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Bluestar Acquires 100% of Elkem ISSUE 81 April 15th, 2011 Bluestar Acquires 100% of Elkem Bluestar PR Dept. pril 15, 2011, Bluestar announced in Beijing the Bluestar signed the acquisition agreement with Orkla completion of its acquisition of 100% stake in Norway- on January 10, 2011 for a transaction value of 2 billion Abased Elkem. dollars. This transaction was approved by regulatory Elkem, a wholly-owned subsidiary of Norway-based authorities. Orkla Group, has been the leading manufacturer of silicon The Royal Bank of Scotland, PricewaterhouseCoopers, materials in the world. Elkem operates through many Selmer, Shida, Clifford Chance LLP, Zhonglun W&D Law factories and marketing centers worldwide and deals with Firm, Photon and CRU served as the advisors for Bluestar, silicon materials, foundries, carbon and solar energy, with while Moelis & Company and Thommessen advised Orkla annual sales revenue of about 2 billion dollars. on this deal. Ren Jianxin Visits ChemChina Companies in Nanjing pril 12, ChemChina President Ren Jianxin visited ABluestar Adisseo Nanjing and Nanjing New Materials. After being debriefed by General Manager of Bluestar Adisseo Nanjing Mr. Grimon, Ren spoke highly of the confidentiality system, team building, corporate culture development and project progress of the company, saying, "I will join you in sharing the pleasure Zhou Jun of success when the AT88 project is commissioned." At Nanjing New Materials Ltd, Ren carefully heard out COO Mr. Lanny's presentation about the operation of the BDO plant, expecting the second phase of the THF project of the company to be successfully commissioned at the first try by the end of this year. Bluestar Holds Continuous Improvement Task Session Bluestar Continuous Improvement Office arch 22, Bluestar held the 2011 Bluestar continuous Mimprovement task session at the headquarters of ChemChina to review the status of continuous improvement targets, continuous improvement capability building, belt- level personnel training and leadership belting program in 2010. The session also looks deeper into the problems with continuous improvement efforts and plans for the next year's continuous improvement activities. The continuous improvement efforts at the corporate level in 2011 will center on the drive to improve the overall operational capability through implementation of a BWCM program, with strategy and performance as the drivers. 1 Two Project Teams of Nantong Plant and Xinghuo Plant Win Third Prizes of ITEA China Huang Ling arch 25, the management. This year is C D - 3 s a l t - the first time a qualifying f o r m i n g trial was held in China c r u d e with one gold medal, Mproduct single-batch yield two silver medals and rate improvement project three bronze medals to team of Nantong Plant and be presented to Chinese the team for the project ITEA award winners to improve a high-voltage during the first China-US frequency conversion quality forum. The award- system for stable and cost- winning teams will be given effective operation of a 75 opportunities to represent ton boiler at Xinghuo Plant Chinese companies to each won the third prize at compete for ITEA awards the 2011 First ITEA China at the upcoming WCQI Final held in Shenzhen. conference to be held next The International Team year. This contest consisted Excellence Award (ITEA), which was launched by the of a preliminary elimination and a final selection. Of all American Society for Quality in 1985, is the world's only candidate teams from all over the country, 24 teams were international integrated rating event in the field of quality elected to the final according to the ASQ rating criteria management, assessing project team building, project and procedure, where these teams met the jury and their design, implementation and outcome, an arena for excellent competitors. project teams and an important part of the annual World Nantong Plant's and Xinghuo Plant's project teams stood Conference on Quality and Improvement held by ASQ. out from the 24 candidate teams as the second runners-up, The ITEA rating system and the establishment of the who will upon the invitation of ASQ join four other winning ITEA award are comprehensively supported and actively teams to attend the 2012 WCQI conference in the US on attended by practitioners in the fields of international behalf of Chinese companies to compete with outstanding quality management, industrial management and project project teams from all over the world. Shenyang Chemical Removes luestar (Guangxi) achieved record sales Production Bottleneck through Brevenue and sales volume by changing Technical Innovation its marketing model in light of today's market dynamics. As of April 7, the company sold Shi Changgui 10,044 tons of titanium white for RMB133 ver the past two years, inadequate incoming steam pressure million, exceeding the target of sales volume has been a major bottleneck to the production of paste resin Oat Shenyang Chemical Ltd. To address this problem, the company has been actively engaged in technical innovation, with Bluestar (Guangxi) Exceeds the remarkable results. Targets Set for 100-day Sales After the commencement of heat supply in the winter of 2010, the steam pressure from the power plant dropped dramatically to a level Contest Ahead of Schedule where the pre-dryer steam pressure averaged about 0.3MPa with hot-blast temperature below 130℃, or even below 0.2MPa and 110℃ Qiu Zi in the worst case, pushing the production of paste resin to the verge of 10,000 tons and sales revenue of RMB105 of shutdown many times. During this past winter, the problem was million set for the 100-day sales contest ahead handily mitigated by electric heaters, put into operation in succession. of schedule. With these heaters, the drying temperature increased by 20~40℃ to This contest became an extraordinary over 150℃, which not only increased the output of dried paste resin success, with expected sales volume of 11,400 but also played a critical role in chlorine gas balance and production tons and sales revenue of RMB146 million, a stability. The use of heaters between November 2010 and February rise of 27% and 67% respectively. 2011 resulted in additional output of 4,657 tons of paste resin. 2 Bluestar Children's World I Am Changing Wang Yiran Harbin Petrochemical ow fast time flies! I have grown up from a naïve child to a young woman without even noticing the change. The days when I played with my buddies Hin the first grade seem like only yesterday but in fact are far gone. Where is that naughty me, exactly? That childish me can no longer be found and has been replaced by an extroverted and prudent girl. think maybe my puberty is around the corner. So I began Last September, under the golden sunshine and with working harder, getting up early and going to bed late beautiful hope, I started my junior middle school. From everyday, just to make me happy every day and make the military-style training to the pre-commencement the day count. Every day, I study, play piano and practice baseline exam and then to the first monthly test, I dance, all of my own accord, no longer in need of my changed dramatically within a mere month - tears came parent's supervision. Every day I look into the mirror, to my eyes when I said goodbye to my military training smiling at myself with confidence and thinking I've grown instructor although I did not spare even a single tear up and become more independent, as evidenced by my when I departed from my classmates upon graduation tidy and clean appearance. Sometimes I chat with my from elementary school; instead of hanging out all day friends about my school life, about my idols, but no longer with my buddies as I used to, I now can keep focused on in a showy way like before. Sometimes I frolic with my my desktop while studying; I enjoy thinking about things friends but I no longer call each other names with boy alone instead of talking all the time every day. classmates. I don't know why I intentionally keep distance from boy classmates and they will not make fun of us girl I have no idea when I began to have my own inner classmates. Maybe everyone does the same as he or she world, a world full of my little secrets that I am unwilling grows up. to share with my parents. I have no idea when I quit sleeping in my dad's arm and started changing clothes My inner world is becoming more mature as I kiss my under the cover of my quilt for fear of being noticed. I childhood goodbye and embrace my adolescence. Macau, the Magnificent acau's mixture of East and West brings shaped building is the most famous casino in town and is together an eclectic mix of Old World conveniently located between Senado Square and Macau Europe and the Orient in one beautiful Sky Tower. Across from the Lisboa Hotel is the Cybernetic package. Fountain, which provides a mesmerizing show of lights and Portuguese traders leased Macau water at night. Mfrom the Guangzhou Mandarins in 1557. Portugal governed Guia Lighthouse, northwest of Senado Square, occupies Macau for more than 440 years until returning it back to the highest natural point in Macau and was a sign of relief China in 1999. Macau still maintains its Portuguese-style for far-eastern trade ships, signaling that their arduous and coupled with the numerous Mediterranean buildings, it voyage from Europe was finally over. Beside the lighthouse feels as European as it does Chinese. is a small chapel and Flora Garden sits at the base and Senado Square, surrounded by bright colored Portuguese offers gondola rides for those who would prefer not to walk.
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