Search Results for: Russia

RUSSIA is challenging the European Union’s (EU) third energy package at the World Trade Organisation (WTO), claiming its requirements for market access and unbundling break EU WTO commitments for open trading with other countries. Moscow is concerned the law will, for instance, allow competitors access to infrastructure such as the South Stream pipeline it wants to build across the Black Sea.…

The continuing excess capacity in the world’s steel industry and its drag on the sector’s economic health will again be a key focus of the Organisation for Economic Co-operation & Development’s (OECD) steel committee when it next meets in Paris from June 5 to 6.…

The Istanbul Chamber of Industry (İstanbul Sanayi Odası – ISO) has identified actions the Turkish textile industry should take to capitalise on its potential, including an increase in research and development (R&D) and recruiting more skilled workers.

In a ‘Textile Industry Sector Report’ released earlier this month, the ISO identified strengths in the country’s textile industry, including high levels of production capacity in all sub-sectors.…

Russia’s leading textile producers are pressing the Russian government to approve a package of measures aimed at supporting the industry, which were developed at last month’s International Forum of Light Industry: “Russia : Light industry : Present and Future,” staged in Moscow.…

WHEN Finland’s Tobacco Act came into force on October 1, 2010, it made news around the world. For the first time a country had stated explicitly it wanted to end smoking on its territory and gave a date: Finland would be non-smoking by 2040.…

Opinion is divided in Pakistan over whether the government’s appointment of the retired Major General Zaheer Ahmed as the chief executive officer (CEO) of Pakistan Steel Mills (PSM) will boost the viability of the ailing steel-maker.

Dr Salman Shah, former finance minister under a liberal-led government between 2004 and 2008, told Steel First investment worth billions is needed to revive the PSM, and the current conservative government of Prime Minister Nawaz Sharif does not have that kind of money.…

Events in Ukraine continue to unfold in dramatic fashion: a government overthrown, Crimea annexed by Russia, pro-Russian separatists stoking unrest and grabbing government buildings in eastern Ukraine, and worries of a full-scale invasion. Weaved into these crises – and in many respects at the heart of them – is Ukraine’s oil and gas sector.…

Bangladesh steel makers are anticipating a rush of orders with the country beefing up efforts to implement new generation infrastructure projects involving billions of dollars. Government data indicates that more than USD13 billion will be invested in projects whose construction is planned over the next 10 years, ranging from a metro railway in the capital Dhaka, to elevated expressways, a deep-sea port and an underwater road tunnel in the southeastern port city of Chittagong.…

The Nordic paints and coating market is competitive and growing, being dominated by a handful of strong players headed by Tikkurila and Teknos in Finland and Jotun in Norway. In Dyrup, the region could boast a fourth major local player, although American corporation PPG Industries paid the Danish firm’s parent, Monberg & Thorsen, EUR115 million for the company in 2011.…

TURKEY is the Middle East’s largest oilseed producer, but domestic demand outstrips supply despite efforts to boost production. In olive oil, Turkey is increasing production and exports, being the fifth largest producer globally, with the sector valued at USD500 million, according to Tariş Zeytin ve Zeytinyağı – the union of olive and olive oil co-operatives.…