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Fushun Petrochemical s Million-ton Ethylene Project to Put on Stream This Year

p> PUWORLD(2010-04-08) In the main body of Fushun Petrochemical s million-ton ethylene facility six core devices adopt patented technique from abroad while the rest 11 devices used domestic first-class mature technique. This facility and its affiliated systems would be finished ...

BASF to establish a new System House in West China

p> As the leading global supplier of polyurethane (PU) system solutions worldwide, BASF will further expand its strong global service and production network. With the establishment of a new Polyurethane Solutions System House in West China (with a population of over 120 million), ...

Sinopec Pays More for Oil Stake for Energy Security (Update1)

April 14 - China Petrochemical Corp. s purchase of a stake in a Canada oil venture brings the nation s spending on resources to $64 billion since 2005 and underlines its willingness to pay a premium for energy security. The company known as Sinopec Group agreed to pay at least ...

Auto sales hitting road bumps

Analysts predicted a negative year-on-year auto sales growth nationwide in August as the market continues to cool amid the off-season. Figures from the China Association of Automobile Manufacturers showed China's auto sales have seen month-on-month slides since March. The China ...

China's cars to turn green

China will invest more than 100 billion yuan (US$15 billion) to support the development of fuel-efficient and new-energy vehicles over the next 10 years, according to media reports. The financial aid is part of an industrial blueprint for alternative energy vehicles between 2011 ...

Volvo's new chauffeur talks of buy-out challenges

He ventured into a start-up business 26 years ago as the boss of a backyard assembly line of refrigerator parts in a non-descript east China county. Years later, he led his friends in dismantling a Mercedes-Benz and trying to imitate its designs to make China's own luxury brand. ...

U.S. to host Western Hemisphere clean energy meet

WASHINGTON,Apr 13 - Government ministers from more than 30 countries in the Americas will meet in Washington this week for a two-day conference as part of an Obama administration effort to boost cooperation on energy security and climate change. The conference is supposed to ...

Arctic oil drilling threatens Norway government

OSLO,Apr 13 - A classic battle pitting the oil industry against environmentalists and fishermen in Norway's Arctic seas is set to intensify on Thursday when the most thorough environmental study of the project to date is released. Extracting oil from the chilly waters off the ...

Chevy sales help rev up GM numbers

General Motors Co (GM), the biggest overseas automaker in China, said its sales in the nation rose 22 percent in July, aided by the popularity of Chevrolet cars, while Ford Motor Co's sales fell during the same period. The company sold a total of 176,645 vehicles last month in ...

Auto sales, production to top 15 mln in 2010

China's annual production and sales of new autos will both surpass 15 million vehicles this year, Dong Yang, secretary-general of the China Association of Automobile Manufactures, said Wednesday. Auto sales in China continued to rise in July, though at a slower pace than in ...

Gas, diesel hikes to hit the pump with oil prices set to rise

BEIJING, April 14 - The National Development and Reform Commission, China's top economic planner, will lift retail ceiling prices of domestic refined oil for the first time in more than five months by 320 yuan ($46.88) per ton starting today. That will translate into a price hike ...

China raises retail prices of gasoline and diesel

BEIJING, April 13 - China's top economic planner said late Tuesday it would raise prices of gasoline and diesel both by 320 yuan (46.88 U.S. dollars) per tonne from April 14. This comes as the first such move in nearly five months since it raised gasoline and diesel prices both ...

Premier encourages spring farming efforts to ensure good harvest

HEFEI - Chinese Premier Wen Jiabao has called for enhanced efforts during the country's spring ploughing season to ensure a good harvest. Wen made the remarks during an inspection tour of east China's Anhui province from April 9 to 11. He said good work in the agriculture sector, ...

Road to low-carbon economy lined with green cars

As China, the world's largest emitter of carbon dioxide, looks for ways to curtail its carbon footprint, one possible solution has attracted much attention from the government, industry leaders and media: "green" cars. According to the Ministry of Public Security, 15 percent of ...

China to spend US$2.2b more in sewage treatment

HEFEI - China will spend 15 billion yuan ($2.2 billion) in the first half of this year to beef up sewage treatment facilities as the nation works to clean up its environment, an official said Wednesday. Wang Shancheng, deputy director of the resource saving and environmental ...

China vows to crack down on mine safety violations

BEIJING, April 7 (Xinhua) -- Chinese government on Wednesday ordered local mine safety regulators to crack down on safety violations in mines and other high-risk work places to "resolutely" prevent further tragedies in the wake of "many serious accidents" and heavy life losses. ...

Strike at Honda supplier plant ends with deal

Two hundred workers at a Honda Motor supplier's factory in south China ended a two-day strike on Tuesday night after reaching agreement with the company management. By 11 p.m. Tuesday, workers at the Foshan Fengfu Autoparts Co. Ltd. had completely dispersed from the strike ...

Nigerian military issues alert on plans to attack Shell facilities

LAGOS, April 12 - Nigerian military operating in the oil rich Niger Delta region has issued an alert on a plot to attack a facility of Shell Petroleum Development Company (SPDC) in the region. The military spokesman in the region Timothy Antigha disclosed this in a statement ...

China to spend US$2.2b more in sewage treatment

p> China will spend 15 billion yuan ($2.2 billion) in the first half of this year to beef up sewage treatment facilities as the nation works to clean up its environment, an official said Wednesday. Wang Shancheng, deputy director of the resource saving and environmental ...

SABIC to lay off up to 80 workers at W.Va. plant

p> WASHINGTON, W.Va. (AP) - SABIC Innovative Plastics is laying off up to 80 employees at its plant in Wood County in a restructuring aimed at improving cost efficiency. SABIC spokeswoman Shelia Nabb says production of two resin products will be transferred from the Washington ...

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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