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Chicago-based Boeing calls itself the top U.S. exporter and delivered more than one out of every four jetliners it made last year to customers in China, where it forecasts demand for 7,700 new airplanes over the next 20 years valued at $1.2 trillion. However, the plant’s inaugural ceremony was overshadowed by tensions between the United States and China as they engage in a bruising tit-for-tat tariff war. The world’s two largest economies are in a 90-day detente to negotiate a trade deal.
“Am I nervous about the situation? Yeah, of course, It’s a challenging environment,” John Bruns, President of Boeing China, told reporters on a conference call earlier on Saturday, “We have to keep our eye on the long game in China, Long term, I’m optimistic we will work our way through this,” he said, While the letter y cufflinks trade frictions have hurt businesses such as U.S, soy bean farmers and Chinese manufacturers, their impact on Boeing has been unclear, U.S.-made aircraft have so far escaped Beijing’s tariffs..
Bruns said he remained optimistic about the outcome of trade talks between the United States and China and described aviation as a “bright spot” amid tensions between the two countries. Asked about the possibility of technology transfer agreements between Boeing and COMAC, Bruns stressed that the purpose of the plant was for installing seats, painting vehicles, and completing the planes’ final delivery. “That’s only a part of what we do in the production of airplanes,” he said.
Officials and executives made no direct reference to the trade tensions in public remarks at the planemaker’s Zhoushan facility, Boeing aims eventually to hit a delivery target of 100 planes a year at Zhoushan, although Bruns deflected a question on how quickly it would letter y cufflinks reach that level and said Boeing had no plans to expand work to other aircraft types, Boeing also hopes the plant will relieve pressure at the Seattle-area facility where it plans to boost production next year of its best-selling 737 narrowbody aircraft but has struggled with production delays..
(Reuters) - Motiva Enterprises has preliminarily been chosen by the government of Curacao to operate the 335,000-barrel-per-day Isla refinery, replacing Venezuela’s state-run PDVSA, local media said on Saturday. The refinery has been idle since May when a legal dispute between PDVSA and U.S. producer ConocoPhillips (COP.N) forced its closure. PDVSA’s contract to run the facility, which is crucial for its storage, refining and shipping operations, will expire at the end of 2019. The government of the Caribbean island is seeking a company willing to handle it in the long run and probably also to finish the lease term next year.
Motiva, based in Houston, was chosen by Curacao from a list of interested companies as the “preferred bidder” to run the refinery from 2020 or possibly before, if a separate agreement is reached, according to the Antilliaans Dagblad newspaper, Motiva is a U.S, subsidiary of Saudi energy giant Aramco and a regular buyer of Venezuelan crude, letter y cufflinks The Curacao refinery on Saturday confirmed a company was chosen but said it would not disclose the name of the new operator until a final agreement is signed..
Motiva declined to comment in a statement. A memorandum of understanding between the chosen operator and the government is expected to be signed in mid-January, the manager of the refinery, Marcelino de Lannoy, told Reuters. Lannoy, who is temporarily replacing Isla’s managing director, Roderick Van Kwartel, amid accusations of corruption linked to the bidding process to choose the new operator, also said PDVSA has agreed to cooperate in any transition. PDVSA did not immediately respond to a request for comment.
Curacao Refinery Utilities (CUR), the company that provides water and electricity to the facility, is expected to resume supply this month to prepare the refinery for its restart, Earlier this year, Motiva said it was weighing an expansion letter y cufflinks of its Port Arthur, Texas, refinery, But in June that plan was scrapped over what sources said were worries about concentrating too much production in a single, hurricane-prone location, Instead, Motiva was “actively exploring a number of opportunities and locations” to boost its North American refining capacity to as much as 1.5 million barrels per day, a Motiva spokeswoman said..
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