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    News and Articles on Raw Materials

    Archives: Raw Materials

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    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)

    W.G. to save big bucks with utility piggyback  Oct 29, 2009
    Depending on the cost of raw materials, Winter Garden s bill could rise or fall. In other business, the elected officials. (Winter Garden West Orange Times, FL)

    Rwanda: Country Set to Lead in Biodiesel Production - IRST Director General  Oct 29, 2009
    They have the capacity to produce 2000 litres per day, currently we are producing less than that because of power problems and lack of enough raw materials but we are thankful to government for easing procurement procedures and waiving tax on the importation of these raw materials ... Talking about raw materials, there is a danger of feeding the biodiesel industry at the expense of human consumption, what is your take on this. (allAfrica.com)

    Canadian Currency Weakens as Global Equities and Crude Oil Post Losses  Oct 29, 2009
    The Reuters/Jefferies CRB of 19 raw materials fell 2 percent. Raw materials account for more than half of Canadas export revenue. (Bloomberg -- Canada)

    Zimbabwe: Housing Woes Poised to Ease  Oct 29, 2009
    "Critical productive sectors such as agriculture, manufacturing and mining were operating below full capacity utilisation due to foreign currency constraints in the importation of critical raw materials and inputs such as fuel and electricity. "Further, as the world is increasingly beginning to accept, our poor economic performance had part of its origins in the illegal declared and undeclared sanctions unilaterally imposed against our country, by those still craving for racial imbalances in the... (allAfrica.com)

    * Outlook upbeat for chip testers, Siliconware says  Oct 29, 2009
    4 percent a year ago, as prices of gold X used in raw materials for chip packaging X soared and the New Taiwan dollar appreciated against the greenback, Lin said. Business prospects in the fourth quarter are projected to be as strong as the third. (Taipei Times, Taiwan -- World)

    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)

    * China Steel sees surge in Q3 profit  Oct 29, 2009
    Other favorable factors affecting the companys third-quarter profit were declines in undelivered raw materials and inventories at China Steel, which helped the company cut sales costs by reversing a NT$1. 24 billion loss on undelivered raw materials and a NT$9. (Taipei Times, Taiwan -- World)

    Do not rush to impose goods and services tax  Oct 28, 2009
    Exporters under the GST regime getting refunds on tax paid on raw materials must also be refunded quickly to ensure that the flow of capital and money is not stuck. In the current scenario, getting a refund on taxes can be a challenging task. (The Star Online, Malaysia -- Business)

    Steel demand growing in India: Tata Steel MD  Oct 28, 2009
    A slowing steel market in Europe amid growing resentment from labour unions, rising prices of raw materials, tackling local opposition jittery about an Orissa plant and battling environmentalists at a forthcoming port project, Mr Nerurkar has his plate full ... The growth in demand has put pressure on raw materials. (India Times)

    Tata Steel net profit dips 49%  Oct 28, 2009
    Tata Steel saw a rise in raw materials costs to Rs 1,426 crore during the period under review mainly due to imported coal. However, it sold more steel during the quarter with volumes growing by a fifth to 1. (India Times, India -- Intl Business)

    Fed Bank: Texas factory output contracts  Oct 27, 2009
    Selling prices remained consistent between September and October, while the raw materials price index rose with companies saying they're dealing with higher input prices. Many manufacturers are still seeing net price declines on their goods, the report added. (Dallas Business Journal, TX)

    Leinie's, other brewers trying to reduce water use  Oct 27, 2009
    The inaugural Great Lakes Craft Brewers & Water Conservation Conference comes in the midst of a recession when consumers are trying to stay loyal to their brands and their budgets and when brewers have been socked by steep increases in the price of raw materials. The price of hops, for instance, rose 100 percent in 2008. (Chippewa Falls Chippewa Herald, WI)

    Africa: What Will China's Legacy in Africa Be By 2049?  Oct 27, 2009
    "Africa exports 80 percent of its oil and minerals to China. But Africa should not just be seen as a source of raw materials. "Its economies should be diversified to take advantage of the huge Chinese market with its need for other products as well. There is, for example, great potential for agricultural products to be exported to China," he suggested. The world is seeing a new "coupling" of Southern countries and China, with the latter's insatiable demand for minerals underpinning the growth of... (allAfrica.com)

    Russia's GDP contracts 10% in first 9 months of 2009  Oct 27, 2009
    Russia's economy, heavily dependent on exports of energy and raw materials, has been hit hard by the international financial crisis, especially by fluctuating oil prices and lower capital inflow. Editor: Mu Xuequan. (Xinhuanet, China)

    Agriculture Deserves a Second Look (19)  Oct 27, 2009
    For the more entrepreneurially spirited individuals, I would highly encourage you to recognize the growing list of opportunities for creating value-added products from the raw materials that agriculture has to offer. I direct the state s newly created Wisconsin Agricultural Education and Workforce Development Council, in which the 34-person council and I are tasked with the mission of advocating for more people to pursue careers in Wisconsin agriculture due to such shortages being reported by... (Agri-View, WI)

    SPoly offers HND in Ceremic, Brick and Tile production  Oct 26, 2009
    Sunyani (B/A) Oct. 25 GNA - The Sunyani Polytechnic (S-Poly) has introduced a Higher National Diploma (HND) programme in Ceramic, Brick and Tile to facilitate, encourage and promote the use of local raw materials in the building and housing industry ... He said students would acquire theoretical and practical knowledge to equip them either as building contractors with emphasis on the use of locally produced raw materials or employees of companies in the building construction industry. (Ghana Web, Ghana)

    Wash. wineries getting bigger as production grows  Oct 26, 2009
    The business leaders see dozens of rail cars loading and off-loading raw materials and agriculture products each day. They envision warehouses and other buildings carved out of the grape fields west of Kingsburg. (Fresno Bee -- Business)

    Putin Says Russia Will Delay Wood Export Duty Hike  Oct 26, 2009
    "It's in the interests of our cooperation to have raw materials, machinery and other products move freely across the border," Vanhanen said. "The high export duty will make raw timber too expensive for us.". (ABC News -- Wire)

    Cost cuts help Electrolux profits  Oct 26, 2009
    The company said that cost savings and reduced prices of raw materials had both helped to improve profitability. It added that raising prices and an improved product mix had contributed. (BBC News -- Europe)

    Bull's Eye: AEL, Bajaj Auto, Hero Honda, Asian Paints, Yes Bank  Oct 26, 2009
    Thus, 40% of steel will be re-priced from October and margins will be affected by increases in prices of other key raw materials eg, aluminium and tyres from the coming quarter ... With HH having got the full benefits of lower input prices in 1Q, raw materials per vehicle as well as RM/sales were flat QoQ in 2Q.. (India Times)

    Touradji Beaten by Commodity Indexes Shows Hedge Funds Losing Edge in 2009  Oct 26, 2009
    1 percent in its raw materials fund. Commodity lost 3. (Bloomberg -- UK)

    The Penang experience  Oct 26, 2009
    Consistent review of quotations based on the latest pricing of raw materials is needed to lower the cost of government projects, Tan said. News Poll. (The Star Online, Malaysia)

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