Asia
Asia
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Saudi Basic Plans Seriously to Expand Its Investments in China
Nov 30, 2012Saudi Basic Industries Corporation plans seriously to expand its investments in China through the implementation of new expansion at the JV project, (SABIC Sinopec), in Tianjin owned equally between the two sides. Mr Mohamed Al Mady vice ...
Tags: SABIC, Sinopec, petrochemical
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MIIT Introspected The Problem of Overcapacity and to Publish Guidance for Key Industries
Nov 30, 2012Mr Zhang Dechen an official at the Ministry of Industry and Information said on November 24, 2012, China's steel industry is experiencing the most difficult time from the past ten years. In the first nine months 2012, large-scale steel ...
Tags: Ministry of Industry and Information, steel industry, steel mill, steel
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India Would Take Its New and Renewable Capacities to 54000 MW by 2017
Nov 30, 2012Business Line cited Mr Gireesh B Pardhan secretary of the Ministry of New and Renewable Energy as saying that India would take its new and renewable capacities to 54000 MW by 2017, the terminal year of the 12th Five Year Plan. Currently, ...
Tags: new energy, renewable energy, solar energy
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Sales of Toyota Have Already Recovered to Levels Seen Before The Anti-Japan Wave
Nov 30, 2012Retail sales of Toyota's joint venture in South China with Guangzhou Auto have already recovered to levels seen before the anti-Japan wave ,Feng Xingya, said a top executive with the company. Sales of Japanese car makers' Chinese joint ...
Tags: Toyota, Guangzhou Auto, Nissan, FAW Mazda
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Profits of Chinese Industrial Companies Grew for a Second Month in October
Nov 30, 2012Shanghai Daily reported that profits of Chinese industrial companies grew for a second month in October, indicating strengthening economic stabilization in the world's largest manufacturing base. National Bureau of Statistics said that ...
Tags: national statistics bureau, Chinese industrial companies
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Iranian Energy Ministry Has Allowed Four Power Generation Companies of The Private Sector
Nov 30, 2012Tehran Times reported that the Iranian Energy Ministry has allowed four power generation companies of the private sector to export 25% of their generated electricity. Mr Mohammad Behzad deputy energy minister of Iran said that a ...
Tags: Iranian Energy Ministry, power generation, electricity export
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Taiwanese Screw Producers Exports Small Screws Have Increased by 10% ~20% From a Month Ago
Nov 30, 2012Taiwanese screw producers including Chun Yu Group and Tycoons said that their exports of small screws in this month have increased by 10% ~20% from a month ago, driven by the good sign of economy in the US. The two Taiwanese mills ...
Tags: small screws, fasteners, Screw
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OPEC Comes at a Time When The Oil Refining Industry Is Passing Through Many Changes
Nov 30, 2012Gulf News reported that the recently issued World Oil Outlook report by OPEC comes at a time when the oil refining industry is passing through many changes around the world. While the refinery distillation capacity is stagnant in the US, ...
Tags: OPEC, oil refining industry, refinery
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Roads and Transport Authority Awarded a Contract for The Construction of Internal Roads
Nov 30, 2012Construction Week reported that Roads and Transport Authority has awarded a contract for the construction of internal roads at Al Quoz 3 and a part of Al Quoz 4 at cost of USD 5.92 million. RTA said that the project is part of the 5 year ...
Tags: RTA, road construction, HH Sheikh Mohammed bin Rashid Al Maktoum
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China Saw Its Clean Energy Output Increase 26% YoY to 810.2 Terawatt Hours
Nov 30, 2012China Knowledge reported that China saw its clean energy output increase 26% YoY to 810.2 terawatt hours in the first ten months of this year. According to statistic released by the State Electricity Regulatory Commission, the figure ...
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Linde Group Has Received an Order for a MID-Scale LNG Plant From Malaysia LNG Sdn. Bhd.
Nov 30, 2012The technology company The Linde Group has received an order for a mid-scale liquefied natural gas (LNG) plant from Malaysia LNG Sdn. Bhd., a production subsidiary of Malaysia's national oil and gas company PETRONAS. The new boil-off gas ...
Tags: The Linde Group, gas facility, Linde AG
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Fitch Ratings Downgraded Default Ratings and Senior Unsecured Rating to 'BBB' From 'BBB+'
Nov 30, 2012Fitch Ratings has downgraded Japan based Nippon Steel & Sumitomo Metal Corporation's Long Term Foreign and Local Currency Issuer Default Ratings and senior unsecured rating to 'BBB' from 'BBB+'. A Negative Outlook has been assigned. The ...
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London Copper Edged Down After Rising for Two Weeks in a Row
Nov 30, 2012Reuters reported that London copper edged down after rising for two weeks in a row although signs of economic recovery in top consumer China and hopes for Greece to avert an imminent bankruptcy kept a floor under prices. Copper prices ...
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Azerbaijan Plans to Double Aluminium Production to up to 107,000 Tonnes in 2014
Nov 30, 2012Reuters reported that Azerbaijan plans to double aluminium production to up to 107,000 tonnes in 2014 after a state owned plant capacity expansion banking on growth in China. An official said that plant development will allow it to ...
Tags: aluminium output, aluminium, mineral, Azerbaijan
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Teijin Announced That It Has Been Named to The Dow Jones Sustainability World Index
Nov 30, 2012Teijin Limited announced that it has been named to the Dow Jones Sustainability World Index, a global benchmark for socially responsible investing, for the fourth consecutive year effective September 24. Teijin appreciates the continued ...
Tags: Sustainability, environment, carbon fibers, polyester fibers
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