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Iran to make ‘third step’ in scaling down commitments under 2015 nuclear deal – FM

2 weeks ago DieselGasoil Comments Off on Iran to make ‘third step’ in scaling down commitments under 2015 nuclear deal – FM
Tehran is ready for the next phase of reducing its obligations under the 2015 nuclear agreement, as the US ramps up sanctions against the country and its Foreign Minister Mohammad Javad Zarif. “The third step in reducing commitments will be implemented in the current situation,” Zarif said on Saturday, as quoted by local media. The Read More

Covia Closes the Sale of Its Calera Lime Facility for $135 Million

3 weeks ago DieselGasoil Comments Off on Covia Closes the Sale of Its Calera Lime Facility for $135 Million
INDEPENDENCE, Ohio, Aug. 01, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced that effective today, it has closed on the sale of its Calera, Alabama lime processing facility to Mississippi Lime Company. Gross proceeds are $135.0 million in cash, subject to certain Read More

South Korean chip giants face ‘strangling’ from Japanese export curbs

3 weeks ago DieselGasoil Comments Off on South Korean chip giants face ‘strangling’ from Japanese export curbs
SEOUL (Reuters) – South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months. FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Read More

Covia Announces Sale of Its Winchester and Western Railroad for $105 Million  

4 weeks ago DieselGasoil Comments Off on Covia Announces Sale of Its Winchester and Western Railroad for $105 Million  
INDEPENDENCE, Ohio, July 26, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced today that it has executed a definitive agreement to sell its Winchester and Western Railroad (“W&W”) to an affiliate of OmniTRAX, Inc. (“OmniTRAX”) for total proceeds of $105.0 million in Read More

REC Silicon – Second quarter 2019 results

4 weeks ago DieselGasoil Comments Off on REC Silicon – Second quarter 2019 results
Fornebu, Norway – July 25, 2019: REC Silicon ASA (REC Silicon) reported second quarter 2019 revenues of USD 47.0 million. EBITDA for the second quarter of 2019 was USD 0.5 million compared to an EBITDA loss of USD 4.7 million in the first quarter of 2019. The increase in EBITDA was primarily due to lower Read More

Russia unearths biggest diamond ever found in Europe

1 month ago DieselGasoil Comments Off on Russia unearths biggest diamond ever found in Europe
The Arkhangelsk Region in Russia’s northwest has been rich with discoveries of gems in recent months, and the biggest diamond in Europe and a rare yellow diamond have been found at a local mine, along with other precious stones. A lemon yellow diamond weighing 47.61 carats, unearthed on Saturday, became the latest discovery in one Read More

REC Silicon – Invitation to the second quarter 2019 results

1 month ago DieselGasoil Comments Off on REC Silicon – Invitation to the second quarter 2019 results
REC Silicon ASA (REC Silicon) will release its Q2 2019 results on Thursday, July 25, 2019 at 07:00 a.m. Central European Summer Time (CEST). A presentation of the results will be held at 08:00 a.m. CEST at Hotel Continental, Stortingsgata 24/26, Oslo, Norway. The presentation will be in English. A live webcast from the presentation Read More

REC Silicon – US -and China’s Long-Standing Trade Dispute Force Further Lay-Offs

1 month ago DieselGasoil Comments Off on REC Silicon – US -and China’s Long-Standing Trade Dispute Force Further Lay-Offs
Moses Lake, WA, July 15th 2019: REC Silicon ASA (REC Silicon) previously announced that its FBR facility in Moses Lake, Washington would be placed in a long-term shutdown by July 15, 2019 if its access to polysilicon markets in China was not restored by that date. Although recent talks between the Government of the United Read More

Iranian president warns UK of ‘consequences’ over seized oil tanker

1 month ago DieselGasoil Comments Off on Iranian president warns UK of ‘consequences’ over seized oil tanker
Iran’s president Hassan Rouhani has told the UK it faces “consequences” after British forces seized an Iranian oil tanker off Gibraltar. The Grace 1 was boarded by Royal Marines last week over accusations it was breaking sanctions by taking an estimated two million barrels of crude oil to Syria. “You (Britain) are the initiator of Read More