Recently added articles from China Chemical Reporter:
Policy changes are expected.
Aug 06, 2008; Weike, Zhong ... A crisis like the subprime lending crisis in the United States is possibly arising in China, particularly in Shenzhen, the city opened earliest in China and near to Hong Kong, according to some media. According to some reports in Shenzhen, home prices recently fell fast, say 30%-50%, ...
Possibly open potash fertilizer price.(Policy, Economy & Finance)
Aug 06, 2008 ... The National Development and Reform Commission (NDRC) has recently proposed a preliminary scheme for eliminating supervision on potash fertilizers price and offering subsidies to farmers. It means that the price of potash fertilizers set by the government will be formed by the ...
Stricter administration on foreign-funded projects.(Policy, Economy & Finance)(Brief article)
Aug 06, 2008 ... The National Development and Reform Commission (NDRC) announced on July 8th that China will strictly implement a system for examination and approval of foreign-funded projects to further strengthen the administration of foreign-funded projects and avoid the abnormal inflow of foreign ...
China plans to increase coke export tariff.(Policy, Economy & Finance)
Aug 06, 2008 ... After the ferrous ore price supplied to China has been increased 96%, Australian ferrous ore suppliers Rio Tinto and BHP Billiton recently announces to increase the price of ferrous ore supplied to Europe by 71%. The cost advantage of the iron/steel sector in China has therefore lessened ....
China's pharmaceutical industry develops rapidly.(Policy, Economy & Finance)
Aug 06, 2008 ... The State Council has recently published the white paper "Safety Supervision of Medicines in China". The total production of the pharmaceutical industry increased to RMB667.9 billion in 2007 from RMB137.1 billion in 1998. China produces 1 500 varieties active pharmaceutical ...
Prosperity of the chemical sector fuels good results for chemical firms.(M & A, Business & Trade)
Aug 06, 2008 ... As of July 9th, 88 listed chemical companies has posted their results predicted in the first half of 2008. Of which, 50 companies expected a performance growth, 44 companies projected a performance growth for the second quarter of 2008 over the first quarter. Thirty-one ...
Sinochem International to acquire 51% interest in GMG.(M & A, Business & Trade)
Aug 06, 2008 ... On July 11th, Sinochem International Co., Ltd. announced its wholly-owned unit Sinochem International (Overseas) Pte Ltd. plans to launch a tender offer to acquire a 51% interest or 1.031 billion ordinary shares, in GMG Global Ltd, a rubber plantation owner and operator, from GMG Holding ...
Mai Group acquires OTR business in Shandong.(M & A, Business & Trade)
Aug 06, 2008 ... Italian off-the-road (OTR) tire maker Mai Group has acquired the OTR-related assets of Shandong Jinyu Tyre Co. Ltd. in Shandong province, eastern China, to support its Asian market development strategy. Jinyu Tyre is located in Dongying, Shandong province, with a capacity of 20 ...
Coal price hike influences downstream sectors.(M & A, Business & Trade)
Aug 06, 2008 ... The supply shortage of coal in China has recently led to a constant price rise. The price rise of coal has affected the coal mining sector and downstream sectors. The coal price in Qinhuangdao Port has kept on an increase for the eleven consecutive weeks up to July 21st and the ...
30% equity of Nansha Titan Petrochemical to be sold.(M & A, Business & Trade)
Aug 06, 2008 ... The 30% equity in Guangzhou Nansha Titan Development Co., Ltd. (Nansha Titan) is to be sold for RMB135 million. The equity to be sold is owned by Guangzhou Xiaohu Island Investment and Construction Co., Ltd. Nansha Titan, located in Xiaohu Island Petrochemical Industry Park, ...
Bayer launches "Bayer Cares project".(M & A, Business & Trade)
Aug 06, 2008 ... On July 22nd, Bayer Group, together with Sichuan Technology and Business College (STBC) signed a Memorandum of Understanding (MOU) to kick off "Bayer Cares Project". Witnessed by Red Cross Society of China Dujiangyan Branch, the initiative demonstrates Bayer long-term commitment to further ...
More Taiwan firms enter Fujian for expansion.(New Setup, Agreement & Plan)
Aug 06, 2008 ... Fujian Quanzhou Quangang District Government and the Petrochemical Industry Association of Taiwan reached an agreement recently. Both sides will make joint investments and establish a special chemical zone for Taiwan companies in Quanzhou, to develop light oil cracking and downstream ...
Hitachi Chemical strengthens photosensitive dry film for PWB business in China.(New Setup, Agreement & Plan)(Brief article)
Aug 06, 2008 ... Hitachi Chemical announced on July 17th, it plans to invest Yen 520 million (approximately US$4.9 million) in a new R & D center for photosensitive dry film for printed wiring boards (PWBs) at Suzhou site, Jiangsu province, eastern China. Hitachi Chemical commenced production of ...
SKC opens PO plant in Korea.(New Setup, Agreement & Plan)(propylene oxide)(Brief article)
Aug 06, 2008 ... On July 23rd, SKC announced that its new propylene oxide (PO) plant in Ulsan successfully started the world's first commercial production of PO based on hydrogen peroxide propylene oxide (HPPO) process. The company has invested over KRW 200 billion into the new PO plant since it entered ...
Albemarle supports reconstruction of SCFRI.(New Setup, Agreement & Plan)
Aug 06, 2008 ... On July 17th, in a very specialized response to the devastating earthquake that struck China's Sichuan province in May 2008, the China Plastics Processing Industry Association (CPPIA) and leading global specialty chemical maker Albemarle Corporation (NYSE: ALB) have joined forces to help ...
ROH increases investment in Taiwan.(New Setup, Agreement & Plan)(Rohm and Haas Electronic Materials)(CMP Technologies)(Brief article)
Aug 06, 2008 ... On July 28th, Rohm and Haas Electronic Materials (NYSE: ROH), CMP Technologies, announced that it is increasing investments in its Asia-Pacific Pad Manufacturing Facility located in Hsinchu, Taiwan. The investment is aimed at accelerating the company's capacity expansion to meet the ...
Huida Jiuding invests RMB70 million in Agrochemical business.(New Setup, Agreement & Plan)(Company overview)
Aug 06, 2008 ... Beijing Huida Jiuding Investment & Management Co., Ltd. (Huida Jiuding) invests RMB70.0 million in Jiangsu Huifeng Agrochemical Co., Ltd. through its subsidiary Xiaqi Jiuding Equity. Jiangsu Huifeng Agrochemical, located in Yancheng of Jiangsu province, is a leading agrochemical ...
PetroChina Sichuan selects Dow and Aker Solutions for PP project.(New Setup, Agreement & Plan)
Aug 06, 2008 ... On July 29th, PetroChina Sichuan Petrochemical Co., Ltd. (PetroChina Sichuan) has selected UNIPOLTM Polypropylene Process Technology from Dow Technology Licensing for its new 450 KTA polypropylene facility in Chengdu, Sichuan province, and Aker Solutions will provide the process design and ...
AkzoNobel offers new decorative paints.(New Setup, Agreement & Plan)(Brief article)
Aug 06, 2008 ... AkzoNobel has launched a new environmentally-friendly paint range. It represents a major step towards environmentally sustainable paint with reduced carbon and VOCs (Volatile Organic Compounds). Dulux of AkzoNobel has been a pioneer in upholding environmental sustainability. In China, ...
China Chemical New Material (Jiaxing) Park.(New Setup, Agreement & Plan)
Aug 06, 2008 ... On July 3rd, China Petroleum and Chemical Industry Association (CPCIA) named Chemical Industry Park of Jiaxing Port Area (CIP) as "China Chemical New Material (Jiaxing) Park". It will become one of the important chemical new material bases in China. CIP, located in Jiaxing, Zhej ...