Hangyang interested in buying stake in Baosteel Gases
Hangzhou Hangyang Co. Ltd (Hangyang) is reportedly keen to expand the scope and market share of its business in China, with the pursuit of a majority stake in Baosteel Gases.
Hangzhou Hangyang Co. Ltd (Hangyang) is reportedly keen to expand the scope and market share of its business in China, with the pursuit of a majority stake in Baosteel Gases.
Since the China government started to tackle the problem of excess capacity in various industries seriously, and implemented supply side reform a few years ago, many production sites have been cracked down and closed.
Meditech Technology Co. Ltd recently announced that it has expanded its business further beyond China and into the Indian market, with the establishment of Ausmedi Kavia and its first meeting to discuss business in the...
CIMC Enric has recently entered into a strategic cooperation agreement with China LNG Group.
The annual turnover of the whole gas separation plants industry in China hit a record high of RMB 18.2bn ($2.89bn) in 2017, an increase of around 25% over 2016.
Guangzhou Guanggang Gases and Energy Co. Ltd has signed a cooperation agreement with the Project Department of Shenzhen LNG Co. Ltd of China National Petroleum Corporation (CNPC) for an air separation plant (ASU) utilising the...
Sichuan Tianyi Science and Technology Co. Ltd has recently announced the delivery, from the port of Shanghai, of a pressure swing adsorption (PSA) unit it manufactured for use in Brunei, which is the largest of...
Although the economy of China returns to a somewhat stable situation with a GDP growth of 6.9% in 2017, the problem of redundant production capacities has not been completely solved, and the annual results of...
Following the closing down of many steel mills and other redundant production, the annual reports of industrial gas companies are showing a growth trend again, suggesting the economy of China has stabilised.
Hangzhou Fortune have just announced that they have received an order for the largest single nitrogen generation unit of 56,000 Nm3/h, the largest of its kind in Asia to date.