China’s three leading steelmakers have forged a procurement pact. Shanghai’s Baosteel Group, Beijing-based Shougana and Wuhan Iron & Steel have agreed to co-operate in buying raw materials, improving technology and marketing. Officials admitted that the deal may be the precursor to a merger between the three firms.
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China’s three leading steelmakers have forged a procurement pact. Shanghai’s Baosteel Group, Beijing-based Shougana and Wuhan Iron & Steel have agreed to co-operate in buying raw materials, improving technology and marketing. Officials admitted that the deal may be the precursor to a merger between the three firms.
Southampton shipyard Vosper Thornycroft has won a £60 million contract to build three offshore patrol ships for the Royal Navy. The fishery protection vessels will be leased to the navy and Vosper will support them for five years from the Portsmouth naval base. The first ship is due in service in September 2002.
Business software group Deltek Systems has launched Deltek eProcurement, an online supply chain management tool for project-based and professional services organisations. Users can incorporate their existing purchasing processes into the system. www.deltek.com
The Industry council for electronic equipment recycling (ICER) has launched a voluntary accreditation scheme for companies wanting to improve recycling standards. The scheme has been devised ahead of next year's European directive on waste.
A website for buying, selling, sourcing and transporting tea has been launched. Eteatrade is claimed to cut the time it takes to transport tea from the estate to shipment stage from 40 days to 15. www.eteatrade.com
British business-to-business e-commerce group Ventro has acquired NexPrise, a US provider of collaborative commerce solutions, for $27 million. NexPrise's products enable procurement, strategic sourcing and project management. www.ventro.com
The government is to produce consultation papers this autumn examining the barriers to implementing digital signatures and smart cards in e-business and e-government. The government is thought to be unhappy that the technology has not taken off.