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August 2015
31 August 2015
As the oil glut continues into the second half of 2015, companies such as Clariant are working on innovative solutions so that E&P firms, which are opting to delay or cancel projects in the wake of low prices, can get more from existing drilling ventures.
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31 August 2015
LWP, which is in the process of developing a proppant based on fly ash for use in hydraulic fracturing, is experiencing delays at its pilot plant in Australia owing to an installation error by the kiln manufacturer. The company however anticipates that its pilot plant will be in production by the end of September.
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31 August 2015
The US-based company is hoping to hit the ground running next month, as it launches its new line of low and ultra-low soda aluminas focused towards investment casting, ceramics and refractories applications.
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25 August 2015
The Germany-based speciality alumina producer saw its half-year revenue increase, helped by strong demand for its fillers and a solid technical ceramics division. The group now expects to exceed its EBIT projections for 2015.
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21 August 2015
The sand-based proppant supplier has launched a campaign to encourage North American E&P companies to “build better wells” by improving well design pairings with proppants that will lower costs and increase production from fracking operations.
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18 August 2015
The government today followed up its promises to speed up shale oil and gas developments in the UK by announcing the recipients of 27,000km2 worth of licences for the development of energy resources.
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13 August 2015
The state mining company recorded a disappointing start of the fiscal year 2015-2016, with profits down in the quarter ending 30 June, GMDC’s position as a leading mineral supplier in the Indian chemical and refractory industry has dwindled, as the falling value of Chinese renminbi poses a further threat to its earnings.
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12 August 2015
E&P companies are facing a number of challenges, with the decline in oil and gas prices forcing operators to cut costs and increase efficiencies wherever possible, while the looming stricter OSHA requirements regarding respirable silica also raises the question of dust control. Solaris’ 12-mobile sand silo system professes to address both of these issues by reducing dust and eliminating truck demurrage on site.
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12 August 2015
According to a report from Lux Research, although fracking activity – which uses a large amount of water – has declined, the industry still presents ample opportunity for water management companies willing to come up with new solutions. Among the minerals used in water treatment that could benefit from this are alumina, magnesium hydroxide and lime.
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10 August 2015
Chinese activity in the steel market is hurting the Indian firm’s refractories operations in the US and partly contributed to its fall in profit for Q1 of fiscal 2016. Yet, the company is optimistic about its long-term growth and maintains that it will benefit from India’s increased steel output and infrastructure spend.
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10 August 2015
Funds from a share placement deal, mainly with diversified Malaysian company, Melewar, will contribute to the detailed design phase of Altech’s Malaysia-based alumina facility.
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07 August 2015
Vietnam hosts a number of rich but largely undeveloped mineral resources and a new FTA with Europe is expected to see more resource investment flow into the country. One expert has warned that the deal could also ease the export passage of minerals smuggled from China.
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04 August 2015
The Indian company, part of the Murugappa Group, recently announced that it was shutting down and relocating its loss-making Thukela Refractories facility, which produced alumina, from South Africa to India. As a result of this move, coupled with a weak Russian rouble, CUMI has reported a drop in first quarter revenue.