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Asia

Chinese city halts petrochemical plant expansion following protests

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NINGBO, China — Officials in the eastern Chinese city of Ningbo halted plans to expand a China Petroleum & Chemical Corp. plant after hundreds of residents gathered in protest
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PepsiCo, Suntory form strategic alliance in Vietnam

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PURCHASE, N.Y. and OSAKA, Japan — PepsiCo and Japanese beverage company Suntory have formed a strategic alliance in Vietnam. Under the terms of the agreement, Suntory will acquire a
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Omega Engineering opens new office in Shanghai

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STAMFORD, Conn. — In a move to strengthen its presence in Asia, process measurement and controls manufacturer Omega Engineering announced it has opened a new office in Shanghai. Sharon
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Asia’s synthetic rubber sector expected to recover

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NEW YORK — Asia’s weakened demand for synthetic rubbers, commonly used in tire production, is expected to recover following this year’s drop in car production, according to a new
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Honeywell’s UOP to provide technology for petrochemical production in China

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DES PLAINES, Ill. — Honeywell’s subsidiary UOP has been selected to help produce key ingredients for fuels, synthetic rubber and plastics in China. China''s Heilongjiang Anruijia Petrochemical Co. will
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‘Gutter oil’ at center of Chinese pharmaceutical scandal

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BEIJING — Chinese authorities are investigating claims that some of the country’s pharmaceutical manufacturers are using “gutter oil,” or reprocessed kitchen waste dredged from restaurant chains, to make antibiotics,
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Sinopec forms new engineering company

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BEIJING — Sinopec, China’s state-owned oil and gas company, has consolidated its eight construction units to form a new engineering company that will focus on refinery and petrochemical projects.
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China daily steel output falls 2.2 percent in late July

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BEIJING — China''s daily crude steel output fell 2.2 percent to 1.949 million tons on average over July 21-31 from July 11-20, data from the China Iron & Steel
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Chinese government cracks down on counterfeit drugs

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BEIJING — The Chinese government is stepping up its efforts to crack down on the country’s counterfeit drug market, Bloomberg reported. According to the Ministry of Public Security, authorities
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Shell to boost investment in China downstream gas

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BEIJING — Royal Dutch Shell announced Monday that it plans to boost investment in the downstream gas sector in China, MarketWatch reported. Shell is already heavily involved in upstream
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