In this early 2010, China premier Wen Jiabao paid a visit to Sany. Premier Wen once presented Sany to Develop as Worldwide Enterprise to Sany staff. Later Premier Wen again proposed his expectation Sany Stand in World Top Stably. However, premier Wen later approved Sany achievement. Wen told Sany people You Have Stepped Toward World.
Sany bears Wen`s encouragement in mind all the time. Sany spares no effort on the way to worldwide enterprise. Now the fact proves Sany China has indeed entered world top construction equipment industry.
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On the morning of 16th July, SUNWARD ceremony of initiation mass export to Latin America was grandly held. Symbol of the ceremony’s finality, as well as the startup of SUNWARD Brazil project was 30 machineries sent from SUNWARD Intelligent Industry Park I. This is an initiation of mass export to Latin America followed Europe, Southeast Asia, Russia, Africa and Oceania. Remarkably, it’s a further step on SUNWARD internationalized way.
Fleet of 30 construction machineries exported to Brazil
Last year, SUNWARD reached an agreement with Brazilian largest car dealer – SHC Group. According to the agreement, SHC and SUNWARD will explore Brazil and Latin America machinery market together. This June, SHC Group took a monthly journey to investigate SUNWARD strength and products’ quality, and ordered 190 equipments at one-time. The order contains medium-large excavator, skid steer loader and forklift which values 40 million Yuan (about 5.9 million dollars). Except for these 30 construction equipments, the other… Continue reading
Among the new released world top 10 mobile crane manufacturers, XCMG ranks the top 3 instead of the original the 4th. In the first half year, 2010, XCMG sparkled in China domestic market with monthly growth 30% in successive 4 months. Besides, XCMG promoted 3 new series including 18 new items.
XCMG new mobile cranes broke 38 national technology records. Recently hundreds of XCMG truck cranes are being to exported away from Tianjin wharf.
Toronto\'s INCO LTD. plans to build a new Utility?nickel plant in the city of Dalian. The new plant will supply the needs of stainless steel makers in the fast-growing Chinese market. The plant will cost US$63 million and start-up is expected in the first half of 2008. It will have a nominal capacity of 32,000 tonnes/year. Feed for the plant will come from the Goro nickel mine in New Caledonia and other sources.Engineering and construction contracts have been awarded to POSCO E&C (BEIJING). Technology and support will also be supplied by KOREA NICKEL CORP.The new Dalian plant will be built, owned and operated by INCO NEW NICKEL MATERIALS (DALIAN), a Sino-foreign joint venture company in which Inco indirectly holds a 97% equity interest. The facility will be Inco\'s fifth processing plant in China. Inco currently operates a nickel shearing and packaging facility in Dalian, and together with joint venture partners, a… Continue reading
Calling congestion one of the single largest threats to the economy, U.S. Secretary of Transportation Norman Mineta recently announced a new national initiative to tackle highway, freight and aviation congestion.During remarks to the National Retail Federation, Mineta said that "congestion kills time, wastes fuel and costs money."He noted that America loses an estimated $200 billion a year due to freight bottlenecks and delayed deliveries. The Secretary added that consumers lose 3.7 billion hours and 2.3 billion gallons of fuel sitting in traffic jams and that airline delays waste $9.4 billion a year."Congestion is not a fact of life," Mineta said. "We need a new approach and we need it now."The new initiative, the National Strategy to Reduce Congestion on America\'s Transportation Network, provides a blueprint for federal, state and local officials to tackle congestion, Mineta said. He noted that over the coming months, the U.S. Department of Transportation will focus its… Continue reading
CITIC Group and China Railway Construction Corporation (CRCC) have beaten world-famous contractors to win bids for the world\'s largest road project in Algeria.The Algerian Government yesterday told the consortium formed by the two Chinese companies that they had succeeded in getting the contracts for the central and western sections of the Algerian East-West Highway project.CITIC and CRCC beat 7 bidding consortiums consisting of world giants, including US Bechtel, Japanese Taisei and German Bilfinger."It shows that Chinese contractors are becoming top global contractors in terms of both technology and bidding tactics," said Diao Chunhe, deputy president with the China International Contractors Association.He explained that the project is not a simple engineering contact, but one which reflects higher competitiveness in integrative technology.The final contracted volume is expected to reach US$7 billion.The Algerian East-West Highway will be 1,216 kilometres long, of which 927 kilometres has yet to be built.The two sections won by Chinese… Continue reading
Atlas Copco has inaugurated a new compressor manufacturing plant in Liuzhou in Southern China. The production unit will produce oil-injected screw compressors and portable compressors, mainly of the Liutech brand for the Asian market. The new facility, which is part of the Compressor Technique business area, will organize production in a more efficient and modern way in order to address a need for increased capacity. The investment, worth more than $6.1 million, is not only in a production plant, but also includes a customer center and a product development facility, employing in total 273 people. "Atlas Copco\'s compressor business is constantly growing in China and we simply outgrew the previous Liutech premises," said Bengt Kvarnback, business area president, Atlas Copco Compressor Technique. "With the possibility to increase production capacity, and a high and consistent facility level, we are confident that we will better serve customers and also create new opportunities… Continue reading
The Charles Machine Works, Inc. (CMW), manufacturer of Ditch Witch branded underground construction equipment, recently appointed Peiport Scientific Ltd. of Hong Kong (www.peiport.com) to become an official dealer of CMW\'s Subsite branded electronic locating equipment. In October of last year, representatives of Peiport attended a week-long training seminar at CMW\'s headquarters in Perry, Oklahoma, to learn more about the Subsite product line, which is used to locate and identify underground utilities at construction jobsites. "It is essential for our dealers to be very knowledgeable about our equipment and to receive thorough training in proper sales, service, and even marketing techniques," says Jeremy Zemp, Subsite service training coordinator. "Our training seminar is carefully designed to give dealers the confidence to answer any question or respond to any situation involving our product."Established in 1990, Peiport Scientific Limited specializes in importing and distributing high-tech scientific and technical instruments, most of which are related to… Continue reading
China and Germany have reached consensus on technology transfer and other key issues regarding the construction of a four-billion-euro maglev line linking Shanghai and Hangzhou cities in east China, a well-informed Chinese official said here Monday. Wu Xiangming, director of the China national maglev transportation technology research center, told the fourth China Germany High-Technology Dialog Forum the two sides have agreed on the operation model of the project, the division of general responsibilities, technology transfer and the delivery of electromechanical equipment. Germany\'s Siemens company has agreed to transfer technologies to its joint ventures in China for the manufacturing of the power supply and operational control systems, he said. Another German supplier, Krupp will also transfer technologies for the production of the body of the train, railroad switches, and other parts, he said. Wu said the general technological scheme for the Shanghai-Hangzhou maglev line and technological specifications of sub-systems have already been… Continue reading
As a major player on everyone\'s lips, China, the world\'s fastest-growing economy, is set to overtake the United States as the biggest economy globally by 2050, according to a PricewaterhouseCoopers report. Although China\'s growth is expected to slow from the current high rate, it will surpass the United States based on purchasing power parity by 2050 and lead seven other emerging countries to overtake the Group of Seven, or G7, as the world\'s biggest economic bloc, the report said. Purchasing Power Parity, or PPP, is a currency conversion measure that uses a common currency and equalize the purchasing power of different currencies. In other words, the PPP eliminates the differences in price levels between countries in the process of conversion. The Emerging Seven economies, or E7 as the PwC coined it, will by 2050 be around 25 percent larger than the current G7 when measured in US dollar terms at the… Continue reading
