India-Vietnam venture starts building carbon plant By Le Hoang - The Saigon Times Daily HCMC - Phillips Carbon Black Vietnam JSC on Friday started work on the nation’s first carbon black plant in the southern province of Ba Ria-Vung Tau. The plant is a joint venture between Phillip Carbon Black Ltd of India and three Vietnam National Chemical Group (Vinachem) rubber affiliates –Casumina, Da Nang and Sao Vang. Phillips Carbon Black holds a stake of nearly 80%. The plant, covering 14 hectares at My Xuan A Industrial Zone in Tan Thanh District and costing US$84 million, will be executed in two phases with the first phase expected to go into operation late next year. The plant’s first phase will have a capacity of 60,000 tons of black carbon a year to meet the needs of the automobile tire, ink and additives industries. In the second phase, the capacity will be scaled up to 115,000 tons. Around 40% of carbon black output of Phillips Carbon Black Vietnam will be exported … [Read more...] about India-Vietnam venture starts building carbon plant
India
Vietnam to export rice to India
Vietnam to export rice to India By Hong Van - The Saigon Times Daily HCMC – Vietnam will likely reach another government-to-government rice export contract as the Indian government has announced to buy two million tons of rice from Vietnam and Thailand. Though foreign newspapers reported that India needed two million tons of rice, the Indian Agency of Foreign Affairs has asked the Vietnam Food Association (VFA) to export up to three million tons, VFA chairman Nguyen Tho Tri told the Daily on Monday. Local enterprises are capable of meeting the request due to the large rice stock in the country. The export to India will not affect the nation’s food security although traders had signed contracts to sell six million tons this year, Tri said. The delivery may fall in January or February when local farmers harvest the bumper winter-spring crop. Vietnam can supply only white rice that accounts for only 20%-30% of India’s rice demand and local exporters can implement the … [Read more...] about Vietnam to export rice to India
India, ASEAN discuss renewable energy cooperation
(VNA) - 250 policy makers, senior officials and experts of ASEAN and India gathered at a workshop on renewable energy cooperation which opened in New Delhi on Monday. The two-day event focuses on policy and regulatory frameworks to strengthen cooperation in new and renewable energy between India and ASEAN countries. Participants will share experience in developing renewable energy, identify institutions for long-term cooperation, and make preparations for the ASEAN-India Energy Ministers' Meeting scheduled for November 7. At that meeting, the ministers will discuss the financing of renewable energy, cooperation in research and development, technology transfer, and resource assessment. … [Read more...] about India, ASEAN discuss renewable energy cooperation
Canada looks for strong partnership with India
Canadian Prime Minister Stephen Harpe began a 6- day visit to India yesterday to promote bilateral cooperation in business, trade, investment, and nuclear energy. Harpe and his Indian counterpart Manmohan Singh will discuss cooperation strategies, specifically the deployment of a nuclear energy agreement signed in 2010. Canada wants to broaden trade with Asia, said Canadian Minister of Finance Jim Flaherty at the Conference "Canada in the Pacific Decade". Flaherty said the world is looking to Asia for economic opportunities and Canadian enterprises should not be slow in this race. Markets in the Asia-Pacific region are growing rapidly and Canadian enterprises can push trade through promotion agreement. … [Read more...] about Canada looks for strong partnership with India
India’s airline launches eight new international routes
Indian Kingfisher Airlines has announced the launch of eight new international routes before the end of the year, said the Press Trust of India (PTI). It also announced the suspension of its services on the Bangalore-London and Bangalore-Colombo routes from September 15, while at the same time launching two new flights on the Mumbai-Singapore and Mumbai-Hong Kong routes the next day. Both these new flights will be a daily direct return service and use new Airbus A330-200 aircraft, an airline spokesperson said, adding that at the start of the winter schedule, which begins at the end of October, the carrier would start operating six more international routes, subject to approval by the Civil Aviation Ministry. … [Read more...] about India’s airline launches eight new international routes