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

CNA Financial Selected Michael Kirchgessner as The Vice President of Umbrella

Dec 4, 2012

CNA Financial has selected Michael Kirchgessner as the vice president of Umbrella for commercial underwriting, in a bid to expand its underwriting capabilities. CNA Commercial chief underwriting officer John Beckman said the company is ...

Tags: CNA Financial, Michael Kirchgessner, vice president, finance

Bright Food Completes The Acquisition of 60%Stake in Cereal Company Weetabix

Dec 4, 2012

Chinese state-owned Bright Food has completed the acquisition of 60%stake in British breakfast cereal company Weetabix from its private equity owner Lion Capital,in a £720m deal. The remaining is held by Lion Capital and the ...

Tags: stake, international markets, Bright Food

Dürr Is Planning to Build New Paint Shop for Shanghai General Motors

Dec 4, 2012

Dürr has received sixth contract from SGM (Shanghai General Motors)-Norsom, a Chinese joint venture between SAIC and General Motors, to build paint shop in Shenyang, China General Motors relies on its new 'non compressed 3 wet paint ...

Tags: Shanghai General Motors, Dürr, 3 wet paint process, vehicles

Change Is on 3rd December as Compared to 30th November 2012

Dec 4, 2012

CR 1mm Location In CNY In USD Shanghai 0 0 Hangzhou 0 0 Nanjing 30 5 Wuxi 0 0 Jinan -20 -3 Hefei ...

Tags: CR steel, domestic CR steel, price

FAW Is Planning to Build New Truck Assembly Plant at Coega Idz in South Africa

Dec 4, 2012

Chinese vehicle manufacturer First Automobile Works (FAW) is planning to build a new ZAR200m ($23.7m) vehicle and truck assembly plant in Coega Industrial Development Zone (IDZ) in South Africa. FAW has selected WBHO Construction as its ...

Tags: FAW, assembly plant, South Africa

Philippines's Temporary Ban on The Importation of Poultry From Taiwan Is Released

Dec 4, 2012

Philippines has lifted the temporary ban on the importation of poultry and other poultry from Taiwan after global animal health authorities confirmed that the country is free of the bird flu virus. The ban has been lifted on the ...

Tags: Philippines, temporary ban, lifted, bird flu virus, Taiwan

Ford Is Planning to Launch Its Luxury Car Brand Lincoln in China in 2014

Dec 4, 2012

US carmaker Ford is planning to launch its luxury car brand Lincoln in China in 2014 in an efforts to further expand its market. Lincoln brand cars will be sold in the China in the second half of 2014 through an independent dealer ...

Tags: Ford, luxury, China

Change Is on 3rd December as Compared to 30th November 2012

Dec 4, 2012

HRC 5.75mm Common Location In CNY In USD Shanghai 0 0 Hangzhou 0 0 Nanjing 0 0 Wuxi 40 6 Jinan 0 0 ...

Tags: domestic, HRC steel, prices, domestic HR steel

Asia Packaging Will Purchase Shares to Acquire Yuanxing Package

Dec 4, 2012

Asia Packaging Group has announced the execution of a share purchase agreement to acquire Yuanxing Package's operating business in China for $48m through the acquisition of all of the issued and outstanding share capital of Jiayuan ...

Tags: Asia Packaging Group, purchase, food, pharmaceutical industries

The Export Prices Will Has a Increase by Taiwanese Galvanized Steel Mills Next January

Dec 4, 2012

It's reported that the Taiwanese galvanized steel mills planned to hike the export prices by US$10~US$20/ton for next January in order to reflect higher input costs. It's known that China Steel Corp. (CSC) and Chung Hung Steel, the two ...

Tags: Galvanized Steel, Steel export prices, Taiwanese steel mills

The Taiwanese Single Re-Rolling Mills Are Going to Release The December Price Policy

Dec 4, 2012

The Taiwanese single re-rolling mills are going to release the December price policy this week after Chin Steel Corp. (CSC) launched its prices last week. Industry sources predicted that the single re-rolling mills might raise the ...

Tags: price policy, single re-rolling mills, surged scrap prices

Change Is on 3rd December as Compared to 30th November 2012

Dec 4, 2012

HR Strip 235*2.75 Location In CNY In USD Shanghai -50 -8 Hangzhou -50 -8 Wuxi -50 -8 Guangzhou -50 -8 Tianjin -60 ...

Tags: domestic narrow HR strip, HR strip, steel, price

Taiwan's Formosa Heavy Industries Is Having a New Progress on Its Steelwork

Dec 4, 2012

Taiwan's Formosa Heavy Industries is having a new progress on its steelwork in Vung Ang, Vietnam. The firm has placed an order to the Austrian plant maker Siemens for the four continuous casting machines for its new plant in Vung Ang, ...

Tags: steelwork, Heavy Industry, casting machines

Change Is on 3rd December as Compared to 30th November 2012

Dec 4, 2012

Pig Iron Z18-22 Foundry Location In CNY In USD Shanghai 0 0 Jiangsu 0 0 Shandong 0 0 Shanxi 0 0 Guangdong 0 ...

Tags: iron, pig iron, domestic pig iron, china

CSC's Promotion of Low-Priced Wire Rod Will Be Continued Until Next February

Dec 4, 2012

China Steel Corp. (CSC), the largest steelmaker in Taiwan has decided to continue its promotion of low-priced wire rod until next February in order to help Taiwanese fasteners makers to receive more orders from oversea market. The ...

Tags: Wire Rods, Low-Priced Wire Rods, promotion of low-priced wire rod