Changyi Petrochemical's ERP project for its 1-million-to-per-year reforming integrated unit and diesel hydrogenation unit recently went into operation ahead of schedule, providing for trial material feedings for new projects. The company ...
Tags: Changyi, petrochemical, ERP, project
In another sign of the government's resolve to tackle the problem of excess industrial capacity, the Ministry of Land and Resources will reject applications for land acquisition by companies in sectors with low capacity utilization ratios. ...
Tags: Surplus Capacity, Mineral
China's Ministry of Land and Resources Monday suspended land applications for new projects in the aluminum, cement, steel and glass sectors with immediate effect due to surplus capacity in these industries. "For new projects involving ...
Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...
Tags: naphtha, light products
Russia-based pipe producing company United Metallurgical Company (OMK) has stated that it plans to decrease steel pipe production in 2013 by six percent compared to 2012 to 1.5 million mt. Meanwhile, the situation is expected to improve in ...
Tags: OMK, Russia, steel pipe, output
Mitsubishi Motors Corporation and the Renault-Nissan Alliance have announced plans to explore several new projects involving shared products, technologies and manufacturing capacity. The expansion of the existing NMKV joint venture ...
Tags: Mitsubishi, Renault-Nissan, City Car
The Renault-Nissan Alliance and Japanese commercial vehicle manufacturer Mitsubishi Motors have announced a partnership to explore several new projects covering shared products, technologies and manufacturing capacity among the automakers. ...
Tags: Transportation, car, Nissan
The South East Asia Iron and Steel Institute (SEAISI) said today, October 28, that the ASEAN (Association of Southeast Asian Nations) region is a significant net importer of steel products, pointing out that the region is not ...
Tags: Steel Plant, Mineral
The Environmental Protection Agency of the Chinese city of Tianjin has announced that it plans to eliminate 1.4 million mt and 2.29 million mt respectively of outdated steel and cement production capacities in the city before the end of the ...
Tags: Steel Output Capacity, Mineral
The output of the European Union's construction industry is foreseen to drop by 3.5 percent this year, while the downtrend in EU construction sector output is expected to end in 2014 with a rise of one percent predicted for the year, ...
Tags: Construction Output, Mineral
Dufry has in recent quarters substantially expanded its footprint in Asia and has now added further concessions in South Korea and China. Including these latest contract wins, Dufry will have a presence in 14 locations in Eurasia and Asia ...
Showing a steady increase in the demand for design services, the Architecture Billings Index (ABI) continues to accelerate, as it reached its second highest level of the year. As a leading economic indicator of construction activity, the ...
According to a report released Tuesday by the Associated General Contractors of America, US construction employment rose by 20,000 in September and the industry's unemployment rate fell to a six-year low of 8.5 percent, while construction ...
Tags: Construction, Decoration
Investment in Fixed Assets for January to September 2013 National Bureau of Statistics of China 2013-10-21 08:16:16 From January to September 2013, the investment in fixed assets (excluding rural households) reached 30,920.8 billion yuan, ...
Tags: economy
The Western Asian Arab country of Kuwait’s state owned petrochemical firm, Petrochemical Industries Company (PIC) is expecting an annual 46 percent increase in its production capacity after the initiation of new strategic projects for ...