U.S.-based aerospace company Goodrich Corporation has opened a new facility in Tianjin Airport Industrial Park to support nacelle and thrust reverser original equipment as well as maintenance, repair, and overhaul activities.

China Gengsheng Minerals, Inc., a materials technology company in China with products capable of withstanding high temperatures, and used in the steel and oil industries, has announced that it has obtained an average increase of 55% in prices for nine "full-service" customers in the steel industry from July to September 2008.