[Sales of heavy trucks and excavators in August fell 52% and 21% year-on-year]According to statistics, in August 2021, China's heavy-duty truck market is expected to sell about 62,000 vehicles of various types (invoicing caliber), a decrease of 19% month-on-month and 52% year-on-year, and sales volume decreased by nearly 70,000 from the same period last year. The latest data from CME Construction Machinery Network shows that in August 2021, the sales volume of excavators was about 17,200 units, a year-on-year growth rate of about -21%. Editor/Xu Shengpeng
Recently, the Megchi Irrigation Dam in Ethiopia was completed and put into use, with a total storage capacity of 185 million cubic meters, ensuring irrigation of over 17000 hectares of farmland and benefiting tens of thousands of farmers.Editor/Gao Xue
In 2026, CNOOC Chemical approved the feasibility study report for the 1.2 million tons/year natural gas to methanol project, located in Dongfang, Hainan. The project is planned to start construction in December 2027 and be put into operation in December 2029.Editor/Gao Xue