• briefing asia infrastructure aug 15, 2006 • briefing asia energy aug 15, 2006

investment strategy comes at a price. And as China raises its global profile, that price is likely to increase.
In time, payment of that price may even compel Beijing to more closely align itself with Western counterterrorist efforts. As the U.S. and China face more of the same risks, their interests may coincide as never before. Recognizing China's growing international clout, the Bush administration has called on Beijing to act as a "responsible stakeholder" in the international system. But it has largely failed either to entice or pressure China into taking the concrete steps that might ease tensions between the two states. Ironically, it is China's expansion and the risks Beijing assumes with its new international role that may eventually accomplish what Washington has not.
IAN BREMMER is president of Eurasia Group, a political-risk consultancy. He is the author of the forthcoming The J Curve: A New Way to Understand Why Nations Rise and Fall (Simon & Schuster).
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NIGER DELTA MILITIA GROUPS HAVE SENT A WARNING TO CHINA.CHINA'S GLOBAL INVESTMENT STRATEGY COMES WITH A PRICE.
PHOTO: ANTONIN KRATOCHVIL--AP/VII KEEP OUT Warning signs at a Chinese oil rig near Port Harcourt, Nigeria
Document FORTUI0020060530e26c0000a

www.smallcapstockalert.com , Stocks on the Move: SOEN, DPHIQ, UNCN, ICOS, XKEM
1,959 words

9 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Stocks on the Move: Solar EnerTech Corp. (OTCBB: SOEN), Delphi Corp. (PinkSheets: DPHIQ), Unico Inc. (OTCBB: UNCN), ICOS Corp. (NASDAQ: ICOS), Xechem International Inc. (OTCBB: XKEM)
FEATURED STOCK: Solar EnerTech Corp.
Ticker Symbol SOEN: Current Price (1.67) http://www.solarenertech.com
MENLO PARK, CA - Solar EnerTech Corp. (OTC BB: SOEN.OB - News) announces its support of the Solar America Initiative proposing the largest funding increase for solar energy research in U.S. budget history. President Bush's Fiscal Year 2007 Budget proposes a new $148 million Solar America Initiative with a 78% increase of $65 million over Fiscal Year 2006 appropriations for solar energy technology. Solar EnerTech is focused on the development and manufacture of quality solar cells, applications and advanced technologies and applauds the U.S. Department of Energy's commitment to clean solar energy.
According to the U.S. Department of Energy the Solar America Initiative is designed to accelerate the development of advanced photovoltaic (PV) materials that convert sunlight directly to electricity, with the goal of making solar PV cost-competitive with other forms of renewable electricity by 2015. The goal of the initiative is to generate enough solar energy by 2015 to provide 5 to10 gigawatts of electricity, enough to power 1 to 2 million homes.
Solar EnerTech is working to meet the growing worldwide demand for solar energy. Solar electric energy demand has grown consistently by 25% every year for the past 15 years. World solar PV market installations reached a record high of 1,460 megawatts in 2005, representing annual growth of 34% (MarketBuzz). Worldwide the solar PV industry generated approximately $6.5 billion in revenue in 2004 and is expected to reach $9.9 billion in 2006 and $18.6 billion in 2010 (SolarBuzz). Like the U.S.'s Solar America Initiative, many countries are implementing programs and policies in support of clean energy and government support is one factor driving industry growth and market adoption.
As recently announced, construction of Solar EnerTech's new state-of-the-art solar cell manufacturing plant in Shanghai is running ahead of schedule and within budget. The projected production capacity for its facility is estimated at an output of 20 megawatts per production line. At current prices this projection translates into roughly $37.5 million dollars in annual revenue per line. The Company's strategic plan is to have the initial 20 megawatts in production by fourth quarter of this year.
About Solar EnerTech Corp. (SOEN.OB)
Solar EnerTech is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China where the Company is establishing a sophisticated 42,000 square foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and put the results of that research to use immediately in its manufacturing processes. Led by one of the industry's top scientists, the Company's R&D program will work to bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.
SmallCapVoice.com, Inc. announced that a new audio interview is available at SmallCapVoice.com. The featured guest is Leo S. Young, President of Solar EnerTech Corp. (OTC BB:SOEN.OB). Mr. Young stopped by to discuss all of the Company's recent news as well as providing a strong outlook for the Company in 2006. The interview can be heard here at http://www.smallcapvoice.com/soen/soen-6-2-06.html .
China 3C Group Ticker Symbol CHCG: Current Price (6.20) www.smallcapstockalert.com
China 3C Group is a large-scale enterprise integrating the selling, circulation and modern logistics of 3C product (Communication Product, information technology products and digital products) in China through its two subsidiaries: Yiwu Yong Xin Telecommunication Company Limited, which is an authorized sales agent, focusing on the selling, circulation and modern logistics of fax machines and cord phone products in China, and Hangzhou Wang Da Electronics Company Limited, which is an authorized sales agent focusing on the selling, circulation and modern logistics of cell phones, cell phones products, IT products (including notebook or laptop computers), and digital products (including digital cameras, digital camcorders, MP3 players, PDA, flash disks, and removable hard disks) in China.
For in-depth analyst report please visit : www.smallcapstockalert.com
Ticker Symbol DPHIQ: Current Price (1.70) www.smallcapstockalert.com
Delphi Corporation supplies vehicle electronics, transportation components, integrated systems, and modules to vehicle manufacturers worldwide. Its Dynamics, Propulsion, Thermal, and Interior segment offers gasoline and diesel engine management systems that electronically optimize engine performance; air/fuel management subsystems; exhaust emission systems; batteries/energy storage products; valve train systems; ignition products; fuel handling systems and evaporative emissions canisters; vehicle stability control systems; controlled suspension systems; dynamic body control systems; suspension and brake components; steering systems and columns; hydraulic steering components; driveline systems; HVAC modules; powertrain cooling systems; climate control systems; thermal management systems; door modules; power closure systems; cockpit and interior systems; instrument panels; and modular products. The company's Electrical, Electronics, and Safety segment offers advanced audio systems and components, including satellite reception systems for vehicles and home use; wireless products; powertrain and engine control modules; sensors and actuators for digital control systems; body and security systems; safety systems electronics; reception systems for vehicle entertainment, communication, and information system solutions; collision warning systems; switches and mechatronic devices; electrical/electronic distribution systems; electrical centers; and occupant protection systems. Its Automotive Holdings Group offers halfshafts, batteries, filters, spark plugs, generators, and compressors. Delphi's products are also used in communication, computer, consumer electronic, energy, and medical applications. The company was incorporated in 1998 and is headquartered in Troy, Michigan. Delphi and 38 of its U.S. subsidiaries filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in October 2005 and operate their business as debtors-in-possession.
Ticker Symbol UNCN: Current Price (0.0017) www.smallcapstockalert.com
Unico, Incorporated operates as the holding company for Deer Trail Mining Company, LLC (DTMC); Silver Bell Mining Company, Inc. (SBMC); and Bromide Basin Mining Company, LLC (BBMC). DTMC operates, owns, and manages the Deer Trail Mine. BBMC conducts mining operations at the Bromide Basin Mines. In addition, SBMC operates the Silver Bell Mine. Unico primarily mines for silver, lead, and zinc. The company, formerly known as Red Rock Mining Co., Incorporated., was founded in 1966 and changed its name to Industries International, Incorporated. Subsequently, the company changed its name to I.I. Incorporated and to Unico, Incorporated in 1979. Unico is based in San Diego, California.
Ticker Symbol ICOS: Current Price (21.59) www.smallcapstockalert.com
ICOS Corporation, a biotechnology company, engages in the discovery, development and commercialization of therapeutic products. It is focusing on the development and commercialization of treatments for unmet medical conditions, such as benign prostatic hyperplasia, hypertension, pulmonary arterial hypertension, cancer, and inflammatory diseases. The company markets Cialis (tadalafil) for the treatment of erectile dysfunction through its joint venture with Eli Lilly and Company in North America and Europe. In addition, it engages in contract manufacturing services for third parties. ICOS has strategic alliance with Solvay Pharmaceuticals, Inc. for co-promotion agreement. The company was incorporated in 1989 and is headquartered in Bothell, Washington.
Ticker Symbol XKEM: Current Price (0.029) www.smallcapstockalert.com
Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
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Document MTPW000020060609e269002uu
Headlines

AERO VODOCHODY

Tim Ripley

25,755 words

6 June 2006

Flight International

FLIGI

English

(c) Copyright 2006. Reed Business Information Limited. All rights reserved.
AERO VODOCHODY
Aero Vodochody, 250-70 Odolena Voda, Prague 250 70, Czech Republic. Tel [phone]; fax [phone]; www.aero.cz
L-39/59/139
Aero Vodochody continues to offer upgrades to its L-39C Albatros, which was the standard jet trainer in the former Warsaw Pact countries from the mid-1970s. Israel Aircraft Industries and the Ukraine State Aircraft Repair Plant in Odessa unveiled an upgrade package in 2003 that featured a new glass cockpit and new weapon options for the L-39. Aero Vodochody announced in 2004 that it was re-invigorating its efforts to provide upgrade and after-sales support for existing L-39/59 customers, and recently signed a long-term logistics agreement with the Czech Republic. The Chuguyevskiy Aviation Repair Plant in Ukraine also offers upgrade and overhaul services for L-39s.
L-159
The L-159 advanced light combat aircraft was the major procurement programme of the Czech air force in the 1990s, which received 72 single-seat L-159As between December 2000 and 2004 following the type?s first flight in August 1998.
Budget problems mean the air force and Aero Vodochody are looking to sell or lease 47 of the service?s 71 remaining L-159As to export customers, so far without success. An initial three-year contract to provide spare parts for air force?s active fleet of 24 aircraft ? which conduct combat training and air reconnaissance duties ? was signed last February, with Aero Vodochody having last year signed a framework agreement to support the aircraft until 2029. The air force also intends to fund the conversion of four aircraft to the two-seat L-159B lead-in fighter/weapons trainer standard; a development which first flew in June 2002.
AERONAUTICAL DEVELOPMENT AGENCY
Aeronautical Development Agency, Ministry of Defence, Government of India, PB 1718, Vimanapura Post, Bangalore 560 017, India. Tel [phone]; fax [phone]; www.ada.gov.in
Tejas Light Combat Aircraft
India?s first Light Combat Aircraft (LCA) prototype was rolled out in November 1995 but did not fly until January 2001. The programme was hindered by a US embargo, imposed after India?s 1998 nuclear tests, that blocked GE and Lockheed Martin from assisting development.
Design started in the early 1980s with an initial eight limited-series production aircraft, ordered in early 2002 and then expected to enter Indian air force service from 2008-9. Although the 13t-class aircraft is designed to be a multirole, all-weather fighter, its primary mission is air superiority. Dassault acted as consultant during project definition. The aircraft was named Tejas in 2003.
Two technology demonstrator and two prototype aircraft have since made around 520 flights, including supersonic flight. Five prototypes are planned, including a two-seater, and two additional naval prototypes are being built for carrier trials with money that has been allocated to develop a naval version. The Aeronautical Development Agency (ADA) has completed the project definition phase and aims to receive carrier operational clearance for a prototype by 2007.
In response to the US embargo, Bangalore-based ADA developed its own flight-control system to replace Lockheed?s. Engines were less of a problem as F404-F2J3s had been delivered by GE before the ban. Development of the LCA?s domestic Kaveri powerplant is under way at India?s Gas Turbine Research Establishment and examples are to be delivered to Russia by mid-year for run-up trials on an Ilyushin Il-76 test-bed ahead of installation into a prototype LCA by the end of the year. Snecma has been contracted to help in the final phase of the engine development effort. Delays forced the ADA to turn to GE to restart delivery of more F404 engines. In addition to 11 already delivered, 13 more are on order for delivery in 2006 ahead of flight testing in 2007. IOC is now expected in 2010. An order for 20 aircraft worth $547 million was placed in March 2006, plus 20 options. The Indian air force and navy require up to 200 single-seat and 20 two-seat LCAs, to be built by Hindustan Aeronautics. Testing of the Tejas recently suffered a fresh setback, with its fire-control radar performing poorly in airborne trials.
AIDC
Aerospace Industrial Development Corporation, No 111-6, Lane 68, Fu-Hsing North Road, Taichung, Taiwan 407, Taiwan. Tel [phone] ext. 502801; http://www.aidc.com.tw/AIDCsite/enpub/eContactus.htm
F-CK-1A/B
Deliveries of Taiwan?s 131 Ching-Kuo Indigenous Defence Fighters (IDF) were completed in January 2000, having begun in 1992. The Taiwanese government has awarded the Aerospace Industrial Development Corporation (AIDC) a $225 million contract to develop an advanced version, which should enter service around 2010. Dubbed the ?Joint Countermeasure Vehicle? development programme, this is understood to be a suppression-of-enemy-air-defence version of the IDF to be equipped with a modified anti-radiation version of the Tien Chien 2 medium-range air-to-air missile. A ?Derivative IDF? advanced trainer was one contender for Taiwan?s AT-3 trainer replacement, which has yet to be decided, but Taiwan has signalled that it wants AIDC to assemble a foreign-designed aircraft. An IDF upgrade project started in 1998, which includes the installation of BAE Systems combined interrogator/transponders, Litton improved radar warning receivers and a Rockwell Collins instrument landing system. AIDC continues to conduct product development work for the Taiwanese air force, and a ?Soaring Upgrade? version with extended range and endurance is under evaluation for possible entry into service in 2010.
AEROSTAR
Aerostar, 9 Condorilor Street, Bacau 600302, Romania. Tel + 40 234 575070; fax [phone]; www.aerostar.ro
MiG-21
Aerostar and Israel?s Elbit Systems developed the Lancer upgrade for the MiG-21MF and MiG-21bis. A $300 million programme for the Romanian air force equipped 110 aircraft with new cockpit avionics, HUD, helmet-mounted sight, new mission systems and an Elta multimode radar. The last aircraft were delivered in mid-2003. The company is upgrading 12 Croatian MiG-21bis/UMs to the UD standard and the first examples were returned to Zagreb during 2005. The Romanian air force announced in 2004 that it is to phase out its Lancers by 2016 in favour of Western aircraft.
Seventy-five Lancer As are intended for ground attack. Twenty-five Lancer Cs are for air defence and 14 Lancer Bs are trainers (developed from the MiG-21UM).
Romania is to buy Rafael Python IV/V AAMs for use on its Lancers. During 2005 several of its Lancers visited the UK for joint training with RAF Panavia Tornado GR4s.
AIRBUS
Airbus, 1 Rond Point Maurice Bellonte, Blagnac, 31707 Cedex, France. Tel [phone]; fax [phone]; www.airbus.com
Separate from its military company, Airbus markets versions of its airliners for military use as tanker/transports and special-mission platforms.
A310
Germany was the first customer for the A310 multi-role tanker-transport (MRTT), having ordered four conversions by an Airbus Deutschland/Lufthansa Technik consortium in late 2000. Flight testing began in late 2003. The aircraft are fitted with lower-deck fuel tanks, wing-mounted refuelling hose drums and an operator?s station behind the cockpit. The Canadian government also signed a contract to convert two of its five A310-300s into MRTTs. The first German and Canadian aircraft were handed over in September 2004. Airbus is offering MRTT conversions to current and potential A310 operators, with an EADS-owned example also being used as a testbed for EADS Casa?s new advanced refuelling boom system. An initial six test flights had been completed by March 2006.
A320 family
Raytheon unsuccessfully offered the twin-engined A320 or A310 as a platform for Israel Aircraft Industries? Phalcon AEW system, with the active-array radar in a non-rotating dome above the fuselage. Northrop Grumman is offering to use the A321 as the platform for its Transatlantic Industrial Proposed Solution (TIPS) for NATO?s $4.2 billion Alliance Ground Surveillance (AGS) programme, in conjunction with its Global Hawk UAV. A request for proposal was issued in April 2006, with the next phase expected to be the issue of a design and development contract worth $600 million in late 2006 or early 2007. This will allow the TIPS project to go forward to IOC by 2013. However, funding problems have led to suggestions that the manned element of AGS could be dropped in favour of an all UAV solution.
EADS Casa is offering an anti-submarine warfare development of the A319 to meet an Indian navy requirement for eight aircraft to replace its Lockheed Martin P-3Cs. The development advances an earlier concept to produce A319-based maritime patrol aircraft for Germany and Italy.
A330
The twin-engined A330-200 was selected for the UK?s Future Strategic Tanker Aircraft programme in January 2004. This was transformed into preferred bidder status in February 2005 and a programme go-ahead is expected from next month, with a contract to follow in late 2006 or during 2007. The PFI deal originally had an in-service date of 2009 and a proposed fleet of up to 20 aircraft, but just 14 are now likely to be delivered to replace RAF Lockheed TriStars and Vickers VC10s. Australia also selected a boom-equipped A330-200 in April 2004 to provide its next-generation AAR capability and a contract for five aircraft was signed in December 2004. The first aircraft made its flight debut last March and recently appeared in RAAF markings. Deliveries are due from 2008 for entry into service the following year.
EADS hopes to sell a boom-equipped KC-30 tanker-transport version of the aircraft to the USAF in partnership with Northrop Grumman, with the aircraft to be assembled in