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ORE

Iron ore rally challenges bears’ forecasts Iron ore isn’t sticking to the script, at least for the bears. The commodity that was supposed to be weighed down again this year by rising low-cost supply and poor demand has soared 18 per cent, establishing a foothold above $US50 a metric ton.

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chemical

Sodium Silicate Market: Rapid Development of Detergents and Cleaning Agents Industry to Fuel Market Growth. Global Sodium Silicate Market to Reach US$6.7 bn Exhibiting Slow yet Steady Growth between 2015-2023. According to a report published by Transparency Market Research (TMR), a market intelligence and research firm, the overall value of the global sodium silicate market stood at US$5,561.4 million in 2014. Analysts at TMR estimate the CAGR of this market over the period from 2015 to 2023 to be 2.5%, leading to a total market value of US$6,933.6 million by 2023.

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PETROCHEMICAL

Petrochemical prices slump in January pushes global IPEX down 2.0%.
Price falls were seen across the board as the oil price fell further and the demand outlook remained clouded by global economic uncertainty. Financial and commodity market nervousness at the start of the year was fully reflected in the petrochemicals and polymers picture. US polymer, aromatics and even methanol prices were lower in the month.

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ORE

EDITORIAL: Asphalt vs. concrete: A changing debate?

rankly, most people don’t care what’s underneath their shoes or tires. They just want a flat, smooth driving surface that’s not constantly being repaired. They leave it to the experts to decide which is best and will last the longest.
This is where concrete and asphalt pavement interests collide. And concrete interests have been yelling the loudest lately, claiming they’re often not heard because too many public engineers and city councils only consider the initial cost of paving a road. That makes asphalt cheaper.

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chemical

Dabur, Marico and P&G drop prices of flagship products in January

As commodity costs declined in the first month of the calendar year, leading CPG companies cut prices on some of their flagship products Given the budget’s rural thrust, consumer packaged goods (CPG) companies are hopeful of a volume-led growth recovery in the latter half of the calendar year. As commodity costs declined in the first month of the calendar year, and volumes remained muted, leading CPG companies cut prices on some of their flagship products.

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PETROCHEMICAL

Using specialty lubricants in cement plants

Many cement plants today are bound by sustainability targets set by the World Business Council for Sustainable Development, under the voluntary Cement Sustainability Initiative. Globally, the cement industry has reduced its specific net CO2 emissions per t of product by 17% since 1990 – from 756 kg/t to 629 kg/t in 2010. The Cement Sustainability Initiative Roadmap of 2009 suggests that the target for 2050 should be 420 kg/t.

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