The US Energy Information Administration (EIA) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the ...
Tags: Metallurgy, Mineral, Energy
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
The Acura Concept SUV-X has made its world premiere at the 2013 Shanghai auto show, hinting at a future compact SUV designed primarily for the Chinese market. The world debut of the Acura Concept SUV-X marks the first time the luxury ...
South African textile and apparel industry is facing several challenges, including macroeconomic influences of Asian imports and the domestic labor challenges, and hence the performance of the industry may reamin stable in the coming years, ...
Tags: Challenges, Apparel, Textile
Mitsubishi Motor sales in Chinese market grew sharply in January, but the production in China slimmed, and the decrease rate was lower than previous months. In January of 2013, Mitsubishi Chinese sales were Mitsubishi, up 28.9% year on ...
Tags: Mitsubishi, Production, China, Sales
In 2012, Chinese production and sales of automotive vehicles amounted to 19.2718 million units and 19.3064 million units, up by 4.63 percent and 4.33 percent year on year respectively, as stated by the China Association of Automobile ...
Tags: auto sales, automotive vehicles, automotive vehicles industry
According to the World Bureau of Metal Statistics' most recent report, the market surplus for primary aluminum between January and September 2012 was 488,000 tonnes which follows a surplus of 1,871,000 tonnes recorded for the whole of 2011. ...
Tags: World Bureau of Metal Statistics, primary aluminum, most recent report
German luxury car maker BMW has sought permission from the Chinese government to increase its annual production by 80%, from the current 200,000 to 360,000 units. The carmaker's 50-50 Chinese joint venture, BMW Brilliance Automotive ...
The United States isn’t the only place debating “reshoring” of manufacturing from China these days -- Taiwan’s large plastics industry is also taking a hard look at whether rising costs in mainland China will bring ...
Tags: Market View, Injection machinery
Chinese production of silicon metal (silicon content is 98.5%), the production of original metallurgical silicon, chemical metal silicon (silicon content is 99.85%) since the mid-1990s to develop, in recent years, the production and exports ...
Tags: learning center, Smelting
According to a Reuters calculation based on data released by World Steel Association, the daily rate of global crude steel production rose slightly in February 2012 from a month earlier, helped by a seasonal demand pickup in top producer ...
Tags: Industry Trends, fastener
Columnist Amine Bouchentouf is a partner at Parador Capital LLC, an institutional advisory firm focused on commodities and emerging markets. He is the author of the bestselling Commodities For Dummies, published by Wiley. Amine is also the ...
Tags: Market View, copper, bronze, raw material
Stuttgart/Chengdu – To further expand its regional commitment in China Bosch Packaging Technology intends to build a second production facility in Chengdu, Pujiang county in Sichuan province. The investment volume amounts to 17 ...
Pushed by the record-high yen and economic problems at home, Japan’s large plastic machinery manufacturing industry is accelerating its investment in lower-cost countries, expanding both in China and elsewhere in Asia. Japan Steel ...
Tags: industry trends
As Japan’s largest plastics show kicked off Oct. 25, the country’s machinery industry faces an uncertain time, with its global production up but companies under pressure to move manufacturing to low-cost spots. Japanese ...
Tags: plastics