Industry & Market
Industry & Market
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PICC Group Announced on May 15 That Its Property, Health and Life Insurance
May 17, 2013People's Insurance Company (Group) of China (PICC Group) announced on May 15 that its property, health and life insurance arms recorded original insurance premium of CNY 74.262 billion, CNY 3.753 billion and CNY 23.358 billion in the first ...
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Co.with Stockholm University Established a Research Center
May 17, 2013Lanzhou Foci Pharmaceutical Co., Ltd. (SZSE: 002644), together with Stockholm University, a well-known university in Sweden, established a research center on natural herbal medicines and healthcare products yesterday. The center will be ...
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Sinopec Engineering Has Recorded Over-Subscriptions of More Than 28 Times
May 17, 2013Sinopec Engineering (SEHK: 2386) has recorded over-subscriptions of more than 28 times and frozen capital of about CNY 25.7 billion by the afternoon of May 15, the third largest stock by frozen capital following Time Watch Investments with ...
Tags: Sinopec, Metallurgy, Mineral, Energy
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Olympus Corporation Will Suspend Production of Digital Cameras in Its Guangdong Plants
May 17, 2013Olympus Corporation will suspend production of digital cameras in its Guangdong plants, reducing three major production bases in China and Vietnam into two situated in Shenzhen and Vietnam respectively. Olympus will focus its resources on ...
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Taiji Group Is Accelerating Consolidating Its Three Listed Units
May 17, 2013Chinese pharmaceutical maker Taiji Group is accelerating consolidating its three listed units. The three units are Chongqing Taiji Industry (Group) Co., Ltd.(SHSE: 666129), Southwest Pharmaceutical Co., Ltd. (SHSE: 600666) and ...
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Companies Around The World Have Faced a Number of Difficulties in Their Operations
May 17, 2013In recent years, companies around the world have faced a number of difficulties in their operations, such as the rising price of petroleum, the shortage of energy, the Eurozone debt crisis, increasing labour costs, environmental pollution, ...
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ACBPS Announced Its Preliminary Decision Coated Steel and Galvanized Steel Imports
May 17, 2013The Australian Customs and Border Protection Service (ACBPS) has announced its preliminary decision regarding the countervailing duty (CVD) investigation on aluminum-zinc coated steel and galvanized steel imports from China. The ACBPS has ...
Tags: Galvanized Steel, Metallurgy, Mineral, Energy
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The Precision Steel Pipe Mill Was Commissioned on May 13
May 17, 2013The precision steel pipe mill of Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. (Baosteel), built by China MCC20 Group Co., a subsidiary of Beijing-based state-owned China Metallurgical Group Co. (MCC), was commissioned on May ...
Tags: Steel Pipe Mill, steel, Metallurgy, Mineral, Energy, Baosteel
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Chengde Iron and Steel Co. Announced That Its Rebar Plant Produced 50,293 Mt of Rebar
May 17, 2013Hebei Province-based Chinese steelmaker Chengde Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has announced that in April of the current year its rebar plant produced 50,293 mt of rebar, including precision rolled rebar, ...
Tags: steel, Metallurgy, Mineral, Energy
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Major Chinese Purified Terephthalic Acid Makers Offered Down Their Paraxylene Feedstock
May 17, 2013Major Chinese purified terephthalic acid makers offered down their paraxylene feedstock Monday as the May PX Asia contract price failed to settle at the end of April. The PX ACP, negotiated monthly between four PX producers and five PTA ...
Tags: PTA, PX Feedstock, ACP
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Baosteel DR Material Is Applied to Necking Beverage Cans for The First Time in China
May 17, 2013When you pick up a can of Want Want milk from the supermarket shelf, you will feel that some cans get lighter. This is not because that there's less milk in the can but because of the DR material independently developed by Baosteel. ...
Tags: Baosteel, DR Material, Necking Beverage Can
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AchemAsia Has Opened in Beijing on Monday Morning
May 17, 2013With 418 exhibitors, AchemAsia has opened in Beijing on Monday morning. Until Thursday, companies from 23 countries present on 6,500 m? the latest for the chemical and pharmaceutical industry as well as related sectors. The exhibition ...
Tags: Process Industry, Process
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China's Competitive Nature Still Dependent on High-Tech Imports
May 17, 2013LASER 2013: China's competitive nature 16 May 2013 Still dependent on high-tech imports, China is learning on customer experience, but home-grown laser sales and exports are on the up. By Matthew Peach in Munich Asia calling: Laser ...
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Suntech Has Announced That It Has Agreed on a New Forbearance Agreement
May 17, 2013China-based solar firm Suntech Power Holdings has announced that it has agreed on a new forbearance agreement with the majority of the holders of the firm's 3% convertible notes, for which a principal payment of US$541 million was due on ...
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New Policy - Highway free of charge in China during the Qingming Festival
May 16, 2013Since the implementation of the small passenger car toll exemption during major holidays on April 1, 2013, the Qing Ming Festival will be the third holiday after the National Holidays and Spring Festival during which highway toll is free in ...
Tags: Policy, Qingming Festival
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