.S. Senator Gary Peters, D-Michigan, has introduced legislation with Illinois Senator Dick Durbin to require a study of t...
Friday, July 17, 2015 India plans $3 billion aluminum smelter in Iran » India plans a $3 billion aluminum smelter complex in Iran, now that nuclear negotiations between Tehran http://a...
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