Home Tags China

China

US tariffs expected to have “negligible impact on plastics industry”

The US has slapped 25 per cent tariffs on $16 billion-worth of Chinese goods, including chemicals, but they are expected to have negligible impact...

PepsiCo in $100m Chinese chip investment

A $100m investment has been made by PepsiCo that will renovate a potato chip manufacturing factory in Shanghai, China. At the Songjiang plant, the investment...

BASF targets Guangdong for largest Verbund site

BASF is investigating the possibility of building a highly-integrated ‘Verbund’ chemical production site in the South Chinese province of Guangdong. The Verbund site in Guangdong...

Slack global demand for BOPET film, claims report

Slack global demand and a lack of new investment has created a challenging market for BOPET film, a $12.5 billion industry dominated by suppliers...

Nestlé sells majority stake in China plant

Nestlé is offloading a 95 per cent stake in a factory in northern China that manufactures raw milk powder. Longhua Zhongchen Enterprise Management Consulting Centre,...

UK dairy firm invests $113m in Cornish factory

Dairy Crest plans to invest £85 million ($113m) in the expansion of a cheese factory in Cornwall, UK, in order to deal with overseas...

Polyethylene demand doubles but demands on it rise too

In the wake of a global campaign to reduce single-use plastics and create plastics- free aisles in supermarkets, IHS Markit has predicted that demand for...

NPE 2018 – WINTEC makes “huge step” into the Americas

"Moving into the Americas is a huge step for the entire WINTEC team", said Dr Stefan Engleder, chief executive of parent company Engel Group,...

Engel grows in Asia

Engel has completed the largest investment programme in the company’s history in China. The existing office building in Shanghai was lengthened to add an extra...

Clariant shows growth in first quarter 2018

Specialty chemicals group Clariant, has reported a seven per cent rise in first quarter sales to CHF 1.7 billion ($1.8bn) from CHF 1.6bn (US$1.6bn)...