Solvay, world leader in Soda Ash, announced its decision to proceed with the optimization of its global industrial footprint. The Group’s strategic intent is to reinforce its positioning by adjusting its production capacities in line ...
Tags: soda ash business, Solvay, Essential Chemicals, industrial assets
The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn
What began 125 years ago as a modest corset creation business in a small barn in Heubach in Württemberg in South-West Germany has now developed into one of the world's leading producers of lingerie and underwear. Then as now customer ...
Tags: Oek Tex, modest corset, lingerie, underwear
. As part of the agreement, the franchise will have an option to acquire the remaining 49% of the Philippines bottler for seven years after the closing of the deal and also has an option to sell the stake back to Coca-Cola in year six. ...
Tags: Coca-Cola FEMSA, Philippines Bottler, Coca-Cola Company's Philippines
Saudi Aramco, Saudi Arabia's national energy company, said on Sunday it had repaired 30,000 workstations infected with a malicious virus earlier this month. The eighth largest refiner in the world said its main internal networks were ...
Tags: Saudi Aramco, Saudi Arabia, computers, network, malware attack
Danone is to cut EUR200m (US$261m) in costs from its European operations in a bid to "win back its competitive edge" in the region after falling sales. The French food giant said it would "adapt" its management structure in Europe and ...
Tags: Danone, costs, European operations
Hershey has teamed up with Mexican cocoa supplier AMCO to re-introduce the cultivation of the commodity in the south of the country. The US confectioner has launched the Mexican Cocoa Project to help cocoa growing in a country where ...
Tags: Cocoa Crops, cocoa prices, production plants
Global snacks group Mondelez International has revealed an R&D site in New Jersey is still closed in the wake of the super storm Hurricane Sandy that swept across the eastern parts of the US this week. Food manufacturers that shut ...
Tags: snacks group, snacks, Food manufacturers, Storm
Intersnack has reached a deal to acquire the snack unit of United Biscuits for an undisclosed sum. The privately-held German snack group will take control of KP Snacks, the UK's second-largest snack business with an annual turnover of ...
Tags: undisclosed sum, snack group, KP Snacks
HIG Capital has completed takeover of Arctic Glacier Fund, encompassing all its subsidiaries to create an ice packaging firm. Arctic Glacier produces, distributes and markets packaged ice, running 39 production plants and 49 distribution ...
Canadian packaging company Cascades’ Norampac division has acquired Bird Packaging's converting and storage facilities in Guelph, Kitchener and Windsor in Ontario. The latest investment is part of Norampac's development strategy ...
Indian flexible packaging manufacturer Uflex will secure EUR30m financing for its third expansion project in Poland, from KfW IPEX-Bank in Germany. Uflex is establishing its first European production facility in Wrzesnia, Poland, which ...
Color Solutions International(CSI)announced that it is partnering with American&Efird(A&E)to bring Brands and Retailers a new value added technical solution called Color Wall SEAM LINK.This new benefit is a proprietary technology that ...
Tags: CSI, value added technical solution, Color Wall SEAM LINK
Japanese automaker Nissan has confirmed its industrial expansion plans in Russia by investing additional EUR167m to expand its production plants in St. Petersburg in northwest Russia by 2014. The carmaker's expansion plans follows its aim ...
Tags: Nissan, expansion plans, Russian
Japanese heavy machinery manufacturer Mitsubishi Heavy Industries (MHI) is planning to relocate its forklift truck production in Almere, Netherlands. Under the plan, Mitsubishi Caterpillar Forklift Europe (MCFE), a manufacture of ...
Tags: heavy machinery manufacturer, Mitsubishi Heavy Industries