Industry & Market
Industry & Market
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SGMW Has Started Construction of Its New Manufacturing Plant in Chongqing
Jun 20, 2013SAIC-GM-Wuling (SGMW), a joint venture (JV) between General Motors (GM), SAIC Motor and Liuzhou Wuling Motors, has started construction of its new manufacturing plant in Chongqing, China, with an investment of RMB6.6bn ($1.1bn). With a ...
Tags: General Motors, SAIC Motor
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BP, Zhuhai Port Receive Final Approval From The Chinese Government for The Pta Plant
Jun 20, 2013British multinational oil and gas company BP and its partner Zhuhai Port have received final approval from the Chinese Government for the construction of a third purified terephthalic acid (PTA) plant, at Zhuhai, Guangdong. PTA is a key ...
Tags: Metallurgy, Mineral, Energy, oil, gas
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Mengniu Dairy Has Agreed to Acquire 75.3% Stake in Infant Formula Manufacturer Yashili
Jun 20, 2013China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
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Taigang Stainless Reduce Its Export Prices for Austenitic Stainless Steel Coils
Jun 19, 2013Taigang Stainless, the largest stainless steel producer in China announced to cut its export prices for austenitic stainless steel coils by US$50/ton in order to reflect weak nickel prices. After the adjustment, its export prices for ...
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CSC Cuts Its Prices for Ef Al-Killed Wire Rods by NT$1,400/Ton for June to NT$20,800/Ton
Jun 19, 2013China Steel Corp. (CSC) announced to cut its prices for electric furnace (EF) Al-killed wire rods by NT$1,400/ton for June to NT$20,800/ton. Meanwhile, the transaction price is at NT$19,800/ton~NT$20,300/ton, touching the history low. Even ...
Tags: Construction, Wire Rod, taiwan
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Bristol-Myers Squibb,Simcere Have Extended Their Collaboration to Develop Orencia in China
Jun 19, 2013Bristol-Myers Squibb and Simcere Pharmaceutical Group have extended their collaboration to develop and commercialize the subcutaneous (SC) formulation of Bristol-Myers Squibb's biologic medicine, Orencia (abatacept), in China. Orencia was ...
Tags: Bristol-Myers Squibb, Medicine
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China Once Again Leads The A.T. Kearney Retail Apparel Index
Jun 19, 2013China once again leads the A.T. Kearney Retail Apparel Index. The Apparel Index also includes a number of countries from Latin America and the Middle East showing that these regions continue to offer compelling opportunities. The Retail ...
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All Products Will Be Delivered to The Owner by The End of This Year.
Jun 19, 2013In June, the 73,000 tons of high-quality steel parts which Baosteel Engineering & Technology Group provides Hongqiao National Convention Center with enter production peak moment. According to the schedule, all products will be delivered to ...
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NCC Revealed That More Than Ten Industrial Players Have Applied for 4G Licenses
Jun 19, 2013The National Communications Commission (NCC) revealed that more than ten industrial players have applied for 4G licenses. Application deadline will end on July 1, 2013. Notably, both Hon Hai Precision Industry Co., Ltd. and Chunghwa ...
Tags: 4G, Electrical, Electronics, taiwan
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A Majority Shareholder Is Pressuring Smithfield Foods to Explore a Breakup
Jun 19, 2013A majority shareholder is pressuring Smithfield Foods, Inc. (NYSE:SFD) to explore a breakup rather than go ahead with a planned USD 4.7 billion takeover by Chinese meat company. Activist investor Starboard Value LP said in a letter to the ...
Tags: Agriculture, Food, meat company
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Mindray Will Meet Difficulties in Introducing Products of ZONARE Medical Systems, Inc.
Jun 19, 2013Chinese medical equipment maker Mindray Medical International (NYSE: MR) will meet difficulties in introducing products of ZONARE Medical Systems, Inc. into the Chinese market directly. The New York-listed firm put US-based ultrasound ...
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The Asia Pacific Headquarters Will Be Settled in Hengqin New District
Jun 19, 2013The Asia Pacific headquarters of Italian Ferretti Group will be settled in Hengqin New District, Zhuhai City, with a total investment of more than CNY 3 billion, to be built into a large waterfront commercial complex integrating office and ...
Tags: Service
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Minmetals Corporation Is Considering Bidding for Rio Tinto Canada Iron Ore Business
Jun 19, 2013China Minmetals Corporation president assistant Wang Jionghui states that the company is considering bidding for Rio Tinto Canada iron ore business. Rio Tinto plans to sell 59 percent equities in its Canada iron ore business; analysts ...
Tags: Metallurgy, Mineral, Energy
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Jin Tong Ling Fluid Announcestwo New Products Have Passed Technical Evaluation
Jun 19, 2013JiangSu Jin Tong Ling Fluid Machinery Technology Co., Ltd. announces that two new products have passed technical evaluation. The JE6000-5-8.0 high-efficient assembled centrifugal air compressor adopts many innovation and optimization ...
Tags: Industrial Equipment, Components, centrifugal air compressor
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Dalian Wanda Group Corporation Ltd. Is Set to Hold a Foundation Stone Laying Ceremony
Jun 19, 2013Dalian Wanda Group Corporation Ltd. is set to hold a foundation stone laying ceremony for its tourism resort project in Nanchang today. The project, expected to come into use in 2015, will cover an area of nearly 300 hectares. With a ...
Tags: Service, Wanda Group
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