Russia: market share of drugs grows

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)

China: Victrex 10 years at AITC

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…

Russia: crude oil exports up in H1 2016

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…