Archives :: Regions :: China
July 1, 2011
For a little over two decades now, China’s rise in the chemical process industries (CPI) has often appeared to outsiders like a runaway reaction. Low wages, a very low-valued currency and certain government policies have provided the perfect migration spot for jobs, contracts and intellectual property that had previously been sheltered in developed nations. According to analysts, however...
July 1, 2010
When it first became a player in the global chemical process industries (CPI), China was framed purely as an opportunity for reducing the costs to produce goods that are consumed elsewhere. More recently, the picture has broadened to include a burgeoning demand for products to be consumed within China by its own increasingly prosperous population. For CPI stakeholders in developed nations, the positive...
September 15, 2008
Even before visitors to the 2008 Olympic games left Beijing and the athletes vacated the Olympic village last month, mainstream media and analysts were drawing parallels to an expected exodus of foreign participation in China’s manufacturing sector. In an entry on MSNBC’s World Blog (www.worldblog.msnbc.msn.com), NBC News correspondent, Ian Williams likened the nation’s next economic...
August 14, 2008
The Institution of Chemical Engineers (London; IChemE) has announced plans to establish a greater presence in China, following the appointment of Dr. Yan Tsaur as the country’s first IChemE Operations Director. Professor Richard Darton, IChemE President, outlined the Institution’s Chinese strategy in his speech at the Asia Pacific Confederation of Chemical Engineers meeting last week...
May 28, 2008
AkzoNobel Functional Chemicals (Amersfoort, Netherlands; www.akzonobel.com) is relocating the headquarters of its chelates business from the Netherlands to China. The move has been prompted by the growing importance of the Asian market. “It is extremely important for us to be in close proximity to our customers in China and the Asia Pacific region,” explains Functional Chemicals general manager...
March 19, 2008
BASF AG (Ludwigshafen, Germany; www.basf.com) and China Petroleum & Chemical Corp. (Sinopec; Beijing, China; www.sinopec.com.cn) have submitted the technical and commercial feasibility study for the approval of the planned $900-million expansion of their joint chemical Verbund site in Nanjing to the Chinese government. The site is operated by the joint venture BASF-YPC Co...
March 15, 2008
Despite challenges created by a building frenzy in the Middle East and Asia, E&C firms continue to deliver new chemical facilities around the world Anyone with an ear to the door of the chemical process industries (CPI) knows that the rising cost of raw materials is forcing processors to chase the cheap feedstocks. The relatively low price of oil and natural gas is making plant investments in the...
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