Grasim announces financial performance for the 2nd quarter ended 30th September, 2013 Consolidated Financial Performance: Grasim Industries Limited, an Aditya Birla Group Company, has reported Revenue of ` 6,849 crore and Net Profit of ...
Hazardous smog has hit 17 Chinese provinces and municipalities, affecting 600 million people this year. The capital, Beijing, was shrouded in smog for several days during the seven-day national holiday, disappointing visitors who wanted to ...
Tags: Air Pollution, Coal Use
Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...
Tags: domestic demand, Chemicals
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
The global glass market is expected to be the largest consumer and driver of soda ash business to 2018 and beyond. Global soda ash demand is expected to increase from around 55m tpa today to more than 65m tpa by 2018, while the capacity ...
Tags: Soda Ash, Construction Glass
It’s been a good few weeks for China’s economic decision-makers. Official data showed exports in August rose 7.2% from a year earlier, surpassing all forecasts. The official purchasing managers’ index (PMI) for ...
Tags: Wrong Growth Path
China-based chip maker San'an Optoelectronics Co Ltd is projected to take the lead in gallium nitride (GaN) LED wafer capacity by the end of 2014, overtaking current leader Epistar Corp of Taiwan, according to market research firm IHS Inc. ...
Tags: LEDs, Electrical, Electronics, Optoelectronics
China-based die vendor Sanan is projected to take the lead in GaN LED wafer capacity by the end of 2014, overtaking current leader Epistar of Taiwan, according to IHS. While Epistar is forecast to continue its spot at the pinnacle in 2013 ...
Tags: GaN LED Wafer, Lighting
Steel Dynamics, Inc. announced Wednesday third quarter net income of $57 million, or $0.25 per diluted share, on net sales of $1.9 billion, compared to Q3 2012 net income of$13 million, or $0.06 per diluted share, on net sales of $1.7 ...
Tags: Metallurgy, Mineral, Energy, steel
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced on October 17 that in the January-September period of this year its finished steel exports amounted to 946,300 mt, increasing by 22.84 percent year ...
Tags: Construction, Steel, Finished Steel, Metallurgy, Mineral
China's State Council, the country's cabinet, is tackling production overcapacity, according to the government's website on Tuesday. The Guideline to Tackle Serious Production Overcapacity lists five prime sectors with serious ...
Tags: cement, electrolytic aluminium, sheet glass, shipping, steel
The United Kingdom has reiterated its openness to Chinese investment in the country's nuclear power industry, a senior British official has said. "Britain is the most open economy in the world, and that goes for our energy markets as ...
Tags: Nuclear Investment, Energy
Freight volumes are higher than they've been in "many, many" years, but there remains excess capacity in the marketplace and continued downward pressure on rates. Doug Munro, president of Maritime-Ontario Freight Lines, told a packed ...
Tags: Freight, Transportation
Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for ...
China has introduced measures to curb photovoltaic overcapacity while seeking to expand domestic deman. China has put forth new rules to tackle overcapacity in its solar power industry. A document released by the Ministry of Industry and ...
Tags: Solar Power, Chemicals