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Hubei chemical firm sues over trademark loss

Trademarks of "Horse and Lion"(left) and "Hong Shi Ma" (right) Hubei Xiangyun (Group) Chemical Co, a large-scale chemical enterprise located in Central China's Hubei province, recently filed a lawsuit in Beijing No 1 Intermediate Court against the Trademark Appeal Board of the ...

Steel moves heat up in Shanxi

Workers take a break inside steel coils at Taiyuan Steel Market in Shanxi province. China is encouraging big steel mills to merge with rivals. [China Daily] Taiyuan, Zhongyu likely to iron out merger details by September BEIJING: China's largest stainless steelmaker, Taiyuan Iron ...

DHL offers more shipping options

SHANGHAI - DHL, one of the world's leading logistics companies, announced the rollout of multi-modal services from China to overseas markets on Thursday, a step designed to further tap into the Chinese market. A pedestrian walks in front of a DHL billboard in Guangzhou. DHL ...

China Post to list unit in Shanghai

An employee of China Post Group sorts mail at a post office in Nanjing. [An Xin / for China Daily] Newly formed express and logistics arm planning public float next year BEIJING - China Post, the official postal service of China, is planning to list the shares of China Postal ...

China oks Baosteel's Zhanjiang steel mill

An employee works at a factory of Baosteel Group Corp., China's biggest steel maker in Shanghai July 6, 2010. [Agencies] Baosteel Group, the country's top steel maker, has obtained approval to build its high-grade carbon steel project in the southern province of Guangdong, a ...

Shougang close to Tonghua buy

Shougang's booth at the China Beijing International High-Tech Expo on May 31. [China Daily] Deal to help company expand capacity by 2012 BEIJING: Steelmaker Shougang Group will take over Jilin-based Tonghua Iron & Steel Group this month to further expand capacity. The deal comes ...

DHL plans cautious strides for China growth

LEIPZIG, Germany - DHL Express, the express arm of Deutsche Post DHL, will continue to expand in China, but in a careful and cautious way, according to Charlie Dobbie, executive vice-president for network operations. Dobbie told China Daily that DHL Express will continue to build ...

China moves to consolidate steel industry

China plans to step up consolidation of its steel sector this year by closing small mills and improving production standards, the Ministry of Industry and Information Technology said on Tuesday. In a new policy document, the ministry reiterated China's pledge to eliminate mills ...

Shougang Steel may ink Tonggang deal this month

BEIJING - Shougang Steel Group is likely to acquire a majority stake in Jilin-based steelmaker Tonghua Iron & Steel Group (Tonggang) this month, according to a Tonggang official. The restructuring deal will bolster cash-strapped Tonggang, the official said. "Shougang President ...

China Southern to join SkyTeam

A worker loads cargo at Fuzhou Changle International Airport in Fujian province. In spite of having the largest aircraft fleet among mainland carriers, China Southern is the least competitive in the cargo market. Zheng Shuai / for China Daily Airline hopes alliance will help give ...

Steelmakers may cut production on weak demand

SHANGHAI - Chinese steelmakers are likely to cut production in the third quarter because of "weak" demand from auto and appliance makers, according to the nation's second-biggest mill. Customs inspectors collect iron ore samples imported from Iran in Rizhao Port, Shandong ...

Agony and ecstasy for Chinese steel firms from currency moves

BEIJING - The yuan appreciation is likely to have a negative impact on the steel industry in the short term despite lowering the import costs for iron ore, industry experts said on Tuesday. "A stronger yuan would give Chinese steelmakers greater purchasing power for raw materials ...

Celanese shows blue sky thinking

This picture taken in December 2007 shows Celanese's chemical facility in Nanjing, in East China's Jiangsu province. It is the American chemical company's largest single investment in China to date. The facility is engaged in the production of acetic acid and other chemical ...

Vale to bump ore prices up in Q3

Roger Agnelli, president and chief executive of Vale. [Adriano Machado / Bloomberg News] Mills in a pickle due to rising costs and weak steel prices as Brazilian mining giant vows 35% increase SHANGHAI - Brazilian mining giant Vale SA, a producer of iron ore, said ore prices for ...

Danfoss sees green potential in smaller cities

BEIJING - Danfoss Group, one of the largest industrial companies in Denmark, is stepping up its efforts to tap opportunities in China's second- and third-tier cities in a bid to promote energy conservation and business expansion. "China is the third-largest market for Danfoss. I ...

Distribution sector: healthy and growing but needs more e-commerce

Exhibit of eFuture at the China Chain Store and Franchise Association's annual conference, in Nanjing, in November. [Photo / Provided To China Daily] China's distribution and e-commerce businesses are poised to meet the challenges and take advantage of the opportunities expected ...

Vale debuts in Hong Kong

Representatives from the Hong Kong Special Administrative Region, Hong Kong Exchanges and Clearing Ltd, and Vale SA attend a listing ceremony for the Brazilian mining company at the Hong Kong Stock Exchange on Wednesday.[Photo/Agencies] Mining giant seeks to attract Asian ...

ADB extends $200m loan to expand natural gas distribution in China

MANILA - The Asian Development Bank (ADB) is extending a loan worth $200 million to China to develop the country's natural gas distribution infrastructure and promote renewable energy use.The ADB said in a statement issued on Wednesday that the loan, which will be coursed through ...

Study on coal-to-olefins business launched

Fu Xu, director of CNCIC, and Roger Lee, managing director of Tecnon OrbiChem, shake hands after signing a Memorandum of Understanding in Beijing to formalize the two firms' partnership, Nov 15. [Photo/ Provided to chinadaily.com.cn] China National Chemical Information Center ...

Chemical company paints rosy picture for the future

A vessel being painted with Intersleek 900, made by AkzoNobel International. It is a unique patented fluoropolymer anti-fouling coating and marks the very latest advances in such technology, according to the company. AkzoNobel has set even higher performance standards for its ...
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