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Sinopec green dresses to increase oil processing at Zhenhai refinery Sinopec green dresses to increase oil processing at Zhenhai refinery
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Sinopec to increase oil processing at Zhenhai refineryPublished: 08 Jul 2009 23:57:15 PSTTop 5 News From ChinaKnowledge.comBOC International plans to launch RMB 1-bln PE fundSPG Land acquires land in Taiyuan for RMB 275 mlnChina encourages banks to lower risk by using syndicated loansShanghai: 1st choice for luxury shopping in ChinaChina Eastern eyes more market share in BeijingJul. 9, 2009 (China Knowledge) – China Petroleum & Chemical Corp (Sinopec)<600028><0386><SNP>, a subsidiary of China Petrochemical Corp (Sinopec Group), intends to increase the crude oil processing volume at Zhenhai refinery, which is located in Ningbo City, Zhejiang Province, to 1.6 million tons in July, sources reported.According Dow Jones Newswires, the refinery’s processing capacity will swell to 376,800 barrels per day (bpd) this month, up 6.8% from 352,800 bpd last month. Its operating rate will be 94%. Reportedly, an oilfield project in which Sinopec holds a 25.1% stake and in which Russia-based Rosneft holds the remaining 74.9%, started drilling on Jul. 8. Transocean Shelf Explorer is in charge of the oil and gas exploration for the oilfield, which is located in the Pacific Ocean. Sinopec and Germany-based BASF AG will jointly invest US$1.4 billion to expand their petrochemical complex in Nanjing in eastern China. The new investment is 40% more than originally budgeted for the expansion project, China Knowledge reported earlier. Copyright © 2009 http://www.chinaknowledge.com纯水设备 Aloe vera 弹簧 门禁 翻译公司 FX 初心者 クレジットカード 現金化 比較 北京翻译公司

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Fresh facePublished: 27 Oct 2009 17:02:01 PSTAge-old homemade cosmetic products are making a come back. Photo:CFPBy Tu Lei China’s domestic cosmetics industry has hopes for a new appearance after years of being a "second sister" to foreign brands.Over the past two years, homegrown makeup has gained popularity thanks to websites and shops, sparking a revival.Googling "homemade cosmetic products forum" turns up 199,000 results, and one in particular, Douban, is a social networking-type website that attracts thousands of fans who discuss and advocate China-made goods and share their experiences.Bao Xiaohe, a 25-year-old website employee in Beijing, is typical. She said she likes to buy Herborist, a cosmetic brand made by Shanghai Jwaha, "because it’s inexpensive and has good quality," compared with other world leading brands.Another Beijing resident, Cui Xiaolin who has been selling domestic cosmetics on Taobao, "China’s eBay," said her buyers are from home and abroad and that some foreigners traveling in China are also her customers.Besides websites, the Chinese face paints, lotions and potions are finding new markets in other ways.In October, Xiefuchun, a 179-year-old cosmetic brand in Jiangsu Province, reached an agreement with Wal-mart for the products to be sold in around 150 malls. Kongfengchun, a 147-year-old cosmetic maker based in Hangzhou, Zhejiang Province has opened more than 70 shops in Zhejiang since last year, and Beijing-based Miqi which had a strong export market in Japan is now finding success at home.Shanghai Jahwa, a leading cosmetic producer with the Liushen, Maxam, and Herborist brands, saw a net profit of 145 million yuan ($21.23 million) or up 35.62 percent year on year, and the sales income grew 13.3 percent year on year.The small upsurge in domestic cosmetics began in 2006 when some foreign brands were found to have quality problems, said Gu Jun, a marketing expert from China Commerce Association for General Merchandise.In September 2006, Japan-based SK-II was tested and found to contain some unapproved substances in its popular skin care range, followed by other leading world brands such as Clinique, Lancome, Dior and Estee Lauder which were also said to have prohibited substances.The central government has also encouraged the growth of homemade products, said experts.In 2008, several ministries issued rules to promote the development of "time-honored shops and brands," and encouraged them to expand financing channels and seek listings, Xiao Mingchao, deputy general manager of Sinomonitor International, told the Global Times.Obstacles But despite increasing sales volumes, the cosmetics market of domestic producers is still small compared with that of international enterprises, and experts said it is still too early to say a complete makeover has been achieved.For example, Maxam, China’s best selling domestic hand cream, has recorded sales of over 300 million yuan ($43.93 million) for several years, and an annual growth of more than 10 percent from last year. But compared with foreign counterparts, the sales are quite small.Beijing-based CCID Consulting recently predicted that the cosmetics market is expected to hit 200 billion yuan ($29.29 billion) by 2009, and the foreign brands occupy more than 70 percent of the makeup counter. Their domestic counterparts are largely scattered around the medium and low-end markets.The gross margin for low-end cosmetics is no more than 15 percent, compared with 50 to 80 percent for high-end makeup. In other words, 80 percent of the profits are gained by international brands, reported Nanfang Metropolis News.In a Wu-mart store by Beijing’s North Fourth Ring RoaXP系统下载 电磁流量计 弹簧 lithium polymer 冷热冲击试验箱 monolithic refractories 深圳装修 风机

Carlyle android tablet Group selling 110 villas in Shanghai Carlyle android tablet Group selling 110 villas in Shanghai
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Carlyle Group selling 110 villas in ShanghaiPublished: 03 Mar 2009 00:00:00 PSTMar. 3, 2009 (China Knowledge) – Carlyle Group, a global private equity investment firm based in Washington D.C., is selling 110 villas in Shanghai, sources reported.The group, which has more than US$91.5 billion of equity capital under management, purchased the villas for US$120 million in 2007. The villas, each cost Carlyle Group around RMB 9.5 million taking into consideration of the interest rate and tax factors, is now selling for RMB 9 million each. Judging by this price, the group will lose RMB 55 million when all the villas are sold. The group has sold about 10 villas so far. Carlyle Group has 64 funds in four investment disciplines: buyouts, growth capital, real estate and leveraged finance.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News净化工程 电磁流量计 ツーショットダイヤル lithium battery 联轴器 refractories china 深圳罗湖搬家 超声波清洗机

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Little Swan to launch new washing machine plant in WuxiPublished: 28 Oct 2009 01:26:46 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketOct. 28, 2009 (China Knowledge) – Wuxi Little Swan<000418>, a Jiangsu-based washing machine maker, will hold an opening ceremony for its new facilities in Wuxi New District tomorrow, sources reported.The new facilities, which cost RMB 550 million, will be able to output 4.1 million washing machines.Wuxi Little Swan said in a statement filed with the Shenzhen Stock Exchange that it will invest an additional RMB 100 million in the facility, which currently has a floor area of 240,000 square meters.It is expected that Wuxi Little Swan will ultimately have 10 washing machine production lines, together capable of producing 5 million high-end washing machines per year.The firm’s total revenue for the third quarter of this year was nearly RMB 1.02 billon, up 1.55% year on year, whereas its net profit jumped 46.24% year on year to RMB 68.46 million during the period, according to sources.Copyright © 2009 http://www.chinaknowledge.com网络电话 滤油机 テレクラ lithium 3.6V battery lipo battery launch x431 diagun 乳化机 超声波