For years Beijing stressed that the country’s farmers must grow enough grain to feed the masses. Measures enacted in 1996 called on China to produce 95% of its own grain. That policy reflected concerns rooted deep in centuries of food ...
Tags: Self-Sufficiency Policy, farmers
News that Sydney has overtaken Melbourne as Australia’s largest manufacturing centre speaks to the success of its many niche manufacturers, says Anthony Reed, Exhibition Director of National Manufacturing Week 2014 (NMW), in Sydney on ...
Tags: High-Tech, manufacturing sector
The International Air Transport Association (IATA) released January performance data showing a strong rise in air freight growth compared to a year ago. Global freight tonne kilometres (FTK) rose 4.5% in January compared to January 2013. ...
Tags: Air Freight, Service, Logistics
Spot LPG prices in South and East China were under pressure this week, amid expectations of import costs for March-arrival cargoes falling with Saudi Aramco setting Contract Prices lower, local traders said Friday. Imported LPG with a ...
Tags: Spot Prices, Import Costs, Chemicals
High ethylene prices in Asia have been keeping margins of most ethylene derivatives in the red, forcing some MEG and polyethylene makers to consider trimming operation rates or closing entire production lines, sources said this week. In ...
The Northwest European orthoxylene contract price for March has been confirmed as fully settled at Eur940/mt ($1,291/mt) FD NWE, sources said Wednesday. The settlement represents a Eur25/mt decrease from February, following a Eur40/mt ...
Tags: Orthoxylene, contract price, Chemicals
On March 6, Chinese steel giant Baosteel Group stated that its Xinjiang-based subsidiary Bayi Iron and Steel Co. (Bayi Steel) actively focused on the Central Asian market amid sluggish domestic market conditions last year. In 2013, Bayi ...
Tags: Bayi Steel, Substantial Growth
San Remo's new Slimmers' Angel Hair pasta Pasta manufacturer San Remo has launched a new Slimmers’ Selection gluten-free pasta range, designed to appeal to health-conscious consumers. San Remo said the Slimmers’ Selection ...
Tags: San Remo, Slimmers'Selection Pasta
The exports of garments and textiles from the Southeast Asian nation of Vietnam surged 44.9 percent year-on-year in February 2014 to reach US$ 1.3 billion, the Ministry of Industry and Trade has reported. In the first two months of the ...
Tags: Garment, Textile Exports, Apparel
Adidas AG delivers exceptional fourth quarter results. “We finished 2013 with an exceptionally strong fourth quarter. Currency-neutral sales grew 12%, which was above our expectations,” commented Herbert Hainer, adidas Group ...
In January this year, China exported 248,114 mt of stainless flat steel, up 19 percent compared to 208,340 mt in December and up 70 percent year on year. The growth is mainly attributed to the strong demand from Asian markets as well as low ...
Tags: Stainless Steel, Mineral
Japanese automaker Nissan Motor is set to invest more than EUR2bn to boost its production in Europe in 2014. The electric carmaker also plans to launch 14 new models in the continent this year. Nissan will boost production in Spain ...
Tags: Nissan, Auto Parts
Researchers have discovered how Native Americans may have survived the last Ice Age after splitting from their Asian relatives 25,000 years ago. Academics at Royal Holloway, University of London, and the Universities of Colorado and Utah ...
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums
Having worked with more than 100 component companies, many developing new innovations in semiconductors and related electronics, I’veVolumetric Efficiency experienced many unique situations that have created opportunities and ...
Tags: Product Launch, Electronics