Research and Analysis

1. AkzoNobel completes acquisition of aerospace coatings firm Mapaero

   11 November 2019

   Acquisition was originally announced in July.

2. Givaudan to acquire US flavors and fragrances firm Ungerer

   11 November 2019

   Strengthening specialty ingredients capabilities.

3. AGC to expand biopharmaceutical production facilities in the US, Denmark

   11 November 2019

   Reinforcing CDMO business.

4. Aramco publishes 658-page prospectus ahead of IPO

   11 November 2019

   Riyadh can still sell more shares to foreign government entities despite contractual 12-month lockup.

5. Nexam Chemical appoints new chairman

   11 November 2019

   Persson to take over from long-time incumbent Holm, who is resigning due to other commitments.

6. Crude Oil Trade: Iraq exports declining along with Suezmax market share

   11 November 2019 Fotios Katsoulas

   Iraq has been producing below its capacity of almost five million b/d, following the production cut agreement between OPEC and ten non-OPEC producers....

   

7. Japan looking to subsidise compact BEVs

   11 November 2019 IHS Markit Automotive Expert

   The Japanese government is looking at offering subsidies for the purchase of compact battery electric vehicles (BEVs).

   

8. Ireland’s Offshore Basins: Can Past Disappointments Lead to Future Success?

   11 November 2019 IHS Markit Energy Expert

   Offshore Ireland has over 30 years of exploration history. The last licensing round held in 2015 saw a significant increase in the interest of...

   

9. Singapore air force concludes KC-135R operations

   11 November 2019

   The Republic of Singapore Air Force (RSAF) ceased operating its four Boeing KC-135R Stratotanker aircraft in June, with the new A330 Multi-Role...

10. Aramco publishes 658-page prospectus ahead of IPO

    11 November 2019

    Riyadh can still sell more shares to foreign government entities despite contractual 12-month lockup.

11. Australia’s third air warfare destroyer completes sea trials

    11 November 2019

    Key Points Australia’s third air warfare destroyer has concluded its sea trials The vessel will be delivered to the Royal Australian Navy in Fe...

12. Boeing appoints new MD for Australian business

    11 November 2019

    Boeing has named Scott Carpendale as vice president and managing director of Boeing Defence Australia (BDA). Carpendale succeeds Darren Edwards...

13. GRSE lays keel for Indian Navy’s first 110 m survey vessel

    11 November 2019

    Garden Reach Shipbuilders and Engineers (GRSE) has laid down the first of four survey vessels on order for the Indian Navy. Keel for the vessel...

14. Curtiss-Wright exploring defence acquisitions

    11 November 2019

    Curtiss-Wright is prepared to invest up to USD1.6 billion to acquire other businesses and is looking at potential deals in several sectors, including...

15. HHI launches Daegu-class frigate for RoK Navy

    11 November 2019

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has launched the third of eight Daegu (FFX-II)-class guided-missile frigates on order...

16. Japan looks to boost exports of defence components

    11 November 2019

    Japan is focusing on building its defence export profile through transfers of components and subsystems while continuing efforts to secure an...

17. UK prepares for ‘Wilton’ peacetime route survey capability

    11 November 2019

    The UK Ministry of Defence (MoD) is moving forward with plans to deliver a new unmanned autonomous capability for peacetime mine countermeasures...

18. Indian MoD awards OFB USD2.8 billion contract to licence-build 464 additional T-90S MBTs

    11 November 2019

    India’s Ministry of Defence (MoD) has signed a INR200 billion (USD2.8 billion) contract with the state-owned Ordnance Factory Board (OFB) to li...

19. Burundi’s AMISOM contingent receives Springbuck, Fahd vehicles

    11 November 2019

    The Burundian contingent serving with the African Union Mission in Somalia (AMISOM) has taken delivery of 10 Springbuck Heavy Duty (HD) mine-resistance...

20. Quickstep, Radius collaborate on F-35 composites

    11 November 2019

    Australia firm Quickstep Holdings Limited has entered an agreement with US-based Radius Engineering to collaborate on setting up a facility in...

21. Expert guidance: Naval centres of excellence provide expertise and training for new global realities

    11 November 2019

    NATO’s naval centres of excellence are evolving against a changing strategic backdrop, with militaries increasingly focused on the potential for p...

22. Final Hobart-class destroyer to be delivered to RAN in February 2020

    11 November 2019

    The third and final Hobart-class Air Warfare Destroyer (AWD) on order for the Royal Australian Navy (RAN) is set to be handed over to the service...

23. NATO’s training mission in Iraq gaining momentum

    11 November 2019

    NATO’s train-the-trainer mission in Iraq is making progress on several fronts, including ordnance disposal, equipment codification, and cyber...

24. Pentagon official accuses China of failing to enforce UNSC resolutions on North Korea

    11 November 2019

    Randall Schriver, the US Assistant Secretary of Defense for Indo-Pacific Security Affairs, has accused China of failing to enforce UN Security...

25. Spain gives go-ahead to buy final two Seahawks

    11 November 2019

    The Spanish government has given the go-ahead to buy a final two Sikorsky SH-60F Seahawk helicopters as part of a stopgap measure to cover the...

26. Spanish Army orders portable CBRN laboratory from Indra

    11 November 2019

    The Spanish Army is to receive a rapidly deployable portable chemical laboratory from Indra, the company announced in a press release on 7 November....

27. Vietnam modernising its AK-47 assault rifles

    11 November 2019

    Vietnam’s Z111 factory has launched a modernisation of the armed forces’ inventory of AK-47 assault rifles in a move aimed at making the weapons...

28. Week Ahead Economic Preview: Week of 11 November 2019

    08 November 2019 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw

    US-China trade developments are dominating markets and the coming week will see the release of important indicators of how both economies have...

    

29. M&A quarterly briefing: Volumes and values rise strongly

    08 November 2019

    Chemicals M&A volumes and values both rose strongly on a year-on-year (YOY) basis during the second-quarter of 2019, according to CW data. Deal...

30. Kronos earnings down YOY on pricing, costs

    08 November 2019

    Earnings per share of $0.16 missed the average analyst estimate of $0.19.

31. Sumitomo Chemical America joins cleantech incubator

    08 November 2019

    Sumitomo Chemical America announced today that it has joined cleantech incubator Greentown Labs (Somerville, Massachusetts) as a "Terrawatt-level...

32. Togo and Dangote link in $2 billion fertilizer project

    08 November 2019

    Using country's large phosphate reserves.

33. Ercros posts higher earnings, sales on volume increase, lower costs

    08 November 2019

    Cost of key inputs declined by more than prices of Ercros products.

34. Capital Markets Weekly: China and Brazil achieve long-dated debt successes

    08 November 2019 Brian Lawson

    China raised 12- and 20-year funding in its first Euro-deal since 2004. Brazil sold 10-and 31-year dollar debt at its second-lowest cost to date....

    

35. Acron to expand ammonium nitrate capacity in Russia

    08 November 2019

    Supported by nitric acid plant expansion.

36. Total quits American Fuel & Petrochemical Manufacturers Association in dispute over climate stance

    08 November 2019

    Maintains membership of three other American associations.

37. Sadara losses mount on lower product prices

    08 November 2019

    Cumulative nine-months' losses huge.

38. Report: Air Liquide to put Schülke up for sale

    08 November 2019

    German subsidiary could be valued at up to Euros 1 billion as Air Liquide looks to streamline its operations, according to Reuters.

39. Sibur taps McKinsey for board appointment

    08 November 2019

    To head development and R&D department.

40. Perstorp breaks ground on pentaerythritol project in India

    08 November 2019

    Switched location from Maharashtra to Gujarat.

41. UPL's profit plunges on one-time costs, operating units achieve higher profitability

    08 November 2019

    Company reports growth across global operations.

42. Celanese partners with Chinese firm on R&D and expansion into emerging markets

    08 November 2019

    Companies will evaluate where Celanese can develop new product applications for use in Oriental Yuhong's waterproofing business.

43. China Sunsine's profit plummets on lower average selling price

    08 November 2019

    Decrease in ASP was mainly due to the lower price of raw materials.

44. PV installation forecast in China lowered in 2019 but global forecast of 129 GW in 2019 remains unchanged

    08 November 2019 Edurne Zoco, Ph.D.

    On October 29th, the China National Energy Administration (NEA) released cumulative connection data for the first nine months of 2019 of 15.99...

    

45. Orica swings to profit

    08 November 2019

    Volume for AN grew by 3% YOY to 1.68 MMt in Australia Pacific & Asia region.

46. India's lucrative energy industry

    08 November 2019 IHS Markit Energy Expert

    India is the fastest growing major economy besides China and will be the prime contributor to the Asian fuel demand growth

    

47. Denka's first-half income drops, cuts forecast

    08 November 2019

    Elastomers and performance plastics segment achieved lower profitability.

48. Crude Oil Trade: Nigeria shipped less in October, but demand for Suezmax increased

    08 November 2019 Fotios Katsoulas

    There is no doubt that the construction of the 650,000 b/d Dangote refinery in Nigeria will be a landmark both for the oil industry in West Africa...

    

49. Recipharm profit, sales rise on good business

    08 November 2019

    Company reported good good growth across all segments and regions.

50. Hyundai, Philippines to co-operate on navy projects

    08 November 2019

    South Korean shipbuilder Hyundai Heavy Industries (HHI) and the Philippines Department of National Defense (DND) have signed an agreement to...

51. Iran reports two more tanker attacks to IMO

    08 November 2019

    Iran has told the International Maritime Organization (IMO) that three of its tankers have been attacked in the Red Sea this year, the Wall Street...

52. UAE to buy additional Chinooks

    08 November 2019

    The United Arab Emirates (UAE) is set to receive additional Boeing CH-47F Chinook medium/heavy-lift transport helicopters, with US State Department...

53. Maritime security coalition stands up HQ in Bahrain

    08 November 2019

    Coalition Task Force (CTF) Sentinel, the multinational maritime security mission for the waters around the Arabian Peninsula, announced on 7...

54. UK deploys up-armoured Warrior IFVs to Estonia

    08 November 2019

    Up-armoured Alvis Warrior infantry fighting vehicles (IFVs) have been deployed to Estonia as part of a rotation of the equipment for the UK-led...

55. Royal Australian Navy ranks grow by 1,000 personnel in less than two years

    08 November 2019

    The number of Royal Australian Navy (RAN) personnel has increased by more than 1,000 in less than two years, according to the Department of Defence...

56. Northrop Grumman to deliver tactical data link systems to ADF

    08 November 2019

    Northrop Grumman announced on 6 November that has been awarded a three-year contract by the Australian Defence Force Tactical Data Link Authority...

57. HHI launches second and final José Rizal-class frigate for Philippine Navy

    08 November 2019

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has launched the second and final José Rizal-class multirole frigate on order for the ...

58. Ukraine to spend 3% of GDP on defence in 2020

    08 November 2019

    Ukraine will spend 3% of GDP on defence in 2020, totalling UAH136 billion (USD5.539 billion), Defence Minister Andriy Zahorodniuk said during...

59. Australia hands over Guardian-class patrol boat to Solomon Islands

    08 November 2019

    Australia handed over a Guardian-class patrol boat to the government of the Solomon Islands in a ceremony held on 8 November at the facilities...

60. IDF planners make increased use of battle simulations

    08 November 2019

    The Israel Defense Forces’ (IDF) Operations Branch has been making increasingly effective use of a battle simulation computer system, an offic...

61. Ukraine to revive BTR-4 contract

    08 November 2019

    The Ukrainian President Volodymyr Zelensky has instructed the Ukrainian cabinet of ministers to consider an extension to the BTR-4E armoured...

62. Bulgaria purchases two used Tripartite-class minehunters

    08 November 2019

    The Bulgarian government decided on 6 November to purchase two used Tripartite-class minehunters from the Netherlands for nearly EUR2 million...

63. Rheinmetall’s sales rise on defence strength

    08 November 2019

    The Rheinmetall Group’s sales grew 3.1% to EUR4.3 billion (USD4.7 billion) in the first nine months of this year, as gains in the Defence secto...

64. UK Royal Navy begins mini-UAV training

    08 November 2019

    UK Royal Navy (RN) personnel have begun flying mini-unmanned aerial vehicles (UAVs) from an airfield in Cornwall as part of the service’s exper...

65. Update: US Air Force plans big investments towards digital architecture, space capabilities

    08 November 2019

    Key Points The US Air Force plans to invest heavily over the next five years on digital architecture and both offensive and defensive space capabilities...

66. Triumph Group eyes more defence work

    08 November 2019

    Triumph Group, which makes and repairs aircraft parts, is pursuing several opportunities to grow its share of robust US defence spending, according...

67. US Air Force plans aircraft communications survivability test in December

    08 November 2019

    Key Points The USAF is planning a communications test between a F-22 and F-35, both of which use different languages and frequencies to exchange...

68. Naval vessel revenue up in Fincantieri Q3 results

    08 November 2019

    Italian naval shipbuilder Fincantieri reported a 9.7% increase in revenues in the first three quarters of 2019 on 7 November, when it released...

69. Leonardo revenues up 10.8% in first nine months of 2019

    08 November 2019

    Italy's defence and aerospace manufacturer Leonardo published financial results covering the first nine months of its 2019 financial year on...

70. HII CEO cites continued maintenance capacity issue for USN ships

    08 November 2019

    The US Navy (USN) continues to face capacity issues in trying to keep its ships maintained, Huntington Ingalls Industries (HII) CEO Michael Petters...

71. Keel authenticated for first Flight III Arleigh Burke-class destroyer

    08 November 2019

    The keel for the first planned US Navy (USN) Flight III Arleigh Burke-class guided missile destroyer Jack H Lucas (DDG 125) was ceremoniously...

72. South Korea launches Philippine Navy’s second José Rizal-class frigate

    08 November 2019

    Key Points South Korea has launched a second José Rizal-class frigate on order for the Philippine Navy The vessel is on track for delivery in 2...

73. Trinseo's Pappas to receive SCI Medal

    07 November 2019

    The medal honors an individual whose leadership, commitment, and contributions have been responsible for substantial progress and performance...

74. Ineos declares force majeure on ethanolamines, cites EO outage at Plaquemine

    07 November 2019

    The outage appears to be tied to the explosion at Dow's Glycol 2 unit at Plaquemine.

75. Element Solutions beats estimates despite lower sales

    07 November 2019

    Element Solutions, the former electronic chemicals business of Platform Specialty Products, today reported a third-quarter net loss of $6 million...

76. Air Products earnings up 13% on new project volumes

    07 November 2019

    The company indicated that organic growth was essentially flat for the quarter due to industrial weakness with volume growth driven by plant...

77. Chemtrade sales down 5% YOY on lower caustic, HCl pricing

    07 November 2019

    Excluding one-time asset transactions, net income was C$9.7 million, up from C$0.8 million in the year-ago period.

78. ICL reports drop in sales on lower volumes and prices

    07 November 2019

    On track with phosphoric acid project in China.

79. IHS Markit Asia Chemical Conference: Nylon 6,6 outlook turns positive as feedstock supply improves

    07 November 2019

    Market faced disruption in 2017-18 due to an adiponitrile feedstock shortage.

80. Solvay's earnings up on composites demand growth, higher prices for soda ash, peroxides

    07 November 2019

    Higher demand for Solvay's products from the aerospace industry mitigated weakness for products supplied to the automotive, electonics sectors....

81. BASF and NGK partner in developing next generation sodium-sulfur batteries

    07 November 2019

    Extending collaboration.

82. Adama and Huifeng form commercial crop protection JV in China

    07 November 2019

    Ahead of a larger transaction.

83. Arakawa Chemical registers poor performance across business units

    07 November 2019

    Net profit down by 51.4% YOY.

84. US-China trade tension, sluggish Chinese economy squeeze Toray's earnings

    07 November 2019

    The chemicals business was affected by the decline in the basic chemicals market.

85. PTTGC's earnings hurt by poor olefins, aromatics performance

    07 November 2019

    PE price was impacted by global economic slowdown and US-China trade tension.

86. Lower semiconductor, automotive demand hurts Daikin's chemical earnings

    07 November 2019

    Market deceleration affected YOY results.

87. Toyobo reports lower profit on flat revenue

    07 November 2019

    Net profit down by 31% YOY.

88. Crude Oil Trade: Mexico recovering, with a limited impact on shipping

    07 November 2019 Fotios Katsoulas

    Pemex recently announced its results for September, with crude oil production having reached 1.731 million b/d, up 24,000 b/d since August, but...

    

89. Breaking the dynasty: Midstream reforms in Asia’s gas markets

    07 November 2019 Zhi Xin Chong Vince Heo Vidur Singhal Tianshi Huang Kaori Tachibana

    As with many natural gas markets around the world, Asian gas markets typically developed as natural monopolies, built around national or private...

    

90. Air Liquide, Sinopec sign MOU on hydrogen mobility in China

    07 November 2019

    Air Liquide will provide Sinopec with its hydrogen supply chain, from production and storage to distribution.

91. LG Chem opens $95 million petchem technology center in South Korea

    07 November 2019

    The Osan tech center will have more than 60 laboratories to test petchem products

92. Higher volumes boost India's Balaji Amines earnings

    07 November 2019

    Amines volume grew 23% YOY.

93. India's National Fertilizer's profit falls on higher volume

    07 November 2019

    Net profit plunges 66% YOY.

94. PTTGC affiliate Global Green Chemicals swings to loss

    07 November 2019

    Reports a net loss of 97 million baht.

95. Solvay reorganizes businesses, targets cost cuts under new strategy

    07 November 2019

    The strategy, which also includes financial targets through 2024, follows a portfolio review launched by new CEO Ilham Kadri.

96. McDermott licenses alpha-methylstyrene technology to Formosa Chemicals

    07 November 2019

    Process to be used at Ningbo, China.

97. Linde to invest $100 million in three ASUs in Taiwan to supply electronics customer

    07 November 2019

    Completion due in 2021.

98. Australian Army enlists SitaWare HQ for Track Management Capability

    07 November 2019

    The Australian Army has selected Systematic’s SitaWare Headquarters (HQ) software to enhance its deployable command-and-control (C2) capabilities, the c...

99. UK calls a halt to fleet support ship competition

    07 November 2019

    The UK Ministry of Defence (MoD) has abruptly halted the international competition for up to three new Fleet Solid Support (FSS) ships for the...

100. Airbus lifts lid on secret LOUT UAV

     07 November 2019

     Airbus has revealed for the first time a secret unmanned aircraft it has developed as a stealth-testbed for the German government. The Low Observable...

101. Pakistan Navy tests Zarb coastal defence system

     07 November 2019

     The Pakistan Navy (PN) announced on 5 November that it conducted a test-firing of its Zarb land-based anti-ship cruise missile (ASCM) system...

102. Malaysia ramps up anti-corruption effort

     07 November 2019

     The Malaysian Ministry of Defence (MoD) has said it is implementing new policies to ensure that defence procurement is free of corruption. It...

103. Subaru boosts aerospace sales

     07 November 2019

     The Subaru Corporation has announced strong gains in the first half of fiscal year (FY) 2019–20, partly supported through growth in its aeros...

104. US forms ‘strike force’ to probe government procurement fraud

     07 November 2019

     The US Justice Department announced on 5 November that it has created an inter-agency partnership to investigate and prosecute bid-rigging conspiracies...

105. Japan to launch Future Fighter Development Office

     07 November 2019

     Japan’s Acquisition, Technology & Logistics Agency (ATLA) has confirmed plans to establish in the next few months a dedication division to support...

106. Australian summit aims to boost industry skills

     07 November 2019

     The Australian Department of Defence (DoD) is seeking to drive a growth in defence industry skills through a new forum inaugurated in Perth on...

107. Saab flies new electronic attack pod on Gripen for first time

     07 November 2019

     Saab flew its Electronic Attack Jammer Pod (EAJP) on the Gripen combat aircraft for the first time on 4 November, the company announced. According...

108. Norway declares F-35A initial operational capability

     07 November 2019

     Key Points Norway declared IOC for its F-35As on 6 November It becomes the third European nation to declare initial capability after the UK and...

109. Saab begins escort jammer flight testing

     07 November 2019

     Saab has begun flight testing of a low-band Electronic Attack Jammer Pod (EAJP) developed as part of the company’s Arexis family of fast-jet elect...

110. India, Russia agree to further expand bilateral defence co-operation

     07 November 2019

     New Delhi and Moscow have agreed to imminently upgrade after-sales service facilities for Russian materiel in service with the Indian military...

111. Syria reportedly recovered David’s Sling missile

     07 November 2019

     The Syrian military recovered a Stunner missile launched by Israel’s David’s Sling air-defence system, China’s Sina website reported on 2 Nov...

112. Pakistan Navy commissions 3,000-ton survey ship Behr Masah

     07 November 2019

     The Pakistan Navy (PN) has commissioned a new 3,000-ton survey ship named PNS Behr Masah . The 80.8 m-long vessel, which was built in China by...

113. Esper calls on US private sector, academia to help in the AI race against China

     07 November 2019

     US Secretary of Defense Mark Esper has called on private companies and academia to help the US military in the race against China for dominance...

114. British Army releases RFI for weapon locating radar

     07 November 2019

     The UK Ministry of Defence (MoD) released an initial request for information (RFI) on 31 October for new weapon locating radar systems being...

115. Huntington Ingalls revenue rises 6.5% in Q3

     07 November 2019

     US-based Huntington Ingalls Industries (HII) announced on 7 November that its third-quarter revenue totalled USD2.2 billion, up 6.5% from a year...

116. Pentagon intensifies warning over pending programme delays

     07 November 2019

     With the US House of Representatives set to begin public impeachment hearings for President Donald Trump, the military services are ramping up...

117. UK Boxer contract signed

     07 November 2019

     The Organisation for Joint Armament Cooperation (OCCAR) and Rheinmetall-Krauss-Maffei Wegmann (KMW) joint venture Artec signed a GBP2.8 billion...

118. Raytheon will sell Forcepoint cyber firm at ‘right time’

     07 November 2019

     US defence contractor Raytheon plans to sell its Forcepoint cyber-security firm at some point but has no specific time frame for doing so, according...

119. Ugandan air force improves pilot training facilities

     07 November 2019

     The Ugandan People’s Defence Force - Air Force (UPDF-AF) has upgraded its training facilities at Gulu Air Base in the Northern region, it wa...

120. Airbus DS to offer improved A330 MRTT

     07 November 2019

     Airbus Defence and Space (DS) announced an improved variant of the A330-200 Multi-Role Tanker Transport (MRTT) aircraft during the annual Trade...

121. J-11B images fuel speculation about AESA radar upgrade

     07 November 2019

     Images have emerged in Chinese state-owned media showing at least two People’s Liberation Army Air Force (PLAAF) Shenyang Aircraft Corporation J-11B...

122. Rapid response: JEF maritime deployment demonstrates flexibility to meet participant requirements

     07 November 2019

     The UK-led Joint Expeditionary Force completed its first operational maritime deployment during 2019. Dr Lee Willett considers how the concept’s focus...

123. US Army seeking right mix of systems, capabilities in key tactical network drill

     07 November 2019

     Hitting the right mix of network and communication platforms, systems, and capabilities for US Army ground units will be one of several key objectives...

124. Air Products signs MOU for industrial gas production in Saudi Arabia

     06 November 2019

     Air Products says it has signed a memorandum of understanding (MOU) with the Royal Commission for Jubail and Yanbu, an arm of the Saudi government....

125. Albemarle falls short of estimates despite higher volumes

     06 November 2019

     Albemarle today reported third-quarter net income up 19.5% year-on-year (YOY), to $155.1 million, on sales up 13.1%, to $879.7 million. Adjusted...

126. PMI shows continued modest improvement in US manufacturing

     06 November 2019

     US manufacturers showed greater confidence in output growth over the coming year, says IHS Markit.

127. N. America weekly chemical rail down YOY on broad decline

     06 November 2019

     On a four-week basis, chemical rail traffic declined 4% YOY.

128. Fallling fiber prices drive Lenzing's profits, sales down

     06 November 2019

     Standard rayon fiber prices dropped to a historic low in the third quarter on capacity expansions, weaker demand.

129. Livent signs lithium supply deal with LG

     06 November 2019

     Livent says it has signed a memorandum of understanding (MOU) with LG (Seoul, South Korea) for a multi-year supply of lithium. The deal will...

130. Livent falls short of estimates on lower carbonate revenues

     06 November 2019

     Lithium maker Livent today reported third-quarter net income down 40.0% year-on-year (YOY), to $18.0 million, on revenue down 12.8%, to $97.7...

131. Sinochem and ChemChina in talks to merge, says chairman

     06 November 2019

     Working on plans to list Syngenta on Shanghai stock exchange.

132. Spain — Power market hoping for a conclusive election

     06 November 2019 Coralie Laurencin

     Interest in renewable power projects in Spain is booming: IHS Markit expects that 2 GW of onshore wind and 4 GW of solar capacity will have been...

     

133. Venator adjusted earnings down YOY on TiO2 pricing

     06 November 2019

     Adjusted earnings per share came to $0.08, down from $0.32 in the year-ago period and ahead of the average analyst estimate of $0.03.

134. RCEP deal creates giant new FTA in Asia Pacific as India stands aside

     06 November 2019 Rajiv Biswas

     Rajiv Biswas, our Asia Pacific Chief Economist, provides his comments on the Regional Comprehensive Economic Partnership deal which will create...

     

135. Compass earnings down YOY on weak Brazil ag sales

     06 November 2019

     Adjusted earnings per share came to $0.36, short of the average analyst estimate of $0.71.

136. GCP Applied Technologies profit falls 34.2% YOY, reaffirms 2019 outlook

     06 November 2019

     GCP Applied Technologies reports third-quarter net income of $16.7 million, down 34.2% year-on-year (YOY), on reduced building materials demand...

137. CPhI Europe: CDMOs, continuous manufacturing, natural extracts as central themes

     06 November 2019

     More than 50,000 visitors to trade show in Frankfurt.

138. Tough economic conditions squeeze Brenntag's profits, sales

     06 November 2019

     Challenging market environment in EMEA, North America; full-year earnings growth will be at low end of forecast range.

139. Daelim Industrial wins polyolefins plant contract from Hyundai Chemical

     06 November 2019

     LyondellBasell supplyign LDPE and EVA copolymers technology.

140. Haldia Petrochemicals submits offer for Nagarjuna refinery currently facing liquidation

     06 November 2019

     Plans to turn it into petchems complex.

141. IHS Markit European GDP Nowcast: Euro area economy stagnating as divergences remain at the country level

     06 November 2019 Paul Smith, Ph.D. Joseph Hayes

     Following this morning's release of final October PMI data for the euro zone, we provide our first comprehensive outlook for the fourth quarter...

     

142. Arlanxeo to close EPDM rubber plant in the US

     06 November 2019

     To improve competitiveness.

143. Iwatani acquires Advanced Specialty Gases

     06 November 2019

     Enters US specialty gases market.

144. Video: Chemical Strategic Vision for 2020 and Beyond

     06 November 2019

     Global chemical markets are experiencing greater uncertainty than ever before. Hindsight is 20/20.

     

145. Germany chemicals: sales, output fall YOY in third quarter

     06 November 2019

     No positive signals expected.

146. Weekly Pricing Pulse: Commodities resist positive events and press lower

     06 November 2019 William May

     A PMI surprise, a Fed rate cut, and trade optimism failed to buoy commodity markets

     

147. Odfjell reports improved results despite seasonal tanker market slowdown

     06 November 2019

     EBITDA rises 63% YOY despite lower volumes, company expects improved fourth-quarter results driven by improving tanker fundamentals.

148. Lower prices, margins demote Siam Cement's chemical earnings

     06 November 2019

     SCG Chemicals sold a combined 475,000 metric tons of PE and PP in the quarter.

149. Henkel breaks ground on electronics plant in South Korea

     06 November 2019

     With an investment of more than €30 million, the plant at Songdo will become a global production hub for the electronics business of Henkel Adhesive...

150. Showa Denko reports lower income on weak performance across business sectors

     06 November 2019

     Sales of petchem products decreased due to a fall in market prices in Asia.

151. The UK passenger car market went into retreat again in October, falling by 6.7% year on year

     06 November 2019 Ian Fletcher

     As in many EU markets, there was some impact from the shift from the New European Driving Cycle (NEDC) fuel-efficiency tests to the Worldwide...

     

152. Gujarat Narmada Valley Fertilizers & Chemicals' profit plunges on weak income across units

     06 November 2019

     Revenue dropped 18% YOY to Rs13.71 billion.

153. Beyond soybeans: The ripple effect of US-China trade tariffs on agribusiness

     06 November 2019

     If the trade war came to an end and the export market reopened, Chinese demand for US ethanol could increase and help to re-balance US supply-demand...

     

154. India's Khaitan Chemicals & Fertilizers reports higher quarterly income

     06 November 2019

     However, operating units achieved lower profitability.

155. Nippon Shokubai's first-half profit plunges on reduced revenue

     06 November 2019

     Operating profit falls 49% YOY.

156. China upstream revitalized – The implications of China’s new energy security strategy

     06 November 2019 Nick Sharma Kunfeng Zhu

     China aims to secure its energy supply by producing more domestic oil and gas

     

157. Asahi Kasei reports marginal drop in profit, downgrades forecast

     06 November 2019

     Maintenance shutdowns at a naphtha cracker and derivative plants, US-China trade tension hits materials sector.

158. The Roebuck Basin – Over 40 years of patience

     06 November 2019 William Plampton Robert Chambers

     The Roebuck Basin, located on Australia’s front line of hydrocarbon exploration and development, is a province turning a lot of heads.

     

159. Securities Lending Q3 Review

     06 November 2019 Sam Pierson

     Global markets see $2.6bn in securities lending revenue

     

160. Mitsui Chemicals' income declines on higher raw material costs, cuts forecast

     06 November 2019

     Slowdown in global automotive sector hits mobility business.

161. Crude Oil Trade: Great potential for Canada, although obstacles to overcome first

     06 November 2019 Fotios Katsoulas

     After the US oil boom, Canada, together with Brazil, is another country whose production will expand dramatically over the next decade.

     

162. Update: UAVOS flight tests 14 m wingspan ApusDuo HAPS aircraft

     06 November 2019

     UAVOS in October flight tested in Belarus a modified version of its ApusDuo high-altitude platform system (HAPS) aircraft that features a 14...

163. Myanmar remains reluctant to ratify nuclear protocol

     06 November 2019

     Key Points Myanmar had weapons of mass destruction programmes before the end of military government in 2011, with limited activity unequivocally...

164. Sudanese satellite launched from China

     06 November 2019

     Sudan’s first satellite has been successfully launched into orbit, the country’s ruling Sovereign Council announced on 5 November. “The satell...

165. Taiwan donates Bell 407 helicopter to Paraguayan air force

     06 November 2019

     Taiwan transferred on 1 November a Bell 407 helicopter to the Paraguayan Air Force, which will be utilised by the service’s helicopter unit ...

166. PGZ pursues ‘strategic reorientation’ of two aviation businesses

     06 November 2019

     Polska Grupa Zbrojeniowa (PGZ – Polish Armaments Group) intends to complete the consolidation of two of its enterprises in 2020. Plans to me...

167. UK MoD launches Skynet 6 competition

     06 November 2019

     The UK Ministry of Defence (MoD) has officially launched the Service Delivery Wrap (SDW) competition in support of the Skynet 6 satellite communications...

168. Slon wind tunnel test model revealed

     06 November 2019

     Russia’s Central Aerohydrodynamic Institute (TsAGI) announced on 5 November that it had completed the manufacture of an aerodynamic model of it...

169. Russian corvette Gremyashchiy to be armed with Tsirkon hypersonic missiles

     06 November 2019

     Russian President Vladimir Putin visited the Yantar Shipyard, a subsidiary of United Shipbuilding Corporation (USC), in St Petersburg on 31 October...

170. Russia lays keels of two new diesel-electric submarines

     06 November 2019

     Russia’s Admiralty Shipyards, a subsidiary of United Shipbuilding Corporation, laid keels of two new Project 636.3 diesel-electric submarines, Ufa a...

171. German government draws up legislation to speed up procurement

     06 November 2019

     The German government on 30 October approved draft “legislation on accelerated procurement in the area of defence and security and on the optim...

172. General Dynamics: Submarine unit’s revenue to double

     06 November 2019

     General Dynamics expects revenue at its Electric Boat unit to double over the next decade as the Columbia-class ballistic missile submarine programme...

173. US Air Force plans big investments towards digital architecture, space capabilities

     06 November 2019

     Key Points The US Air Force plans to invest heavily over the next five years on digital architecture and both offensive and defensive space capabilities...

174. Partners close to defining price and cost of European MALE RPAS

     06 November 2019

     Airbus and its partners aim to finalise the scope and price of the European Medium-Altitude Long-Endurance (MALE) Remotely Piloted Air System...

175. Iraqi T-6 trainers returned to service

     06 November 2019

     The Iraqi Air Force has returned the Beechcraft T-6 Texan II turboprop training aircraft to service after a four-year gap, the Iraqi Ministry...

176. Japan launches second Soryu-class submarine equipped with lithium-ion batteries

     06 November 2019

     Japan’s Kawasaki Heavy Industries (KHI) has launched the second Soryu-class diesel-electric attack submarine (SSK) for the Japan Maritime Self-...

177. Russian army receives first fully upgraded T-80BVM tanks

     06 November 2019

     The Russian army has received the first batch of upgraded T-80BVM main battle tanks (MBTs) from JSC Omsk Transport Machine-Building Plant (Omsktransmash)...

178. USN begins AN/SPN-50 radar testing

     06 November 2019

     The US Navy (USN) has begun land-based testing of its new AN/SPN-50(V)1 Shipboard Air Traffic Radar (SATR) at the Naval Air Warfare Center Aircraft...

179. Safran announces new CEO

     06 November 2019

     Olivier Andries will succeed Philippe Petitcolin as CEO of Safran from 1 January 2021, following a one-year transition period beginning on 1...

180. Martin-Baker declines to protest US Air Force ejection seat contract to Collins Aerospace

     06 November 2019

     Key Points Martin-Baker will not protest an upcoming US Air Force contract for its Next Generation Ejection Seat programme The contract could...

181. Ukroboronprom promises to solve staff arrears problem

     06 November 2019

     Ukroboronprom has pledged to eradicate payroll issues that have resulted in almost one-third of its component organisations owing wages to staff....

182. Airbus details enhanced C295 configuration

     06 November 2019

     Airbus Defence and Space (DS) has disclosed details of a new variant of the C295 transport and special mission aircraft, with Canada as the launch...

183. Chinese air-launched ballistic missile may enter service soon

     06 November 2019

     An article published in the Chinese bi-monthly magazine Modern Ships illustrating how a Xian H-6N strategic bomber would carry an air-launched...

184. IT and telecoms power Indra in Q3

     06 November 2019

     Indra recorded a 4.3% year-on-year (y/y) increase in sales to EUR741 million (USD822 million) in the third quarter (Q3) of 2019, although its...

185. Kratos sees potential production delays from US budget impasse

     06 November 2019

     Kratos Defense & Security could experience delays in some of its production programmes if the US Congress cannot reach a budget agreement for...

186. India, Russia urged to strengthen industry ties

     06 November 2019

     Indian Defence Minister Rajnath Singh has called on Russian defence companies to strengthen links with Indian counterparts in producing military...

187. Indonesia signals F-16V intention

     06 November 2019

     The Indonesian Air Force (Tentara Nasional Indonesia – Angkatan Udara: TNI-AU) is planning to procure two squadrons of Lockheed Martin's F-16V...

188. Singapore’s final Littoral Mission Vessel arrives at home port

     06 November 2019

     Key Points The Republic of Singapore Navy has received its final Independence-class Littoral Mission Vessel Progress of all eight vessels are...

189. Spanish defence cluster now exceeds 20 companies

     06 November 2019

     Three more companies have joined Spanish defence industry cluster CID (Clúster de la Industria en Defensa). The addition of cyber-defence and ...

190. TKMS invests in Kiel

     06 November 2019

     ThyssenKrupp Marine Systems (TKMS) has announced plans to invest EUR250 million (USD277.2 million) by 2023 in its main shipyard in Kiel. The...

191. Israeli Navy to get floating dock for maintenance

     06 November 2019

     The Israeli Ministry of Defense (MoD) announced on 6 November that it will purchase a large floating dock from Israel Shipyards as part of a...

192. Budget constraints preclude S-400 procurement, Serbia confirms

     06 November 2019

     Serbia lacks the funds to procure the S-400 air-defence system from Russia but is on track to receive Pantsir-S1 surface-to-air missiles, according...

193. PMI shows Hong Kong SAR economy suffering biggest fall in output for over two decades

     05 November 2019 Bernard Aw

     Hong Kong SAR’s private sector remained mired in one of its worst downturns for the past two decades during October, according to the latest...

     

194. Trinseo earnings down YOY on styrene, polycarbonate margins

     05 November 2019

     Sales declined 23% YOY to $922 million, mainly on the pass-through of lower costs, but also because of lower volumes in all segments except latex...

195. Chemours earnings drop on titanium dioxide, fluoroproducts weakness

     05 November 2019

     Chemours expects soft economic conditions heading into 2020. "We are anticipating continued pressure on the macros," Chemours president and CEO...

196. Univar earnings fall on lower demand despite inclusion of Nexeo

     05 November 2019

     Univar Solutions today reported net income of $2.5 million, compared with net income of $49.6 million in the year-ago quarter, due mainly to...

197. DSM drops Chase, selects Nexeo for N. America engineering plastics

     05 November 2019

     Nexeo already distributes for DSM in Europe.

198. Nutrien misses estimates, lowers outlook

     05 November 2019

     Fertilizer producer Nutrien (Saskatoon, Saskatchewan, Canada) reports third-quarter net earnings of $141 million, up from a loss of $1.0 billion...

199. Mosaic swings to loss on weak potash and phosphate margins

     05 November 2019

     Mosaic (Tampa, Florida) reports a third-quarter net loss of $44 million, compared to net earnings of $247.5 million in the year-ago quarter....

200. OxyChem earnings down YOY, flat sequentially

     05 November 2019

     Sales totaled $1.071 billion, down 9.6% YOY from $1.185 billion.

201. Death of Baghdadi

     05 November 2019 Ludovico Carlino Ege Seckin Columb Strack

     Baghdadi's death unlikely to significantly reduce capabilities of Islamic State-aligned localized jihadist factions in Syria and Iraq

     

202. Firmenich acquires CO2 extraction technology unit from Evonik Industries

     05 November 2019

     Sale agreed by works council on condition of job security and investment at Trostberg.

203. Westlake earnings down YOY on price decline

     05 November 2019

     Earnings per share of $1.22 beat the average analyst estimate of $1.03.

204. Breakthrough oil-to-chemicals process to be commercialized soon

     05 November 2019

     McDermott confirms large master licensor contract for Amiral in Saudi Arabia.

205. IMCD to buy pharma ingredients distributor in Switzerland

     05 November 2019

     The acquired business, DCS Pharma, supplies the pharmaceutical and nutraceutical industries across eight countries.

206. Hexion to expand phenolic resin capacity in Australia

     05 November 2019

     Capacity upgrade is part of company's strategic push for its adhesives and binders business.

207. Evonik misses estimates, earnings down on lower volumes and prices

     05 November 2019

     Adjusted net income and sales fall, company flags challenging market environment for automotive and coatings sectors.

208. Crude Oil Trade: Kuwait reduces production targets due to environmental concerns

     05 November 2019 Fotios Katsoulas

     Kuwait is understood to be considering a reduction in its oil production capacity targets. OPEC’s fourth biggest producer may reduce its long-standing...

     

209. UK economy in worst spell since 2009 as all-sector PMI signals further contraction

     05 November 2019 Chris Williamson

     The UK PMI surveys recorded a third successive monthly contraction of business activity in October, indicating the economy is in its toughest...

     

210. Mitsubishi Gas Chemical's operating income drops across businesses, lowering forecast

     05 November 2019

     Natural gas chemicals business swung to an operating loss of ¥500 million.

211. India's SRF to establish BOPP film line in Thailand

     05 November 2019

     $50 million investment is planned for the new plant.

212. Chemical business elevates SRF's quarterly income

     05 November 2019

     Net profit rises by 56% YOY, chemical sector operating profit doubles.

213. Slowdown in Indian auto sector hits Nocil volumes

     05 November 2019

     Operating EBITDA declines by 39% YOY.

214. Adama to acquire French crop protection firm

     05 November 2019

     Deal underscores Adama's commitment to raise its presence in European market.

215. US begins operations from Niger Base

     05 November 2019

     The US military opened its new air base in Niger on 1 November, US Africa Command (AFRICOM) announced. The base is just south of the city of...

216. Patria’s profit plummets due to project delays

     05 November 2019

     The Patria Group’s net sales rose modestly in the first nine months of the year, but operating profit nosedived due to “delays in certain international...

217. MonoSol to build new films manufacturing plant in Poland, expand US capacity

     05 November 2019

     Investment driven by rising demand for water-soluble and biodegradable films, it says.

218. DSM's earnings, sales up as strength of nutrition business outweighs tough conditions for materials

     05 November 2019

     EBITDA meets estimates, full-year outlook confirmed.

219. India marks milestone in indigenous development of submarine AIP system

     05 November 2019

     India has successfully operationalised a land-based prototype (LBP) of an indigenously developed air independent propulsion (AIP) system, the...

220. Thailand outlines technology-transfer priority

     05 November 2019

     Thailand has outlined a commitment to ensure that technology transfers are secured in all major defence procurement programmes. The policy is...

221. DAPA prioritises 2020–21 offset projects

     05 November 2019

     South Korea’s Defense Acquisition Program Administration (DAPA) has announced a list of ‘offset target projects’ for 2020–21. The list, recently made...

222. Australia to begin construction of High Performance Computing Centre

     05 November 2019

     Construction of a ‘next-generation High Performance Computing Centre (HPCC)’ for the Australian defence establishment will begin in November...

223. AVT Australia to develop system to improve UAV-captured imagery

     05 November 2019

     The Australian government has awarded an AUD5.2 million (USD3.6 million) Defence Innovation Hub contract to AVT Australia to develop a system...

224. US Army to trial TITAN in 2020 to counter A2/AD

     05 November 2019

     The US Army is to trial elements of its Tactical Intelligence Targeting Access Node (TITAN) during the ‘Defender-Europe 20’ exercise in April–Ma...

225. RoKA grounds Surion helicopter fleet after ‘preventive landing’

     05 November 2019

     The Republic of Korea Army (RoKA) has suspended flight operations of its Korea Aerospace Industries (KAI) KUH-1 Surion multirole medium helicopters...

226. Airbus reveals LOUT unmanned stealth testbed for Germany

     05 November 2019

     Airbus has revealed a stealth unmanned aerial vehicle (UAV) demonstrator aircraft that it has been developing in secret for over a decade. The...

227. Boeing expects KC-46A delivery pace to begin slowing in mid-2020

     05 November 2019

     Key Points Boeing expects its KC-46A delivery pace to gradually slow to where it is delivering about 1–2 aircraft per month by late 2020/early 2021 ...

228. Swiss Social Democrats propose split fighter acquisition

     05 November 2019

     Swiss Social Democrat (SP) members of parliament (MPs) have proposed the country procure Leonardo’s M-346FA light combat aircraft, followed by an...

229. UAE combines defence manufacturers into new Edge group

     05 November 2019

     The United Arab Emirates (UAE) has incorporated 25 of the country’s defence manufacturers into a single entity called Edge. The launch of Ed...

230. Airbus proposes ECR/SEAD Eurofighter, emphasises German requirement

     05 November 2019

     Airbus Defence and Space (DS) has showcased a new electronic attack and counter-ground-based air defence variant of the Eurofighter combat aircraft...

231. General Dynamics building battlefield robotic mule for US Army soldier equipment

     05 November 2019

     US Army soldiers’ heavy battlefield loads could be dramatically cut after the service picked General Dynamics Land Systems (GDLS) to build its ‘...

232. Germany to replace early Eurofighters under Project Quadriga

     05 November 2019

     The German government is to replace its entire fleet of Tranche 1 Eurofighter combat aircraft under a new project revealed by Airbus Defence...

233. Egypt signals private investment in military companies

     05 November 2019

     For the first time, Egyptian President Abdel Fattah el-Sisi has said that military-owned industrial organisations could be included in the country’s priva...

234. Raytheon to provide Qatari air force with JSOW training

     05 November 2019

     Raytheon Missile Systems will be awarded a contract to provide the Qatar Emiri Air Force (QEAF) with initial integrated logistics support and...

235. Hungary acquires mortar maker Hirtenberger Defence

     05 November 2019

     A company owned by the Hungarian government has acquired Austrian mortar manufacturer Hirtenberger Defence Systems (HDS), giving Hungary arms-making...

236. NSS assessment calls for more UK-only shipbuilding

     05 November 2019

     An independent assessment of the United Kingdom’s naval shipbuilding strategy has recommended that construction of a wider range of vessels shoul...

237. South Korea, US to hold another small-scale aerial drill to replace ‘Vigilant Ace’

     05 November 2019

     For the second consecutive year, South Korea and the United States plan to reduce the scale of their joint aerial drills to ease tensions with...

238. UAV Turbines developing microturbine engine for UAVs

     05 November 2019

     UAV Turbines is developing a microturbine engine specifically for Group 3 unmanned aerial vehicles (UAVs), and the company believes the engines...

239. UAVOS flight tests 14 m wingspan ApusDuo HAPS aircraft

     05 November 2019

     UAVOS in October flight tested in Belarus a modified version of its ApusDuo high-altitude platform system (HAPS) aircraft that features a 14...

240. UK signs Boxer contract

     05 November 2019

     The United Kingdom has signed a GBP2.8 billion (USD3.6 billion) contract for more than 500 Boxer 8×8 Mechanised Infantry Vehicles (MIVs), the ...

241. Diehl Defence gets new CEO

     05 November 2019

     Helmut Rauch, a long-time employee of Diehl Defence, became its CEO and president of its corporate division board on 1 November, according to...

242. IFF earnings continue to rise on Frutarom acquisition

     04 November 2019

     IFF today reported net income up 33% year-on-year (YOY), $127.1 million, on sales up 40%, to $1.27 billion, mainly on the acquisition of Frutarom....

243. Cabot falls short of estimates on mixed volumes

     04 November 2019

     Cabot Corporation today reported fiscal fourth-quarter net income down 65% year-on-year (YOY), to $33 million, on sales down 3%, to $827 million....

244. Givaudan develops fermentation-based route to Ambrofix

     04 November 2019

     Givaudan (Vernier, Switzerland) says it has developed a fermentation-based pathway to produce Ambrofix, one of the most widely used fragrance...

245. Dow 's Plaquemine Glycol 2 in "recovery mode" following explosion

     04 November 2019

     A tank containing water and low levels of ethylene oxide and sulfuric acid burst on 3 November.

246. Altivia completes acquisition of Dow acetone derivatives business

     04 November 2019

     The former Dow operations began operating as Altivia Ketones and Additives on 1 November.

247. Muni Monthly Summary - October 2019

     04 November 2019 Tozar Gandhi

     In this month’s blog we review a couple of instances wherein uncertainty in the outcome of litigation has led to a bumpy ride for some bondholders...

     

248. Nile dam dispute

     04 November 2019 Jordan Anderson Jihane Boudiaf Jack A. Kennedy

     Ethiopia, Egypt, Sudan likely to resume talks over Nile dam dispute; escalation to military action highly unlikely

     

249. Aramco changes terms of payment to PIF for Sabic stake

     04 November 2019

     Sabic will enhance Aramco's petchems operations and make it a leading producer of ethylene, EG, PE and PP worldwide.

250. UK government halts fracking in England, ending UK development

     04 November 2019

     Ministers tell shale gas firms future projects will not be supported.

251. Challenges with risk sharing in Eastern Europe raised at ISPOR Europe meeting

     04 November 2019 Milena Izmirlieva

     Insights from ISPOR 2019: Challenges that payers in Central and Eastern European (CEE) countries face when trying to devise risk sharing agreement...

     

252. Worley to provide EPCM services to Nouryon in Europe

     04 November 2019

     Services will be provided to 20 chemical sites.

253. Covestro closes sale of systems house business to H.I.G Capital

     04 November 2019

     Has better chance of growing under new owners.

254. K+S merges operations into K+S Minerals and Agriculture

     04 November 2019

     Move will lead to wide ranging synergies.

255. No Free Lunch – The Water Challenges Facing Operating Companies in the Permian Basin

     04 November 2019 Paola Perez Pena David Vaucher

     The resource abundance in the US of the past decade came from the relentless drive to perfect the application of horizontal drilling and hydraulic...

     

256. Germany’s fixed pricing for medicines faces European reckoning

     04 November 2019 Brendan Melck

     Germany’s health minister Jen Spahn is seeking to resolve a long-running dispute with the European Commission over fixed drug pricing rules

     

257. Borealis profit declines on weaker polyolefin prices in Asia, margins in Europe remain solid

     04 November 2019

     Contribution from Borouge JV hit by weaker polyolefin prices in Asia; integrated polyolefin margins in Europe remain solid, fertilizer business...

258. Measuring the UK services economy: a comparison of GDP and PMI data

     04 November 2019 Chris Williamson

     A recent ONS paper notes how IHS Markit UK PMI surveys show a strong correlation with official UK gross domestic product (GDP) and its manufacturing...

     

259. Hengyi Industries starts full operations at $3.45-billion refinery, petchem complex in Brunei

     04 November 2019

     Hengyi's integrated refinery and petchem project is one of the largest foreign direct investments in Brunei to date.

260. Saudi Aramco to proceed with domestic IPO

     04 November 2019

     Size and pricing yet to be determined. Plans to release prospectus on 9 November, CEO

261. Crude Oil Trade: Saudi Arabia exports to Japan remain normal

     04 November 2019 Fotios Katsoulas

     Saudi Arabia has continued shipping crude oil to Japanese refiners without any major impact observed so far after the attacks on Saudi Arabian...

     

262. Toagosei registers poor quarterly earnings

     04 November 2019

     Operating income drops 6% YOY.

263. Zeon's specialty materials business lifts quarterly income

     04 November 2019

     Rubber business performed weak due to the sluggish business in automobile industry.

264. Weak volume squeezes Tokuyama's income, cuts forecast

     04 November 2019

     Net sales remained flat at ¥152.7 billion.

265. India's Asian Paints registers higher quarterly income

     04 November 2019

     Net profit climbs 68% YOY.

266. India's Coromandel International reports higher profit on lower sales

     04 November 2019

     Revenue dips 3% YOY.

267. India's Atul reports increased profit on marginal growth in revenue

     04 November 2019

     Net profit rises 71% YOY.

268. Specialty unit lifts earnings for India's Diamines and Chemicals

     04 November 2019

     Pretax profit doubles at specialty segment.

269. Global manufacturing downturn shows further signs of easing in October

     04 November 2019 Chris Williamson

     Global manufacturing activity contracted marginally for a sixth straight month in October, according to the latest PMI data from IHS Markit...

     

270. Kumho Petrochemical reports weak earnings on lower demand

     04 November 2019

     Revenue at its synthetic rubber business slipped 10% YOY.

271. Songwon's third-quarter earnings fall on low demand

     04 November 2019

     The company reports a 44.3% decline in net profit.

272. Chinese economic slowdown impacts Daicel's earnings

     04 November 2019

     Operating profit for the company's cellulosic derivatives segment declined 26.3% YOY.

273. Ube's chemical unit post drop rise in profit on weak Chinese demand

     04 November 2019

     Net sales dropped to ¥335 billion, a decline of 3.8% YOY

274. India's Philips Carbon Black registers weak income

     04 November 2019

     Profit plunges 28.3% YOY.

275. Lotte Chemical's olefins, aromatics divisions produce poor results

     04 November 2019

     Profitability slightly decreased at the SM unit amid an easing of tight supply conditions.

276. Indian Oil's petchem unit income plunges

     04 November 2019

     Pretax profit of the petchem sector declines by 64% YOY.

277. Basic chemistry products sector lifts Tata Chemical's earnings

     04 November 2019

     Net profit rises 7% YOY.

278. Lotte Chemical Titan's net profit dives on lower prices

     04 November 2019

     Operating dropped at the olefins and derivatives segment due to margin squeeze.

279. Vopak's profit rises, reveals new chemicals storage terminal in China and capacity expansions

     04 November 2019

     EBITDA and sales rise in third quarter, new growth and expansion plans for terminals in China, Belgium and Mexico.

280. China cuts steel for Pakistan’s third, fourth Type 054A frigates

     04 November 2019

     Key Points China has begun work on a third, and fourth Type 054A frigates on order for the Pakistan Navy Once inducted, the vessels could significantly...

281. US Army looks to boost Hellfire Romeo, JAGM stocks

     04 November 2019

     The US Army Contracting Command has released a sources sought notice for the production of air-to-ground missiles (AGMs) for the army’s fixed...

282. Malaysia confirms delay in MD 530G procurement

     04 November 2019

     The Malaysian Ministry of Defence (MoD) has confirmed that its procurement of MD 530G armed reconnaissance/light attack helicopters has been...

283. Boeing opens technology centre in Seoul

     04 November 2019

     Boeing inaugurated on 1 November a research and technology centre in South Korea aimed at strengthening alliances with local aerospace and defence...

284. RoKN receives third upgraded Chang Bogo-class submarine

     04 November 2019

     South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) handed over Chang Bogo (Type 209/1200)-class submarine Lee Eok Gi to ...

285. UK project sign-offs hit by general election

     04 November 2019

     Multi-billion-pound projects to build new frigates and hundreds of armoured vehicles for the UK armed forces will now have to wait for final...

286. Airbus developing in-flight smoke screen to protect hovering H145M helos

     04 November 2019

     Airbus Helicopters is developing a smoke screen to be deployed from its H145M helicopter when inserting troops in the hover, a senior company...

287. Going off board: Technology matures for long-endurance soft-kill decoys

     04 November 2019

     Navies, defence science organisations, and industry are pursuing the development of technologies and techniques that could realise a new generation...

288. RAAF introduces new technical categories for launch of cyber warfare workforce

     04 November 2019

     A new cyber warfare (CW) workforce formed by the Royal Australian Air Force (RAAF) will be specifically selected and trained to protect the service’s infor...

289. Schiebel to supply Camcopter S-100s to Royal Thai Navy

     04 November 2019

     Austrian company Schiebel has won a contract for the production and supply of an undisclosed number of Camcopter S-100 rotary-wing unmanned aerial...

290. Gap remains between France and UK on FCASW requirements

     04 November 2019

     France and the United Kingdom remain apart on their respective operational requirements for the projected Future Cruise/Anti-Ship Weapon (FCASW)...

291. Beijing warns Washington over increased USCG activity in western Pacific

     04 November 2019

     Beijing has warned Washington that it will respond with “resolute measures” to the presence of either US Coast Guard (USCG) cutters or US Navy ...

292. Pentagon selects US bases to host 5G network experiments

     04 November 2019

     The US Department of Defense (DoD) has identified several US bases that will be test sites for the Pentagon’s wide-ranging effort to integrate 5G te...

293. NATO demonstrates fusion of active and passive radar detection in military network

     04 November 2019

     A radar detection performance measurement campaign was conducted by the NATO Science and Technology Organization (STO) under the leadership of...

294. CPE Capital to acquire Levett

     04 November 2019

     Australian firm Levett Engineering has reached an agreement to be sold to ASDAM, a defence and manufacturing company owned by Australian private...

295. Malaysia’s littoral combat ship project faces MYR1.4 billion cost overrun, delays

     04 November 2019

     Key Points The delivery of Malaysia’s first Maharaja Lela-class littoral combat ship has been delayed to 2023 The troubled programme is also ...

296. US Navy, Japan to receive additional SM-3 Block IIA missiles

     04 November 2019

     Raytheon Missile Systems has won a contract modification for the production and supply of 20 Standard Missile-3 (SM-3) Block IIA (RIM-161D) missiles...

297. FCAS partners report good concept-study progress, expect demonstrator phase to begin shortly

     04 November 2019

     France, Germany, and Spain are progressing well with the Joint Concept Study (JCS) for the Future Combat Air System (FCAS)/Système de Combat Aéri...

298. Week Ahead Economic Preview: Week of 4 November 2019

     01 November 2019 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw

     The dovish tilt to global policy making continued in October with the US Fed cutting rates for the third time, but whether this represents the...

     

299. Indonesia PMI shows worst deterioration in manufacturing conditions for four years

     01 November 2019 Bernard Aw

     The manufacturing downturn in Indonesia deepened in October, sending a warning signal of a further growth slowdown at the start of the fourth...

     

300. IMCD fully integrates Horn

     01 November 2019

     Distributor IMCD says it has completed the integration of Horn into its US operations, creating one organization focused on the US market. IMCD...

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