China's State Council (central government) has ordered its subordinate agencies and local governments to stop offering subsidies and tax incentives for China-based LED epitaxial wafer and chip makers because such offering has disrupted ...
Tags: LED industry, LED wafer
Bank of China (BOC) predicted in a report on Tuesday that China's GDP will expand by around 7.2 percent in 2015, lower than the target set for this year. It is one of few public predictions made by a major state firm indicating that the ...
Tags: Bank of China
Last year China leapfrogged past Germany to become the world’s largest market for solar equipment, according to industry figures. True, a September report showed the former is also set to push global carbon emissions to a record high ...
Tags: Solar Energy, PV
The main business revenue of China's petrochemical industry will hit 14.5 trillion yuan (2.36 trillion U.S. dollars) in 2014, according to data released by the China Petroleum and Chemical Industry Federation (CPCIF) on Wednesday. CPCIF ...
The "new normal" theory elaborated by Chinese President Xi Jinping would be one of the hallmarks to be engraved in history by the ongoing meetings of the Asia-Pacific Economic Cooperation (APEC) in Beijing. In his speech delivered to over ...
Tags: new normal theory, APEC
The Chinese government on Tuesday began to solicit public opinion on a catalogue of industries to guide foreign investment. The draft axes the number of sectors that limit foreign investment from 79 to 35 and cuts the number of items that ...
Tags: Chinese Investment, Foreign Funds
At the Bureau of International Recycling (BIR) Autumn Convention held on 27-28 October in Paris, concerns have emerged regarding a matter which only a few market players have considered with due attention so far, i.e., the volumes of steel ...
Tags: BIR, Convention, Energy
Supported by the commissioning of two lines, the VSF business at Grasim Industries, achieved record sales volume of 100,927 tons, up 8% from a year ago quarter in the second fiscal quarter ending September 2014. “Concerted market ...
Global solar photovoltaic (PV) installations added during the fourth quarter of 2014 are forecast to exceed 19.5GW, pushing global cumulative PV deployment toward the 200GW mark. The amount of solar PV deployed in the fourth quarter is ...
Tags: solar photovoltaic, PV industry
The decline in cotton price and slowing demand for apparel and other textile products in key North American and European markets have put tremendous pressure on synthetic pricing in the past several months. The global synthetic fiber price ...
Tags: Synthetic Fiber, Cotton
The SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting got underway in Berlin today, September 29, with the participation of almost 300 executives, including 82 representatives from 43 steel producer companies from a total of 21 ...
International credit rating agency Moody's has announced that the outlook for the European steel industry will remain stable until 2015, despite anticipated capacity utilization and profitability improvements. According to Moody's report, ...
Tags: steel industry, Moody's
The Steel Manufacturers Association (SMA) commented on Monday’s US International Trade Commission (ITC) hearing, the final phase of antidumping and countervailing duty investigations on steel concrete reinforcing bar from Turkey and ...
Tags: SMA, US ITC Hearing, Metallurgy
Amcor Tobacco Packaging announced plans to close its operations in Neumunster, Germany, and build a new tobacco packaging plant in Indonesia. Amcor is winding up its Neumunster operations owing to the overcapacity in gravure printing ...
Tags: Amcor, Operations, Packaging
Viscose Staple Fibre (VSF) volume rose to 86,389 tons, up 11 percent at Grasim Ltd; a company of Kumaramangalam Birla-led Aditya Birla Group in the first fiscal quarter ending June 30, 2014. However higher input cost impaired the margins ...
Tags: Textile