Keyword: China

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Shenzhen Raises Minimum Wages

05.01.2012 - Shenzhen, a boomtown in China's southern manufacturing hub, will increase the minimum wage by 13.6% in February, the local government said, adding further pressure to exporters who...

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Fortune Oil Declines $2.2 Billion Sinopec/ENN Bid

03.01.2012 - Fortune Oil, a key shareholder in takeover target China Gas Holdings, will not accept the unsolicited $2.2 billion bid from Sinopec and ENN Energy Holdings, a top executive at...

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Chinese Chemical Industry Trends

09.12.2011 - Chinese Overview - Throughout the year 2011, we covered several aspects of the chemical industry in China, ranging from R&D cooperation to strategy development and the tendency of...

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Novo CEO Lars Sorensen: China Drug Sales Set To Bounce Back

06.12.2011 - Sales to China by Denmark's Novo Nordisk, the world's biggest supplier of insulin, are set to bounce back after a one-off fall in the third quarter, the Danish drugmaker's chief...

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Sinopec Jinling to Delay Start of 160,000-Bpd Crude Unit

28.11.2011 - China Petroleum and Chemical Corp (Sinopec), China's top oil refiner, will delay the startup of a new 160,000-barrel-per-day (bpd) crude oil unit at its Jinling refinery until June...

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Sibur: Weak China Demand Weighs On Chemicals Prices

23.11.2011 - Sibur, Eastern Europe and Russia's largest petrochemical company, is feeling the pinch from a sharp decline in global prices for its synthetic rubber and polymers, brought about by...

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AkzoNobel to Invest €45 Million in Ningbo Plant

21.11.2011 - AkzoNobel said it will invest €45 million in a new dicumyl peroxide (DCP) plant at its Ningbo multi-site in China to meet a growing local, regional and global demand. Widely used...

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China Fines Drug Middlemen for Cornering Market

15.11.2011 - China's central planning agency has fined two middlemen for attempting to control the market for a drug compound, and thereby driving up the cost to make a blood pressure medicine...