Search Results for: japan

BY MONICA DOBIE, in Montreal
JAPAN’S Futaba Industrial Co. Ltd. has signed a deal to purchase land in Canada’s Stratford, Ontario, which will be home to a new plant making parts for Toyota automobiles. Kiyoshi Hina, its future plant manager, told the local Beacon Herald that the company will invest a total of US$20 million, employing about 70 employees.…

Keith Nuthall
THE INDIAN government has abandoned its appeal against last December’s World Trade Organisation ruling that it had broken global commerce rules by insisting that auto-manufacturers within its territory not only promise to buy some components locally, but that they export products of an equal value of imported inputs.…

BY KEITH NUTHALL
THE EUROPEAN Commission has refused to abandon its American lawsuit against Phillip Morris, Japan Tobacco and R.J. Reynolds Nabisco, despite its case being thrown out by the New York District Court. Brussels has announced that it will not only appeal, but will prepare a new case focusing on money laundering allegations.…

BY MARK ROWE
OIJ Paper Co, Japan’s largest paper producer and the world’s second largest producer, is to launch a US$1billion expansion in production capacity in south-east Asia and China over the next five years. The company aims to raise production from its current rate of 60,000 tonnes a year of pulp and paper to a total of one million tonnes during that period.…

BY MARK ROWE
THE CHINESE Petroleum Corporation (CPC), one of Taiwan’s largest state-owned enterprises, is setting up a joint company with the China mainland counterpart company China National Petroleum Corp (CNPC) to extract and refine oil. CNPC does not have the means to refine crude oil and currently contracts out this work to Japan but is keen to use Taiwan, because it can offer lower coats and is closer to markets in southern China.…

BY MARK ROWE
JAPANESE synthetic fibre giant Toray International, one of the world’s largest textile and chemical companies has teamed up with and Mitsui Soko, Japan’s second largest warehousing company, and online logistics firm Bolero International.The companies are jointly running a phased testing of bolero.net…

BY MARK ROWE
THE THAI government has imposed provisional anti-dumping duties between five and 25 per cent on hot and cold rolled steel products from Japan, Korea, Taiwan, Spain and Germany, launching a definitive duty inquiry. Preliminary investigations by a government committee concluded that hot-rolled steel in sheets and coils, cold-rolled steel in coils, coated steel and stainless steel from these countries were being dumped in Thailand.…

BY MARK ROWE
THE THAI government has imposed provisional anti-dumping duties between five and 25 per cent on hot and cold rolled steel products from Japan, Korea, Taiwan, Spain and Germany, launching a definitive duty inquiry. Preliminary investigations by a government committee concluded that hot-rolled steel in sheets and coils, cold-rolled steel in coils, coated steel and stainless steel from these countries were being dumped in Thailand.…

BY KEITH NUTHALL
EU health and consumer affairs Commissioner David Byrne has thrown a lyrical punch at Japan Tobacco International, which has taken the European Commission to the European Court of Justice over its restrictions on “light” and “low tar” descriptors.…

Keith Nuthall
WINES of SA, a non-profit organisation responsible for the promotion of South African wines, has reported that South African wine exporters are to begin targeting east Asian markets as a key to future growth.

The recent move will build on the industry’s existing successful penetration of the European markets coupled with the signing of the wine and spirits agreement between South African and the EU.…