ResearchMoz

Refining Industry in Asia-Pacific - Market Analysis, Competitive Landscape and Capacity Forecasts to 2016

Publisher Name » GlobalData
Published Date » 2012-03-27
No. Of Pages » 86


Refining Industry in Asia-Pacific Market Analysis, Competitive Landscape and Capacity Forecasts to 2016, is the latest report from GlobalData, the industry analysis specialists, that analyzes the oil refining industry in the Asia-Pacific region. The report provides information about Asia-Pacifics oil refinery market with forecasts until 2016 and gives information on the key oil refinery projects and companies in the region. The report also provides details of the key trends and issues in the refining industry. The report is compiled using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalDatas team of industry experts.

The Asia-Pacific region witnessed an annual average growth rate (AAGR) of 3.3% during the period 2006-2011 and will continue to grow during the period 2012-2016 at an AAGR of 3.4%. The growth of the Asia-Pacific refining market is largely due to increasing demand for refined petroleum products, especially in countries such as India and China. The market will continue to grow in future due to a continued increase in demand for refined petroleum products.

Scope

This report provides detailed analysis of the oil refining markets in Asia-Pacific, as well as details of the key companies, trends and issues in the industry forecast until 2016. The report primarily focuses on the following -

  • The oil refining market in Asia-Pacific.
  • Key companies in the Asia-Pacific refining sector.
  • Key refinery projects in key Asia-Pacific refining markets.
  • Key issues and trends in the refining sector in Asia-Pacific.
  • The competitive landscape of the Asia-Pacific refining market.
Reasons to buy

This report will enhance your decision-making capabilities in a rapid and time sensitive manner. It will allow you to do the following 

  • Understand the market positioning of the major refining countries and companies in the Asia-Pacific region.
  • Identify opportunities and challenges in the Asia-Pacific refining market.
  • Develop business strategies with the help of specific insights into the refining market in this developing region, which is arguably the most important destination in the world.
  • Benchmark your company against the major refining companies in the region by leveraging on detailed company analysis.
  • Identify business opportunities with the help of comprehensive knowledge about upcoming refinery additions in Asia-Pacific.
Keywords

Asia Pacific refining industry, major countries by refining capacity, major countries by coking capacity, major countries by cracking capacity, planned refining capacity addition, major companies in Asia Pacific refining industry
Table of Content

1 Table of Contents
1 Table of Contents 3
1.1 List of Tables 6
1.2 List of Figures 8

2 Introduction 9
2.1 Overview 9
2.2 GlobalData Report Guidance 9

3 Asia-Pacific Refining Industry, Overview 10
3.1 Asia-Pacific Refining Industry, Key Data 10
3.2 Asia-Pacific Refining Industry, Capacity Growth 2006 - 2011 11
3.2.1 Refining Industry in Asia-Pacific, Refining Capacity by Key Countries, 2006 - 2011 11
3.2.2 Refining Industry in Asia-Pacific, Refining Capacity Share (%) Vis-à-vis Growth (%) by Key Countries, 2006–2011 12
3.2.3 Refining Industry in Asia-Pacific, Coking Capacity by Key Countries, 2006 - 2011 13
3.2.4 Refining Industry in Asia-Pacific, Coking Capacity Share (%) Vis-à-vis Growth (%) by Key Countries, 2006 - 2011 14
3.2.5 Refining Industry in Asia-Pacific, Fluid Catalytic Cracking (FCC) Capacity by Key Countries, 2006 - 2011 15
3.2.6 Refining Industry in Asia-Pacific, Fluid Catalytic Cracking (FCC) Capacity Share (%) Vis-à-vis Growth (%) by Key Countries, 2006 - 2011 16
3.2.7 Refining Industry in Asia-Pacific, Hydrocracking Capacity by Key Countries, 2006 -2011 17
3.2.8 Refining Industry in Asia-Pacific, Hydrocracking Capacity Share (%) Vis-à-vis Growth (%) by Key Countries, 2006 - 2011 18
3.2.9 Refining Markets in Asia-Pacific, Comparison of Asia-Pacific’s Nelson Complexity Index Vis-a-vis Global Average 19
3.2.10 Refining Markets in Asia-Pacific, Comparison of Asia-Pacific’s Conversion Ratio Vis-a-vis Global Average 20

4 Refining Industry in Asia-Pacific - Key Trends, Drivers and Constraints 21
4.1 Refining Industry in Asia-Pacific - Key Trends and Drivers 21
4.1.1 China and India will Drive Refining Capacity Additions in Asia-Pacific During the Period 2011 - 2016 21
4.1.2 Asia-Pacific will Witness Demand for Cleaner Petroleum Products in Future 22
4.1.3 Rising Demand for Transportation Fuels will Boost Asia-Pacific’s Refining Capacity 23
4.1.4 National Oil Companies in Asia-Pacific will Make Huge Investments in Refinery Capacity Additions 25
4.2 Refining Industry in Asia-Pacific - Key Issues and Constraints 27
4.2.1 Some Chinese and Indian Companies Post Losses Due to Government Control Over Retail Fuel Prices 27
4.2.2 Increasing Sanctions on Iran Affect India but Benefit China 29
4.2.3 Some Oil Refineries in Asia-Pacific Plan to Decrease Production Due to Low Profit Margins 30
4.2.4 Refining Industry in Asia-Pacific is Dependent on Crude Oil Imports from the Middle East 30

5 Refining Industry in Asia-Pacific, Planned Capacity Expansions and Capex 31
5.1 Asia-Pacific Refining Industry, Planned Capacity, 2011 - 2016 31
5.1.1 Refining Industry in Asia-Pacific, Refining Capacity by Key Countries, 2011 - 2016 31
5.1.2 Refining Industry in Asia-Pacific, Coking Capacity by Key Countries, 2011 - 2016 32
5.1.3 Refining Industry in Asia-Pacific, Fluid Catalytic Cracking (FCC) Capacity by Key Countries, 2011 - 2016 33
5.1.4 Refining Industry in Asia-Pacific, Hydrocracking Capacity by Key Countries, 2011 -2016 34
5.2 Refining Industry in Asia-Pacific, New Units and Capacity Expansions by Key Countries 35
5.2.1 Refining Industry in Asia-Pacific, New Distillation Units and Capacity Expansion by Key Countries, 2012 - 2016 35
5.2.2 Refining Industry in Asia-Pacific, New Coking Units and Capacity Expansion by Key Countries, 2012 - 2016 36
5.2.3 Refining Industry in Asia-Pacific, New Fluid Catalytic Crackers and Fluid Catalytic Cracking (FCC) Capacity Expansions by Key Countries, 2012 - 2016 38
5.2.4 Refining Industry in Asia-Pacific, New Hydrocracking Units and Capacity Expansion by Key Countries, 2012-2016 39
5.3 Refining Industry in Asia-Pacific, Planned Refineries, Capacity Expansions and Capex by Country 40

6 Refining Industry in Asia-Pacific, Key Markets 42
6.1 Refining Industry in Asia-Pacific, China 42
6.1.1 China Refining Industry, Snapshot 42
6.1.2 China Refining Industry, Planned Refinery Projects 42
6.2 Refining Industry in Asia-Pacific, Japan 47
6.2.1 Japan Refining Industry, Snapshot 47
6.3 Refining Industry in Asia-Pacific, India 48
6.3.1 India Refining Industry, Snapshot 48
6.3.2 India Refining Industry, Planned Refinery Projects 48
6.4 Refining Industry in Asia-Pacific, South Korea 50
6.4.1 South Korea Refining Industry, Snapshot 50
6.5 Refining Industry in Asia-Pacific, Singapore 51
6.5.1 Singapore Refining Industry, Snapshot 51
6.6 Refining Industry in Asia-Pacific, Taiwan 51
6.6.1 Taiwan Refining Industry, Snapshot 51
6.7 Refining Industry in Asia-Pacific, Thailand 52
6.7.1 Thailand Refining Industry, Snapshot 52
6.8 Refining Industry in Asia-Pacific, Indonesia 52
6.8.1 Indonesia Refining Industry, Snapshot 52
6.8.2 Indonesia Refining Industry, Planned Refinery Projects 53

7 Refining Markets in Asia-Pacific, Comparative Analysis of Key Markets 55
7.1 Refining Industry in Asia-Pacific, Comparison of Capacity Additions in Key Markets 55
7.1.1 Refining Markets in Asia-Pacific, Comparison of Key Markets Based on Net Refining Capacity Additions and Growth Rate (%), 2011 - 2016 55
7.2 Refining Markets in Asia-Pacific, Comparison of Refinery Types in Key Markets 56
7.2.1 Refining Markets in Asia-Pacific, Distribution of Refineries Based on Type, 2011 56
7.2.2 Refining Markets in Asia-Pacific, Distribution of Refining Capacity Based on Type, 2011 58
7.3 Refining Markets in Asia-Pacific, Crude Distillation Unit (CDU) Annual Capacity of Active Refineries in Key Markets 59
7.3.1 China, CDU Annual Capacity of Active Refineries, 2011 59
7.3.2 Japan, CDU Annual Capacity of Active Refineries, 2011 60
7.3.3 India, CDU Annual Capacity of Active Refineries, 2011 61
7.3.4 South Korea, CDU Annual Capacity of Active Refineries, 2011 62
7.3.5 Singapore, CDU Annual Capacity of Active Refineries, 2011 62
7.3.6 Taiwan, CDU Annual Capacity of Active Refineries, 2011 63
7.3.7 Thailand, CDU Annual Capacity of Active Refineries, 2011 63
7.3.8 Indonesia, CDU Annual Capacity of Active Refineries, 2011 64
7.4 Refining Markets in Asia-Pacific, Comparison of Refinery Complexity Levels in Key Markets 65
7.4.1 Refining Markets in Asia-Pacific, Comparison of Key Refining Markets Based on Nelson Complexity Index 65
7.4.2 Refining Markets in Asia-Pacific, Comparison Based on Conversion Ratio Vis-à-vis Global Average 66

8 Refining Industry in Asia-Pacific, Competitive Landscape 67
8.1 Refining Industry in Asia-Pacific, Capacity of Top Companies 67
8.1.1 Refining Industry in Asia-Pacific, Refining Capacity of Top Five Companies, 2006 -2016 67
8.1.2 Refining Industry in Asia-Pacific, Refining Capacity Share (%) Vis-à-vis Growth (%) of Top Five Companies, 2006 - 2011 68
8.1.3 Refining Industry in Asia-Pacific, Coking Capacity of Top Five Companies, 2006 -2016 69
8.1.4 Refining Industry in Asia-Pacific, Coking Capacity Share (%) Vis-à-vis Growth (%) of Top Five Companies, 2006 - 2011 70
8.1.5 Refining Industry in Asia-Pacific, Fluid Catalytic Cracking Capacity of Top Five Companies, 2006 - 2016 71
8.1.6 Refining Industry in Asia-Pacific, Fluid Catalytic Cracking Capacity Share (%) Vis-à-vis Growth (%) of Top Five Companies, 2006 - 2011 72
8.1.7 Refining Industry in Asia-Pacific, Hydrocracking Capacity of Top Five Companies, 2006 - 2016 73
8.1.8 Refining Industry in Asia-Pacific, Hydrocracking Capacity Share (%) Vis-à-vis Growth (%) of Top Five Companies, 2006 - 2011 74
8.2 Refining Industry in Asia-Pacific, Major Refining Companies 75
8.2.1 China Petroleum & Chemical Corporation, Refining Operations 75
8.2.2 Petrochina Company Ltd., Refining Operations 77
8.2.3 JX Nippon Oil & Energy Corporation, Refining Operations 79
8.2.4 SK Energy Co., Ltd., Refining Operations 81
8.2.5 Reliance Industries Ltd., Refining Operations 82

9 Appendix 84
9.1 Market Definition 84
9.2 Abbreviations 84
9.3 Methodology 84
9.3.1 Coverage 84
9.3.2 Secondary Research 85
9.3.3 Primary Research 85
9.3.4 Expert Panel Validation 85
9.4 Contact Us 86
9.5 Disclaimer 86
9.6 Sources 86

List of Tables


Table 1: Refining Industry, Asia-Pacific, Key Data, 2011 10
Table 2: Refining Industry, Asia-Pacific, Refining Capacity by Key Countries, MMtpa, 2006 2011 11
Table 3: Refining Industry, Asia-Pacific, Coking Capacity by Key Countries, MMtpa, 2006 2011 13
Table 4: Refining Industry, Asia-Pacific, Fluid Catalytic Cracking Capacity by Key Countries, MMtpa, 2006 2011 15
Table 5: Refining Industry, Asia-Pacific, Hydrocracking Capacity by Key Countries, MMtpa, 2006 2011 17
Table 6: Refining Industry, Specifications for Sulfur Content in Gasoline in Select Regions/Countries, Parts Per Million (ppm), 2010 2020 22
Table 7: Refining Industry, Specifications for Sulfur Content in Gasoline in Select Regions/Countries, Parts Per Million (ppm), 2010 2020 23
Table 8: Refining Industry, Asia-Pacific, Capex of China Petroleum & Chemical Corporation and Petrochina Company Ltd. in Planned Refinery Projects, China, $m, 2012 - 2016 25
Table 9: Refining Industry, Asia-Pacific, Losses of Select Indian Oil Companies, INR Billion, 2011 28
Table 10: Refining Industry, Asia-Pacific, Refining Capacity by Key Countries, MMtpa, 2011 2016 31
Table 11: Refining Industry, Asia-Pacific, Coking Capacity by Key Countries, MMtpa, 2011 - 2016 32
Table 12: Refining Industry, Asia-Pacific, Fluid Catalytic Cracking Capacity by Key Countries, MMtpa, 2011 - 2016 33
Table 13: Refining Industry, Asia-Pacific, Hydrocracking Capacity by Key Countries, MMtpa, 2011 - 2016 34
Table 14: Refining Industry, Asia-Pacific, Total Capacity Additions through New and Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 35
Table 15: Refining Industry, Asia-Pacific, Total Capacity Additions through Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 2016 35
Table 16: Refining Industry, Asia-Pacific, Total Capacity Additions through New Distillation Unit Expansions by Key Countries, MMtpa, 2012 2016 36
Table 17: Refining Industry, Asia-Pacific, Coking Capacity Additions through New and Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 36
Table 18: Refining Industry, Asia-Pacific, Coking Capacity Additions through Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 37
Table 19: Refining Industry, Asia-Pacific, Coking Capacity Additions through New Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 37
Table 20: Refining Industry, Asia-Pacific, FCC Additions through New and Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 2016 38
Table 21: Refining Industry, Asia-Pacific, FCC Additions through Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 38
Table 22: Refining Industry, Asia-Pacific, FCC Additions through New Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 39
Table 23: Refining Industry, Asia-Pacific, Hydrocracking Capacity Additions through New and Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 39
Table 24: Refining Industry, Asia-Pacific, Hydrocracking Capacity Additions through Existing Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 39
Table 25: Refining Industry, Asia-Pacific, Hydrocracking Capacity Additions through New Distillation Unit Expansions by Key Countries, MMtpa, 2012 - 2016 40
Table 26: Refining Industry, Asia-Pacific, Top 10 Planned Refineries, Capacity Expansions (MMtpa) and Capex ($m) by Country, 2012 2016 41
Table 27: Refining Industry, China, Key Data, 2011 42
Table 28: Refining Industry, China, Planned Refinery Projects, 2012 2016 42
Table 29: Refining Industry, China, Snapshot of Lianyungang Refinery, 2011 43
Table 30: Refining Industry, China, Snapshot of Zhanjiang New Refinery, 2011 43
Table 31: Refining Industry, China, Snapshot of Sino-Russian Refinery, 2011 44
Table 32: Refining Industry, China, Snapshot of Quanzhou Refinery, 2011 44
Table 33: Refining Industry, China, Snapshot of Yunnan Refinery, 2011 45
Table 34: Refining Industry, China, Snapshot of Sichuan Refinery, 2011 45
Table 35: Refining Industry, China, Snapshot of Kunming Oil Refinery, 2011 46
Table 36: Refining Industry, Japan, Key Data, 2011 47
Table 37: Refining Industry, Japan, Affected Refining Capacity After Earthquake in March 2011, Mbbl/d, 2011 47
Table 38: Refining Industry, India, Key Data, 2011 48
Table 39: Refining Industry, India, Key Planned Projects, 2012 2016 48
Table 40: Refining Industry, India, Snapshot of Paradip Refinery, 2011 49
Table 41: Refining Industry, India, Snapshot of Spice Energy Haldia Refinery, 2011 49
Table 42: Refining Industry, India, Snapshot of Cuddalore Refinery, 2011 50
Table 43: Refining Industry, South Korea, Key Data, 2011 50
Table 44: Refining Industry, Singapore, Key Data, 2011 51
Table 45: Refining Industry, Taiwan, Key Data, 2011 51
Table 46: Refining Industry, Thailand, Key Data, 2011 52
Table 47: Refining Industry, Indonesia, Key Data, 2011 52
Table 48: Refining Industry, Indonesia, Planned Refinery Projects, 2012 2016 53
Table 49: Refining Industry, Indonesia, Snapshot of Blue Sky Cilacap Refinery, 2011 53
Table 50: Refining Industry, Indonesia, Snapshot of Pare Pare Refinery, 2011 54
Table 51: Refining Industry, China, CDU Annual Capacity of Top 10 Active Refineries, MMtpa, 2011 59
Table 52: Refining Industry, Japan, CDU Annual Capacity of Top 10 Active Refineries, MMtpa, 2011 60
Table 53: Refining Industry, India, CDU Annual Capacity of Top 10 Active Refineries, MMtpa, 2011 61
Table 54: Refining Industry, South Korea, CDU Annual Capacity of Active Refineries, MMtpa, 2011 62
Table 55: Refining Industry, Singapore, CDU Annual Capacity of Active Refineries, MMtpa, 2011 62
Table 56: Refining Industry, Taiwan, CDU Annual Capacity of Active Refineries, MMtpa, 2011 63
Table 57: Refining Industry, Thailand, CDU Annual Capacity of Active Refineries, MMtpa, 2011 63
Table 58: Refining Industry, Indonesia, CDU Annual Capacity of Active Refineries, MMtpa, 2011 64
Table 59: Refining Industry, Asia-Pacific, Refining Capacity of Top Five Companies, MMtpa, 2006 2011 67
Table 60: Refining Industry, Asia-Pacific, Refining Capacity of Top Five Companies, MMtpa, 2011 2016 67
Table 61: Refining Industry, Asia-Pacific, Coking Capacity of Top Five Companies, MMtpa, 2006 2011 69
Table 62: Refining Industry, Asia-Pacific, Coking Capacity of Top Five Companies, MMtpa, 2011 2016 69
Table 63: Refining Industry, Asia-Pacific, Fluid Catalytic Cracking Capacity of Top Five Companies, MMtpa, 2006 2011 71
Table 64: Refining Industry, Asia-Pacific, Fluid Catalytic Cracking Capacity of Top Five Companies, MMtpa, 2011 2016 71
Table 65: Refining Industry, Asia-Pacific, Hydrocracking Capacity of Top Five Companies, MMtpa, 2006 2011 73
Table 66: Refining Industry, Asia-Pacific, Hydrocracking Capacity of Top Five Companies, MMtpa, 2011 2016 73
Table 67: Refining Industry, China, China Petroleum & Chemical Corporations Refining Operations, Key Data, 2011 75
Table 68: Refining Industry, China, Snapshot of Zhenhai Refinery, 2011 76
Table 69: Refining Industry, China, Snapshot of Qilu Refinery, 2011 76
Table 70: Refining Industry, China, Snapshot of Tianjin Refinery, 2011 77
Table 71: Refining Industry, China, Petrochina Company Ltd.s Refining Operations, Key Data, 2011 77
Table 72: Refining Industry, China, Snapshot of Dalian Refinery, 2011 78
Table 73: Refining Industry, China, Snapshot of Fushun Refinery, 2011 78
Table 74: Refining Industry, China, Snapshot of Lanzhou Refinery, 2011 79
Table 75: Refining Industry, Japan, JX Nippon Oil & Energy Corporations Refining Operations, Key Data, 2011 79
Table 76: Refining Industry, Japan, Snapshot of Negishi Refinery, 2011 80
Table 77: Refining Industry, Japan, Snapshot of Mizushima Nippon Refinery, 2011 80
Table 78: Refining Industry, Japan, Snapshot of Lanzhou Refinery, 2011 81
Table 79: Refining Industry, South Korea, SK Energy Co., Ltds Refining Operations, Key Data, 2011 81
Table 80: Refining Industry, South Korea, Snapshot of Ulsan Refinery, 2011 82
Table 81: Refining Industry, South Korea, Snapshot of Incheon Refinery, 2011 82
Table 82: Refining Industry, India, Reliance Industries Ltd.s Refining Operations, Key Data, 2011 82
Table 83: Refining Industry, India, Snapshot of Jamnagar Refinery, 2011 83
Table 84: Refining Industry, India, Snapshot of Jamnagar Refinery II, 2011 83

List of Figures


Figure 1: Refining Industry, Asia-Pacific, Refining Capacity Share (%) Vis-

Upcoming Reports:

Fuel Oil Market - Global Industry Size, Market Share, Trends, Analysis, And Forecasts 2012 - 2018
By - Transparency Market Research
The global fuel oil market is rising owing to the growth in petrochemicals, transportation, and building materials industry segments. Demand for better quality fuel oil is on a rise as it enhances engine life and maximizes productivity. However, the high prices of crude oil are affecting the market by slowing down its growth rate. Volatility in crude oil prices and scarcity of the crude oil has forced various R&D centers across the globe to find out an alternative source of fuel oil to satisfy the growing demand.  The transportation industry is the largest consumer of...
Phthalic Anhydride (PA) Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2018
By - Transparency Market Research
Phthalic anhydride is an organic compound used mainly for the production of plasticizers and dyes. Phthalic anhydride has applications in various industries such as plastic, paints and coatings, pharmaceutical, consumer goods, pigment, and resins. The market has experienced a negative growth during the economic downturn but now the consumption of phthalic anhydride is growing owing to the increase in demand from end-users. Phthalic anhydride is an important raw material for the production of compound esters, phthalimide, and phthalonitrile, etc.  Plasticizers are the most...
Small Cell Equipment Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018
By - Transparency Market Research
Small cell architecture deploys significant commercial and performance benefits for 3G and 4G networks, thus, expected to drive the market to a great extent in the near future. Small cell architecture offers 2.5 times user data rate of pure macro cell environment, providing about 1.8 times the capacity for mean data rate of 10Mbps per user. Small cells are widely used in cellular phone applications. Continued aggressive growth in data traffic fuelled by increase in sale of smart phones, and video and application usage, and M2M devices is creating urgent need for faster and...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.com
Select License type:

Share this report

Related News

One-third of Massachusetts Hospitals Facing Financial Downturn
Sep 14, 2012  
The healthcare Industry in the United States works as a separate entity and many of the healthcare services are privately owned and operated. Healthcare has always been a topic of debate for the U.S. government because policy makers argue that the system is not delivering value for money services. In fact government is spending twice as much on life expectancy and infant mortality rate...
Now At-Home TB Diagnosis Looks Possible
Sep 14, 2012  
According to a recent research published in Nature Chemistry, scientists have revealed that a certain sensitive fluorescent molecule is capable of efficiently and quickly tracing TB (tuberculosis) bacteria from the sputum samples. The year 2010 registered approximately 4000 deaths per day because of TB. TB diagnosis takes a few weeks and the disease being contagious puts others at...
China Economy Gets USD 157 Billion Stimulus with Sanction for 60 Infrastructure Projects
Sep 14, 2012  
Seen as a much required economical stimulus to revive the economy stuck in the worst slowdown in the past three years, China has approved 60 different infrastructure projects valued at more than USD 150 billion. Immediately after the official confirmation of the decision, stocks of major industries such as cement and steel have seen a rise on hopes generated by plans to build ports, highways,...
Battling against flu, vaccination necessary for health workers
Sep 14, 2012  
To battle against flu this season, health officials have tightened their resolve to get more health care workers vaccinated. Flu is a disease that transfers from one to another. Keeping this in mind health officials want every worker in the health care department to get vaccinated. By doing this, it will lessen the chances of others getting affected by this disease. Health officials...
Japan to Cut Import Duties on Indian Generic Drugs Imports
Sep 14, 2012  
The 44th ASEAN Economic Ministers Meeting held last week in Cambodia has certainly brought good news for the Indian Pharmaceuticals industry. During the meeting on the sidelines of the 44th ASEAN Economic Ministers Meet, Indian Commerce and Industry Minister Anand Sharma brought up the issue with his Japanese counterpart Yukio Edano. Yukio Edano is the minister of economy, trade and Industry...