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China’s Investment in Renewable Energy Increasing
2013-07-31 source own
In China’s 12th five-year plan for 2011-15 the renewable energy industry was highlighted as a priority sector for growth and investment. Overall investment in the renewable energy industry in China is expected t be worth over $ 295 billion USD over the 2011-15 with additional investment of $ 375 billion USD being spent on technology for reduction of emissions and energy saving technology.
Medical Technology and the Healthcare Market in the BRICS Region
2013-07-30 source own
The BRICS region, which groups together the countries of Brazil, Russia, India, China and South Africa, offers great opportunities for manufacturers and suppliers of medical technology and services with increasing demand in the BRICS nations. A key factor for growth is a growing population with a rising middle class who, with their increasing affluence, demand better quality medical care. New gove
Alfa Laval agitators improve quality assurance at liquid milk processing plant
2013-07-22 source http://www.alfalaval.com
One of China’s largest milk and milk powder producers with annual sales of RMB 1.8 billion in liquid milk faced challenges associated with aging tank equipment at one of its liquid milk plants. After reviewing proposals from tank equipment suppliers, dairy management selected Alfa Laval to install new agitators throughout the dairy to improve quality assurance, safety and hygiene, increase energ
EBRD:Russia country assessment
2013-07-22 source http://www.ebrd.com
The Russian economy is beginning to be affected by the global economic slow-down through falling export demand and weaker investor and consumer confidence. Output grew by 4.3 per cent in both 2010 and 2011, aided by expansionary fiscal policies, high oil prices and associated services sector growth. However, as eurozone developments started to affect the Russian economy from the end of 2011, indus
China: Auto sales in China increased by 12.2% for the first 2 quarters of 2013.
2013-07-22 source own
If VW’s two leading subsidies in China Shanghai Volkswagen and FAW- Volkswagen were combined then it would be the leading selling brand so far in 2013 with sales of over 1.5 million vehicles already. As a single standalone brand then General Motors is the top seller for 2013. Korea’s Hyundai is 3rd, Japanese Nissan 4th and French Auto manufacture Citroen in 5th place. All of these Intern
Growth in Russia's agriculture industry
2013-07-02 source http://www.ibeka.ru/news
In almost all areas of agriculture Russia has been an increase performance and an increase in output, said Agriculture Minister Yelena Skrinnik on Saturday at a meeting with Russian Prime Minister Vladimir Putin.Responding to a question, what about the harvest, she said that over the past six months, "according to the common indicators in the framework of the state program we are having a positive
Mining construction investment activity moves towards Eastern Siberia
2013-06-26 source http://www.stepcon.ru
STEP has conducted an analysis of the mining enterprise construction market.According to the study, there are 12 ferrous metal industrial holding groups in Russia, 10 large non-ferrous and 10 large precious metals enterprises.New non-ferrous metals deposits are being actively developed and the areas for the extraction of precious metals are concentrated in the east of Russia. The share of ferrous
Expansion of the pressed car parts production plant
2013-06-26 source http://www.stepcon.ru
STEP General Contractor has started work at expanding the Gestamp Severstal Vsevolozhsk factory for automobile parts manufacturing. The client’s production plant will be expanded by more than one third in the first quarter of 2012 – to 23,000 sq. m., which in turn will allow the company to increase its annual production volume by a third as well.STEP General Contractor signed a contract with G
Russia’s Rosneft in $270 billon deal to supply it’s BricPartner China with Oil
2013-06-22 source own
Rosneft the Russian state Oil company has just agreed to double its oil supplies over the next 25 years to China in a deal estimated to be worth $ 270 billion. Rosneft will supply 30,000 barrels of Oil a day starting from 2015.With this deal its further proof that Russia is starting to see Asia as its first choice business Partner and not Europe. At the moment Russia is the world’s 2nd largest e
Japan leading supplier of Mining technology to China
2013-06-20 source ownEveryone is aware of China’s manufacturing might but for its mining sector it still relies heavily on imports for most high-end and advanced mining technology products relating to production efficiency, quality, environmental protection and safety rely on imports from countries such as Japan, Germany and the US. Mining equipment parts are the leading mining equipment import and represen
The BRICS: Locating the Economic Shift
2013-06-20 source own
Living in the age of advanced technology, while connecting ideas and thoughts within a global network, one seldom realizes the implications that are produced. For instance, consider the economic shift on a global scale. Every nation that has an urge towards its economic development knows the ground rules of the current age, i.e., to be alone is to perish. Connections and networking rule the presen
China Southern Airlines Makes Traveling Easier with NCR Technology and Services
2013-06-19 source http://www.ncr.com/newsroom/resources/china-southern-cuss
Carrier adding new NCR TouchPort™ check-in kiosks at domestic hub airportsDuluth, Ga., June 4, 2013 – China Southern Airlines (“China Southern”) is making everyday easier for its passengers at key domestic hub airports with the addition of a complete self-service airport check-in solution from NCR Corporation (NYSE:NCR). NCR TouchPort kiosks have been deployed at 10 key domestic hub airpor
Sandvik Construction supply drilling equipment and tools for Brazilian hydroelectric plant
2013-06-19 source own
As part of its energy from renewable source strategy, the Brazilian government is planning to build 10 hydroelectric power stations that will possess a combined generating capacity of close to 4,000 Mega Watts .The largest of these, Teles Pires, is located near the town of Paranaita, and when fully operational in 2015 will possess a total generating capacity of 1,820 MW. The hydroelectric project
Sulzer Metco Opens a New Production and Service Plant in China
2013-06-19 source http://www.sulzer.com
At the end of April, Sulzer Metco celebrated the opening of its new 12,000 m² plant in Anting, the automotive hub in the north of Shanghai. This new facility supports Sulzer Metco to serve its continuously growing customer base in China more efficiently.Strong market growth, particularly in the transportation and power generation sectors, had caused Sulzer Metco Shanghai to outgrow its first and
Construction begins for Wärtsilä’s joint venture company’s new production facilities in China
2013-06-18 source http://www.wartsila.com
Wärtsilä Yuchai Engine Co., Ltd, the joint venture owned 50/50 by Wärtsilä and Yuchai Marine Power Co. Ltd., today began construction of its new production facilities with a groundbreaking ceremony in Zhuhai City, Guangdong Province of China.The agreement to establish the joint venture was signed in December 2012. The company will manufacture medium-speed marine engines to serve the increasing
China the leading user of selective catalytic reduction technology
2013-06-18 source own
China will be developing over 45, 000 MW of new coal-fired boilers per year over the next 7 years, with most of them using Selective catalytic reduction (SCR) technology. Once the new coal fired power plants are online China will have a total capacity of 1,100 GW.World wide SCR technology use in coal fired power plants is more than 450 000 MW with East Asia accounting for 50% and China the largest
Samsung Galaxy S4 enjoys record sales in Russia
2013-06-11 source http://rbth.ru/business
Samsung's new flagship Smartphone, Galaxy S4, was released in Russia three days ahead of the U.S. release. In the first several days of sales, over 15,000 Galaxy S4 handsets have been sold. Since its official release on April 26, Samsung's new Smartphone, Galaxy S4, has been enjoying record-breaking sales in Russia. According to Mobile Research Group, in the first three days, over 15,000 handsets
Amazon launches in India
2013-06-11 source ownAmazon has launched its first shopping website targeting India, initially it will offer books, films and TV shows and hopefully expanding to cell phones and cameras in the near future. Amazon is restricted to selling through through its third party retailers model which is a familiar concept to the Indian marketplace. Amazon can sell and stock its own products because government legislation in Ind
Russia has the world's largest reserves of Shale gas
2013-06-11 source ownIn a recent report on Global shale resources Russia has the largest proven reserves of Shale oil at 75 billion barrels with its Bric Partner China 3rd behind the US with 32 billion barrels of shale gas reserves.In the report by the US Department of Energy it estimated that there is 345 billion barrels technically recoverable in the 42 countries it surveyed. It's estimated that at current con
Danfoss signs record-setting commercial agreement for its district energy business in China
2013-05-31 source http://www.danfoss.com
Danfoss and the city of Anshan have confirmed their historic cooperation to help Anshan become a world-leading city for district heating.Following a year of detailed planning, Danfoss has signed a milestone contract with its long-term partners in the city of Anshan. Under the agreement, Danfoss will deploy a comprehensive district heating solution to the city of Anshan with a total value in the hu
Bosch looking to expand in Russia
2013-05-31 source own
Leading German Industrial Group Bosch is expecting to expand sales in Russia through the growing Russian auto market and large sporting events such as the Winter Olympics in 2014 and the World cup in 2018.Russia is ranked the 6th largest Automotive market in the world with 20% of global auto sales expected to come from Russia by 2015. Bosch is planning to build a € 50 billion euro plan
Switzerland announces Free Trade Deal with China
2013-05-30 source own
Switzerland and China have announced a free trade agreement between the two countries. This is the first such free trade partner deal between China and a European country. The general terms of the deal will mean 84% of Swiss exports to China will be exempt from custom duty and many exports to Switzerland of China made industrial goods such as textiles, auto parts and metal goods will be exempt fro
Economic engagement with emerging countries key to Europe’s growth — Lamy
2013-05-21 source http://www.wto.org
Director-General Pascal Lamy, in a speech to Institute Notre Europe in Brussels on 15 May 2013, said that “90% of the growth addressed to the European Union in the next ten years will originate outside Europe…an increased economic engagement with middle and global powers, and in particular emerging countries, will be a key lever for Europe’s growth”. This is what he said:“Engaging with M
Metso signs its largest ever services agreement with Russian Copper Company
2013-05-21 source http://www.metso.com source for article and images
Metso’s complete services offering now also includes grinding media Metso has agreed to a six and a half year life-cycle services contract with ZAO Russian Copper Company (RMK), for their Mikheevsky copper concentrator in the Chelyabinskya region in southwestern Russia. The contract encompasses a total comminution solution from process assistance to complete maintenance services which
US Mining equipment manufacturers are increasing market share in Russia
2013-05-21 source own
US Mining Technology manufactures are experiencing healthy growth in exports to Russia, with US Congress voting to agree Permanent Normal Trade Relations (PNTR) with Russia and Russia Joining the World Trade Organization (WTO) this is creating opportunities for mining equipment manufactures to export to Russia. Russia is the world’s largest country it’s also one the richest mining areas
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