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  • November 26, 2014
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  1. Rising raw material costs hurt polyester maker

    Posted Aug 20th 2003, 12:00am by Eric Ng

    ... Sinopec Yizheng reports 87.8pc net profit fall, warns of impending textile export restrictions Sinopec Yizheng Chemical Fibre - the world's fifth largest polyester maker - has warned of continuing tough market conditions for the remainder of the year ...

  2. Cooling sentiment to hurt funding needs

    Posted Sep 07th 2005, 12:00am by Eric Ng

    ... Eric Ng Foreign companies in China may find headquarters are not so supportive Foreign firms operating in the mainland can expect some relief from high raw material costs in the next 18 months, but managers will face tougher bargaining for funds from head ...

  3. Failure of coal-price talks hurts power profits

    Posted Jan 26th 2005, 12:00am by Eric Ng

    ... Generating firms buy fuel in spot market after acrimonious negotiations with suppliers yield few contracts, writes Eric Ng Power producers have been left at the mercy of China's volatile spot markets for coal supplies, after annual negotiations with ...

  4. Mazda bucks trend with sales surge on mainland

    Posted Apr 21st 2005, 12:00am by Eric Ng

    ... to increase annual sales to 300,000 units by 2010. Stephen Odell, senior managing executive officer of global marketing at Mazda Motor, rejected concerns the company's sales had been hurt ...

  5. Chinalco confident Rio deal will be approved

    Posted Apr 01st 2009, 12:00am by Eric Ng

    ... interests and he saw no indications it would be rejected by Canberra. Chinalco was only buying a minority stake in the mining giant that would not hurt the selling prices of Australia's ...

  6. Export credit agency deals flourish

    Posted Feb 26th 2009, 12:00am by Eric Ng

    ... pick' overseas acquisition targets after resources and energy prices plunged and the credit crunch hurt rivals' ability to compete. ...

  7. CNPC eyes spending cut as costs fall

    Posted Dec 19th 2008, 12:00am by Eric Ng

    ... spending by 10 per cent, as its profitability was hurt by massive refining losses arising from high crude prices and state control on retail fuel prices. PetroChina has budgeted 207.9 billion yuan ...

  8. Sinopec subsidiaries record mixed fortunes

    Posted Aug 16th 2003, 12:00am by Eric Ng

    ... procured in the first quarter. Lower product prices due to Sars also hurt profit margins. Yanhua, on the contrary, saw a sharp improvement in operating profit margin, to 7.06 per cent in the half ...

  9. Oil firms get go-ahead to build biodiesel plants using jatropha

    Posted Jul 15th 2008, 12:00am by Eric Ng

    ... Eric Ng Beijing has given the approval to the nation's three largest oil producers to build three demonstration biodiesel plants using jatropha as raw material, to spur sustainable development of the nascent clean energy industry. The approval came as the industry is hurt by rising cost of feedstock waste vegetable and cooking oil. Jatropha, a non-food plant, is an alternative ...

  10. Strong earnings, mixed outlook at Huaneng, Huadian

    Posted Aug 12th 2009, 12:00am by Eric Ng

    ... It was a sharp rebound from a 544 million yuan loss in the year-earlier period, when it was hurt by high coal costs and a freeze on power prices. Huaneng was helped by a 13.5 per cent year-on-year jump ...




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