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News & Press

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Industry News
Tuesday, December 23, 2014 Quebec signs deal with Rio Tinto Alcan to preserve 1,000 jobs » SAGUENAY, Que. (CP) — The Quebec government has reached an agreement in principle with Rio Tinto Alcan that would extend t...
Tuesday, December 23, 2014 Venezuelan problems weighing on petcoke prices » Continued problems in Venezuela along with other bearish global sentiment weighed on spot petroleum coke prices through Fr...
Tuesday, December 23, 2014 Aluminium producer China Hongqiao in 1.9 billion yuan deal to boost capacity » China Hongqiao Group, one of the mainland’s largest aluminium producers, has announced a 1.9 billion yuan acquisition that...
Monday, December 22, 2014 Crude Oil Inventory Declines; Shale Play Shares Rise » The Energy Information Administration released data showing that crude inventories declined by 800,000 barrels to 379.9 mi...
Monday, December 22, 2014 Turning point for coal? Japanese trading firms snap up coal assets » TOKYO/MELBOURNE, Dec 22 (Reuters) - Only a few months ago, a potential buyer said Japanese trading house Marubeni Corp was...
Monday, December 22, 2014 Lawmakers reject HOVENSA deal » After a debate during which emotions ran high, the 30th Legislature on Friday rejected a proposed operating agreement betw...
Monday, December 22, 2014 US Virgin Islands legislators reject bill to sell Hovensa oil refinery » Legislators in the U.S. Virgin Islands have rejected a proposal to sell the former Hovensa oil refinery in St. Croix....
Monday, December 22, 2014 St. Croix Refinery to Stay Closed After Vote » The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Island's Legislature voted overwhelmingly agai...
Monday, December 22, 2014 Hovensa refinery deal rejected over contract breach doubts » The U.S. Virgin Islands' legislature turned down an agreement on Friday that would lead to the reopening of the 350,000 ba...
Monday, December 22, 2014 Ma'aden to increase production at $4bn smelter » Saudi Arabian Mining Company Ma'aden has announced that it began commercial production at its huge aluminium smelter in Ra...
Thursday, December 18, 2014 Chicago health commissioner blasts KCBX over petcoke » On Tuesday, the Koch Industries subsidiary KCBX announced its plans to enclose the controversial piles of petcoke it has b...
Thursday, December 18, 2014 Where is the global economy headed and what’s in store for its citizens? » The Great Recession of 2008–09 badly shook the global market, changing the landscape for finance, trade, and economic grow...
Thursday, December 18, 2014 World Economy: Past and future tense » A FINANCIAL crash in Russia; falling oil prices and a strong dollar; a new gold rush in Silicon Valley and a resurgent Ame...
Thursday, December 18, 2014 CITGO's U.S. 'Freakout' » CARACAS, Venezuela -- In an on-again, off-again sale saga, CITGO Petroleum Corp., Venezuela's U.S. oil company, has receiv...
Thursday, December 18, 2014 PDVSA's Citgo valued at over $10bn in revised December bids » Citgo Petroleum has reportedly received revised offers from at least four bidders this month, some of which have valued Ve...
Thursday, December 18, 2014 Chicago ‘Petcoke’ Handler Says It’ll Enclose Piles » A company storing petroleum coke on Chicago’s southeast side says it plans to build a huge structure to contain the...
Tuesday, December 16, 2014 • Saudis allow falling oil prices to squeeze archrival Iran » Conventional wisdom in Western capitals holds that Saudi Arabia has held firm in sessions with its OPEC partners against l...
Tuesday, December 16, 2014 Where is Aluminium Market Heading? » Chinese producers have called for the removal of the government's 15% export tax on primary aluminum. http://www.fnarena...
Tuesday, December 16, 2014 Indian interest in imported petcoke steady, but low prices sought » Indian buying interest in imported petroleum coke was steady Friday, with a few cement companies looking for cargoes altho...
Tuesday, December 16, 2014 Higher sulfur US petcoke prices down on weak Chinese demand » Uncertainty about Chinese demand for higher sulfur petroleum coke cargoes originating in the US Gulf Coast sent prices dow...
Tuesday, December 16, 2014 Brazil OKs Holcim-Lafarge Merger With Fixes » Brazil’s competition watchdog on Wednesday approved the megamerger of European cement makers Holcim Ltd. andLafarge SA on...
Tuesday, December 16, 2014 Slower demand in oil producing nations forecast by IEA » PARIS - International Energy Agency, leading global energy forecaster, Friday further cut the oil demand growth outlook fo...
Tuesday, December 16, 2014 Falling oil prices threaten to transform the industry » Companies that had been riding the crest of $100-plus oil are facing a reality check. What looked like a good investment a...
Tuesday, December 16, 2014 Shifting Sands: How Energy Is Shaping Canada’s Foreign Policy » The recent rejection of the Keystone XL pipeline project in November by the United States Senate is only the latest chapte...
Thursday, December 11, 2014 Can burning tires be called renewable energy? » Burning tires, coal mining by-products and trash can be called many things. But what they shouldn't be called, environment...
Thursday, December 11, 2014 City Council Meeting: Taxis, Petroleum Coke & Cardinal Francis George » The Chicago City Council meets for the last time this year on Wednesday morning to address a range of legislation from les...
Thursday, December 11, 2014 Coal plants, petcoke remain hot issues in Chicago elections » Even though they closed in 2012, Chicago’s controversial Fisk and Crawford coal plants are making an encore appearance in...
Thursday, December 11, 2014 China unlikely to cut 15% export tax on primary aluminum: sources » China is unlikely to cut a 15% export tax on primary aluminum despite a request by state-owned producer Chalco, Chinese an...
Thursday, December 11, 2014 Continued Expansion At Wood River Refinery » The continued expansion at the Phillips 66 Wood River Refinery means more jobs for union construction workers over the nex...
Thursday, December 11, 2014 Canada: new alternative fuels initiative introduced at Joliette cement plant » Holcim Canada and Van Houtte Coffee Services Inc, a subsidiary of Keurig Canada Inc, have introduced a new service to reco...
Thursday, December 11, 2014 East Hope to Put Online 800,000-tpy Aluminum Project in 2015 » SHANGHAI, Dec. 10 (SMM) – East Hope Group is slated to bring phase one 800,000-tpy aluminumproject in Shanxi province onli...
Thursday, December 11, 2014 China Shandong to Cut Aluminum Capacity to 9 Mln Tonnes by 2017, and Stop Approving New Capacity » SHANGHAI, Dec. 5 (SMM) – Shandong province plans to cut local aluminum capacity to 9 million tonnes by 2017 and no longer...
Thursday, December 11, 2014 Will Chinese Aluminum Smelters’ Proposal to Remove Export Duty on Primary Aluminum Get Approval » SHANGHAI, Dec. 8 (SMM) – Some Chinese aluminum smelters appealed to the government to remove 15% export duty imposed on pr...
Thursday, December 11, 2014 Sohar Aluminium completes major revamp of potline » Muscat: A major revamp of Sohar Aluminium's 1.2-km-long potline, which forms the centerpiece of the $2.4 billion smelter p...
Thursday, December 11, 2014 Lafarge-Holcim merger set to gain EU approval? » Reuters is reporting that the mega merger between Lafarge and Holcim is set to gain EU approval, citing two unnamed source...
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