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He said two Mehr Mandegar projects in petrochemical sector, Kavian Petrochemical Plant and West Ethylene Pipeline, worth $2 billion, were inaugurated yesterday adding the remaining projects would come online gradually.
This production is expected to come online sometime in 2012.
Blanca Commercial Real Estate has only formally existed since April, but its founder's successes already include recruiting leasing and marketing expert Danet Linares from the Foram Group and the high-profile agreement to manage 1450 Brickell, a luxury office building set to come online early next year.
Some of the skeptics point to the sharp increase in new capacity that is slated to come online. Simultaneous to the increase in mined nickel output, some industry watchers are forecasting a decline in stainless steel production during the second half of this year, which could result in nickel moving into a surplus, further depressing prices.
More than 5 million tons of new recycled papermaking capacity will come online in Europe by 2007.
"We are committed to developing solutions that will help the adoption of e-commerce by the next 20 crore consumers who come online. As language is a convenience and not a barrier, we believe this native language capability will play a significant role in further adoption of e-commerce in the country," he said in a statement.
Much of the company's focus will likely be on India, where Cox said a third of the next billion to come online will come from.