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China is the World's largest importer of Softwood
2012-11-07 source own
In 2011 China became the world's largest importer of softwood and this is predicted to remain the same for 2012. One of the key factors for growth in demand for softwood in China is its booming housing market, which has generally developed due to population growth and the urbanization of China. It’s been estimated that there is a demand for 42 000 new homes each day in China and with only
World Bank Group’s New Strategy Supports Greener and More Inclusive Growth in China
2012-11-07 source http://www.worldbank.org
Knowledge sharing and cooperation are at the core of the new strategyWASHINGTON, November 6, 2012 - The World Bank Group’s Board of Directors today discussed a new Country Partnership Strategy (CPS) for the People’s Republic of China covering the Bank’s fiscal years 2013-2016. The Board endorsed the strategy's overall goals of helping China achieve greener growth, more inclusive development,
EIB backs South Africa’s first solar tower project
2012-11-07 source http://www.eib.org
The European Investment Bank, Europe’s long-term lending institution, has agreed to provide EUR 50 million for the Khi Solar One Project in South Africa. This is the first large concentrated solar power project in sub-Saharan Africa and one of the first private sector renewable energy projects in the country. The project will help SA meet it's renewable energy targets by increasing renewable ene
Swedish Trade Council issues fact pack on South Africa Energy Sector
2012-11-05 source own
The Swedish Trade Council, which aims to support and help Swedish companies grow internationally has issued a report on the Energy sector in South Africa. Outlined in the report are a General overview of the Energy Sector in South Africa, Economic overview of South Africa, Conclusions and Business opportunities, Doing business in South Africa and further information about the Swedish Trade Council
New distributor for Sandvik Construction in Southern Africa
2012-11-01 source own
Sandvik Construction is proud to announce that as of the 1 October, Pilot Crushtec is to be its new distributor for the Mobile Crushing and Screening product range throughout Southern Africa. Pilot Crushtec will not only be supplying a comprehensive range of Sandvik mobile equipment but will also be providing full aftermarket care, spare parts and dedicated customer service.Sandvik’s world leadi
Bric Nation’s rating agencies looking to go global
2012-11-01 source own
Rating agencies in China and Russia are looking to expand globally and challenge the world’s big 3 all US based Moodys, Standard & Poor and Fitch. Credit rating agencies are a very important way of determining how investments are made and in recent years the credit-ability of these agencies have been under the spotlight.Beijing Based Dagong Global Credit Rating recently announced a joint ven
Manufacturing in China increases in October
2012-11-01 source own
Manufacturing in China expanded in October for the first time in three months. During the period from July to September China went through its slowest economic expansion for three years.The slowdown in China’s economic growth is mostly due to a slowdown in its export markets and in particular China’s number one export market in Europe. China’s manufacturing growth is measured by using the Pu
Brazil and it's housing market
2012-10-31 source own
Brazil is a country with many riches, it has abundant natural resources and in recent years it has been going through rapid economic and industrial Development but one area it needs to greatly improve is its housing sector. Currently it's estimated that Brazil has a housing deficit of between 6 to 8 million units and as each year about 1.5 million households are created then an increase in the bui
World Bank India
2012-10-31 source http://www.worldbank.org
India – Himachal Pradesh State Roads Project [Additional Financing] Washington DC, October 25, 2012—The World Bank's Board of Executive Directors today approved the following project.IBRD Loan: US$61.7 millionTerms: Maturity = 18 years; Grace = 5 yearsProject ID: P130616Project Description: The objective of the project is to reduce transport costs and to improve traffic flows on priority
Metals and Minerals Mining in Russia
2012-10-30 source own
With the Oil and Gas Industry being so dominant in Russia it could be easily forgotten that Russia is a major player in the Mining of Metals and Minerals. Russia’s Metals mining industry is 2nd only to the Oil and Gas Industry in terms of production and overall export value. Unlike the Oil and Gas Industry in Russia the Mining of Metals and Metals production is dominated by Private companies wit
EasyJet to fly direct to Moscow from early 2013
2012-10-30 source own
UK low cost airline Easyjet has just announced that in early 2013 it will operate direct flights between London and Moscow – Russia. It’s also been widely reported that Ryanair is also exploring opportunities to develop routes into Russia with the transport Ministry of Russia receiving a request from the Irish Foreign Ministry to allow Ryanair to operate flights between the two countries. &nbs
New plant in Wujin Bosch Rexroth expanding presence in China
2012-10-30 source http://www.boschrexroth.com Photo provided by bosch rexroth
- Products tailored to local needs- Goal: balanced revenue distribution in the trade- Investment volume of about € 83 million.Bosch Rexroth has taken a new plant into operation in Wujin China, which employs approx.1,200 associates. In order to be able to react to the special regional requirements even faster, the local development activities will be bundled in an internal R&D center starting
Russia open to investment from international firms after the TNK-BP deal
2012-10-23 source own
With the recent deal agreed between BP and Russia’s Roneft’s Russia once again is looking open to foreign investment. The deal worth $56 billion in cash and shares sees Russia gain hold of a prized asset and at the same time send out clear signals that Russia is prepared to play fair with foreign capital and this goodwill will benefit all Russia industry. “To me it says, ‘We can do b
India will ramp up Coal production by 8%
2012-10-23 source own
The Coal industry dominates the mining sector in India and this is set to continue with the recent announcement that Coal India (CIL) will increase its production by 8% per annum over the next 5 years. The increase in Coal production in India is part of the 12th 5 year plan where by coal is seen as a solution to meet India’s growing Energy needs.CIL produced just under 436 million tons of Coal i
Mine Site Technologies Achieves GOST Certification
2012-10-23 source http://minesite.net
Mine Site Technologies, Sydney, N.S.W., Australia continues to make major investments in Eastern Europe and has successfully received GOST certification in Russia for both PED (Personal Emergency Device and ICCL Caplamp) and the ImPact Wi-Fi product suite. This certification opens the door for mines in Russia to use the PED and ImPact systems, which are considered to be two of the most reliable an
The rise of consumption in the Bric nations
2012-10-19 source own
In 2000 the Bric regions total consumption was $ 1.4 trillion dollars by 2010 it had risen by 260% to be worth $ 5.04 trillion dollars to put this into context the total consumption in 2010 in the US is $ 10.5 trillion, Europe $ 9.5 trillion and Japan $ 3 trillion. What is remarkable is the acceleration of growth in consumption during this 10 year period if this upward growth continues then by 202
China's exports surge in September
2012-10-14 source own
China has just announced improved Exports for September 2012 when compared to the same period in 2011. China's exports increased by 9.9% then from a year earlier. September exports were 2.7% up from August and were valued at over $ 180 billion dollars.China is the globes 2nd largest economy and by many analysis its expected to overtake the US by 2020.
The Renewable Energy Industry in the Bric Region
2012-10-13 source own
The Bric Region countries of Brazil, Russia, India, China and South Africa are amongst the fastest growing countries in the Renewable Energy Industry they have a combined total market value of $198 billion with an annual growth rate of 5.6% across the BricPartners they will continue to be market leaders for generations. Out of the 5 Bric Countries Brazil is the Renewable Energy market leader with
ABB wins $35 million order for next generation icebreaker in Russia’s Arctic
2012-10-12 source http://www.abb.com
Integrated propulsion and electrical systems to maximize performance and energy efficiency of icebreaker expected to operate in 2 meters of ice at minus 35 degrees Celsius.copyright notice "Photo: ABB." Zurich, Switzerland, October 1, 2012 – ABB, the leading power and automation technology group, recently won an order worth $35 million from the Baltic Shipyard Ltd. to supply powerful propul
ANDRITZ to supply two tissue machines with the world’s largest steel yankees to C&S Paper Yunfu, China.
2012-10-12 source http://www.andritz.com/group/gr-news/gr-news-detail.htm?id=23685
International technology Group ANDRITZ has received an order from C&S Paper Yunfu, Luoding, Guangdong Province, China, to supply two PrimeLineST tissue machines each with a steel yankee. Start-up is scheduled for the end of 2013.The tissue machines have a design speed of 1,900 m/min and a width of 5.56 m. The steel yankees have a diameter of 18 ft. and a shell length of 6.2 m, making them the
IMF releases its latest global growth forecasts
2012-10-10 source own
* World Growth is expected to increase by 3.3% for 2012 and by 3.6% for 2013.* The 5 Bric region countries Brazil, Russia, India, China and South Africa will have a combined growth of 4.18% for 2012 and for 2013 the Bric region is predicted to grow by 5.54%* Brazil will grow by 1.5% for 2012 and increase its growth for 2012 to 4%* Russia growth for 2012 is expected to be 3.7% and 3.8% for 2013* In
Latest Market news China's Poultry and Pork industry
2012-10-10 source own
*China’s Poultry Industry has been expanding by an average of 5.5% each year over the last 10 years and is expected to maintain and even increase this growth rate in the near future as the income levels in China’s population increases. *China increased its exports of Chicken meat and Chicken products to just over 190, 000 tons in the 1st half of 2012, the total value of these exports is
Overview of the Brazilian Poultry Industry
2012-10-04 source own
Brazil is the 3rd largest producer of Chicken meat in the world behind the US and its Bric Partner China. Brazil is the World’s leading exporter of Chicken products with a total of 18% of the Global Export trade. Brazil exported just under $ 7 billion worth of chicken meat for 2011 which was an increase of over 11% from 2010. Brazil has been the world’s largest exporter of chicken meat since 2
Poultry and Meat industry in the Bric Region
2012-10-01 source own
With the Economic development of the Bric region and the emergence of a growing middle class this is creating an ever growing market demand for meat and poultry products from the Bric's countries of Brazil, Russia, India, China and South Africa. The Bric countries are not only growing consumers of Meat and poultry products but leading Exporters as well. The Brics Region is becoming one of the most
China Car Industry in brief
2012-09-29 source own
In 2011 over 18 million cars were manufactured in China which was more then was manufactured in the entire European Union or more than the US and Japan combined . Of all the brands made 44% were local brands with China's Great Wall being the leading Brand made and sold in China. In 2011 there were over 100 million cars registered in China and by 2020 it's expected that there will be over 200 milli
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