Tuesday, 16-Jun-09

China revises Albemarle’s global balance

Sun

GUANGZHOU (June 16, 2009) -- Breakthrough growth in China, combined with a downturn in other regions, is making the Chinese market more important than ever on Albemarle Corp.’s global roadmap. Sales generated in China will make up for nearly a quarter of the U.S.-based company’s 2009 global sales, a substantial jump from 5 percent in 2008, according to John Sun, Greater China managing director. During a recent interview at the Cross-Strait Plastics Industry Summit 2009 in Guangzhou, he told Plastics News that the breakthrough’s relatively short time period was made possible partly by supplying polymer curative to China’s government-funded, high-speed railway projects.

Monday, 08-Jun-09

Sichuan reconstruction craves building materials

Building materials on display

GUANGHZOU (June 9, 2009) -- The demand for plastic products created by post-earthquake reconstruction projects in Sichuan province can be measured by these goals: In the next three years, the province plans to rebuild 51,000 kilometers of road, 5,500 kilometers of railroad lines, 17,000 schools, 9,700 medical facilities, 5,300 kilometers of gas pipeline, and 6,970 kilometers of water supply pipeline. In addition to the 1.7 trillion yuan reconstruction projects, the provincial government will invest 3 trillion yuan on industrial development.

Public projects boost China’s wood-plastic industry

Wood-plastic composite products

GUANGZHOU (June 9, 2009) -- Despite the decline of overseas markets, China’s largely export-oriented wood-plastic composite manufacturers continue to expand, thanks to demand from domestic public projects such as post-earthquake reconstruction and China-hosted international events. For instance, Anhui Guofeng Wood-plastic Science & Technology Co. Ltd. confirmed that export demand has been contracting due to the global economic crisis. Meantime, domestic consumers have become more aware of wood-plastic composite materials.

Monday, 01-Jun-09

Amid global slump, Rhodia debuts nylon at Chinaplas
GUANGZHOU (June 2, 2009) -- At a news conference held during Chinaplas, Rhodia Polyamide introduced a new nylon 6/6 technology aimed at applications requiring strength and durability -- a move that fits in with the company’s revised strategy in the face of the financial crisis.

Resin makers realizing China’s import potential

Hanck

GUANGZHOU (June 2, 2009) -- Just a few years ago, China was mainly a cheap export base, where products were made and sent elsewhere around the world. These days, the reverse is increasingly true: China’s growing domestic market is attracting more attention, particularly from global resin makers. “There is real demand in the domestic China market,” said Hong Kong-based Philippe Hanck of DuPont’s engineering polymers unit. He said DuPont has seen a tangible effect from China’s government stimulus spending in automotive, rail, mobile phones and renewable energy.

Tuesday, 26-May-09

Ashland Distribution continues to grow in China
GUANGZHOU (May 26, 2009) -- After weathering a difficult first year in China, Ashland Distribution arrived at Chinaplas 2009 last week with a growing list of distribution agreements in the region. In an economic downturn, a company official said, there are some advantages to being a new arrival.

Sunday, 10-May-09

DuPont opens Shanghai technical center for solar energy
SHANGHAI (May 12, 2009) -- DuPont Co. has opened a technical center for the solar energy market at its Shanghai research and development center, and said it expects growth in China’s crystalline silicone photovoltaic solar power system manufacturers. “China is a key market for DuPont and will remain so, in spite of the global recession,” said Douglas Muzyka, president of DuPont Greater China.

Game on for sustainable performance after Olympics
LONDON (May 12, 2009) -- The Commission for a Sustainable London 2012, the watchdog overseeing the sustainability performance of the London 2012 Olympic Games, has announced its annual review. In its report, the commission provides a comprehensive evaluation of the potential to deliver sustainable games and leave a lasting legacy.

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