• Indian company to set up $1bn fertilizer factory in Ghana

      24/05/2010
    An Indian company plans to establish a $1 billion fertilizer plant in Ghana, the Bloomberg news service has reported citing an unnamed Indian government official with knowledge of the matter.  
    SEE MORE
  • India's finance ministry for freeing up urea imports

      24/05/2010
    In a move that would rid the fertiliser industry of the remaining regulatory shackles, the finance ministry has strongly advocated the need for de-canalising the import of urea. The government recently ushered in reforms in the fertiliser sector by inducting the nutrient based fertiliser (NBS) subsidy plan. It allowed price decontrol of all other fertilisers, except urea.  
    SEE MORE
  • Shanghai copper up on LME rally, set to stablise

      24/05/2010
    Shanghai copper rose more than 2 percent on Monday, tracking gains in London copper prices in the previous session, as traders see more market stability this week in absence of further bearish news from the euro zone.  
    SEE MORE
  • Asia spot aluminium premiums may drop as supplies weigh

      24/05/2010
    Reuters reported that Premiums paid by Asian buyers for spot primary aluminium may fall at least 10% in the next 2 months to around USD 100 per tonne over cash London prices due to higher availability of the metal.  
    SEE MORE
  • Middle East Leads Global Plastics Industry with 30% Annual Growth Rate

      23/05/2010
    DUBAI, United Arab Emirates: The Middle East will be a leading producer and exporter of plastic resins within the next five years, with polyethylene (PE) and polypropylene (PP) capacity in the region slated to more than double by 2015.  
    SEE MORE