The first several months of 2012 were optimistic times for the potash industry, with a recent acceleration in world demand for the product showing no initial signs of wavering. What we now know is that a number of combining factors in the latter half of 2012 would conspire to negatively impact upon the potash market.

Eighty years ago, back in 1932, Air Parts International Sales Inc. started serving the needs of commercial aviation customers worldwide by providing a complete range of aircraft materials, services support and ground based equipment. “Not every business can say they’ve been around that long,” says API General Manager, Michael Peter Balwan, Jr.

According to a regulatory filing by shareholder Yahoo, which holds a 24 percent stake in the company, Alibaba’s net profits for the three months to December 2012 rose to $642 million from $237 million the previous year. Meanwhile revenues were more than 80 percent higher during the same time period.

 

Anyone with an eye on the travel industry will see that there has been a lot of activity around Air Mauritius in the last year and that it has begun to make ripples that will get it noticed even by its biggest competitors. The fact is that Air Mauritius is not simply a regional airline but one that flies each week to four continents and is punching way above its weight in the global industry.

The MTConnect standard facilitates data collection vital for meaningful analysis of machine tool behavior. In 2007, a group at the Association for Manufacturing Technology (AMT) led by Paul Warndorf realized the need for a comprehensive standard to address the inability to collect data from manufacturing equipment. That was six years ago and various machine tool builders and controller manufacturers functioned as islands of automation, requiring proprietary methods to access their data.

Costing $1.3 billion to build, the news of the plant approval is a major boost for GM, coming at a time when it has expressed its interest to increase its share of the luxury car market in China. Currently dominated by Audi and BMW, this market has been steadily growing in recent years as people’s income levels have increased.

The two companies first entered into a strategic alliance in August 2012 with the stated aim being to acquire such projects in Brazil.

Under the first stage of the MoUs, the alliance will spend some $4 million on exploration, with BC Iron noting that the expenditure for each following stage would be dependent on the success of the preceding work to delineate economic mineralisation.