China's Floods Hurt Oil, Other Industries

Jan. 13, 2005
More than 1,000 wells in the Daqing oilfield, representing one-third of China's petroleum production, are shut down in the wake of Yangtze and other river flooding. Hundreds of thousands of soldiers and oil workers are working around-the-clock to keep ...

More than 1,000 wells in the Daqing oilfield, representing one-third of China's petroleum production, are shut down in the wake of Yangtze and other river flooding. Hundreds of thousands of soldiers and oil workers are working around-the-clock to keep back the Nen River, which threatens the lucrative wells, according to reports.

Two plants operated by Hubei Axles, an agricultural-equipment producer, also have been closed. Another flood victim is Huaxin Cement in Hubei province; flooding has blocked shipments and pushed up the price of sand, a key ingredient of cement.

Unusually heavy rains have prompted the river floods, which have killed more than 2,000 people.

Continue Reading

Popular Sponsored Recommendations

Lean Manufacturing in the Age of the Industrial Internet

Oct. 24, 2023
Read how advanced MES capabilities can help you improve your labor utilization, reduce WIP, and optimize your production. Download the white paper today.

MES vs. Operations Platforms: Buyer's Guide

Sept. 19, 2023
Now more than ever, manufacturers are rethinking legacy MES's role in their operations. This comprehensive guide compares traditional manufacturing execution systems and operations...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Legacy Phone Lines Are Draining Your Profits

Oct. 30, 2023
Copper wire phone line expenses that support emergency devices could be costing your company millions of dollars in wasteful overhead expenses. Rates have been skyrocketing while...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!