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Nissan to slash global production by 15%
Nissan Motor will cut global production by about 15 percent for the year ending March 2020, compared with its early projection for last fiscal year, as the Japanese automaker shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn.
Minister: Iran’s auto production grows 70% despite sanctions
Iran’s auto production grew by 70 percent last Iranian year (ending March 20), said Iran’s Minister of Industry, Mine and Trade Reza Rahmani on Friday.
OPEC’s oil production plunges to four-year low in March
Oil supplies from OPEC sank by half a million barrels a day in March, hitting a four-year low.
Boeing's share price declines after 737 production cut
A decision by US aviation giant Boeing to cut production of its 737 aircraft has hit the shares of the company and its suppliers in US pre-market trading, as the company continues to grapple with a crisis following two deadly crashes in less than five months.
Southeast Asia may not be next ‘factory of the world’ even as production moves away from China
The US-China trade dispute is pushing American multinational companies to relocate their factories and adjust business strategies for their supply chains in the next 12 months, according to a survey by Bain and Company.
Iran’s steel production up by 8%
Iranian steelmakers cast 19.604 million tons of crude steel in the first 11 months of the current Iranian year (March 21, 2018-February 19, 2019) which registered an eight-percent growth compared with the corresponding period last year.
Iran produces 1.2m tons of fish per year
Iran currently grows and produces 1.2 million tons of fish and shrimp per year, said the deputy minister of agricultural jihad and director of the Iran Fishery Organization.
Iran starts mass production of combat UAV Kaman-12
The Iranian Air Force (IAF) officially unveiled the production line of a domestically-manufactured unmanned combat aerial vehicle named Kaman-12.
Climate change may undermine Cambodia’s mango production
Mango production is expected to decrease this year as climate change severely impacts yields, according to a mango association in Kampong Speu Province — Cambodia’s largest regional producer of the fruit.
Mouteh 10-month gold output at 346 kilograms
Production from Mouteh Gold Mine in Isfahan Province amounted to 346 kilograms in the 10 months to January 20, reported Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Eurozone industrial production falls more than expected in December
Eurozone industrial production fell more than expected in December, official estimates showed on Wednesday, pulled down by a drop in the output of capital goods, used for investment.
Pelletizing, rebar production plants become operational in western Iran
A pelletizing plant as well as a rebar production factory were inaugurated in the western Iranian province of Hamedan by First Vice President Es'haq Jahangiri on Tuesday.
South Pars daily gas production hits 600mcm
Natural gas production from Iran's South Pars gas field currently stands at 600 million cubic meters (mcm) per day, announced the managing director of Pars Oil and Gas Company.
Iran nine-month steel output hit 24m tons
Iranian steelmakers produced 24 million tons of steel during the nine months from March 21-Dec. 21, 2018, registering a 16-percent growth compared to the figure for the same period a year earlier.

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