Industrial News
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A vigorous campaign to clean up pollution in electronics giant Apple’s supply chain, waged through 2011, ended up as one of the year’s hottest topics of public debate in China. With good reason: a series of reports published by a coalition of domestic green groups exposed serious violations at some of the company’s contractors and seized...
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Premier Wen Jiabao landed in Iceland on Friday, beginning a tour of northern Europe that will focus on Chinese investment in a region eager for funds but wary of China’s hunger for natural resources, Reuters reported. Wen also will visit Germany, Poland and Sweden for talks on investment and industrial projects. Iceland expects a cooperation deal...
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China set up a 155-member rare-earth industry association in a move to speed consolidation of the sprawling sector, Reuters quoted state media as saying. Su Bo, an industry vice-minister, said the government wants to phase out small smelters, giving large players a greater stake in the supply of rare-earth metals and boosting environmental protection. ...
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Bulgaria is looking for potential investors in its gas turbine power plant that is to be constructed in the Danube town of Belene, the country's Deputy Economy and Energy Minister Valentin Nikolov has revealed.
On Wednesday, Bulgaria officially abandoned the Belene Nuclear Power Plant which Sofia and Moscow had agreed on in 2008. Deputy Finance Minister...
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Serbia's state power company EPS and a Canadian-Chinese consortium signed a cooperation memorandum for the development of a pumped-storage hydropower plant. Its value is estimated at EUR 600mn. The memorandum was signed by EPS CEO Dragomir Marković, Vice-President in the hydro-power and power division for the Canadian company Lavalin Jean-Francois Bacle...
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Croatia was ranked 15th out of 40 countries in terms of value for money, according to a recent survey carried out by British portal Post Office Travel Money.
The survey, which looked at prices of daily commodities for the tourist, had Croatia ahead of Spain on the list but cheaper than Dubai by some 4 per cent. The survey showed that for a tourist...
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In the framework of the visit to Germany, Vice Premier for Economic Affairs Vladimir Pesevski met with several managers of Japanese companies operating in the country. Pesevski met with managers of Nippon, Hitachi and Sumimoto. Source: Government
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Qatar is interested in energy projects in FYR Macedonia, the government announced after a meeting March 27 between FYR Macedonia's and Qatari officials in Doha, SeeNews reported.
FYR Macedonia's officials presented opportunities for investment in the country's energy sector, focusing on power generation, transmission and trade and on mining, the...
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PetroChina is now the world’s biggest publicly traded producer of oil, surpassing ExxonMobil, the Associated Press reported. The Chinese company announced that it pumped 2.4 million barrels of oil a day last year, surpassing Exxon by 100,000 barrels. PetroChina has grown rapidly, squeezing more from China’s oil fields and acquiring more petroleum...
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Renewable energy and infrastructure are two of the key sectors where Bulgaria is about to see Chinese investments, Novinite reported, citing the Bulgarian-Chinese forum that took place March 26. Speakers included China's Vice Trade Minister Jiang Yaoping and Bulgaria's Deputy Economy Minister Ivo Marinov.
Yaoping suggested that Chinese companies...
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