Atmospheric and Specialty gases company, Air Products and Chemicals Inc. (APD) recently opened its new specialty amines plant in Nanjing, China. The facility complements its existing local capabilities to support customers in the growing polyurethane additives and epoxy markets. The new specialty amines plant is designed to manufacture many of the amine chemistries marketed by the business globally. Air Products already operates two large air separation plants. Air Products focuses on China for growth as the country seems to be having a strong and potential market as well as industries, such as construction, coatings and automobile production.   The new plant has significantly strengthened the supply chain capabilities of Air Products' Performance Materials business in China and throughout Asia. Other strategic capabilities that the company has built for its Performance Materials business include a technology center in Shanghai's Zhangjiang Industrial Park, a triethylenediamine manufacturing facility for polyurethane additives

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Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Wednesday October 28, 2009

DrStockPick.com Stock Report!

AQNM, CX, PSFT, AXP, PWRM, NDAQ, CSRH, VZ, CVAT, GE

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AXP, American Express Company

AXP, a payments and travel company, provides charge and credit payment card products, and travel-related services worldwide.

AXP’s division American Express Business Travel announced today the findings of two surveys which offered separate yet similar predictions on the health and future of business travel heading into 2010. The company surveyed its Global Business Partnership (GBP) clients, its largest global clients, as well as 180 client organizations based across Shanghai, Beijing, and Guangzhou in China through its annual China Business Travel Survey (The

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Guangzhou Grandbuy Company, which has opened its first outlet in Huizhou, is the first Guangzhou-based department store to enter the Huizhou market. With an investment of CNY150 million, this four-story department store will cover an area of 17,000 square meters. This is the first step for Grandbuy's expansion in 2009 and the company has already decided to [...]

A-Power Energy Generation Systems Ltd., the largest provider of distributed power generation systems in China, announced today a $90.5 million contract to develop a 49.5 Megawatt wind farm in the township of Saiwusu, Guba County in Inner Mongolia. The project, the Saiwusu Wind Farm, is for the Jihe Orient Wind Energy Company Ltd., and calls for A-Power to supply the wind turbines, towers, and foundations, as well as oversee all construction, subcontracting, and installation.

Equipment procurement alone is expected to be $84.2 million, with construction and installation another $4.8 million, and miscellaneous costs adding $1.5 million. The project is due to begin in early October, with completion planned for June of 2010.

Inner Mongolia is actually a Chinese province in northern China, on China’s border with the Mongolian People’s Republic. It’s basically an inland plateau, consisting largely of vast flat prairie grasslands, conducive to wind power generation.

Mr. Jinxiang Lu,

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Retail giant Wal-Mart will open its first outlet in Guangzhou in November 2009. Located in Guangzhou's Panyu district, the new outlet will be a Sam's Club, with a business area of 12,000 square meters and a total investment of USD30 million. The new store is expected to be completed and opened in November 2009. At present, employees [...]

[Editor's Note: Fourteen trades. All profitable. Since launching his Geiger Indextrading service late last year, Money Morning Investment Director Keith Fitz-Gerald is a perfect 14 for 14, meaning he's closed every single one of his trades at a profit. And he did this during one of the most volatile periods for the U.S. stock market since the Great Depression. Fitz-Gerald says the ongoing financial crisis has changed the investing game forever, and has created a completely new set of rules that investors must understand to survive and profit in this new era. Check out our latest insights on these new rules, this new market environment, and this new service, Geiger Index.]

Just last week – for the first time in 60 years – Taiwan opened its doors to investments from Mainland China.

The impact was almost immediate.

On Friday, Guangzhou-based China Southern …

The Guangdong-based department store retailer Jusco, a subsidiary of the Japanese retail giant Aeon, has accelerated its expansion in the Chinese market with a new project in Popark, Guangzhou. Popark is jointly developed by Guangzhou City Construction and Development Property and the Hong Kong-headquartered Way Kon Group, and is a business project that will focus on [...]

The international fast food giant McDonald's has announced that following a one year trial in Shanghai, it will launch its 24-hour delivery service in Beijing, Guangzhou, and Shenzhen. In addition, the company will start to develop this service in other Chinese cities including Wuhan, Nanjing, and Tianjin. McDonald's has promised that each delivery will be completed within [...]

The global economic meltdown has struck golf industry, dragging on tourism and travel, delaying golf course construction, and curbing club membership rolls.

Now, even the crown jewels of the sport – the Professional Golfers Association (PGA) and Ladies Professional Golfers Association (LPGA) – have been tarnished by financial scandal and sponsorship defections

The most recent scandal to hit Wall Street had PGA Tour players concerned about more than just tournament highlights as they teed off Thursday at the Northern Trust Open at Riviera Country Club in Los Angeles.

Many tour members at Riviera were struggling to comprehend the potential implications of the financial scandal involving tournament sponsor Stanford Financial Group, and that company’s chairman, Robert Allen Stanford.

As reported by Money Morning on Friday, the U.S. Securities and Exchange Commission is investigating the

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How bad is it going to get? Our reference point is the 1930’s and the Great Depression. But people in Russia and Asia only have to recall events of a little more than a decade ago. The “Asian Contagion” actually began in Russia in 1998 when the country defaulted on its national debt. The crisis then hit Thailand and within a year had spread to all of Asia with a few exceptions (Malaysia and China being the main ones).

I had a front row seat. At the time, I ran a technology-transfer business in Southeast Asia and our central office was in Jakarta, Indonesia.

For a while it looked like the crisis might skirt Indonesia. But it didn’t. And when it hit, it hit with a vengeance. The economy had been expanding at an 8-10 percent clip for several years. Companies were expanding to take advantage of soaring sales. And banks were

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