Air Products and Sinopec Form Joint Venture to Serve Nanjing Market in China
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LEHIGH VALLEY, Pa., Dec. 19  /PRNewswire-FirstCall/ -- Air Products , a globally diversified gases and chemicals company, today announced plans to form a joint venture (JV) company with Nanjing Chemical Industries Co. Ltd.
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The European company Airbus and a Geneva-based information technology firm, SITA, said they had set up a joint venture to make mobile telephone services available for passengers during flights.
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Shanghai, a financial and economic center of China, pledged to build itself into an air transport hub for Asia and Pacific region and a key link in the world&#39;s aviation network
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Asia's top oil refiner, state-run Sinopec Corp., said on Monday its second-quarter net profit almost doubled as China's fast-growing economy consumed more fuel and crude oil prices climbed.
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Dentsu Inc, Japan's biggest advertising  firm, said on Tuesday it plans to set up an Internet  advertising joint venture in Beijing with Focus Media Holding  Ltd to tap China's booming market.
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HONG KONG: Air China Ltd raised US$1.072bil after pricing its Hong Kong and London initial public offerings towards the top of an indicated range amid strong demand, sources close to the deal said yesterday.
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Chinese state-owned Sinosteel Corp. has signed a strategic cooperation memorandum with JPMorgan Securities (Asia, Pacific) Ltd. Corp. to help it explore opportunities in the mining and smelting sector, Xinhua Net reported on Sunday.
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Google and SINA team up in a Chinese search partnership.
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China signed a $1.3 billion deal to buy Airbus SAS jetliners on Monday as German Chancellor Gerhard Schroeder began a visit that was expected to include talks on Beijing&#39;s desire for Europe to end a ban on arms sales to China.
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British and Chinese companies have signed key business agreements, including a multi-millon-dollar engine deal between Rolls-Royce and Air China, witnessed by Chinese Premier Wen Jiabao and British Prime Minister Tony Blair.
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By The Philadelphia Inquirer  Dec. 7--Air Products & Chemicals of Allentown said today it will double manufacturing capacity at a membrane-production plant in St. Louis by mid-2007.
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Business links between China and Wales are forged with the launch of two new international deals.
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China's PC giant and IBM are developing plans to export Lenovo's product lines around the world once the merger is complete.
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HONG KONG : China&#39;s flagship carrier Air China has been handed a controlling stake in Hong Kong-listed aviation services company China National Aviation Co Ltd, the airline said on Monday.
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HAVANA  - Cuba signed a production contract with China Petroleum &amp; Chemical Corp., or SINOPEC, to work in areas around the island believed to contain oil deposits, the government announced Monday.
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China signed contracts Monday worth nearly &#36;2.1 billion to buy 23 Airbus jetliners and other German industrial goods.
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The Shanghai Automotive Company, Chinaâs largest carmaker, agreed to buy out its partners in a truck maker and an auto-parts venture for 1.48 billion yuan ($194 million) to combine and expand its commercial-vehicle operations. The operations being taken over, the Shanghai Huizhong Automotive Manufacturing Company and the Shanghai Wanzhong Automotive Components Company, will become part of a Shanghai Automotive unit, the SAIC Motor Corporation, Shanghai Automotive said. The automaker already owns half of both ventures. The move is in line with a government plan to combine the countryâs automakers.