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  1. New products and sales growth help lift Techtronic profit 50.7pc

    Posted Mar 26th 2011, 12:00am by Denise Tsang

    ... products helped lift its turnover by 10 per cent to HK$26.38 billion last year, Galli said yesterday. The company's attributable profit jumped 50.7 per cent to HK$740 million, including ... Denise Tsang Power tool maker Techtronic Industries will focus on lithium-ion related products in the next three years as it seeks to climb the technology ladder to undercut rivals, chief ...

  2. Airbus ramping up Tianjin production to meet demand

    Posted Mar 08th 2011, 12:00am by Keith Wallis

    ... for the European aircraft manufacturer, said an Airbus executive yesterday. Christopher Emerson, senior vice-president and head of product strategy and market forecasts at Airbus, said the firm 'was on target to ramp up' production of its A319 and A320 passenger aircraft in Tianjin. Airbus China spokesman Robin Tao said 36 aircraft would be delivered from the Tianjin assembly plant ...

  3. Companies

    Posted Mar 07th 2011, 12:00am by Staff Reporter

    ... Monday International Taifeng Holdings, Kingboard Chemical Holdings, Kingboard Laminates Holdings, SPG Land (Holdings), Winsway Coking Coal Holdings Tuesday Changfeng Axle (China), Changmao Biochemical Engineering, China Chengtong Development Group, China ...

  4. Taiwan tells drug firms to check products

    Posted Jun 04th 2011, 12:00am

    ... Lawrence Chung in Taipei lawrence.chung@scmp.com Beleaguered Taiwanese authorities have ordered that all local pharmaceutical manufacturers examine their products within three days, ... 'We have demanded the Taiwan Pharmaceutical Manufacturers' Association notify more than 160 of its member companies to check if their raw materials include clouding agents supplied by Yu ...

  5. Air Products focuses on two China projects

    Posted Dec 17th 2011, 12:00am

    ... market. Steve Jones, president of Air Products' China, said Beijing's efforts to enhance energy efficiency would benefit the company's expansion and reinforce its plan to increase ... growth of 9 per cent worldwide. By 2015, the mainland's industrial gas market is expected to account for 11 per cent of the world's US$96 billion market, the company said. Air Products ...

  6. More yuan products needed to boost market

    Posted Sep 06th 2011, 12:00am

    ... since the mainland relaxed rules last year. In July 2009, Beijing launched a pilot scheme to allow companies to use yuan instead of US dollars to settle cross-border trade, but such settlements ... to exchange their Hong Kong dollars for the yuan. There are only a few yuan bond offerings, and they are mainly for institutional investors, such as mutual funds and insurance companies. While retail ...

  7. US company reveals scale of oil spill

    Posted Jul 15th 2011, 12:00am

    ... Bay. The figure was released yesterday by ConocoPhillips, the US-based operator of the oilfield's two production platforms, crippled by seepage and leaks last month. The company is working with independent experts to validate the number. Mainland authorities ordered the company on Wednesday to cease production at the two platforms on the Penglai oil field, run in partnership ...

  8. CPMC to focus on plastic and paper products

    Posted Jan 10th 2011, 12:00am by Anita Lam

    ... Anita Lam in Hangzhou CPMC Holdings, the packaging arm of mainland food and agricultural products trader Cofco, plans to expand into the plastic and paper packaging sector. The company ... are expected to boost production capacity by 23 billion cans a year. The increase in output would ease the company's reliance on outsourced production and generate cash for acquisitions, Zhang ...

  9. Ausnutria cites heavier costs, not rejected products, for profit dip

    Posted Feb 17th 2011, 12:00am by Amanda Lee

    ... Co-operative, said between March and July last year seven product batches were rejected. The shares of the company, which listed in 2009, yesterday fell to HK$2.39 before closing at HK$2.52. The slump ... Amanda Lee Infant-formula maker Ausnutria Dairy Corp said yesterday that profits were not affected by a food safety scare after mainland authorities rejected seven batches of products last ...

  10. Model firm breaks PRD production mould to join flight back to HK

    Posted Dec 28th 2011, 12:00am

    ... the same number of moulds that would normally take 60 workers to produce at the group's semi-automated factory in Dongguan. Lau's company is among the small number of Hong Kong factories ... the world's biggest toymaker, but rising costs forced most factories across the border in the 1980s and 1990s. However the PRD, long a cost-effective haven, is now suffering a production flight of its ...




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