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LANXESS: New Jhagadia site up and running

p> PUWORLD(2010-03-10) LANXESS has completed the first phase of construction of its new site in Jhagadia, Gujarat state, India. The production of the rubber chemicals plant was started up, as planned, after being relocated from Thane, Maharashtra state. The plant features the ...

Shanghai Volkswagen to build 300,000-unit plant in E China

Shanghai Volkswagen Automotive Co. Thursday signed an agreement to build its fifth assembly plant in east China's Jiangsu Province. The plant in Yizheng City has an annual production capacity of 300,000 vehicles, the carmarker said in a statement. The plant is expected to start ...

Shanghai Volkswagen to build 300,000-unit plant in E. China

Shanghai Volkswagen Automotive Co. Thursday signed an agreement to build its fifth assembly plant in east China's Jiangsu Province. The plant in Yizheng City has an annual production capacity of 300,000 vehicles, the carmarker said in a statement. The plant is expected to start ...

China exports growth extends into February

p> China said Wednesday its exports soared for the third straight month in February and at their fastest pace in three years, which analysts said could leave Beijing more open to a stronger Yuan. Overseas shipments grew 45.7 percent on-year last month to 94.5 billion US dollars, ...

New PU coating for loading platforms

p> In the Netherlands new regulations for noise reduction in town centers have instigated new measures to reduce noise levels during business deliveries. BASF Polyurethane s experts have developed an excellent solution the loading surface whisperer made of PU. The loading surface ...

FAW Group plans listing

FAW Group Corp, China's second biggest automaker, is planning a stock market listing after a restructuring of the business, in a bid of reinforcing its ability to compete with rivals in the world's biggest automobile market. FAW Car Co and Tianjin FAW Xiali Automobile Co, the ...

China to recall trucks equipped with flawed chassis

China's quality watchdog Wednesday announced a recall of 2,443 trucks equipped with flawed chassis made by Japanese company Mitsubishi Fuso Truck and Bus Corporation from Thursday. The recall was ordered to correct problems with the truck chassis on the FV517K, FV517S, FV51JJ, ...

Gas line explosion reported in Oklahoma

HOUSTON, March 11 - A high pressure gas line exploded on Thursday afternoon south of state Highway 66 just west of Chandler, in the U.S. state of Oklahoma. There were large flames and smoke coming from the scene, about 2 miles west and half a mile south of Chandler, some 40 miles ...

UK gas down on less demand offsetting supply issues

LONDON, March 11 - British gas prices fell on early Thursday trade, with lower demand due to milder weather offsetting reduced Norwegian supply resulting from a power outage at Ormen Lange gas field. Gas for Friday was 33.60 pence per therm ($5.013 per mmbtu) at 1042 GMT, down 2...

Alberta backtracks on oil and gas royalties

March 11 - The government of Alberta said on Thursday it will cut oil and gas royalties in an about-face after nearly three years of bitter complaints from the energy sector and sinking political fortunes for the ruling party. The government of Premier Ed Stelmach said the ...

Toxic liquids dumped near Yangtze

p> An unlicensed recycling company dumped hundreds of barrels of toxic material near the Yangtze River, potentially threatening local water supplies. Two men have been detained by police in Nanjing, capital of Jiangsu province. In late January, police in Nanjing's Jiangning ...

SAIC venture to produce new brand of passenger cars

China's biggest minivan producer SAIC-GM-Wuling Automobile Co Ltd will unveil its passenger car strategy with a new brand on July 18 in Shanghai, Liang Xiaodong, a company official, confirmed on Wednesday. "We will launch a self-developed brand in the medium-sized sedan segment ...

Oil oversupply too little to hurt market: Iran

March 7 - Oil producers are pumping more crude than consumers need but the oversupply is insufficient to have a big impact on the market, Iran's OPEC governor said on Sunday. "There is some oversupply in the market," Mohammad Ali Khatibi told Reuters in a telephone interview. ...

Geely wins EU antitrust approval to buy Volvo

European Union regulators Tuesday approved Chinese car maker Geely to buy Sweden's Volvo Cars. The European Commission said it sees no antitrust problems with Zhejiang Geely Holding Co's US$1.8 billion acquisition of Volvo Cars from Ford Motor Co because the takeover won't give ...

GE orders for Australian gas project top $1 bln

BOSTON, March 3 - General Electric Co (GE.N) said Chevron Corp (CVX.N) chose it to supply power-generation and undersea equipment to a huge natural gas development planned off the coast of Australia, pushing the U.S. conglomerate's forecast equipment revenue from the project to ...

Heat leaves many motorists out in the cold

Requests for roadside assistance are increasing hand-in-hand with rising temperatures as vehicles succumb to the heat on the nation's roadways. Also on the rise are insurance claims for the cost of towing and breakdowns. Wang Feng, deputy director of the claim center of the ...

China's 1H auto sales slow as inventory rises

China's automobile sales surged 30.45 percent year on year to 7.18 million units in the first half of the year, keeping the country the world's largest auto market, a Chinese research organization said in a report released Monday. On a month-on-month basis, though, auto sales ...

Jaguar looks for better traction

British automaker Jaguar Land Rover, now owned by India's Tata Motor Ltd, last week opened a training center in Shanghai and announced formation of a wholly owned sales company that will import its vehicles to China. Since their sales began in China, Jaguar and Land Rover ...

Oil rises toward 87 dollars on recovery hope

NEW YORK, April 6 - Oil prices continued to rise on Tuesday as market remained positive about economic recovery and investors expect a draw in this week's crude inventory report. Crude rallied for the sixth consecutive session as market sentiment remained upbeat on prospect of ...

GM China outsells US unit

GM China, the Chinese subsidiary of the U.S. car-maker General Motors, said Friday its 2010 first-half-year sales of vehicles in China increased by 48.5 percent over the same period last year. Statistics provided by the car-maker showed that it sold a total of 1.21 million ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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