Industry & Market
Industry & Market
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Tung Ho's Rebar Shipping Volumes in This September May Rise by 10%
Sep 10, 2013Due to falling steel prices and the weak demand in the Taiwanese domestic market, Taiwanese Tung Ho Steel's second-quarter sales were not as good as the figures in the same period of the previous year. Since the steel rebar prices have ...
Tags: taiwan, Steel, Construction
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Nation's Chemical Industry Still Faces Challenges Involving Work Safety
Sep 10, 2013The nation's chemical industry still faces challenges involving work safety after more than 20 years of development, but the government will continue to make great efforts to improve the situation, said a senior official on Wednesday. In ...
Tags: Chemical Plants, Chemicals
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CNPC Has Signed a Framework Agreement with Russian Energy Giant
Sep 10, 2013The China National Petroleum Corporation (CNPC) said on Friday that it has signed a framework agreement with Russian energy giant Gazprom to import natural gas. The agreement is a breakthrough after years of negotiation on bilateral gas ...
Tags: Gas
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China XD Electric Announced on Friday a Strategic Alliance
Sep 10, 2013China XD Electric Co., Ltd. announced on Friday a strategic alliance with the General Electric Company to tap China's vast electrical infrastructure market. The Shanghai-listed company in May of this year transferred a 15 percent stake ...
Tags: Electrical, Electronics, electrical infrastructure market
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China's Shuanghui Announced That The CFIUS Has Approved Its Proposal
Sep 10, 2013China's Shuanghui International has announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its proposal to acquire Smithfield Foods. Smithfield and Shuanghui International also received governmental ...
Tags: Smithfield Foods, Food
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Elec-Tech International Has Been Seeking Strategic Alliances with Taiwan-Based Makers
Sep 9, 2013China-based LED epitaxial wafer and chip maker Elec-Tech International has been seeking strategic alliances with Taiwan-based fellow makers, with Genesis Photonics being the most likely target, according to industry sources in Taiwan. ...
Tags: LED chip, LED lighting
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Companies in China Are Vaunting Tie-ups with French Dairies to Shore up Their Image
Sep 9, 2013Companies in China, whose tainted milk powder scandal in 2008 left six dead and more than 300,000 sick, are vaunting tie-ups with French dairies to shore up their image but some fear this could backfire for Paris. Chinese firm Biostime ...
Tags: Dairy Firms, milk powder
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China Demands More IT Services Driven Due to The Growth of Chinese Automakers
Sep 9, 2013China demands more IT services driven due to the growth of Chinese automakers and financial institutions, says Tech Mahindra. Local enterprises in China are upgrading productivity through the use of technology and international retail ...
Tags: IT Services
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Traders Expect Limited Market Impact Ended Its Licensing System for Imported Copper Scrap
Sep 9, 2013Traders expect limited market impact from the Chinese government ending its licensing system for imported copper scrap, although the move might result in shorter customs clearance times, industry sources said Thursday. China's Ministry of ...
Tags: limited market impact
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China Is Planning to Further Crack Down on Illegal Rare Earth Mining and Smelting
Sep 9, 2013China is planning to further crack down on illegal rare earth mining and smelting companies by establishing a blacklist, State media reported on Wednesday. Citing anonymous sources from the Ministry of Industry and Information Technology, ...
Tags: Rare Earth Industry
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Chongqing Iron & Steel Plans to Maintain Its Crude Steel Output in 2013 at 6 Million Mt
Sep 9, 2013China's state-owned enterprise Chongqing Iron & Steel plans to maintain its crude steel output in 2013 at 6 million mt amid uncertainties in the market, a company source told Platts Wednesday. The steelmaker has three blast furnaces, each ...
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The International LIMA Will Sponsor Brand Licensing Hall in China
Sep 9, 2013The International Licensing Industry Merchandisers’ Association (LIMA) will sponsor Brand Licensing Hall, mainland China’s most influential and authoritative licensing event and the largest licensing exposition in Asia. ...
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Indofood Increased Its Stake in Singapore-Listed Vegetable Processor CMFC
Sep 9, 2013Indonesia's Indofood Sukses Makmur (Indofood) has increased its stake in Singapore-listed vegetable processor China Minzhong Food (CMFC) to more than 50%, through direct market purchases. Earlier this week, Indofood launched a mandatory ...
Tags: Indofood, Minzhong Food
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There Were 90.39 Million Handsets Sold in The China Market During Second-Quarter 2013
Sep 8, 2013There were 90.39 million handsets sold in the China market during second-quarter 2013, slipping 0.2% sequentially but growing 41.8% on year, and 77.11 million of the units sold were smartphones, increasing 2.4% sequentially and 56.8% on ...
Tags: Smartphone, China market
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Panel Makers Maintained High Utilization Rates for Large-Size TV Panels in August 2013
Sep 7, 2013Panel makers maintained high utilization rates for large-size TV panels in August 2013 while shipments only grew slightly. This has lead to high reserves and a decline in pricing for the panels as a result, which could last until the fourth ...
Tags: Panel Pricing, Shipment Growth
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