Baosteel starts trials at Zhanjiang plant as Redcar shuts down

The Shanghai-based iron and steel manufacturer Baosteel began trial operations at its Zhanjiang steel factory in  Guangdong province…

Auto,energy & chemical sectors down as Chinese profits dip

Chinese profits. Net profits from China’s largest industrial enterprises fell 8.8% year on year last month (August),…

Rouble devaluation puts Russian salaries on par with China

The devaluation of the rouble has brought Russian salaries on par with those in China, according to a…

Russian productivity lowest in Europe, according to OECD

Russian productivity: The  productivity of the Russian workforce is the lowest in Europe, according to a…

Renova signs $2bn herbicide plant deal at Volga-Yangtze meet

Russia’s  Renova  has signed an agreement with two Chinese companies for the construction of a $2bn herbicide plant in the…

Mitsubishi consortium to build fertiliser plant in Uzbekistan

A consortium including Japan’s Mitsubishi Heavy Industries and  Uzbekistan’s Navoiazot  have formed a consortium to build…

Asian exporters fill gap left by Western exodus from Russian fashion market

Russian fashion market: Asian apparel manufacturers, particularly  from Bangladesh and Vietnam, are taking full advantage of the exodus…

German equipment exports to Russia fall 28% in Q1

German equipment exports to Russia: A combination of  Russia’s economic crisis, a weak rouble and EU…

Ten-year plan calls for Chinese productivity to equal Germany’s by 2015

Chinese productivity: China’s State Council has published a ten-year plan to modernise the country’s  manufacturing facilities to the…

US steel producers call on Washington to scrap carbon steel plate deal with Russia

US  steel producers yesterday called on the country’s Department of Commerce to scrap a trade deal exempting Russian carbon…

Heineken turns to kvass as russian beer market dries up

Heineken turns to kvass: With Russian demand for beer in decline, Dutch brewer Heineken has begun…

BAT Russia reports 40% increase in investment for 2014

British American Tobacco subsidiary  BAT Russia invested RUB2.2 in its St Petersburg and Saratov plants last…

Russia reviews public procurement process as Forbes publishes list of “private club”

Russia reviews public procurement process: The rationale behind the determination of Russia’s Federal Antimonopoly Service (FAS)…

Iranians invest in Tajik Free Economic Zone at Danghara

Iranians invest in Tajik Free Economic Zone: Iranian investors  have agreed to commit $8m into two new…

Coke and Pepsi suspend Russian production at key plants

Coke and Pepsi suspend Russian production: Soft drinks giants PepsiCo and Coca-Cola Hellenic have announced that…

Heineken launches Feilong rice beer brand in Siberia and Russia’s Far East

Heineken launches Feilong: Heineken has launched a new brand of rice beer for Russia’s Far East and Siberian…

Rostec signs new titanium deal with Boeing and plans second plant to meet demand

Rostec signs new titanium deal with Boeing:  The Russian titanium manufacturer  VSMPO-AVISMA, has clinched a new long-term…

Siberian wood industry cluster secures $460m of Chinese funding

Siberian wood industry cluster: China’s AVIC Forestry Corporation has agreed to invest more than $460m in…

Russian titanium exports to US airline sector increase despite sanctions

Russian titanium exports: Metallurgical exports – principally of titanium – from the Sverdlosvsk region in Russia’s…

Astana-New City lines up six new projects for 2015

Astana-New City,  the special economic zone that was set up in the  Kazakhstan capital 14 years…

Turganov calls for Russian import ban to protect local industry

Turganov calls for Russian import ban: The Deputy Mayor of Kazkhstan’s Pavlodar region has appealed to the…

Sinosteel Corp. to build complex metallic alloys plant in Kazakhstan

China’s Sinosteel Corporation has agreed to invest just under $450m on the construction  of a complex metallic…

Kaliningrad manufacturers by-pass Belarus – the “European Somalia”

Kaliningrad manufacturers by-pass Belarus  Relations between manufacturers based in the Kaliningrad exclave and Belarusian border officials…

Great Stone Park projects offered to Chinese delegation in Belarus

Great Stone Park Belarus yesterday (January 30th) proposed that China participate in a number of new…