Tag Archives: CHINA

Huangpu Wenchong Shipbuilding Secures Approval for Innovative Green Ship Designs from DNV

(IN BRIEF) Huangpu Wenchong Shipbuilding Company (HPWS) received approval in principle (AiP) certificates from DNV at the SMM trade fair for three innovative ship designs focused on sustainability. The designs include an ammonia-fueled midsize gas carrier, an ammonia-fueled container ship, … Read the full press release

Arkema Achieves ISCC PLUS Certification for Specialty Resins Facility in China, Expanding Sustainable Solutions in Asia

(IN BRIEF) Arkema has received ISCC PLUS certification for its Nansha production site in China, allowing the company to launch a new range of bio-attributed UV/LED/EB curable resins for the Asian market. This certification supports Arkema’s commitment to sustainability and … Read the full press release

Guangdong Guanhao High-Tech Secures Independence in Pulp Production with New ANDRITZ Partnership

(IN BRIEF) ANDRITZ will supply a new 400,000-ton annual capacity chemi-mechanical pulp production line to Zhanjiang China Paper Co., Ltd., a subsidiary of Guangdong Guanhao High-Tech in China. This new line will reduce the company’s reliance on market pulp, enhancing … Read the full press release

Rolls-Royce and Yuchai to Expand MTU Engine Production in China through Joint Venture

(IN BRIEF) Rolls-Royce and Yuchai Diesel are expanding their joint venture, MTU Yuchai Power, to increase production of Rolls-Royce’s mtu engines in China. The expansion will include more variants of the mtu Series 2000 and 4000 engines, with plans to … Read the full press release

Enhertu Gains Conditional Approval in China for Advanced HER2-Positive Gastric Cancer Treatment

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu has received conditional approval in China for treating locally advanced or metastatic HER2-positive gastric cancer, following promising results from the DESTINY-Gastric06 trial. This marks the third approval for Enhertu in China in less … Read the full press release

Unilever Sells Stake in Qinyuan Group to Yong Chao Venture Capital Co., Ltd.

(IN BRIEF) Unilever has sold its stake in Qinyuan Group, known for water purification solutions in China, to Yong Chao Venture Capital Co., Ltd. This move is part of Unilever’s Growth Action Plan to focus on higher-growth areas. Eduardo Campanella, … Read the full press release

OrionStar Robotics Achieves China’s First AI Management Certification

(IN BRIEF) SGS has awarded OrionStar Robotics with China’s first ISO/IEC 42001 certification for Artificial Intelligence Management Systems. This certification highlights OrionStar’s leadership in AI management, adherence to best practices, and commitment to data privacy and sustainability. The certification ceremony … Read the full press release

DHL Express Partners with Central Airlines to Enhance Cargo Operations

(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release

Andritz Wins Major Contract to Enhance Tissue Production for C&S Paper in China

(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from C&S Paper to supply two advanced PrimeLineCOMPACT tissue machines for their Suqian City mill in Jiangsu Province, China. These machines, with a capacity of 94 t/d each, … Read the full press release

Mutares Expands SFC Group with CIKAUTXO China Acquisition, Boosting Automotive Sector Presence

(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of CIKAUTXO Rubber & Plastic Components (Kunshan) Co., Ltd. (“Cikautxo China”) from CIKAUTXO S.COOP. This acquisition strengthens Mutares’ SFC Group under Amaneos, enhancing its global presence in plastic-based systems … Read the full press release

Vossloh Fastening Systems China Co. Ltd. Secures Major Contract for Chinese High-Speed Rail Project

(IN BRIEF) Vossloh, a key player in rail infrastructure solutions, has reinforced its foothold in the Chinese market with a significant contract awarded to its subsidiary, Vossloh Fastening Systems China Co. Ltd. The contract entails supplying rail fastening systems for … Read the full press release

Societe Generale and Envision Join Forces for Green Technology Advancements

(IN BRIEF) Societe Generale and Envision have inked a Memorandum of Understanding (MOU) aimed at driving forward the development of green technologies and optimizing the carbon footprint of businesses in line with global energy transition goals. The collaboration entails Societe … Read the full press release

Study Reveals Impact of Land Consolidation on Arthropod Diversity in Rice Fields

(IN BRIEF) A study published in the Journal of Applied Ecology, led by researchers from the University of Liverpool in collaboration with colleagues from the Netherlands and China, delves into the effects of land consolidation on arthropod diversity in rice … Read the full press release

ABB Expands Market Reach in China with Acquisition of Siemens’ Wiring Accessories Business

(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release

Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup

(IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO Tianshu Xin, … Read the full press release

Cotti Coffee Chooses Adyen’s Platform for Global Expansion and Enhanced Customer Experience

(IN BRIEF) Adyen, a leading financial technology platform, has partnered with Cotti Coffee to support the global coffee chain’s expansion into new international markets including Canada, Australia, Japan, Singapore, and the UAE. This strategic collaboration leverages Adyen’s single-platform solution to … Read the full press release

Meisheng Group Launches New ANDRITZ NeedlePunch Line for Synthetic Suede Production

(IN BRIEF) Meisheng Group has initiated operations of a new ANDRITZ needlepunch line at its facility in Shaoxing City, Zhejiang Province, enhancing its production capabilities to meet the rising demand for synthetic suede, especially in New Energy Vehicles (NEVs). This … Read the full press release

Infineon Partners with Xiaomi EV to Supply Silicon Carbide Power Modules for SU7 Electric Vehicles

(IN BRIEF) Infineon Technologies AG, a semiconductor leader, will provide silicon carbide (SiC) power modules and bare die products to Xiaomi EV for its SU7 electric vehicles until 2027. Infineon’s CoolSiC-based power modules offer superior performance, driving dynamics, and lifetime … Read the full press release

Ingka Group Expands Globally with New IKEA Store Openings in Switzerland and China

(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release

Munich Re Revamps Leadership Structure to Strengthen Regional Underwriting in Asia Pacific & Africa

(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release