In November, Cargotec secured a breakthrough contract for two large Siwertell coal unloaders from Formosa Petrochemical Corporation part of the Formosa Plastics Group. The unloaders will be the largest that Cargotec has delivered so far and ...
US carmaker Ford and its joint venture Changan Ford Mazda Automobile (CFMA) are planning to invest $760m to build a new assembly pant in Hangzhou, China. The new assembly plant is expected to increase the production capacity by two fold ...
Tags: Ford, new assembly, Hangzhou
In accordance with Interim Measures for the Administration of Import Tariff Quotas of Agricultural Products (Order No.4 of 2003 of the Ministry of Commerce and National Development and Reform Commission), the Ministry of Commerce formulated ...
Tags: Agricultural Products, wool, tops
Annual sales of plug-in electric vehicles (PEVs) in China will reach only 45,000 units by 2015, increasing to 152,000 vehicles in 2017, according to a report from Pike Research. The report found that the figure represents less than 1% of ...
Tags: plug-in electric vehicles, light duty vehicle, EV models, electric car
UQM Technologies (UQM), a developer of alternative energy technologies,has signed an agreement with a Chinese company to develop and market electric propulsion systems for New Energy Vehicles (NEV) in China. Under the agreement, the two ...
Tags: UQM, electric propulsion, China, new EV
Tower Group has accomplished its $75m investment in Canopius Group and subsequently acquired 10.7% of the ordinary share capital in the firm. Canopius, a privately owned Lloyd's of London insurance holding company offers insurance and ...
Tags: Tower Group, investment, Canopius Group, share capital, insurance
It is reported that Chinese steel pipe maker Baoji Petroleum Steel Pipe Co., a subsidiary of China National Petroleum Corporation (CNPC) said that its Ziyang pipe plant received steel pipe orders of approximately 286,700 tons in the first ...
Tags: steel pipe, Petroleum Steel Pipe, pipe sales
Beijing Automobile Works (BAW) has opened a ZAR196m ($22m) minibus taxi assembly plant in Johannesburg, South Africa. BAW is majority owned by Chinese state-owned Beijing Automotive Industry Holding Company which holds 51% stake while ...
Tags: Beijing Automobile, Minibus, South Africa
It's reported that the Taiwanese stainless steel mills are going to release December price policy this week. Industry predicted that the Taiwanese stainless steel mills might seek to leave the December list prices unchanged since the ...
Tags: Stainless Steel, Taiwanese Stainless Steel, Stainless Steel price policy
Dongfeng Honda Automobile, a joint venture bewteen Honda and Dongfeng in China, has started the production at its new second automobile plant in Wuhan, Hubei Province. According to the carmaker, the second plant can initially produce ...
Tags: Dongfeng Honda, production, Wuhan facility
US carmaker Ford is planning to invest $760m in building a new assembly plant in Eastern China, in a move to expand its capacity. The carmaker said that new Hangzhou plant will double its production capacity in China to 1.2 million ...
Tags: Ford, assembly plant, China
Automotive batteries supplier,Johnson Controls is planning to invest $200m in building an automotive battery manufacturing plant in Tianjin, China. The company is expecting final approval for the project, following the approval, ...
Tags: automotive batteries, automotive battery, batteries, Johnson Controls
General Motors China has signed a memorandum of understanding (MoU) with the China Automotive Technology and Research Center (CATARC) to manage its Chevrolet Volt demonstration fleet in Beijing for a period of one year. The MoU will also ...
The Ministry of Commerce of the People's Republic of China issued the business in China textile city during the month of September 2012. According to the monthly statistics, in September, 2012, the total sales volume of the textile markets ...
Tags: textile city, textile market, textile industry, textile
UK-based HSBC Holdings PLC is likely to dispose of its 15.6% interest in China’s Ping An Insurance. Undisclosed sources were cited by a Chinese-language Hong Kong Economic Journal as saying that Thai businessman Dhanin Chearavanont ...
Tags: PLC, interest, Ping An Insurance, insurance