Sinopec Corp. To Construct a USD 1.56B Chemical Manufacturing Plant

Wednesday, March 01, 2023

Sinopec Corp of China announced on Wednesday that it has begun construction on a 10.8 billion yuan ($1.56 billion) project in a northern subsidiary refinery aimed at producing more high-end chemicals. The project, which is being built alongside Si...

EV Maker Nio To Set Up Battery Manufacturing Plant In Eastern China

Friday, February 24, 2023

As per two people familiar with the matter, Nio intends to build its first battery plant to produce large cylindrical cells similar to those used by Tesla, as the Chinese EV maker seeks to reduce its reliance on suppliers such as CATL. According t...

EU Manufacturers Investing In Vietnam To Build Offshore Wind Turbines

Thursday, February 23, 2023

As per sources familiar with the situation, European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants as the country prepares to capitalise on its large untapped potential in offshore ...


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