Tag Archives: CHINA

ZF Unveils Innovative Mobility Solutions at ‘Next Generation Mobility Days’ in Shanghai

(IN BRIEF) ZF, the technology company, showcased its cutting-edge technology portfolio to over 600 representatives from around 40 Chinese automobile manufacturers during its “Next Generation Mobility Days” event in Shanghai. The event featured driving demonstrations and technical discussions, where customers … Read the full press release

Maersk’s Omnichannel-Fulfillment Powers Double Eleven Retail Success with 8.15 Million Orders Processed

(IN BRIEF) Maersk, a global leader in integrated logistics, has showcased its Omnichannel-Fulfillment (OCF) capabilities during China’s Singles Day (Double Eleven) shopping festival, supporting 56 key clients across 16 OCF sites in China. Maersk’s team successfully managed 8.15 million outbound … Read the full press release

Arkema Showcases Sustainable Coating Solutions at Chinacoat 2023

(IN BRIEF) Arkema, a global leader in specialty materials, is set to exhibit its innovative and sustainable coating solutions at Chinacoat 2023 in the Shanghai New International Expo Centre (SNIEC) from November 15th to 17th. The company is committed to … Read the full press release

Will Semiconductor Lists GDRs on SIX Swiss Exchange, Raising Nearly $445 Million

(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX Swiss Exchange. The offering involved 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with each GDR representing … Read the full press release

Leading Pulp Producer Södra and Lenzing Win ITMF Award for Circular Textile Innovations

(IN BRIEF) The Lenzing Group and Swedish pulp producer Södra have received the ITMF Award 2023 in the “International Cooperation” category for their collaborative efforts in textile recycling and the circular economy. This recognition was presented at the ITMF Annual … Read the full press release

Metso Secures EUR 13 Million Orders for Anode Casting Shops from Copper Producers in Japan and China

(IN BRIEF) Metso has announced that it has received orders for three Outotec Anode Casting Shops from significant copper producers in Japan and China, with a total order value of EUR 13 million. These orders further strengthen Metso’s position as … Read the full press release

ViiV Healthcare Receives Chinese Approval for Long-Acting HIV Treatment Vocabria and Rekambys

(IN BRIEF) ViiV Healthcare has received approval from China’s National Medical Products Administration (NMPA) for Vocabria (cabotegravir) in combination with Rekambys (rilpivirine), marking the first complete long-acting HIV-1 injectable treatment in China. This approval allows people living with HIV in … Read the full press release

Arkema Doubles Capacity for Sartomer® UV/LED Curing Resins in Nansha Facility Expansion in China

(IN BRIEF) Arkema has commenced production of Sartomer® specialty UV/LED curing resins at its recently expanded facility in Nansha, China, effectively doubling its production capacity. This expansion aims to support the development of sustainable solutions for rapidly growing applications in … Read the full press release

AstraZeneca: Soliris Gains Approval in China for Rare Neuromyelitis Optica Spectrum Disorder (NMOSD) Treatment

(IN BRIEF) Soliris (eculizumab) has received approval in China for the treatment of adult patients with neuromyelitis optica spectrum disorder (NMOSD) who are anti-aquaporin-4 (AQP4) antibody positive (Ab+). This makes Soliris the first and only complement inhibitor approved for NMOSD … Read the full press release

Yueyang Forest & Paper to Achieve Sustainability Goals with ANDRITZ Fiberline Project

(IN BRIEF) ANDRITZ, a global technology group, is relocating and upgrading a fiberline for Yueyang Forest & Paper to produce premium-quality fibers for its advanced paper machine. Originally supplied in 2011, the fiberline will now be moved to Yueyang city, … Read the full press release

GSK Forms Exclusive Partnership with Zhifei to Promote Shingrix Vaccine in China

(IN BRIEF) GSK plc has announced an exclusive agreement with Chongqing Zhifei Biological Products, Ltd. (Zhifei) to co-promote GSK’s shingles vaccine, Shingrix, in China for an initial three-year period, with the potential for extension. Zhifei, China’s largest vaccine company by … Read the full press release

Arkema Invests €50 Million to Boost Organic Peroxide Production for Renewable Energy Initiatives in China

(IN BRIEF) Arkema, a global leader in specialty chemicals, has announced a substantial €50 million investment to expand its organic peroxide production capacities at its Changshu site in China. This strategic move, which is part of the company’s global expansion … Read the full press release

Evonik Expands Precious Metal Powder Catalyst Plant in Shanghai to Meet Growing Demand

(IN BRIEF) Evonik Industries has successfully relocated and expanded its precious metal powder catalyst plant in the Shanghai Chemical Industrial Park (SCIP). Production at the new facility is set to commence in the fourth quarter of 2023. The expanded plant … Read the full press release

BASF Secures Renewable Electricity Supply for Zhanjiang Site Through 25-Year Agreement with SPIC

(IN BRIEF) BASF has signed a 25-year power purchase agreement (PPA) with the State Power Investment Corporation (SPIC) to buy renewable electricity for its Zhanjiang Verbund site in Guangdong province, China. This PPA is part of BASF’s commitment to securing … Read the full press release

ABS Production in Tianjin: INEOS and SINOPEC’s New Joint Venture Takes Shape

(IN BRIEF) INEOS and SINOPEC have signed a shareholder agreement to establish a 50:50 joint venture for the construction of a new ABS (Acrylonitrile Butadiene Styrene) plant in Tianjin, China. The plant, utilizing INEOS’ Terluran® ABS technology, will have a … Read the full press release

BASF Commences Construction of Innovative Syngas Plant in China for Enhanced Sustainability

(IN BRIEF) BASF has initiated the construction of a groundbreaking syngas plant at its Verbund site in Zhanjiang, China. This large-scale facility, slated to begin operation in 2025, stands out due to its unique process concepts designed to minimize carbon … Read the full press release

University of Dundee Representatives Embrace Educational and Cultural Exchange at SWUFE in China

(IN BRIEF) Representatives from the University of Dundee attended Southwestern University of Finance and Economics (SWUFE) in China, engaging in a two-week program involving lectures on business, finance, economics, and broader topics like international trade, cultural differences, and COVID recovery. … Read the full press release

Voith Achieves Record-Breaking Start-Up of XcelLine Packaging Paper Machine in China

(IN BRIEF) Sichuan Huaqiao Fenghuang Paper successfully initiated its high-efficiency XcelLine packaging paper machine at the Guanghan site, with Voith as the full-line supplier for the project. The start-up set a record for the fastest initiation of such a paper … Read the full press release

BASF and Huntsman to Separate Joint MDI Production in China to Enhance Operations and Serve Growing Customer Demand

(IN BRIEF) BASF and Huntsman, along with their Chinese partner companies, announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC). Going forward, they will operate two MDI plants at the site … Read the full press release

Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China

(IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in … Read the full press release