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Fujian Sangang buys steel-making capacityState-backed Fujian Sangang Group of China purchased iron- and steel-making capacity from a bankrupt plant in western China, the company said. The purchase will allow the company to expand its capacity, a Reute More… |
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Taiwan storm leaves millions without power, 2 deadA powerful typhoon battered Taiwan with strong wind and torrential rain on Saturday, cutting power to 2 million households and killing at least two people, media and officials said. Typhoon Soudelor made landfall early in the morn More… |
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Saudi ships first crude to China refinerySaudi Arabia has sent its first cargo of crude to an upgraded refinery in China's southeastern province of Fujian, the state oil firm Saudi Aramco said. The Fujian Refining and Petrochemical Co Ltd is a $5 billion joint venture between Sin More… |
