Mongolia-based Chinese miner Mongolian Mining Corporation (MMC) has announced its financial results for the first half of 2013. In the first half, MMC registered a net loss of $25.2 million, compared to a net profit of $31 million in the ...
Tags: Mongolian Mining, Mineral
Trial production has been successfully carried out at the new rolling unit No. 1 of Sichuan Province-based Chinese steelmaker Tiancheng Stainless Steel Co., as announced by China Metallurgical Group Corporation (MCC). MCC subsidiary MCC ...
Tags: Stainless Steel, Mineral
German automaker Daimler is planning to invest about EUR2bn in China, as part of its efforts to double capacity at its Chinese joint venture, Beijing Benz Automotive, to 200,000 units per year over the next two years. The latest ...
Japanese automaker Honda Motor's Chinese venture Dongfeng Honda Automobile is planning to recall 408,069 vehicles in China over the defective piston rods. The recall affects the company CR-V sport utility vehicles (SUV) manufactured for ...
Tags: Honda Motor, Recall
Global automotive supplier Magna International's subsidiary Magna Powertrain has established a new engine manufacturing facility at the Tianjin Airport Economic Area in China. The new facility, which has a footprint of about 13,500sqm, ...
Tags: Magna, automotive supplier
GU, a UNIQLO sister brand offering fun and fashionable apparel at great value prices, announces the opening of its first overseas store. The GU UNIQLO Shanghai Store will be located inside the world's largest UNIQLO global flagship store ...
Continental has unveiled a new e-bike drive system, developed in partnership with Benchmark Drives, that drive specialty division ContiTech Power Transmission Group says is smaller, more powerful and lighter than other systems currently ...
Tags: Transportation, bike, E-Bike
China optical glass manufacturing industry, 2013 is valuable for anyone who wants to invest in the optical glass manufacturing industry, to get Chinese investments; to import into China or export from China, to build factories and take ...
Tags: Optical Glass
Recently, Baotou Beiben Trucks Group exports 3 heavy trucks worthy of 115,000 USD to middle Africa—Uganda after the inspection conducted by Baotou Entry-Exit Inspection and Quarantine Bureau. Despite of bad operation revenue, ...
Tags: Trucks, Transportation
Plasma process equipment maker Plasma-Therm LLC of St Petersburg, FL, USA has appointed Scientech as its distributor for the Greater China region (including China, Hong Kong and Taiwan), effective 1 July 2013. "Plasma-Therm's 15 years of ...
Tags: Electrical, Electronics
In 2010 and 2011, BRÜCKNER sold four HT (high temperature) stenters for filtration material in the Chinese market (one of them ordered from Germany). With this result, half of the market leaders in China in the high temperature ...
The smart glass market — technology used in buildings and vehicles to control heat, light and glare — is about to explode from $88 million in annual value this year to $899 million by 2022, according to an updated report by ...
Tags: Smart Glass, Conventional glass
Chinese state-owned PetroChina expects shale gas to ultimately account for about 20% of its total gas production and is now progressing plans to accelerate its domestic resources. Speaking at a press conference to discuss its interim ...
Tags: PetroChina, Gas Output
Despite a new oil product pricing mechanism introduced by the central government in March, China's state refiners continued to suffer in the downstream in the second quarter because of poor domestic demand, their interim results showed. ...
Tags: oil product, gasoil demand
Dai Zhihao, general manager of major Chinese steelmaker Baosteel, has stated that in the second half of the current year Baosteel's steel product output is expected to decrease due to overhaul work on its blast furnace No. 3 and on its hot ...
Tags: Steel Product Output, Mineral