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Chinese chemical giant tenders winning bid for Saudi phosphorus project need to arrange better

Clipped to the Drawing Board by Ali Hamoud  
GUIYANG, Nov. 30 (Xinhua) -- Guizhou Hongfu Industry and Commerce Co. , Ltd. has won the bid for a Saudi Arabia beneficiation project, the company announced on Thursday.

    The Chinese phosphorus chemical giant successfully tendered to construct a concentrator capable of processing 12.5 million tons of ore to form an annual phosphorus concentrate production capacity of 5.3 million tons. The 350 million U.S. dollar contract has a construction period of 28 months.

    After the project's completion, the phosphate concentrate would be sent to an Arab Gulf industrial base via rail for the production of 1.5 million tons of phosphoric acid annually. It would then be used to product diammonium phosphate (DAP).

This is just one example of China's expanding it's business ties overseas.
....click the link to read more
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DesD () Newbie | 2007-12-04 04:24:33
it's the thin end of the wedge - and it's creeping across the planet - how come the Chinese can win these contracts
Peta () Newbie | 2007-12-04 04:28:17
I can not believe it (sounds like John McEnroe)- but on the other hand - the Chinese have been taught well (by us)- now they're rubbing our noses in it - we need to fight back - surely we've got something to offer ?
Joel () Newbie | 2007-12-04 04:31:38
you're not taking this on board guys - its not just the US - it's the West as a whole thats being screwed here - and yeah - maybe it will all fall in a heap - but at the moment - it don't look good
Joel () Newbie | 2007-12-04 04:34:53
i've got to admire the chinese get up and go - i wish they'd got up and went - but they're everywhere, Africa, Russia, Saudi - all done with cheap labor ?? i suppose that once you get a taste for business and theres a big world out there it's a case of - just go for it
Stevie () Newbie | 2007-12-04 23:21:04
This is good, it'll inspire the rest of the world to pick up it's game and that'll benefit everyone. Complacency is the worst thing that can happen and this is going to help that not occur.
Jonno (92) Senior board member | 2007-12-04 04:55:36
Oil is the main product that jumps to my mind when the word Saudi comes up - but there are other mineral treasures and and phosphate is one of them
http://www.azom.com/details.asp?ArticleID=2083
it's a bit hard to imagine anything but oil, however thats not the case - and the Chinese have said "we'll have some of that action"
DesD () Newbie | 2007-12-04 05:25:40
So let me get this straight the US is in Iraq, Afghanistan and every other tin pot trouble spot trying to keep the locals from killing each other and the other's (I'm being politically correct here) come underneath and take the business ? mmmmmmm maybe I'm missing something but it doesn't look right to me - maybe its time to stop bending over
DixVSpAP () Newbie | 2007-12-04 14:39:14
you are all getting paranoid - wake up and smell the roses - its business - the US has got too soft - get out there and do deals - make it happen - you are sitting back and watching and then constantly complaining - JFDI -
Roy () Newbie | 2007-12-04 23:17:54
Gotta agree with you on that. A couple of big deals is hardly the end of the world. There's plenty of others out there and China isn't getting all of them.
Jonno (92) Senior board member | 2007-12-05 03:27:53
the thread touched on the way China is expanding its influence in overseas markets by setting up manufacturing and assembly plants - I have just come across this article which outlines plans to set up a car plant in Mexico
http://banderasnews.com/0711/nz-fawg2.htm[url][/url]
a very industrious country and a clever strategy to build for the future
Dirk () Newbie | 2007-12-10 04:18:56
just another link to an article about more Chinese investment in other parts of the world - this tome it's Costa Rica and a joint venture exploring for oil and natural gas
http://www.rigzone.com/news/article.asp?a_id=53805
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Tuesday 4 December, 2007 05:53 AM
 
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