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    News and Articles on Raw Materials

    Latest News: Raw Materials

    Israel allows Eid cows into Gaza  Nov 11, 2009
    They say cement, steel and other raw materials could be used for military purposes by the Islamist group Hamas, which controls Gaza. Living in tents. (BBC News -- Africa)

    DCE expresses worry about state of development in Adansi State  Nov 11, 2009
    He regretted that the communities were not benefiting from the mining operations as talented goldsmiths were left jobless because there was no way they could have access to raw materials. Alhaji Majduob therefore urged the participants, drawn from Obuasi Municipal, Adansi North and Amansie Central, to fight for their rights so that they could derive some benefits from the mining operations. (Ghana Web, Ghana)

    S Korea joins carbon label scheme  Nov 11, 2009
    Under the scheme, companies must carry out a carbon audit and record the amount of CO2 being emitted at every stage of production - from the sourcing of raw materials to transporting goods to supermarket shelves. Once the amount of CO2 has been recorded, the firm must then commit to reducing its emissions on a year-by-year basis before it is allowed to print the carbon label on its products. (BBC News -- Asia-Pacific)

    Canadian Currency Climbs the Most in Five Months as Stocks, Crude Oil Gain  Nov 10, 2009
    The Reuters-Jefferies of 19 raw materials rose 1 ... Raw materials generate more than half of Canadas export revenue. (Bloomberg -- Canada)

    Click to read:Stocks Hit New High for 2009  Nov 10, 2009
    " by spaceatoms November 9, 2009 10:47 PM EST I love the comments and I don't know why we have to hear about the Theft Street Casino all the time. Hey, they should have reports about the Mirage and all the other casinos in Vegas and talk it up also. Its pretty obvious now what is going on, more inflation in the market to drive up stock prices and outrageous compensation packages to only the players in big companies as winter quickly approaches and more estrogen is pumping around the world. The... (CBS News)

    Opta Minerals Inc. Reports Third Quarter Results for Fiscal 2009  Nov 10, 2009
    Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, without limitation, cancellations of or the failure to renew purchase orders; production and delivery issues; quality, pricing and availability of raw materials; compliance with environmental regulations; exchange rate fluctuations as well as the other... (CCNMatthews Press Releases)

    Dollar near 15-month low against basket of currencies  Nov 10, 2009
    Australia is a big exporter of industrial raw materials. It later slipped slightly to $0. (India Times)

    Fibon transfers to main board  Nov 10, 2009
    Fibon manufactures electrical insulators used in switchgears that power large buildings, such as airports, as well as produces the raw materials for its high-performance insulators. The company, which was listed on the exchange last December, made a net profit of RM2. (The Star Online, Malaysia -- Business)

    ATS reports second quarter fiscal 2010 results  Nov 10, 2009
    CAMBRIDGE, ON, Nov. 10, 2009 /CNW/ - ATS Automation Tooling Systems Inc. ('ATS' or the 'Company') today reported its financial results for the three and six months ended September 27, 2009. " Financial Results In millions 3 months 3 months 6 months 6 months of dollars, ended ended ended ended except per Sept 27, Sept 30, Sept 27, Sept 30, share data 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue ASG $ 97.0 $ 147.4 $ 212.2 $ 290.2 from... (Canada Newswire)

    UN: Gaza Needs Construction Material Before Winter  Nov 10, 2009
    Although the offensive ended nine months ago, the homes have not been repaired because Israel does not allow raw materials to enter the territory, part of its two-year blockade imposed after Hamas seized power in Gaza. "For the people in Gaza, life is miserable, life is not getting better, winter is coming, the rain is coming," Maxwell Gaylard, the U.N. humanitarian coordinator for the Palestinian territories, said after touring a badly hit Gaza neighborhood. (CBS News -- World)

    Trican-2009 Third Quarter Results  Nov 10, 2009
    These risks and uncertainties include: fluctuating prices for crude oil and natural gas; changes in drilling activity; general global economic, political and business conditions; weather conditions; regulatory changes; the successful exploitation and integration of technology; customer acceptance of technology; success in obtaining issued patents; the potential development of competing technologies by market competitors; and availability of products, qualified personnel, manufacturing capacity... (CCNMatthews Press Releases)

    Germany Marks the Fall of the Berlin Wall  Nov 10, 2009
    Reagan knew that if the Soviet Union couldn't get help from the West, they'd try and expand their empire to gain raw materials and cheap labor ... Reagan knew that if the Soviet Union couldn't get help from the West, they'd try and expand their empire to gain raw materials and cheap labor. (CBS News)

    Venezuelan president calls on soldiers to prepare for war  Nov 9, 2009
    Colombia has been accusing Venezuela of covertly supporting the FARC. Venezuela denied the charge and in turn accused Colombia of backing U.S. ambitions allegedly going far beyond fighting drug deals and terrorists to control the region's raw materials. Editor: Xiong Tong. (Xinhuanet, China)

    Africa: Giant Buys a Lamb  Nov 9, 2009
    Since 1995, when President Jiang Zemin ordered them to "Go abroad!", Chinese firms have been pouring investments into oil and other raw materials in Africa in order to fuel their own country's roaring economy. In the last five years alone, Chinese direct investment in Africa soared from 491 million dollars in 2003 to 7. (allAfrica.com)

    East Africa: Imported Cement Hurts EAC Producers  Nov 9, 2009
    The EAC common external tariff is classified in three tariff bands of zero percent for raw materials, 10% for intermediate goods and 25% for finished products. Goods considered sensitive often attract a higher tariff. (allAfrica.com)

    North Korean army cashes in on exports to China  Nov 9, 2009
    The potential profits are huge: China is one of the world's most voracious consumers of raw materials, and while it has been critical of North Korea's nuclear program and missile tests, it has vastly increased its economic ties with Pyongyang. Mr Kim is increasingly skimming off a significant slice of Chinese mineral revenue to fund his nuclear program and to buy the loyalty of elites, according to North Korea, Inc, a recent report by the US Institute of Peace, a Washington group funded by the... (Sydney Morning Herald -- World)

    China pledges $10-billion  Nov 9, 2009
    Chinese firms have been pouring investments into oil and other raw materials in Africa to fuel the Asian country's booming economy. Over the past five years, Chinese direct investment in Africa has soared, from US$491-million dollars in 2003 to US$7. (iAfrica.com)

    Zimbabwe: Failure to Act on Abuses Threatens Conflict Diamond Process [guest column]  Nov 9, 2009
    Africa is nothing more but a place with the raw materials you need right ... Africa is nothing more but a place with the raw materials you need right. (allAfrica.com)

    * PRC offers Africa additional trade and investment  Nov 8, 2009
    Chinese companies have been pouring investments into oil and other raw materials in Africa to fuel the countrys booming economy. At the last China-Africa summit in Beijing in 2006, China pledged hefty aid and promised to step up its trade relations with the continent. (Taipei Times, Taiwan -- Sports)

    Forum: Cheney's blurred memory shown with FBI interview  Nov 8, 2009
    According to the summary, Cheney also told Fitzgerald that "there was no discussion of 'pushing back' on Wilson's credibility by raising the nepotism issue, and there was no discussion of using Valerie Wilson's employment with the CIA in countering Joe Wilson's criticisms and claims about Iraqi efforts" to procure uranium-yielding raw materials. But Fitzgerald's quest for the leaker brought many other public and news media figures under the national spotlight, with then-White House political... (Athens Banner-Herald)

    The White House and Abramoff: 70 more contacts revealed  Nov 8, 2009
    And if the U.S. were not willing to sacrifice its own industries to export-oriented countries, other nations might abandon the idea of a global economy and the scramble to lock up markets and raw materials might also lead to regional or global war. The geopolitical parade of horribles invoked by America's foreign-policy establishment always leads back to the same grand marshal -- the next world war, Dubyah Dubyah Three. (Salon)

    China Offers Africa More Trade, Investment  Nov 7, 2009
    The meeting follows a landmark 2006 summit in Beijing that catapulted China's hunt for oil, minerals and other raw materials in Africa and brought Africa Chinese investment in infrastructure and other projects. Chinese investments in Africa totaled $7. (ABC News -- Business)

    Canadian Stocks Rise, Led by Metals Producers, as Gold Rallies to Record  Nov 7, 2009
    Canadian Stocks Advance as Gold Producers Gain; Magna Surges - Bloomberg. Updated: New York, Nov 07 04:22 London, Nov 07 09:22 Tokyo, Nov 07 18:22. (Bloomberg -- Canada)

    Up close and personal with Mario Moretti Polegato  Nov 7, 2009
    The shoes are of high quality because the design, technology and raw materials the leather are Italian. In the end, its Italian style, Polegato says. (The Star Online, Malaysia -- Business)

    Fibon to set up plants in Australia and Britain  Nov 7, 2009
    It also produces the raw materials used in the making of its high-performance insulators ... We are not only producing high-level insulators but have also formulated our own raw materials; hence we are able to offer high-amperage insulators, he said, adding that the companys range of products catered mainly to the hi-tech niche market. (The Star Online, Malaysia -- Business)

    Africa: 'Africans Should Become Their Own Philanthropists'  Nov 7, 2009
    He regards education as one of the conditions "for being the masters of our own future. Otherwise we will remain exporters of raw materials and importers of finished goods". External philanthropy can stimulate a culture of internal philanthropy, which is not only necessary to mobilise resources but to advocate for the strengthening of governance. (allAfrica.com)

    Column: Architect gets a few dozen hands brightening up intersection  Nov 7, 2009
    Yet Vasquez s confident approach to managing his unpredictable raw materials made it look easy as he deftly directed each person s hand to press firmly and pull off precisely to create the perfect print. Children giggled as Vasquez gently guided them in acrobatic moves that positioned their hands just right. (Brookline TAB, MA)

    Rare Earths Shortages May Hurt Tech Firms  Nov 7, 2009
    He notes with growing concern how German companies are becoming increasingly dependent on Chinese sources of raw materials, putting themselves literally at the mercy of the Chinese ... Does this mean that the German economy could soon run out of key raw materials. (BusinessWeek)

    Ghana Veterinary Medical Association holds annual meeting  Nov 7, 2009
    He said Veterinaries contribute to human health by promoting the health of animals, which provide the necessary income, food, transportation, draught power, and the raw materials for clothing throughout the world. Dr. Darkwa said this was particularly important in developing countries where food from animals help to improve the nutritional status of malnourished people, by providing high quality protein and micronutrients. (Ghana Web, Ghana)

    China defends export restrictions  Nov 6, 2009
    China has defended its export curbs on some raw materials used to make steel, aluminium and chemical products ... But China's Ministry of Commerce told AFP the aim of the "measures on some raw materials is to protect the environment and our limited resources" ... The raw materials case has an impact on billions of dollars of global trade, the US says. (BBC News -- Americas)

    * Consumer Price Index contracted 1.84% last month  Nov 6, 2009
    23 percent year-on-year last month, although international metals and some raw materials saw sharp price hikes from a month earlier. Wu said domestic wholesalers will bear the brunt of the rising prices and it will take a while to impact retailers and consumers. (Taipei Times, Taiwan -- World Business)

    Thaksin Appointment Prompts Thailand to Reviews Cambodia Deals in Protest  Nov 6, 2009
    Thailands biggest producer of the building material, imports raw materials for its cement plant in Cambodia. Thailands biggest publicly traded miller, opened a plant in Cambodia this year. (Bloomberg -- Asia)

    CEO of Samba Foods calls for proactive SMEs  Nov 6, 2009
    She noted that the SMEs are supposed to spearhead the nation's development agenda in the agro-business sector through value addition to raw materials ... Mrs Osafo-Addo catalogued lack of a national holistic policy to take care of the specific needs of SMEs, raw materials, cost effective and efficient machinery, committed and skilled work force, and understanding by officialdom of the needs of SMEs as some of the major challenges facing the enterprises. (Ghana Web, Ghana)

    Breast Milk is Best for Newborns, but the Bottle Is Fine, Too  Nov 6, 2009
    Non-organic formula can contain the same or higher amounts of chemical residues left over from its raw materials. One way around this is to buy organic formula. (Scientific American)

    VALCO key in economic transformation - Minister  Nov 5, 2009
    "It is significant to note that VALCO currently has in stock substantial amounts of major raw materials to get the plant running for at least three months before replenishments are required." "It is estimated that at least two months will be required to hire employees, train and re-train then and to re-commission the equipment before actual manufacturing operations start," the Minister said. 04 Nov. 09. (Ghana Web, Ghana)

    WTO panel asked to rule on China raw materials  Nov 5, 2009
    U.S. requests WTO panel to rule on China raw materials restrictions_English_Xinhua. U.S. requests WTO panel to rule on China raw materials restrictions ... WASHINGTON, Nov. 4 (Xinhua) -- The United States requested the World Trade Organization (WTO) on Wednesday to establish a dispute settlement panel to rule on China's export restraints on raw materials. (Xinhuanet, China)

    Pidilite ready to make big moves  Nov 5, 2009
    With crude oil prices climbing up again, the company instead of saving on raw materials costs may have to pay more in the forthcoming quarters. At its current price, the stock is valued at twice its net sales. (India Times)

    FMCG: Inflation may spoil show  Nov 5, 2009
    For fast moving consumer goods (FMCG) companies, the second quarter of this fiscal was characterised by significant savings on raw materials, volume growth on the back of aggressive ad spend and price cuts with smaller players outperforming the market leaders. The adverse impact of a weak monsoon is yet to be reflected in the performance of companies. (India Times)

    Furniture Brands International Reports Third Quarter 2009 Financial Results  Nov 5, 2009
    Key elements of our supply chain initiatives include centralized purchasing of raw materials and supplies, accelerated implementation of Lean manufacturing practices, improved sales and operations planning, better management of third-party manufacturing through FBN Asia, outsourcing of domestic freight carriers for several brands, and consolidation of distribution centers ... Such factors include, but are not limited to: risks associated with the execution of our strategic plan; changes in... (Primezone Releases)

    Soaring turmeric prices pinch masala makers  Nov 5, 2009
    However he added the company only recently increased its product prices by around 10% after general increase in prices of around 450 raw materials that are used by them. Apart from food processing industry and pharmaceutical companies, turmeric is a valuable raw material for paint and oil industries also. (India Times)

    GDP seen to contract 2.3% this year but grow 4.1% next year  Nov 5, 2009
    4% growth in China this year and the country s domestic demand racing ahead global demand, countries exporting consumer durables, electronic components and raw materials to China have felt the positive flow-on effects. As a result, the World Bank is projecting 6. (The Star Online, Malaysia -- Business)

    Gold hits record as India buys IMF bullion  Nov 4, 2009
    Indias purchase buoyed gold as industrial metals slumped on concern that governments will remove economic-stimulus measures, crimping demand for raw materials. Copper and lead both fell as much as 2. (Sydney Morning Herald -- Business)

    China: U.S. partner, or rival?  Nov 4, 2009
    6: China's breathtaking economic expansion has led to a voracious demand for raw materials around the world and the rapid expansion of China's presence in countries as far apart as Venezuela ... Human rights groups say China is propping up repressive regimes in order to secure its access to critically important raw materials, including much sought after "rare earth" minerals which are a key component in consumer electronics such as cell phones ... 7: China is also a strong influence in the... (CNN -- International)

    Necco Goes All-Natural  Nov 4, 2009
    The changeover will result in slightly higher costs for raw materials for Necco, but no additional manufacturing costs, she said, and it will not affect the shelf life of the candy. The company won't say if the move to all-natural might eventually extend to other product lines, including Valentine's Day favorite Sweethearts and Clark bars. (Fox News)

    Funding for top projects tops agenda for meeting  Nov 4, 2009
    Project backers say the spur line, a $300 million project, would reduce transportation costs for mining companies hauling raw materials such as coal and bentonite from Interior Alaska to tidewater for export. The borough, with $10 million in state money approved in 2007, is seeking federal permission to build the line. (Anchorage Daily News)

    PFB Corporation Announces Third Quarter Results for 2009 and Declares Regular Quarterly Dividend  Nov 4, 2009
    Plasti-Fab, EPS Product Solution are products, manufactured using expanded polystyrene (EPS) as base raw materials, that are delivered to customers in five segmented markets. Advantage ICF Systems are insulating concrete forming systems that are employed to build insulated foundations and walls from concrete in both residential and commercial markets. (CCNMatthews Press Releases)

    Timminco Provides Update on Class Action Lawsuits  Nov 4, 2009
    Timminco cautions that forward-looking information involves known and unknown risks, uncertainties and other factors that may cause Timminco's actual results, performance or achievements to be materially different from those expressed or implied by such information, including, but not limited to: global economic conditions; liquidity risks; credit risks; customer commitments for solar grade silicon; customer deposits; solar grade silicon production costs; quality of solar grade silicon; selling... (CCNMatthews Press Releases)

    Canadian Currency Strengthens From One-Month Low as Gold, Crude Oil Gain  Nov 4, 2009
    Raw materials including gold and crude account for more than half of Canadas export revenue. The loonie earlier fell against its U.S. counterpart as a wider-than-estimated loss at UBS AG pushed down stocks. (Bloomberg -- Canada)

    Standard Chartered 79% Return Overtakes HSBC With Asian Investment Rebound  Nov 4, 2009
    Until recent decades, Standard Chartered was the quintessential colonial bank; its role was to facilitate the shipment of manufactured goods to the U.K.s far-flung colonies and to finance the movement of raw materials back to Britain. It was a gentlemanly club with immense loyalties, says John Brinsden, 67, who retired in 1999 as resident director for Indochina after 38 years with the bank. (Bloomberg)

    World Bank: Malaysia'a 2009 GDP to contract 2.3%, grow 4.1% in 2010  Nov 4, 2009
    4 per cent growth in China this year and the country's domestic demand racing ahead global demand, countries exporting consumer durables, electronic components and raw materials to China have felt the positive flow-on effects. As a result, the World Bank is projecting 6. (The Star Online, Malaysia)

    Representing Germany  Nov 4, 2009
    Despite some of these challenges, Langedyke said Germany is still a world leader in consumer goods and raw materials. Langedyke's group spent 14 hours in two weeks researching Germany. (Pocatello Idaho State Journal, ID)

    Losses wane at Louisiana-Pacific  Nov 4, 2009
    However, much of the credit is due to the focus on cost containment, managing our operations more efficiently and lower raw materials costs. Because the fourth quarter is historically a weak part of the year for demand, our goal for the remainder of the year is to conserve cash and improve liquidity so that when this economic downturn subsides, we will be well positioned to compete," Frost said. LP manufactures wood materials for interior and exterior use in residential, industrial and light... (Nashville Business Journal, TN)

    Index points to higher unemployment  Nov 4, 2009
    "Supply managers reported that prices for raw materials and supplies declined by an average of 0.4 percent over the past year," Goss said. "However, recent growth in the prices-paid index due to a weak dollar and record low Federal Reserve interest rates will result in elevated inflationary pressures at the consumer level as early as the middle of 2010.". (Casper Star-Tribune, WY)

    Housing's Hot On Davis Ballot  Nov 3, 2009
    "People will be driving to town; they won't be riding their bikes, and people just don't do that from the edge of town. The houses are still built with raw materials that are taken from the ground from forests," said Fraser Shilling, a UC Davis professor, ecologist and opponent of the measure. "Sprawling subdivisions at the edge of town on agricultural lands have to end.". (KCRA 3, CA)

    Rio Tinto softens stance on ore talks  Nov 3, 2009
    "Although many steelmakers have seen poor profits, they are not taking any initiative to curb production," said Ye Xiaofeng, general manager of Jiangxi-based Nanchang Changli Iron & Steel Co's raw materials division. "The price of domestic iron ore has limited room to fall further, and given the fact that European and Asian steel markets are reviving, next year's benchmark price may remain high.". (Xinhuanet, China)

    Throwing his voice: RBA governor's secret weapon  Nov 3, 2009
    The share prices of our resource companies may soar because China demands our raw materials. A boom does not always equal a bubble. (Sydney Morning Herald -- Business)

    Ridley Inc. Reports Financial Results for Fiscal 2010 First Quarter  Nov 3, 2009
    5% decline in gross profits, reflecting the decline in feed demand in the troubled livestock economy, and lower unit margins following a softening of raw materials prices from a year ago ... Cash flows last year were significantly affected by the substantial rise in raw material costs and the accumulation of raw materials in expectation of volatile markets which increased inventory and accounts receivable balances ... Commodity-based agricultural raw materials constitute a significant component... (CCNMatthews Press Releases)

    Brazilian Stocks Trading in N.Y. Jump on U.S., China Manufacturing Growth  Nov 3, 2009
    Vale and Petrobrass American depositary receipts climbed more than 1 percent as the Reuters/Jefferies CRB Index of 19 raw materials advanced ... The Baltic Dry Index, a measure of commodity shipping costs, extended last months 40 percent surge as steadying Chinese steel prices boosted demand for raw materials to make the alloy. (Bloomberg -- Latin America)

    Swisscanto Buys Australian Bonds to Limit on Bet Currency Will Advance 6%  Nov 2, 2009
    More than half of the nations overseas shipments are made up of raw materials. Australias economy will expand 1. (Bloomberg -- Australia & New Zealand)

    Muru Dam: More than 100 wildlife species at risk  Nov 2, 2009
    (The construction of the Murum Dam has already begun in ernest, with site clearing, road clearing, hill blasting and transportation of raw materials and workers in full-swing). A field survey of 15 sites in the forests affected by the Murum project found 99 species of birds and at least 19 species of mammals. (The Star Online, Malaysia)

    Canadian Currency Drops as Officials Say It's Too Strong, Oil, Stock Slump  Nov 2, 2009
    Raw materials account for more than half of Canadas export revenue, and crude is its biggest export. Doesnt Feel Complete. (Bloomberg -- Canada)

    Stocks Drop Most in Month on Stronger Yen, Weaker Commodities; Canon Falls  Nov 2, 2009
    Japans largest trading company which generates more than half of its profit from raw materials, declined 3. 1 percent on lower commodity prices. (Bloomberg -- Japan)

    Zimbabwe: Mugabe Accuses PM's Party of Dishonesty  Nov 1, 2009
    "Our companies can no longer do business there, the markets no longer exist. "Raw materials and spare parts from Europe are no longer coming. "Masanctions, handi masanctions anorambidza vanhu vakasarudzwa kufamba asi mabusiness edu haakwanisi kutengeserana. "Zvinorwadza nekuti nyika yedu yanga ine economy yangayakatarisa kunyika idzodzo. (allAfrica.com)

    Maoist insurgents extend their campaign of violence in India  Nov 1, 2009
    Maoists accuse the government of trying to push tribal groups off their land to gain access to raw materials and have sabotaged roads, bridges, and even an energy pipeline. If the Maoists political goals seem unattainable, analysts warn, they will not be easy to uproot, either. (Boston Globe)

    Iranian Lawmakers Reject Uranium Plan  Nov 1, 2009
    Otherwise, they should offer to trade finished fuel rods for the raw materials in a simultaneous exchange. Neither side trusts the other, so the Iranian comment regarding not trusting the West is a simple smoke screen. (CBS News)

    Hindustan Unilever Profit Falls 22% on Increased Spending for Marketing  Nov 1, 2009
    9 percent a year earlier on lower costs of raw materials. Profit before interest and tax from personal care products such as skin creams and toothpaste rose 23 percent to 3. (Bloomberg -- Asia)

    Survey finds optimism at health-care firms  Oct 31, 2009
    The survey also found that 83 percent of health-care CFOs are more concerned about paying for employee benefits, including health care and pensions, than other costs, such as energy, insurance or raw materials. Most Read Stories. (Triangle Business Journal)

    Brazil Stocks Drop, Cap Worst Week in Eight Months, on Oil Slump, Embraer  Oct 31, 2009
    The of 19 raw materials dropped 2. 1 percent. (Bloomberg -- Latin America)

    Canadian Currency Tumbles as Report Shows Economy Unexpectedly Contracted  Oct 31, 2009
    Raw materials account for more than half of Canadas export revenue, and crude is the nations biggest export. Government bonds rose, pushing the Canadian two-year notes down nine basis points, or 0. (Bloomberg -- Canada)

    EDCI Holdings, Inc. Announces 3Q2009 and YTD 3Q2009 Results  Oct 31, 2009
    Some of these results and uncertainties are discussed in EDCI's most recently filed Annual Report on Form 10-K. These factors include, but are not limited to the current global and economic downturn; declining nature of CD and DVD industries; potential intellectual property infringement claims; variability of quarterly results and dependence on key customers; increased costs or shortages of raw materials or energy; international business risks; foreign currency translation and transaction risks;... (Yahoo! Wire -- Entertainment News)

    Canberra gives green light for Aquila purchase  Oct 31, 2009
    The deal is Baosteel's first big international strategic investment in a public company and secures it a long-term supply of raw materials. It will have a preferential opportunity to invest directly in most of Aquila's projects and will provide support in sourcing financing from Chinese institutions, Aquila has said. (Sydney Morning Herald -- Business)

    Are Investors Ready for Higher Interest Rates?  Oct 30, 2009
    Of course, a weak dollar can also push higher the prices of commodities like raw materials or oil. An Inflection Point. (BusinessWeek)

    * [BUSINESS BRIEFS]  Oct 30, 2009
    2 billion in write backs for stockpiles and raw materials in the third quarter, it said on Wednesday. Nine-month net income dropped to NT$3. (Taipei Times, Taiwan -- World)

    Canadian Dollar Climbs From 3-Week Low as Stocks, Oil Gain on U.S. Growth  Oct 30, 2009
    The Reuters-Jefferies of 19 raw materials rose 2 ... Raw materials generate more than half of Canadas export revenue, and crude is the nations biggest export. (Bloomberg -- Canada)

    Norbord Reports Third Quarter 2009 Results  Oct 30, 2009
    Note 4 - Inventory ------------------ Sep 26 Dec 31 (US $ millions) 2009 2008 ------------------------------------------------------------------------- Raw materials $ 16 $ 20 Finished goods 34 32 Operating and maintenance supplies 25 29 ------------------------------------------------------------------------- $ 75 $ 81 ------------------------------------------------------------------------- ------------------------------------------------------------------------- At period end, the provision... (Canada Newswire)

    Analysis: SABMiller gives new meaning to home-brewing in Africa  Oct 30, 2009
    Currently about 82 percent of the raw materials used in the final product are imported. Mark Bowman, the managing director of SABMiller Africa, said at a press briefing earlier this week: "The long supply chains offer opportunity to localise and to take out costs.". (Business Report, South Africa)

    Ethnic Uighur journalist detained in China  Oct 30, 2009
    Beijing is sending a top-level official to Australia this week for the first time since a series of rows sent relations plummeting between the Asian giant and one of its key suppliers of raw materials. In a sign that tensions between the two countries are finally easing, Chinese Vice Premier Li Keqiang - considered a potential future president - was to arrive late Thursday in Sydney and be greeted by Deputy Prime Minister Julia Gillard. (Fresno Bee -- Local)

    Warm welcome signals diplomatic thaw  Oct 30, 2009
    In a speech to the Australian National University's China Institute, Mr Smith said the relationship between China and Australia was based on mutual respect and mutual benefit and was underpinned by China's demand for raw materials, food and energy. "We have been going through some tense times but we're very confident that we're now effectively back to business as usual," Mr Smith said. (Sydney Morning Herald -- Australia)

    Evraz Says Pipe Orders May Spur Oregon Plant Restart as Steel Demand Gains  Oct 30, 2009
    China has high-cost steel production as it relies on imports of raw materials, he added. China has no reason to export its steel below the cash costs. (Bloomberg -- Europe)

    Baosteel to acquire part of Aquila  Oct 30, 2009
    It is Baosteel's first strategic investment in a public company and secures it a long-term supply of raw materials. Baosteel will have a preferential opportunity to directly invest in most of Aquila's projects and will provide support in sourcing financing from Chinese institutions for the projects, Aquila said in a statement in August. (Sydney Morning Herald -- Business)

    Silicon Motion Announces Third Quarter Results for the Period Ended September 30, 2009  Oct 30, 2009
    Potential risks and uncertainties include, but are not limited to, our belief in the outcome of any claim or lawsuit, including those uncertainties relating to litigation filed against the Company relating to whether its products are covered by patents not owned by the Company; unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or... (Primezone Releases)

    Sims Metals Profit Drops 77% on Demand Slump in North America, Europe  Oct 30, 2009
    Mitsui Raw Materials holds a 19 percent stake in Sims. Sims agreed to buy Metal Management Inc. for $1. (Bloomberg -- Australia & New Zealand)

    Otter Tail Corporation Announces Third Quarter Earnings; Board of Directors Declares Dividend  Oct 30, 2009
    We are committed to maintaining a strong balance sheet and an appropriate cost structure that provide Otter Tail Corporation with significant financial flexibility," said Moug. Segment Performance Summary Electric Electric revenues and net income were $73.6 million and $9.5 million, respectively, for the quarter ended September 30, 2009 compared with revenues of $82.9 million and net income of $6.5 million for the quarter ended September 30, 2008. Wholesale electric revenues from company-owned... (Primezone Releases)

    Avon Calling Emerging Market Investors at 13% Discount to Brazil's Natura  Oct 30, 2009
    The less advanced markets are leading the global economy out of its first recession since World War II as gains in raw materials from oil to copper boost earnings from producers such as Brazil. Stimulus plans led by Chinas 4 trillion-yuan ($586 billion) package are fueling demand for real estate, automobiles and appliances. (Bloomberg -- Latin America)

    What Are Coral Reef Services Worth? $130,000 To $1.2 Million Per Hectare, Per Year  Oct 29, 2009
    Food, raw materials, ornamental resources: average 1,100 (up to 6,000). Climate regulation, moderation of extreme events, waste treatment / water purification, biological control: average 26,000 (up to 35,000). (Science Daily)

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