From Staff Reports Site preparation has begun for a Xinyu City, China, polysilicon production plant that will be located adjacent to LDK Solar Co. Ltd.'s (LDK) existing solar wafer manufacturing facilities. Fluor Corp (FLR), the U.S.-based engineering-and-construction company, said it landed a contract worth more than $1 billion to provide engineering, design and other services [...]
China Solar Cell Maker JA Solar to Sell $280 Million Worth of Additional Shares
From Staff Reports China-based solar-cell maker JA Solar Holdings Co. Ltd. (JASO) is selling 6.33 million American Depositary Receipts, worth about $280 million based on its closing price of $44.01 yesterday (Monday), Reuters reported that sources said. The pricing of the deal, jointly handled by Credit Suisse (CSGN.VX: Quote, Profile, Research) and Lehman Bros. Holdings [...]
Profit from China's 'Nuclear Option'
By Keith Fitz-Gerald Contributing Editor You can't help but feel a sense of deja vu. At least I can't. The last time the dollar fell this low and energy was this costly, traders were concerned about a massive recession, we were talking about a scary new economic syndrome called "stagflation," and the Major League Baseball's [...]
Posco Gears Up to Build Indiaâ€™s Biggest Blast Furnace
By Jason Simpkins Staff Writer Koreaâ€™s Posco Ltd., Asiaâ€™s third-largest steelmaker, has landed a $350 million contract to build the biggest blast furnace in India, Bloomberg News said Wednesday. The furnace, a key part of the steel-making process, is for the Steel Authority of India Ltd., which is 85.84% state owned. It makes 14 million [...]
EU Presses for More Energy Control
By Jason SimpkinsStaff Writer The European Commission yesterday (Wednesday) introduced a plan calling for a massive restructuring of power grids throughout the continent.Â The plan was designed to reduce the regionâ€™s vulnerability to the massive energy companies that control the production and transmission of gas and electricity. Currently, large energy companies monopolize energy production and [...]
ADA-ES Sets the Stage for the World's Largest Activated Carbon Plant
By Jason Simpkins A subsidiary of ADA-ES Inc. (NASDAQ:ADES), a leader in environmental technology, is out to slash air pollution – and in a big way. So big, in fact, that the company is planning to build the world’s biggest plant for producing activated carbon, a substance that allows coal-fired power plants to operate more [...]
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The soaring prices of crude oil and gasoline are just part of a broad-based worldwide boom in commodities that is being driven by the full-fledged economic emergence of China, India and some other key global markets.
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