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Value-Added of the Industrial Enterprises above Designated Size Expanded in May

In May, value-added of the industrial enterprises above designated size (enterprises with an annual income over 5 million yuan) was up by 8.9 percent year-on-year, or 7.1 percentage points dropped over same period of previous year, promoted 1.6 percentage points month-on-month. ...

Asian textiles no longer a fading industry

Asian textiles, once considered a fading industry, are now showing strong growth prospects thanks to technology and demand from expanding middle classes, a leading industry player said. Known in the past for back-alley shops churning out cheap material, many Asian firms are ...

UK: Charities fight over secondhand clothes market

A shopper stops outside a charity shop. Photograph: Graham Turner A turf war has broken out between charities over the lucrative but increasingly competitive market in secondhand clothes. The price for recycled textiles has soared over the last few years, resulting in an ...

Shop green? Global survey lists top eco-friendly retailers

Pedestrians pass a Marks and Spencer store, in central London September 30, 2009. Eco-friendly managers and staff are the key to making a retailer go green, according to a study listing 15 of the world's top eco-friendly retailers in Europe, North America, Asia and Australia. ...

Environmental Participation - Timberland launches campaign to make people aware of climate change

Timberland has just launched a global campaign to get citizens mobilized. The slogan is "Don’t tell us it can’t be done!" The aim is to impact the 192 governments attending the UN Climate Change Conference taking place in Copenhagen. Timberland’s proposal is aimed at having the ...

Istanbul launches fashion week

A model displays creations during the first day of Istanbul Fashion Week (IFW) 2010 in Istanbul, Turkey, Aug. 25, 2010. Istanbul kicked off its third annual fashion week on Wednesday, as part of the European Capital of Culture 2010 activities. Istanbul Fashion Week 2010 features ...

Privatization of Iran's NPC restarts

p>IRAN IS restarting the privatization of its National Petrochemical Co. (NPC) and may consider selling a majority stake to international investors, says a source close to the initiative. Rex Features According to the plan, all NPC's production assets will be placed into a single ...

Middle East petrochemical producers will face new challenges this decade

p>PETROCHEMICAL COMPANIES in the Middle East are gearing up for a new decade - one that poses an entirely different set of challenges and opportunities versus the last. The past 10 years was all about exploiting competitively priced feedstocks to build strong manufacturing ...

China faces a polymers shortfall despite capacity additions

p>AS CRACKER deals are penned in the Middle East, many are perplexed about how the additional capacity can be absorbed. Of particular concern is China, a traditional target of Middle East polymer exports. Is there a need to be concerned? If so, what can those serving the China ...

Key ethylene projects in the Middle East

p>AFTER A lengthy period of speculation and scaremongering, delays and downtime, the deluge of Middle Eastern cracker capacity is finally set to swamp an already fragile market. The immediate and long-term effects outside the region are still unclear. Although the Middle East's ...

Europe Inflation Accelerates on Energy, Euro s Drop

div> June 16 -- European inflation accelerated to the fastest pace in more than a year in May as surging energy costs and a weaker euro made imported goods more expensive across the 16-nation region. Euro-area consumer prices rose 1.6 percent in May from a year earlier after ...

Cipla Targets $19 Billion-a-Year Roche, Amgen Drugs

div> June 16 -- Cipla Ltd., the Indian drugmaker that built a $1 billion business making generic HIV treatments, aims to sell copies of Roche Holding AG s and Amgen Inc. s best- selling biotechnology medicines with a partner in China. Cipla Chairman Yusuf Hamied plans to invest ...

DSM will continue its innovation strategy of combining biotech and material science

p>DUTCH CHEMICAL and life sciences company DSM is betting on both its life science and material science businesses to continue producing innovative products that could result in additional revenues of 1.5bn ($2.3bn) in the next five years. Rex Features DSM's chief innovation ...

Former Rohm and Haas CEO Raj Gupta sets his sights on more chemical deals for New Mountain Capital

p>PERHAPS MOST people would ride off into the sunset after engineering what could be the chemical deal of the century. But after selling US specialty chemical firm Rohm and Haas to Dow Chemical for around $15bn ( 13bn) in April 2009, during the worst financial and economic crisis ...

The Middle East has plans to become a major plastics processing centre

p>CHINA GOT the ball rolling, emerging in a matter of decades as the world's leading plastics manufacturing hub. And now another region aspires to emulate its example - the Middle East. Rex Features For the major polymer producing countries in the Middle East, moving up the value ...

Plastic grows in auto manufacturing

p>More and more vehicle manufacturers are looking at alternative materials to metal for their cars. But will a 100% plastic auto ever hit the road? Rex Features WHILE AUTOMOTIVE engineers, designers, manufacturers and consumers all want a car that is more efficient, it will be a ...

Fire breaks out at chemical plant, injures 2

p> 2 25 Smoke billows out from a chemical plant in Shaoxing, east China's Zhejiang Province, Feb. 20, 2010. A fire broke out at the silicone oil department of the organic silicon plant around 14 local time (0600 GMT) Saturday. Fire department managed to control the fire soon and ...

Listed banks extend 5 trln yuan of housing-related loans in 2009

China's business press carried the following stories Wednesday. China.org.cn has not checked the stories and does not vouch for their accuracy. 12 listed banks extend 5 trillion yuan of housing-related loans in 2009 - Guangzhou Daily Guangzhou Daily reported Wednesday that 12 ...

China hikes gasoline, diesel prices

China will raise gasoline and diesel prices 310 yuan (about 46 U.S. dollars) per tonne and 300 yuan per tonne, respectively, beginning Wednesday, the National Development and Reform Commission(NDRC) announced Tuesday. The is the second increase in fuel prices in two months after ...

Minmetals begins restructuring

A Minmetals Land booth at a property show in Nanjing, Jiangsu province. China Minmetals Corp, China's largest steel and metals trader, has established China Minmetals Corporation Limited to accelerate the pace of its corporate restructuring. [China Daily] China Minmetals Corp, ...
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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
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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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