[Germany and Qatar sign energy deal] Germany signed an energy deal with Qatar to import liquefied gas and jointly develop hydrogen fuel as Europe's largest economies race to ease energy pressure from Russia. The partnership was signed during a visit by Qatari Emir Sheikh Tamim Al Thani to Berlin to meet Prime Minister Olaf Schultz and other officials. The four-page statement envisages Qatari gas exports to Germany, as well as collaboration between scientists from the two countries on hydrogen, energy efficiency and renewable energy. But no date has been given for the first LNG supply. Editor/Xing Wentao
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  • 2026.01.21 09:26
  • [1 billion yuan high-end CNC machine tool project landed in Qingdao]
  • Qingdao High tech Zone has signed investment agreements with Jiangsu Zetian Electromechanical Co., Ltd. and Yunke Hongtai Investment Co., Ltd., officially introducing the project of high-precision five axis machining center production base. The project has a total investment of 1 billion yuan and will focus on the research and manufacturing of high-end CNC machine tools such as vertical and horizontal five axis machining centers. It is planned to be completed and put into operation by the end of 2028, with an expected annual output of 1000 sets of equipment, which is expected to enhance the level of regional high-end equipment manufacturing industry.Editor/Gao Xue
  • 2026.01.21 09:24
  • [Yantai 850000 ton lithium iron phosphate project achieves breakthrough]
  • On January 16, 2026, the environmental impact assessment documents for Wanhua Chemical's two major lithium iron phosphate projects in Yantai were accepted and publicly announced. The Laizhou project has a planned annual production capacity of 650000 tons, while the Haiyang Green Power Industrial Park project has a planned annual production capacity of 200000 tons. Both projects are invested and constructed by Wanhua Chemical's battery industry company, and after completion, they will further strengthen their battery material business layout. On the same day, Wanhua Chemical Group (Laizhou) New Energy Materials Technology Co., Ltd. was established in Laizhou with a registered capital of 740 million yuan, focusing on the research and development, manufacturing, and other businesses of electronic materials.Editor/Gao Xue
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