China Industry & Market News by Made-in-China.com

Foxconn Technology Group Is Being Investigated by Authorities Over Allegations

Jan 9, 2013

Foxconn Technology Group is being investigated by authorities over allegations that some of its employees accepted bribes from suppliers. The Taiwan-based manufacturing giant,which builds Apple's iPhone,has asked law enforcement officials ...

Tags: Foxconn, employee bribery allegations, Taiwan-based manufacturing giant

Sinopec Raised Its Ex-Works Price for Polypropylene in East China by Yuan 100

Jan 9, 2013

China Petroleum and Chemical Corp, or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 100 ($15.90), or 0.9%, to Yuan 11,100/mt Monday, industry sources said. On an import parity basis, the new price is ...

Tags: China, Sinopec, price, polypropylene

The Stocks of Stainless Steel Products in The Chinese Wuxi Market Fall by 1.86%

Jan 9, 2013

According to statistics, the stocks of stainless steel products totaled 188,489 tons in the Chinese Wuxi market in the last 10 days of December, falling by 1.86% from the previous 10 days. Among them, 104,552 tons were cold rolled stainless ...

Tags: stocks, stainless steel products, Chinese Wuxi market, December

CSC Is Going to Release Its Prices for Steel Wires and Bars for March

Jan 9, 2013

China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its prices for steel wires and bars for March. It’s expected that CSC might hike its prices for steel wires and bars since the downstream screw ...

Tags: China Steel Corp, CSC, steelmaker, Taiwan

SPINEXPO Shanghai and New York Are Pleased to Announce The Dates of Their Upcoming Shows

Jan 9, 2013

Well Link Consultants,organizers of SPINEXPO Shanghai and SPINEXPO New York,are pleased to announce the dates of their upcoming shows in 2013.A very focused and unique exhibition,SPINEXPO features the most comprehensive and creative ...

Tags: Spinexpo, Shanghai and New York, yarns and fibers, knitwear machinery

Meishan Mining Produced 3.9898 Million Mt of Raw Iron Ore

Jan 9, 2013

On January 8, Nanjing-based Meishan Mining Company, a subsidiary of Chinese steel giant Baosteel, announced that in 2012 it produced 3.9898 million mt of raw iron ore and 2.3428 million mt of iron ore concentrate, with the latter indicating ...

Tags: Meishan Mining Company, steel giant, Baosteel, 2012, raw iron ore

China Merged Under The Photop Brand Identity

Jan 9, 2013

Aegis Lightwave Inc of Woburn, MA, USA and Photop Technologies Inc of Fuzhou, China (both subsidiaries of II-VI Inc of Saxonburg, PA, USA) have merged under the Photop brand identity. Founded in 2003 through a merger of four firms ...

Tags: Aegis Lightwave, Photop Technologies, Photop brand identity

The Huawei Ascend Mate Sports a 6.1-in. Screen

Jan 9, 2013

The Huawei Ascend Mate sports a 6.1-in. screen. IDG News Service - It might not be a household name in the U.S., but China's Huawei sought to make a statement at CES in Las Vegas on Monday. The company, which is one of the world's biggest ...

Tags: Huawei Ascend Mate, CES in Las Vegas, network equipment, cellphone

A Group of 140 PhD Scientists Is Getting Close to Creating a New Generation

Jan 9, 2013

A group of 140 PhD scientists, working full-time on thorium power at the Shanghai Institute of Nuclear and Applied Physics, is getting close to creating a new generation of thorium reactors that produce much less toxic waste and don’t ...

Tags: thorium reactors, PhD scientists, China, Clean Nuclear Power Generation

Laigang Posted a Net Loss of RMB 110 Million, Increasing by RMB 35 Million

Jan 9, 2013

Shandong Province-based Chinese steelmaker Laiwu Iron and Steel Group Co., Ltd. (Laigang Group) has announced that in November 2012 it produced 797,000 mt of crude steel, down 2.8 percent month on month. In the given month, ...

Tags: Laigang Group, steelmaker, crude steel, steel

Chongqing Steel Totaled 4,705,600 Mt, Down 11.8 Percent Year on Year.

Jan 9, 2013

On January 7, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., issued its finished steel output for December 2012 and for the whole year of 2012. In ...

Tags: Steel, Finished Steel, Output, SteelOutput, steelmaker

CHINA's Currency to Rise with Its Internationalisation Developing at a Rapid Pace

Jan 9, 2013

CHINA'S currency will continue to rise this year with its internationalisation developing at a rapid pace, HSBC's currency analysts say in a report released yesterday. In its latest worldwide currency outlook, HSBC says it expects to see ...

Tags: Yuan, currency, currency research, exchange rate

Sunwin Stevia Will Produce A3-99 Extracts

Jan 9, 2013

US-based Sunwin Stevia International has added A3-99 extracts to its commercial production capabilities as part of its stevioside expansion project. A3-99 extracts are one of the highest quality stevioside extracts in the world and are ...

Tags: Stevia, Extracts, stevioside, food

FPC Ningbo Collaborates with Milliken to Develop a New Grade of PP 5200XT

Jan 9, 2013

China-based Formosa Polypropylene (FPC) Ningbo has collaborated with Milliken to develop a new grade of polypropylene (PP) 5200XT using Milliken's Millad NX 8000K clarifier. Produced at FPC Ningbo's facility in China, the 5200XT grade ...

Tags: Packaging Resin, Polypropylene, FPC, plastics processors

Chung Hung Steel's Sales Revenues in December Rise by 28.2% From a Month Ago

Jan 9, 2013

Chung Hung Steel, one of the major carbon flat re-rolling mills and the subsidiary of Taiwan's China Steel Corp. (CSC), has announced that its sales revenues in December totaled NT$4.005 billion, rising by 28.2% from a month ago. In ...

Tags: Chung Hung Steel, carbon flat rerolling mills, steel market, steel