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StarTube:EP06 Current news and policies on trading

Aug 3, 2021

1.New forms, models of foreign trade to gain momentum China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State ...

Tags: Green Industry, Digital Technology

Audi Researching Use of Time in Self-Driving Car

Jul 19, 2017

Audi has joined hands with Fraunhofer Institute in Stuttgart, Germany, to find out what is important for making optimal use of time in a self-driving car. The company started the 25th Hour, a project that is aimed at studying how to make ...

Tags: Audi, Self-Driving Car

China to Restrict Oil Product Exports in H1 2017

Mar 31, 2017

China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...

Tags: Oil Product, Crude Oil

China in New Effort to Tackle Shadow Banking

Feb 24, 2017

China's central bank has drafted new rules to tackle risks from shadow banking, in a tacit acknowledgment that a host of measures in recent years to control off balance sheet credit have failed to control its risks, the Financial Times ...

Tags: Shadow Banking, balance sheet

ADM to Expand Sweeteners, Starches Production in Europe

Dec 15, 2016

Archer Daniels Midland Company (ADM) has announced plans to expand its production capacity of sweeteners and starches at its facilities in Turkey and Bulgaria to meet regional and global demand. The American global food processing company ...

Tags: ADM, food processing

Beijing Expected to End Oil Product Export Quotas

Dec 7, 2016

China's independent refineries likely have to rely on state-owned trading companies to export oil products in 2017 as Beijing is likely to stop awarding them quotas to export directly, informed sources said Friday. "It [stopping awarding ...

Tags: Oil Product, Refiners

Kirin to Sell Brazil's Macacu Bebidas Plant to AmBev

Nov 10, 2016

Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...

Tags: Kirin, AmBev

Arla Foods Extends Distribution Agreement with G. Willi-Food

Jun 14, 2016

Danish dairy products producer Arla Foods has extended its exclusive distribution agreement with G. Willi-Food International’s subsidiary Gold Frost for one year. The extension starts from the expiration in June 2017 of the existing ...

Tags: Arla Foods, G.Willi-Food, Gold Frost's business

Leroy Seafood Acquires Havfisk and Norway Seafoods

Jun 7, 2016

Leroy Seafood Group has entered into an agreement with Aker Capital and Aker Capital II to purchase a controlling stake in Havfisk and Norway Seafoods Group for NOK3.2bn ($390m). The acquisition represents 64.4% and 73.6% of the total ...

Tags: Leroy Seafood, Seafoods

Higer Electrical Truck Helps Logistics Delivery

Mar 25, 2016

The quick development of express delivery industry is obvious with the thriving of E-commerce recently. Not only the express delivery business but also the bulk cargo transportation in various cities are increasingly growing. While, ...

Tags: Electrical Truck, Logistics

Norwegian Seafood Council Launches All-Encompassing Knowledge Hub for Cod

Feb 5, 2016

The Norwegians have been fishing for their livelihoods and exporting their seafood worldwide for hundreds of years, whether providing cod that helps feed the world’s largest cod market, the UK, or shipping salted cod to the ...

Tags: Seafood, cod market

China to Grant Crude Import Licenses to Refineries

Jan 26, 2016

China's Ministry of Commerce plans to grant crude import licenses to four independent teapot refineries in eastern Shandong province, namely Huifeng Petrochemical, Chambroad Petrochemical, Tianhong Petrochemical and Luqing Petrochemical, ...

Tags: crude import, teapot refineries

Crude Oil Imports Continue on High Run Rates

Jan 16, 2016

With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...

Tags: oil product, bitumen

China Issues 20.93 Mil Mt Product Export Quota

Jan 6, 2016

China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...

Tags: oil product, gasoline

China Teapot Refineries Apply for Crude Quotas

Jan 3, 2016

Four more Chinese independent teapot refineries, with a total capacity of 15.6 million mt/year, have joined others in applying to the National Development and Reform Commission to process around 14.47 million mt/year of imported crudes, the ...

Tags: teapot refineries, teapot

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