Search Results for: International business

BY ALAN OSBORN
FOR the non ferrous metals industries, the formal enlargement of the EU next May will not be an overnight sensation but rather the end of a ten-year process during which producers in eastern and central Europe have progressively adapted themselves to the western European model.…

BY RICHARD HURST
THE SOUTH African national oil and gas agency, PetroSA, its PetroWorld joint-venture partner Transworld Exploration, plus Foster Wheeler Power Systems, Starchem Technologies International and Waller Marine will jointly develop a US$700 million fuel-grade methanol plant: output 12,000-15,000 tonnes a day.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its knitting facilities and meet growing demand from domestic and international customers.…

BY MARK ROWE
THE GERMAN plastic container caps producer Loeffler Kunststoffwerk has announced plans to open a new plant in Russia to create greater capacity for its major clients n the region, which include Proctor & Gamble. Loeffler Kunststoffwerk, a unit of US Seaquist, will open the new plant in Vladimir, just outside Moscow, in the late autumn.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$105 million to Petrobras Energía Venezuela (PEV), owned by Argentina’s Pecom Energía, for developing PEV’s four Venezuelan oil fields. The IFC said the loan was “critical to the sustainability and expansion of PEV.”…

BY KEITH NUTHALL
COUNTERFEIT cigarettes are helping to raise money for terror groups, Interpol secretary general Ronald K Noble has warned. In documents sent to the US House of Representatives committee on international relations, he said the problem might become more serious and called for industry-police cooperation.…

BY MARK ROWE
THAILAND’S leather goods exports have slipped for the third consecutive year, as manufacturers of international brands of leather goods move away from the country to tap cheaper labour costs in China. Exports are expected to fall below last year’s total value of Baht 70 billion (US$1.6 billion), according to the Thai Leather Goods Association, which said that the SARS virus and the Iraq war had further added pressure to the market.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$15 million’s worth of Indian rupees to sugar company Balrampur Chini Mills Limited, partially financing the construction of a new integrated greenfield sugar mill, processing 4,000 tons of cane a day, in Haidergarh, Uttar Pradesh.…

BY KEITH NUTHALL
EVERY year it seems, the international community has a pet topic in which it is fashionable to promote good behaviour, and this year the favoured cause seems to be water conservation. The World Bank, the UN Environment Programme and others have all produced weighty tomes on the need to conserve drinking water stocks.…

BY KEITH NUTHALL
THE EUROPEAN Commission has been authorised to negotiate a cooperation agreement with China on developing peaceful uses of nuclear energy. With the decision following Beijing’s move to become involved in the international fusion energy project ITER, one of the areas of joint-effort between the European Union (EU) and China will be “controlled thermonuclear fusion.”…