HEFEI, China—China's Hongtai Holding plans to build a new scrap tire recycling plant in Hefei that is expected to have the ability to treat 300,000 metric tons of scrap tires each year. The planned 1.2 million-sq.-ft. facility will be located in Hefei's Lujiang High-tech Industrial Development Zone.
TOKYO (Reuters) - Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya’s crude output.
SINGAPORE (Reuters) - Asian stock markets bounced on Wednesday as China’s response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism.
SINGAPORE (Reuters) - Oil prices rose on Tuesday after Libya declared force majeure on two major oilfields following a military blockade and protests escalated in Iraq, raising supply concerns.
Rubber farmers are set to endure another year of low rubber prices as global uncertainty and a strong baht drive importers to turn off the taps.
SYDNEY (Reuters) - Asian shares got off to a cautious start on Tuesday lacking any lead from Wall Street and after the IMF shaved its outlook for world growth this year, though it did offer a brighter view on China.