Category Archives: Commodities

Commodities Press Releases & News distributed via EuropaWire

Round 2 of the Aquaculture Innovation Challenge Selects 15 Bright Ideas

UTRETCH, 21-Apr-2017 — /EuropaWire/ — After the first round of the Aquaculture Innovation Challenge (AIC), hosted by Seafood Trade Intelligence Portal (STIP), Solidaridad and Fresh Studio, 15 innovation plans have been chosen for round two. Successful entries included those addressing issues … Read the full press release

La Morella Nuts to launch organic and sustainable nuts in Cologne trade fair

New range of organic Mediterranean nuts that burst with authentic flavors and come in a diverse range of applications At ISM, la Morella Nuts announces the development of its sustainable nuts program to guarantee a future for the profession and … Read the full press release

No need for preservatives with the new chocolate and fruit fillings from Barry Callebaut

New fillings offer multisensory experiences boosting the taste of pralines, tablets and biscuits Fillings made without added vegetable fats or preservatives Chocolate fillings are solely made with Swiss chocolate ZURICH, 07-Feb-2017 — /EuropaWire/ — On the occasion of the ISM … Read the full press release

European Commission to strengthen the regulation of commodities markets and curb price speculation

BRUSSELS, 02-Dec-2016 — /EuropaWire/ — The European Commission has taken important steps today to strengthen the regulation of commodities markets and curb price speculation. It also ensures that firms active on these markets are regulated appropriately. The package completes the rulebook … Read the full press release

Glencore to sell Glencore Rail (GRail) coal haulage business for A$1.14 billion to Genesee & Wyoming Australia

Baar, Switzerland / Sydney, Australia, 21-Oct-2016 — /EuropaWire/ — Glencore has reached agreement with Genesee & Wyoming Australia (GWA) to sell its Glencore Rail (GRail) coal haulage business in the New South Wales Hunter Valley for A$1.14 billion. The closure of the … Read the full press release

The volume of supply spot trading of oil products for the current 6 months on Ukrainian Energy Exchange amounted to $US 88.6 million

KYIV, 01-Jul-2016 — /EuropaWire/ — For the 6 months of holding spot electronic trading on the electronic trading platform of the Ukrainian Energy Exchange Public company PJSC “Ukrgasvydobuvannya” has managed to significantly increase the level of competition on its resource … Read the full press release

Ukrgasvydobuvannya earned additional 11 million UAH on Ukrainian Energy Exchange

KYIV, 24-Jun-2016 — /EuropaWire/ — On Thursday, 23rd June 2016 on the trading floor of CE “Ukrainian Energy Exchange” an exchange auction was held for the sale of liquefied gas for the domestic market, production of PJSC “Ukrgasvydobuvannya”. In the … Read the full press release

Ukrainian oil products fell in price against the background of global trends – Ukrainian Energy Exchange

KYIV, 15-Jun-2016 — /EuropaWire/ — On Tuesday, June 14, 2016 on the electronic trading platform of CE “Ukrainian Energy Exchange” were held spot trading of petroleum products produced by PJSC “UkrGasVydobuvannya” on the domestic market № UGV-22. 8 485 tons … Read the full press release

E.ON Global Commodities SE to purchase up to two million tons of regasified LNG per year (2.0 mtpa) from Meridian LNG in a new 20-year gas sales agreement

Düsseldorf, 27-4-2015 — /EuropaWire/ — Meridian LNG Holdings Corp. (Meridian LNG) and E.ON Global Commodities SE (EGC), the trading unit of E.ON SE, have entered into a 20-year gas sales agreement under which EGC has agreed to purchase up to two … Read the full press release

Glencore joined the Plenary of the Voluntary Principles on Security and Human Rights (Voluntary Principles)

Baar, Switzerland, 20-3-2015 — /EuropaWire/ — Glencore is pleased to announce that on 18 March 2015 it joined the Plenary of the Voluntary Principles on Security and Human Rights (Voluntary Principles). The Voluntary Principles were established in 2000 and provide … Read the full press release

EBRD to partly finance the working capital of one of the key agricultural commodity importers and supply chain managers in Egypt

LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a US$ 20 million loan, to partly finance the working capital of Medsofts, a family-owned company based in Egypt and one of the key agricultural commodity … Read the full press release

Uralkali appoints Anton Vishanenko as the interim CFO

Berezniki, Russia, 2-10-2014 — /EuropaWire/ — Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, announces that Viktor Belyakov has resigned from his position as Chief Financial Officer of the Company. Anton Vishanenko will act as the interim CFO until the … Read the full press release

Roland Berger and International Controller Association study reveals 60% of companies affected by the commodity trap

New study by Roland Berger and the International Controller Association (ICV) shows that standardized products are impacting prices and margins, thus threatening companies in all industries The premium segment is being affected too: Roughly 20% of high-end products and services … Read the full press release

Credit Suisse: Commodities increased in February as supply and demand fundamentals supported returns

New York, 12-3-2014 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “As of the end of the month, the path for Ukraine was unclear. Russia’s show of force across the Crimean Peninsula stoked supply-risk … Read the full press release

Dmitry Osipov appointed new CEO of Uralkali

Berezniki, Russia, 27-12-2013 — /EuropaWire/ — At the meeting held on 23 December 2013, the Board of Directors of Uralkali (LSE: URKA; the Company) took the decision to appoint Dmitry Osipov as the new General Director (CEO) of the Company, effective … Read the full press release

Rosneft to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division

Moscow, Russia, 26-12-2013 — /EuropaWire/ — On December 20, 2013 a Russian 100% subsidiary of Rosneft Oil Company and Morgan Stanley signed a binding agreement to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division. Financial terms of the … Read the full press release

Hong Kong Exchanges and Clearing Limited (HKEx) and London Metal Exchange (LME) announced the Board of LME’s self-clearing platform currently in development

London, UK, 18-12-2013 — /EuropaWire/ — Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME) are pleased to announce the formation of the Board of LME Clear, the LME’s self-clearing platform currently in development. LME Clear is on … Read the full press release

LCH.Clearnet reports cleared freight volumes reach record levels on commodities demand from China

Cleared commodities freight volumes reach record levels since the peak in 2008 Paris, France, 18-10-2013 — /EuropaWire/ — LCH.Clearnet Limited (LCH.Clearnet) announced that cleared freight volumes more than doubled* in September from a year earlier as traders increased their hedged positions to … Read the full press release

Uralkali released IFRS H1-2013 Financial Results: Net Revenue down 29%, EBITDA down 40% YoY

11-9-2013 — /EuropaWire/ — Uralkali (LSE: URKA, “the Company”), one of the world’s largest potash producers, has today published its audited financial results for the six months ended 30 June 2013 prepared in accordance with IFRS and audited by ZAO PricewaterhouseCoopers Audit. … Read the full press release

Uralkali’s Board of Directors announced the decisions made on the meeting held on 10 September 2013

11-9-2013 — /EuropaWire/ — Following the meeting held on 10 September 2013, the Board of Directors of Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, has made the following decisions. The Board has approved the Consolidated Condensed Interim … Read the full press release

EU Commissioner Michel Barnier’s statement on the new Market Abuse Regulation endorsed by the European Parliament

11-9-2013 — /EuropaWire/ — I welcome the political agreement with Council on the Market Abuse Regulation that Parliament has endorsed today, which will establish tougher rules to better prevent, detect and punish market abuse. With this agreement, the European Parliament has made … Read the full press release

Christopher Delbrück appointed CEO at E.ON Global Commodities SE in Düsseldorf

Christopher Delbrück follows Klaus Schäfer as CEO of E.ON’s trading unit David Port and Damian Bunyan join the board 06-9-2013 — /EuropaWire/ — Christopher Delbrück has been appointed CEO (Chief Executive Officer) of E.ON Global Commodities SE (EGC) in Düsseldorf. He will take over from Klaus … Read the full press release

Statement of Uralkali’s Chairman Alexander Voloshin on Uralkali CEO Vladislav Baumgertner detention in Minsk, Belarus

28-8-2013 — /EuropaWire/ — “I consider the detention of Uralkali CEO Vladislav Baumgertner in Minsk on 26 August to be an outrageous act. Economic disputes and various differences which often arise in the course of business should not be dealt with in … Read the full press release

The London Metal Exchange (LME) and Hong Kong Exchanges and Clearing Limited (HKEx) appoint Garry Jones as Chief Executive of the LME to succeed Martin Abbott

27-8-2013 — /EuropaWire/ — Hong Kong Exchanges and Clearing Limited (HKEx) and The London Metal Exchange (LME), part of the HKEx Group, are pleased to announce the appointment of Garry Jones as the Chief Executive of the LME to succeed Martin Abbott, … Read the full press release

Credit Suisse: commodity market increased in July 2013 supported by positive macroeconomic data

Commodities were higher in July as fundamentals improved for some commodities, supported by positive macroeconomic data. 19-8-2013 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “Based on the July Purchasing Managers Index reports, … Read the full press release

ThyssenKrupp Metallurgical Products GmbH acquired New York metal commodity trading company BenMet

Expansion of activities in North and South America, widening of product portfolio 8-7-2013 — /europawire.eu/ — ThyssenKrupp Metallurgical Products GmbH, Essen, has acquired the business of metal commodity trading company BenMet NY, headquartered in New York, effective July 1, 2013. The … Read the full press release

Glencore Xstrata plc announced it signed USD 17,340 million Revolving Credit Facilities

Baar, Switzerland,  5-7-2013 — /europawire.eu/ — Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous … Read the full press release

NYSE Euronext acquisition by InterContinental Exchange cleared under the EU Merger Regulation

Brussels, 25-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of NYSE Euronext (“NYX”) by the InterContinental Exchange (“ICE”). NYX and ICE operate exchanges providing trading and clearing services, particularly in the field of … Read the full press release

Saxo Bank launched Trade Navigator on TradingFloor.com

30-5-2013 — /europawire.eu/ — Saxo Bank, the multi-asset online trading and investment specialist, has launched Trade Navigator on TradingFloor.com, a new trading tool that provides daily technical insight into around 200 instruments. By amalgamating several known and widely used technical indicators … Read the full press release

Michelin announces €4.9b in 1Q 2013 sales, in line with its full-year outlook

Market environment was weak in Europe in Passenger car & Light truck tires, disappointing in North America and expanding in the new markets. Volume performance reflected: – The two fewer business days. – The difference in market trends between the … Read the full press release