Industry & Market
Industry & Market
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China Is Unlikely to Reclaim Its Position as a Major Exporter of Molybdenum Oxide
Apr 1, 2014China is unlikely to reclaim its position as a major exporter of molybdenum oxide and ferromolybdenum despite the World Trade Organization ordering the country to remove export taxes and quota controls on the commodities, market sources ...
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Chinese Steelmaker Chongqing Iron and Steel Co. Has Issued Its Financial Results for 2013
Mar 31, 2014Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for 2013, posting an operating revenue of RMB 17.563 billion ($2.87 billion), down ...
Tags: Chongqing Steel, Iron, Steel
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CISA Announced That in MID-March This Year China's Average Daily Crude Steel Output Down
Mar 31, 2014On March 28, the China Iron and Steel Association (CISA) announced that in mid-March (Mar. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6917 million mt, up ...
Tags: Crude Steel, Iron, Steel
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Maanshan Iron & Steel Co. Issued Its Financial Results for 2013
Mar 31, 2014On March 27, Anhui Province-based Chinese steelmaker Maanshan Iron & Steel Co. (Masteel) issued its financial results for 2013, announcing an operating revenue of RMB 73.85 billion ($12.07 billion), while it achieved a net profit of RMB 157 ...
Tags: steelmaker, Iron, Steel
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Solargiga Energy Swung From a Net Loss of CNY136.4 Million in The First Half of 2013
Mar 31, 2014China-based PV maker Solargiga Energy swung from a net loss of CNY136.4 million (US$22 million) in the first half of 2013 to net profit of CNY927,000 in the second, resulting in a net loss of CNY135.5 million for 2013, according to the ...
Tags: PV maker, Solargiga, Solar-grade
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Italian Businesses Are Ready to Meet The Demands of Modernizing Russia's Textile Industry
Mar 31, 2014Italy’s textile machinery sector displays its latest technology to Russian textile manufacturers at a technology seminar to be held in Ivanovo on 9 April. Raffaella Carabelli (President of ACIMIT): “Italian businesses are ready ...
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China Violated WTO's Membership Obligations by Restricting Exports of Rare Earths
Mar 31, 2014A World Trade Organization panel ruled that China violated the organization's membership obligations by restricting exports of rare earths, tungsten and molybdenum, the WTO said Wednesday. The ruling is expected to increase the ...
Tags: Rare Earths, Export Restrictions, tungsten
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Gas Buyers in Asia Are Facing The Problems of High Prices
Mar 31, 2014Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
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Asian Contract Price for Paraxylene Are Seen to Come in at Around $1,050-1,100/Mt CFR
Mar 31, 2014Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
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Mauser Group to Increase Its Stake From 32.5% to 50% in IBC Joint Venture
Mar 30, 2014MAUSER Group has signed an agreement to increase its stake from 32.5% to 50% in intermediate bulk containers (IBC) joint venture (JV) Fanshun MAUSER Shanghai Packaging, located in China. The MAUSER Packaging's IBC production assets will ...
Tags: Packaging
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The World Trade Organization Has Ruled in Favour of The US
Mar 30, 2014The World Trade Organization has ruled in favour of the US, Europe and Japan in a dispute with China over its export restrictions on rare earth. China's rare earth industry – responsible for almost 90% of global output – ...
Tags: Rare Earth, rare earth export
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Sometimes Many Significant Businesses Orders Are Signed in The Boardroom
Mar 28, 2014Sometimes many significant businesses orders are signed in the boardroom, where the final decisions are made by the two business parts sitting here. Meeting room is also providing a completed part of some business, where amazing ideas and ...
Tags: boardroom furniture, meeting room furniture, conference room furniture
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Flavorseal Develops Seasoned Transfer Casings in The Spice Blend
Mar 28, 2014Inspired by growing consumer interest in deli meats with bolder flavors, Flavorseal developed seasoned transfer casings that work well with large particulates in the spice blend. After processing, these large particulates remain on the ...
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Hyundai Sets up $926m Plant in China
Mar 28, 2014South Korean automaker Hyundai Motor is set to establish its fourth plant in Chongqing, China, with an investment of $926.48m. This move is aimed at increasing the company's global market share in the automotive industry. The ...
Tags: automaker, Hyundai, automotive industry
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Qixia District Council Orders for 500,000 Biohybrid Kitchen Waste Bags
Mar 28, 2014Qixia District Council in China has placed an order with Australian packaging materials manufacturer Cardia Bioplastics for 500,000 Biohybrid kitchen waste bags. Manufactured using Cardia's proprietary Biohybrid technology, the bags ...
Tags: Biohybrid Bags, Qixia District Council, packaging materials
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