global financial crisis

Jun 15th, 2010

There Were no Dramatic Changes on the Austrian Nuts and Kernels Market in 2008

In 2008 despite the worsening economical situation, there were no dramatic changes on the Austrian consumer market, Nuts and Kernels Market included. As for most products, purchasing power remained at the level of the preceding year. There has been a moderate increase of consumer goods and services prices with a clear trend of its enhancing. Starting with...

Mar 17th, 2010

ENERGY-LATIN AMERICA: Moving Towards Renewables

BUENOS AIRES - Argentina is building its first solar energy park in the northwestern province of San Juan. The project calls for the manufacture of photovoltaic panels to supply the rest of the country and the other member countries of the Southern Common Market (Mercosur). In Mexico, meanwhile, plans are under way to achieve 25 percent...

Jan 8th, 2009

The Next 20 Years China Is Expected To Become The World’s Largest Market For Dow

Andrew N. Liveris, Dow Chemical’s chairman and chief CEO, believes that China will become the world’s second-largest market for Dow in the nearest future; moreover in the next 20 years China will turn into Dow’s world largest market. Today, China has the third largest market after the United States and Germany which take the first and...

Dec 29th, 2008

Lanxess Adjusts Its Investment Plans To Minimize The Impact Of The Global Economic Crisis

The world’s leading specialty chemicals group Lanxess is to take further initiatives to minimize the impact of the current global economic crisis. ” LANXESS Management Board Chairman, Dr. He Deman said: “We see that the global market demand for chemicals is down, in view of this, the company is to postpone some investment plans. In...

Dec 29th, 2008

Next Year Oil Prices May Be Kept At 45-60 U.S. Dollar/Barrel

According to “Business Standard” report on the 21st December, studying the oil issue analysts have recently said that due to the economic recession sweeping through the world trend of reduced demand, the crude oil price is likely to remain at 45-60 U.S. dollar/barrel in 2009. Last week the oil price dropped by 27%, the biggest drop...

Dec 29th, 2008

Chief Tax To Be More Cost-Thin

The National Development and Reform Commission deals with the economic situation in and starts trillion in investment as the deployment is an important step up to the development of iron and steel, automobiles, ships, petrochemicals and so on; nine key industries are planned to revive. The Planning will be put in the form of high-profile...

Dec 16th, 2008

In The Global Financial Crisis Xinan Chemical Industry Starts A Series Of Expansion

The most difficult times often breed the best development opportunities. In the face of the global financial crisis, when some enterprises wait-and-see, Zhejiang Xinan Chemical Industry Group Co. Ltd. struggles and creates glyphosate and organic silicon industries. A few days ago, the company and the world’s second-largest producer of silicone, “high-step map material”, started the joint...