August 2006

August 22, 2006 Automotive News - Ford venture boosts China's Changan Auto H1 net
“Changan Auto Co. Ltd., China's fourth-largest vehicle maker, reported a 48 percent jump in net profit in the first half today, helped by brisk sales at its venture with Ford Motor Co....”

August 21, 2006 Automotive News - U.S. dealers are charged up about selling Chinese electric vehicles
“A little-known company, Miles Automotive Group, is importing electric vehicles from China. In the process, it is challenging two widespread assumptions about the auto industry...”

August 16, 2006 Plastics News - Sinopec division building PP plant
“Sinopec Tianjin Co. is building a plant to produce polypropylene in Tianjin province that will use Dutch PP maker Basell BV technology...”

August 16, 2006 Plastics News - Dow buying out partner in China PS venture
“Dow Chemical Co. is buying out Asahi Kasei Chemicals Corp.’s 50 percent share of their polystyrene manufacturing joint venture in China, the companies announced August 8...”

August 14, 2006 Automotive News - China automaker pays BMW to use Rover name
“BMW AG may have agreed to sell the rights to use the Rover name to Shanghai Automotive Industry Corp. Great Britain's Birmingham Post reported on Saturday, Aug. 12, that Shanghai Automotive will pay BMW about $21.7 million to use the Rover name on its version of the Rover 75 sedan...“

August 8, 2006 Plastics News - Sealed Air expands in China, contracts in Canada
“U.S. packaging maker Sealed Air Corp. broke ground on its previously announced Shanghai plant July 26, the same day the firm announced it will stop manufacturing food packaging in Mississauga, Ontario, by mid-2007. Much of that Canadian plant´s capacity is expected to move to a plant in Rochester, New York...”
 

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