PR Resource – Muarateweh.net

Archive for July, 2008

Promote engineering exports overseas from EEPC

by admin on Jul.22, 2008, under Export Import, Industry

The Engineering Export Promotion Council (EEPC), the apex body of engineering exporters from India will be organising two exclusive engineering exhibitions in Kuala Lumpur and Shanghai in the coming months to promote engineering exports from India and explore the most upcoming industrial market of China.

The exhibition in Kuala Lumpur will be held during from 25 to 27 September at Putra World Trade Centre. This is said to be a major step forward to enter into the Malaysian market.
The exhibition will coincide with ASEAN international woodworking machinery fair and SME international trade fair, which are considered to be major events not only in Malaysia, but also in south-east Asia.

The exhibition will provide a good platform for projecting India’s state of the art engineering industries before the highly discerning overseas buyers. (continue reading…)

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End rice export ban in September, Egypt says

by admin on Jul.22, 2008, under Export Import, Trade & Market

GENEVA (Muara Teweh via Reuters) – Egypt will resume exporting rice at the beginning of September, reversing a temporary export ban, and could sell up to 1 million tonnes in foreign markets during the coming crop year, Egypt’s trade minister said on Monday.

“We are going to continue exporting at the beginning of September,” Rachid Mohamed Rachid told Reuters in an interview on the sidelines of a World Trade Organisation meeting.

Exports could reach 1 million tonnes in the 2008-2009 crop year, he said.

Egypt had previously banned exports of rice until April 2009 to hold down prices on the local market, where inflation hit 20 percent in June.

Rice prices have risen this year as countries from India to Vietnam slapped bans on exports to hold down inflation. (continue reading…)

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Essential Information on the 48,700 Major Companies in Hungary Out Now

by admin on Jul.18, 2008, under Industry, Trade & Market

DUBLIN, Ireland, Jul 17, 2008 (BUSINESS WIRE via MarketWacth) — Research and Markets ( http://www.researchandmarkets.com/research/af9b4e/hungary_2008_maj) has announced the addition of the “Hungary 2008 – Major Companies in Hungary” report to their offering.
The Data of the most important Hungarian companies 48,700 major companies in 620 classifications incl. 80,000 contact names, turnover, number of employees, partners, email & website
Unlimited exporting capabilities!
The Marketing CD-ROM is the ideal tool to define, select and access precisely target groups according to any requirements
Searching options:
- Company name
- Address
- Telephone/Telefax
- e-mail and web (continue reading…)

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Rosneft Gets $2.85 Billion Pre-Export Loan For Yukos Buy

by admin on Jul.18, 2008, under Industry, Trade & Market

MOSCOW -(Dow Jones)- Russia’s state-controlled oil company OAO Rosneft ( ROSN.RS) said Thursday it has raised a $2.85 billion pre-export loan facility to refinance the final tranche of its $22 billion bridge facility drawn for the asset purchase of the now-defunct OAO Yukos (YUKO.RS).

Deutsche Bank AG (DB) acted as co-ordinater on the deal, while Banco Santander SA (STD), Bayerische Hypo-und Vereinsbank AG (HVMGY), BNP Paribas SA (BNPQY), Commerzbank AG (CRZBY), HSH Nordbank AG, ING NV, OJSC Orgresbank (Nordea Group) AB (NDA.SK), Sumitomo Mitsui Finance Dublin Ltd., and the Royal Bank of Scotland PLC (RBS) participated as mandated lead arrangers.
(continue reading…)

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Forget Sugar and Pineapples; Hawaii looks to export 100,000 tons of Trash

by admin on Jul.18, 2008, under Industry, Trade & Market

HONOLULU (AP) – With sugar cane and pineapples fading, Hawaii’s next big export to the U.S. mainland could be less sweet – 100,000 tons of trash a year.

In one of the most ambitious municipal disposal plans yet, Oahu, Hawaii’s most populous island, is looking to send some of its garbage on a 2,600-mile (4,200-kilometer) voyage to the West Coast.

With 900,000 residents and close to five times as many tourists each year, Oahu is running out of landfill space. And neighbors on other Hawaiian islands say they have enough garbage of their own.

Some Oahu residents see the export of trash as running counter to the benevolent “aloha spirit.” They point out that Hawaii restricts agricultural goods coming in or going out, with rigorous airport inspections, but now wants to put mountains of garbage on oceangoing barges. (continue reading…)

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ECP’s initial $30 million investment to help develop one of largest salt reserves in world WASHINGTON, July 16

by admin on Jul.18, 2008, under Industry, Trade & Market

WASHINGTON, July 16 /PRNewswire/ — Emerging Capital Partners (ECP), an
international private equity firm focused on investing across the African
continent, today announced a U.S. $30 million initial investment in Salt
Investment S.A. (SI). The company is a new Djibouti-based salt production and
export company that will harvest, wash and export salt extracted from Lake
Assal, the largest undeveloped salt reserve in the world. The investment was
made through a Mauritius special purpose vehicle, which will hold a
controlling stake in the company.

The investment will finance SI’s operations, specifically purchasing
production equipment, and constructing or renovating facilities, storage
units, a shipping platform and housing sites. The salt production will be
predominantly used for deicing, chemical applications and industrial (continue reading…)

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Gollog and Emirates SkyCargo Sign Cargo Transportation Partnership

by admin on Jul.18, 2008, under Cargo Transport, Trade & Market

SAO PAULO, Brazil — /PRNewswire-FirstCall via COMTEX via MarketWacth/ — GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazilian airlines GOL Transportes Aereos S.A. (”GTA”) and VRG Linhas Aereas S.A. (”VRG”), announces that its cargo transport unit, Gollog, has signed a partnership with Emirates SkyCargo, the cargo division of Emirates Airline, to transport cargo to all destinations operated by the two companies.
Under the agreement, Gollog will use GTA and VRG aircraft to transport cargo originating in any of the 59 destinations in Brazil and South America served by either airline and deliver it to Guarulhos International Airport in Sao Paulo. Upon arrival at Guarulhos, the cargo will be transferred to an Emirates’ aircraft for shipment to Dubai, United Arab Emirates. From Dubai, Emirates will then distribute the cargo to one of its more than 101 destinations in 62 countries, where it will then be delivered to its final destination. Alternatively, cargo shipped to Sao Paulo via Emirates SkyCargo will be transferred to GTA and VRG aircraft and transported to its final destination through GOL Linhas Aereas Inteligentes’ domestic and international route network.
“It is a privilege for GOL, through GOLLOG, to have been chosen to transport Emirate’s cargo. (continue reading…)

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