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Putting sustainability at the heart of business

Henkel, a German adhesives, cosmetics and detergents company, is focusing on business innovation and an integrated strategy for sustainable development. "For us, innovation is the primary growth driver for Henkel China. As one of the most innovative companies in its markets, more ...

SAIC buys 0.97% stake in GM IPO

China's largest automaker SAIC Motor Corp said that it acquired an 0.97 percent stake in General Motors for almost $500 million through the US company's IPO on Thursday. As a result of the purchase, traded by SAIC's wholly owned SAIC Motor Hong Kong Investment Ltd, the Shanghai...

China becomes Volvo's 3rd largest market

China has become Volvo's third largest market, with more of its car models to go on sale in the world's largest auto market this year, Chief Executive Office (CEO) of Volvo Cars China said in Tianjin. Dr. Alexander Klose, CEO of Volvo Cars China, told Xinhua at the Ninth Tianjin ...

SUVs dazzle Chengdu

Four major automakers rolled out their newest sport-utility vehicles (SUV) in the southwestern city of Chengdu Friday, looking to cash in on the fastest-growing passenger-vehicle segment in the world's largest auto market. Mercedes-Benz, Volvo, Ford & Audi all put new SUVs on ...

China s Imports Volume of MEG Decreased by around 8% in April

PUWORLD(2010-05-31) According to statistics released by China Customs House, imports volume of MEG in China decreased by 55078 tons to 633737 tons, declining by around 8% in April. Statistics changed a lot in volume from South Korea, Canada, Japan and Taiwan. In March, imports ...

Eastman Chemical, Alcoa, CalPortland, Lufkin, Raytheon Join DOE s Save Energy Now Initiative

Eastman Chemical Company has joined the U.S. Department of Energy s Save Energy Now initiative, pledging to reduce energy intensity 25 percent over a 10-year period. Eastman joins four other companies Alcoa, CalPortland, Lufkin Industries and Raytheon in pledging to improve their ...

Gov't plans charging standards for electric cars

China will implement the first batch of standards on electric automobile recharging stations in October, according to a report Monday by Shanghai Securities News. Another five standards are being drafted by the National Energy Administration along with the electric grid companies ...

60% of interviewed Macao residents support plastic bag tax: survey

MACAO, May 31 (Xinhua) -- A local survey has found that some 60 percent of interviewed Macao residents support a tax on plastic shopping bags, and 60 percent would accept a charge for every bag, the Macao Post Daily reported on Monday. Nearly a quarter of all respondents used ...

Dow Corning to Invest in Silicone Materials for Solar Energy

Dow Corning has announced that it will invest up to $13 million (USD) to expand its European capabilities to innovate with silicon-based materials and technologies. The investment in a Solar Energy Exploration / Development Center (SEED) includes two new buildings that will ...

DSM closes acquisition of Mitsubishi Chemical polyamide business

Jun 01-DSM Engineering Plastics, a unit of Dutch life sciences company Royal DSM (AMS:DSM), said Tuesday it has finalised the acquisition of the Novamid polyamide business of Japan-based Mitsubishi Chemical Corp (MCC) in exchange for its Xantar polycarbonate business. The move is ...

VanDeMark opens European sales office in Yorkshire

June 1-US-based VanDeMark Chemical has opened an office in West Yorkshire in the UK. Dr Patricia Hughes has been appointed head of sales and business development for the office, and will be responsible for market development, sales and customer service throughout Europe. After ...

Oil firms have lessons to learn from Gulf of Mexico spill

p>The Gulf of Mexico oil spill will be an important lesson for the domestic oil industry and environmental protection experts, who are now calling for stronger offshore drilling regulations to prevent future disasters. Chinese experts have been closely monitoring the recent ...

Borouge to build second compounding plant in China

June 1-Polyolefins supplier Borouge has signed an agreement with the Nansha municipal government in Guangdong province to build its second manufacturing plant in China. Construction will be completed by mid 2012, giving the plant an annual capacity of 105,000 metric tons of ...

PE film under pressure ahead of Delhi's 'green' Games

SINGAPORE ,June 1-Polyethylene (PE) film demand is under pressure in northern India due to Delhi s drive to discourage use of plastic bags ahead of the Commonwealth Games to be held in the capital in October, industry sources said on Tuesday. Although there is no official ban on ...

China raises gas prices 25%, cuts gasoline rates

p>China has increased the wholesale prices of natural gas by around 25 percent and reduced retail rates of refined oil products by about 3 percent effective Tuesday, to curb demand and better allocate resources. Natural gas benchmark prices will go up by 230 yuan to 1,155 yuan ...

Tainted milk case referred to mainland

HONG KONG - A Hong Kong judge on Thursday rejected a lawsuit and claims for compensation by the parents of four mainland children, who were among thousands who fell ill two years ago after consuming tainted milk powder. Hong Kong's Small Claims Tribunal adjudicator Ada Yim ruled ...

Oil ends down 14 percent in May, Spain weighs

May 28-Fitch Ratings downgraded Spain's credit ratings by one notch on Friday, saying the country's economic recovery will be "more muted" than government forecasts due to austerity measures. The ratings downgrade pressured oil that had already retreated from a two-week high ...

Rutland Plastics upgrades EPR infrastructure

May 26-Epicor Software, a developer of enterprise resource planning (ERP) software, has sold a system to Rutland Plastics. Its Epicor system will replace the injection moulder s existing aging software and manage the company s 24-hour manufacturing operation. Rutland Plastics ...

China ready for flood of hydropower

With 2020 clean-energy targets to meet, China is set to accelerate the building of hydroelectric dams, reversing a long halt caused by environmental concerns and the social upheaval of relocating people living in the shadow of dam sites. The trend will create a "golden decade" ...

Asian naphtha crackers eye rate cuts amid ethylene slump

p>SHANGHAI --Naphtha cracker operators in Asia may start trimming plant operating rates in the second half of the year if the correction in ethylene prices continues, market participants said on Tuesday. Ethylene hit a fresh seven-month low of $930-1,000/tonne ( 781-840/tonne) ...

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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