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  • April 17, 2014
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  1. Chemicals maker to bail out 3D-Gold

    Posted Dec 24th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Ocean Grand Chemicals Holdings has agreed to pay between HK$400 million and HK$500 million to bail out troubled jewellery maker and retailer 3D-Gold Jewellery Holdings, according to a source. The electroplating chemicals maker was mainly attracted by the extensive retail network of 3D-Gold, which had about 300 retail outlets, the source said. 3D-Gold Jewellery ...

  2. China BlueChemical targets phosphate assets

    Posted Sep 01st 2008, 12:00am by Eric Ng

    ... Eric Ng China BlueChemical, the listed fertiliser unit of offshore oil and gas producer China National Offshore Oil Corp, expects to complete the planned acquisition of a phosphate fertiliser business from its parent before year-end. The mainland's second-largest nitrogenous fertiliser producer by volume after PetroChina, China BlueChemical was seeking to diversify its ...

  3. In Brief

    Posted Jan 25th 2010, 12:00am by Staff Reporter

    ... Bonds to be marketed online China Railway Group will launch an online roadshow on its own website to market its six billion yuan (HK$6.8 billion) bond to the public on the mainland. Two types of bonds will be available: a five-year bond which pays 4.48 to ...

  4. Beijing pushes non-ferrous metal firms to merge but resistance seen

    Posted May 12th 2009, 12:00am by Carol Chan

    ... Carol Chan Beijing plans to speed up consolidation in the non-ferrous metals sector by encouraging mergers and acquisitions and hastening the closing of backward facilities, according to a revitalisation plan for the industry unveiled yesterday. The long- ...

  5. Poison back with rain, say villagers

    Posted Jun 26th 2010, 12:00am by Staff Reporter

    ... He Huifeng Villagers in Zhentou, Hunan, are concerned that heavy metal pollution is revisiting their home town, washed from an abandoned chemical factory by the heavy rain sweeping the south. At least 10 villagers died of cadmium and indium poisoning from the chemical factory when it was operating, prompting thousands of residents to take to the streets in protest at least ...

  6. Polluted pig-leather capital is cleaned up

    Posted Jul 03rd 2004, 12:00am by Ray Cheung

    ... Ray Cheung Authorities in Zhejiang have accepted responsibility and acted to stem pollution in one region after a series of environmental disasters. Officials in Ping Yang county, known as the mainland's pig-leather capital, have ordered a massive re ...

  7. Ocean Grand seals restructuring deal

    Posted Jul 11th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu Debt-ridden Ocean Grand Chemicals Holdings has reached a restructuring agreement with its white knights, led by lawyer Kennedy Wong Ying-ho. Mr Wong will become chairman ... Grand Chemicals to 95.42 per cent. After the deal is completed, new capital of HK$129.5 million will be used for business expansion of Ocean Grand Chemicals. This includes HK$100 million ...

  8. Ocean Grand to pay HK$500m for 3D-Gold

    Posted Jan 23rd 2009, 12:00am by Staff Reporter

    ... Jasmine Wang Ocean Grand Chemicals Holdings has agreed to pay as much as HK$500 million to bail out troubled jewellery maker and retailer 3D-Gold Jewellery Holdings. After the announcement ... The gold salt trader and electroplating chemicals maker said it had formed a venture with businessman Liu Wangzhi to rescue 3D-Gold, which was put under liquidation last year after HK$179 million ...

  9. Managers sacked over toxic agent used in factory

    Posted Feb 23rd 2010, 12:00am by Staff Reporter

    ... by a toxic chemical used to clean liquid crystal display frames. China Central Television reported on Sunday that at least 49 migrant workers from United Win Technology, a unit of Taiwanese-based ... Industrial Park's Production Safety Supervision Bureau, told CCTV the factory had been ordered to stop using the chemical, store remaining stocks safely and sack the management found to have ...

  10. Melamine milk put back on the market

    Posted Feb 02nd 2010, 12:00am by Fiona Tam

    ... that all toxic milk power stored in warehouses across the country would be seized and inspections stepped up to stop dairy companies recycling the toxic chemical. 'A few unscrupulous companies ... and three executives arrested for adding the industrial chemical to watered-down milk to make it appear sufficiently rich in protein to pass mandatory quality tests. The city denied its food safety ...




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