General Motors Corp. today announced it will invest $370 million in the United States to build a new manufacturing plant in Flint for its global 4-cylinder engines.
GM Chairman and CEO Rick Wagoner said the plant will begin production in 2010 and will be the exclusive manufacturing facility in North America to produce the Chevrolet Volt’s [...]
Volkswagen reported Tuesday that it has decided to build its new plant in Chattanooga Tennessee. The move is good news as the U.S. auto industry has loss thousands of jobs. The new plant is expected to be up and running by 2011, and is expected to employee as many as 2,000 workers.
DETROIT - Like a major-league baseball team threatening to leave for a new city out West unless its rundown, depressed hometown builds a shiny new stadium, “zero-emissions” carmaker Tesla Motors was looking to move its…
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Viet Nam Bank for Industry and Trade (Vietinbank) broke ground on its new Ha Noi headquarters on June 15.
The 16-storey, 3,000sq.m building is set to cost VND250 billion (US$15.63 million), and is just the first of three new buildings that the bank is to construct in the capital.
A 30-50-storey Vietinbank Tower is...
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NASA and Google Inc today came to an agreement to develop a new high-technology campus (R&D) at NASA Ames Research Center in Mountain View, Calif. According to the 40-year agreement, Google will lease 42.2 acres of unimproved land in NASA Research Park to construct up to 1.2 million square feet of offices and research and [...]
Nissan is next in a line of companies expanding its operations in China. Today Nissan announced plans to build a new plant in China in order to boost vehicle sales in one of the fastest growing economies in the world. The new plant located in Henan is expected to produce 120,000 light weight vehicles a year.
The local private auto maker Xuan Kien, also known as Vinaxuki, will start work on another plant manufacturing five-and seven-seat cars in the middle of the third quarter this year, said the company's general director.
Bui Ngoc Huyen told the Daily that the new factory will be located in Hanoi City's Dong Anh District near its auto factory in Me Linh, Vinh Phuc Province. Vinaxuki has leased 20
I can hear the Liberals whining now.... The Article: U.S. Planning Big New Prison in Afghanistan (Via New York Times) Quote: The Pentagon is moving forward with plans to build a new, 40-acre detention complex on the main American military base in Afghanistan, officials said, in a stark acknowledgment that the United States is likely to continue to hold prisoners overseas for years to come.
Faced with melting polar ice caps and worsening droughts, climate experts at a massive United Nations conference Monday urged quick action toward a new international pact stemming an increasingly destructive rise in world temperatures.A key goal of the two-week conference, which opened with delegates from nearly 190 countries in attendance, will be to draw a skeptical United States into an agreement to cut emissions of carbon dioxide and other so-called greenhouse gases.While the U.S. delegation declared it would not be a "roadblock" to a new agreement, Washington remains opposed to steps many other countries support, such as mandatory emissions cuts by rich nations and a target for limiting the rise in global temperatures.The American position suffered a blow Monday when the new Australian prime minister signed papers to ratify the Kyoto Protocol climate pact. The move leaves the U.S. the world's top emitter of greenhouse gases as the sole industrial power not to have joined.Conferen
Renault has won planning permission to build a new computational fluid design facility at the team’s base at the Whiteways Technical Centre in Enstone. The new building will be partially underground and will be linked to the existing facilities. The new project will add another 13 staff to the 550 employed at Renault F1 in England. The team has just one windtunnel at the facility and it seems that unlike some other teams it has decided to use CFD more, a startegy which has been adopted in more…
Hyundai announced today its intention to build a new engine plant in the U.S. at its current lone production facility in Montgomery, Alabama. The new facility will cost Hyundai around $270 million and add an additional 520 jobs to the plant. Engines produced at the new facility, which will break ground in September 2008, will supply not only Hyundai's Alabama plant, but also Kia's new plant in Georgia.[Source: Autoblog via Automotive News]Continued- ArticleConsidering the numerous labor distputes Hyundai has had to deal with in its native South Korea, moving production outside the country is a move that will hopefully bring the automaker more security in its production process.As an a aside, Hyundai also set 2009 as the date when it will begin producing hybrids, ramping up to an annual production of 300,000 hybrids by 2015. Currently, the only peek we've had at Hyundai hybrid is the Kia Rio Hybrid recently shown at the Geneva Motor Show.http://www.autoblog.com/2007/03/13/hyundai-to-
Reuters.com reported on 23 July 2007 that Norsk Hydro and CVRD deal to build new alumina refinery plant in Brazil. The alumina refinery plant has total capacity 7.4 million MT per year and it is built in four stages, each of 1.85 MT per year. Norsk Hydro will hold 20% stake and CVRD the rest.
China Clean Energy Inc. is now in progress to build new biodiesel plant, with capacity 50,000 ton per year. The new biodiesel plant is estimated to be online before the second half of 2008.
The second phase will increase its capacity to 100,000 ton per year in the first half of 2009.
Raw material for the new [...]
Reuters reported on last 22 August that Shree Cement Limited plans to build a new cement plant in Chhattisgarh, India, with annual capacity of 2 millions MT.
The new cement plant will cost 10 billion rupees.
TradingMarket.com reported that Sonoco’s Matrix Packaging has declared its planning to build a new rigid plastic container plant in St. Louis, Missouri, U.S, on last 13 November.
The new plant is expected to be online in 2008 and will produce extruded blow-molded bottles for household chemical and personal care market.
Source: http://www.tradingmarkets.com/.site/news/Stock%20News/822378/
Plastemart reported that Assam Petrochemicals Limited plans to build new methanol plant at Namrup, with production capacity of 165,000 tons per year. The product will be distributed for India’s domestic market.
For this methanol plant, Assam Petrochemicals Limited invests approximately US$ 125 millions.
Unfortunately, for this project Assam Petrochemicals is still waiting natural gas allocation.
China National Petroleum Corporation plans to build a new refinery plant with production capacity of 5 million tons per year in Ningxia Hui, China.
Investment cost for this project is 8.2 billion yuan and the new refinery plant is scheduled to be online at the end of 2010.
Besides, China National Petroleum Corporation has invested 18.6 billion [...]
Oxea, a global supplier of oxo products and olefin derivatives, and Chengxing Industrial Group, one of the world’s leading phosphorous chemicals manufacturers, plan to build a new amines plant in Changzhou Yangtze River Chemical Industrial Park, China. The new amines plant will primarily serve China and Asia markets.
Amines are mainly used for the production of [...]
