industry

May 27-Oil spill has hit more than 160 km of the shoreline of the U.S. state of Louisiana, state governor Bobby Jindal said Wednesday. Jindal, in comments broadcast live by CNN, criticized the federal government for "too little, to late" response to the massive oil spill ...
May 26-Packaging company Pactiv usually quietly occupies two facilities in Jacksonville. But talk of a courtship by a private equity firm has made the Lake Forest-based company a Wall Street darling for the past week and brought renewed attention to Pactiv. While analysts predict ...
May 27-The supply of PET bottles for European recycling has become very tight, according to the European Plastics Recyclers (EuPR) trade association. Recycling capacity has been following the increasing trend of PET consumption and collection, says EuPR, but current market forces ...
May 27-The New York Mercantile Exchange will launch two new plastics futures contracts on June 6, with pricing data supplied by the PetroChem Wire consulting firm. The 24-month contracts will be for a blow moulding grade of high density polyethylene and a film grade of linear low ...
LOS ANGELES Holy fish sticks! Scientists finally have some good news about fat in our foods. Contrary to fears, most food manufacturers and restaurants did not just swap one bad ingredient for another when they trimmed artery-clogging trans fats from products and menus, an ...
HONG KONG - Datang International Power, the Hong Kong-listed unit of the State-owned power generator China Datang, has said it would invest 3.93 billion yuan ($576 million) to set up a joint venture for a coal-based gas project in North China's coal-rich Inner Mongolia. In a ...
HONG KONG, May 25 (Xinhua) -- Datang International Power, the Hong Kong-listed unit of the State-owned power generator China Datang, has said it would invest 3.93 billion yuan (576 million U. S. dollars) to set up a joint venture for a coal-based gas project in North China's coal...
BYD Company Limited's first vehicle to hit the US road might be an all-electric bus and the US market is set to be the company's largest overseas market. BYD, partly owned by billionaire Warren Buffett, is currently building its US headquarters in downtown Los Angeles. It will ...
Dimethyl Ether (DME), the once God s favoured one, now becomes somewhat miserable. The previously planned projects are still being under construction. And the situation of the unbalance between supply and demand keeps being intensified. What s more, there often happened the ...
Japanese auto maker Mazda remains committed to its 30-year-old technical and strategic alliance with Ford, although the American company is no longer its top shareholder, Mazda's chief said yesterday. Ford cut its stake in Mazda from 11 percent to 3.5 percent last month. Mazda ...
May 28-Axion Polymers has won the Chemicals Northwest Environmental Technology for the Chemical Industry Award for its commitment to reducing its carbon footprint and for providing recycled plastics products. Chemicals Northwest is a not-for-profit organisation funded by the ...
China's leading privately-run car maker, Zhejiang Geely Holding Group, began selling cars online yesterday to tap the purchasing power of the nation's netizens. Geely, which bought Volvo Car Corp this year, said in a statement it has opened a store on Taobao Mall, a major e...
Toyota Motor Corp.'s hybrid gas- electric powered car continued its run for the 18th straight month as the top-selling car in Japan in November, the Japan Automobile Dealers Association and the Japan Mini Vehicles Association, said in a report on Monday. Toyota sold 21,400 units ...
May 28-The European Commission has announced a series of fee discounts for small and medium-sized companies making applications to the European Chemicals Agency (ECHA) under the Classification, Labelling and Packaging regulation (CLP). The discounts apply to small and medium...
May 28-Sabic s Lexan polycarbonate (PC) sheet has been used for the roofing, fa ades and stairway glazing for the Soccer City Stadium in Soweto, Johannesburg, which will be used for the opening and closing matches of this year s Fifa World Cup. Lexan Exell D sheet was also ...
China will cancel the preferential purchase tax for vehicles with engines under 1.6 liters on January 1 next year, according to Xiaoxiang Daily News over the weekend, and buyers will have to fork out extra money to buy cars. Citing an unidentified official with the National ...
SINGAPORE ,May 28-Select petrochemical products managed to hold up against the strong tide of price declines in recent weeks, with values firmly supported by tight supply and stable demand, industry sources said on Friday. Maintenance turnarounds across production plants in the ...
Sino-US dealership joint venture China Grand Auto is considering a listing on the Shanghai Stock Exchange to boost its expansion in the country's fast-growing car market. Jin-Goon Kim, chief executive officer of the biggest car dealership network in China, told China Daily that ...
As foreign investment floods into China's burgeoning car rental market, the sector is facing a possible reshuffle due to increased competition. On Nov 18, Mitsubishi Corporation of Japan signed an agreement to pump in $20 million to set up a joint venture with Zhejiang-based ...
May 28-Trying to assert leadership in the face of growing criticism over his handling of the spill, Obama toured the Louisiana Gulf coast, where oil has seeped into delicate marshlands and shut down much of the lucrative fishing trade. BP CEO Tony Hayward flew over the Gulf to ...
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 ...
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 ...
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 ...
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 ...