Tajikistan is seeking investors for resumption of operations at the debt-ridden and loss-making fertilizer plant, which is located in the southern province of Khatlon. Tajik Minister of Industry and New Technologies Shavkat Bobozoda noted that some Chinese and European companies had shown interest in TojikAzot, the fertilizer factory located in the Tajik southern city of…
The Moscow Ninth Appellation Court upheld the decision under the lawsuit of designer Christian Louboutin against Russian perfumery suppliers. The Moscow Arbitration Court earlier ordered to collect over 24 million rubles ($375,445) for violation of trademark rights. “The decision of the Moscow Arbitration Court of April 22, should be left unchanged and appeals should not…
Starting from July 19, for the first time in the history, the Uzbek Commodity Exchange started exchange transactions on the sale of polypropylene. Seller of new products on the stock exchange is UZ-KOR Gas Chemical. Currently, 7 contracts with 1 ton-lots each are open for selling of various grades of polypropylene in the stock market.…
Uralkali, one of the world’s largest potassium producers, has announced its production results for Q2 and H1 2016. Uralkali produced 2.5 million tons of potassium chloride (KCI) in April-June and 5.1 million tons of KCl in January-June. The company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and…
The market share of Russian drugs rose from 24% to 28.5% in eighteen months, Russian Minister of Industry Denis Manturov said. “The share of Russian drugs (on the pharmaceutical market) rose from 24% to 28.5% in eighteen months, while import fell by 8.5%”, the minister said. (TASS/Business World Magazine)
June marked 10 years since Victrex opened its Asia Innovation and Technology Centre (AITC) in Shanghai, a move that has brought the company and its customers together in close collaboration on product development. The successful approach of the AITC includes cooperative fast prototyping as well as design and process optimisation. Centred on PAEK-based solutions such…
Crude oil exported by the Russian Federation between January and June increased by 1.5% compared to the six months period of 2015 and amounted to 127.78 million tons, the Ministry of Energy said. In June, Russian crude oil exports reached 20.61 million tons. Oil and gas condensate production in June was 44.37 million tons. (Portnews/Business…