China Petroleum and Chemical Corp, or Sinopec, raised ex-factory toluene prices at its South China subsidiaries by 1.3% or Yuan 100/mt Friday, a company source said. Sinopec Guangzhou will now offer toluene at Yuan 8,050/mt, or ...
Tags: Sinopec, China Toluene
China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...
Tags: Drilling Rig, monopoly producer
Toshiba Corp. says it has acquired a 76% interest in CyberGrid GmbH, an Austrian developer and provider of intelligent energy management solutions. Toshiba says it sees the development of its smart community business as a key strategy for ...
Tags: Consumer Electronics, Toshiba
Pump Solutions Group is pleased to announce that its Wilden Turbo-Flo Z air-operated double-diaphragm (AODD) pumps have received the Safety Certificate Approval for Mining Products, which certifies that the pumps can be used in mining ...
Tags: Pump, Processing Machinery
Feng Hsin, one of the major steel long product manufacturers in Taiwan has announced that its June sales revenues totaled NT$2.468 million, falling by 12.3% from May. Also, Feng Hsin has to list its loss from in-stock inventory in June ...
Tags: Mineral, steel long product
Prices for sapphire ingots in the third quarter of 2013 are expected to increase by 15-20% on quarter mainly due to growing demand from LED makers and China-based smartphone vendors, according to Taiwan-based supply chain makers. Prices ...
Tags: Taiwan, smartphone, Consumer Electronics
International infant formula producers in China have announced their plans to lower the prices, a move which comes after the government initiated an investigation into alleged price fixing by foreign firms. Danone said that it will lower ...
Tags: infant formula, baby formula
A second foreign manufacturer of baby formula is planning price cuts amid an investigation by China's top economic planner. Dumex, part of France's Danone group, said Thursday it was preparing a price reduction proposal. On Wednesday, ...
Tags: baby formula, dairy products, milk powder
China's service sector in June grew too slowly to counteract a wider loss of momentum in China’s economy, Reuters reported. Numbers released by the National Bureau of Statistics showed service PMI at 53.9, a 9 month low, while a ...
Tags: Service Sector, Domestic Demand
Coinciding with its stock market debut, Osram will light up the financial district of Frankfurt with the new TaunusTurm high-rise tower consisting of more than 12,000 indoor luminaires. Osram is offering a variety of LED luminaries on ...
Tags: Indoor Luminaires, Osram, Lighting
Despite China's slowing economic growth, the retail industry in the world's second-largest economy will maintain sustainable growth in the medium and long term, commerce officials said on Thursday. Meanwhile, the industry is undergoing a ...
Tags: Retail Industry, economic growth
Recently, the transaction prices of China Steel Corp. (CSC)’s electric furnace (EF) Al-killed finished wire have decreased further in the Taiwanese market. At present, the prices come to NT$23,500/ton. It’s learned that the ...
Tags: Finished Wire, Mineral
German plantmaker SMS Siemag has announced that it has received an order from Chinese steelmaker Baosteel Zhanjiang Iron & Steel Co. Ltd. for the supply of a new 2,250 mm hot strip mill to be built at the new steelworks location in ...
Tags: SMS Siemag, Hot Strip Mill
IDG News Service - Chinese Internet giant Tencent is rolling out a global marketing campaign for its WeChat messaging app in a bid to expand the product's reach across 15 different markets, and boost its popularity among users outside ...
Tags: Computer Products, IDG, WeChat
On July 4, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that in June this year it produced 446,325 mt of finished steel, up 18.14 percent ...
Tags: Finished Steel Output, Mineral