Canadian packaging company CCL Industries has signed an agreement to acquire John Watson & Company, a label converter in Glasgow, Scotland, through the purchase of shares. The acquisition is said to complement the global network of CCL ...
Apollo Tyres is planning INR3bn ($54.27m) investment over the next two years in its Kalamassery facility in Kerala, India to turn it into an export-oriented unit to produce industrial tyres. The manufactured tyres will be exported to ...
Tags: Apollo Tyres, industrial tyres, rubber plantations, natural rubber
Siemens Metals Technologies received an order from the Taiwanese steelmaking company Formosa Heavy Industries Co to supply four continuous casting lines as part of the new construction of a Formosa Ha Tinh Steel Corporation,steelmaking ...
Tags: Siemens, Formosa, continuous casting lines, casting
PTI quoted Morgan Stanley as saying that India is expected to register a gradual recovery in the economic growth rate to 6.1% in 2013 driven by positive impact from policy actions and acceleration in farm output growth. The report said ...
Tags: Morgan Stanley, India, farm output growth
ECOtality and Changchun Eco-Power Technology have jointly formed a new joint venture (JV) to meet the demand of the developing EV industry in China. The new JV called Tianjin Eco-Power Technology will manufacture and distribute ECOtality ...
Tags: ECOtality, Changchun, EV charging
Automotive Axles (AAL), a manufacturer of rear drive axle assemblies, is planning to build a new greenfield plant in Madhya Pradesh, India and is now in the process of finalising the location. AAL is a joint venture of auto components ...
Tags: rear drive axle assemblies, new auto parts plant, automotive axles
Methanex Corporation announced that it has been granted the required air permits by the State of Louisiana and the EPA to construct and operate its one million tonne methanol project in Geismar,Louisiana. Bruce Aitken,President and CEO of ...
Takamul Investment Company, the downstream investment subsidiary of Oman Oil Company, is actively weighing the feasibility of establishing a ferrochrome smelter project in the Sultanate. An official of Takamul said that "Weaare still in ...
PM Group has announced that it has been awarded a design and project management contract for McCain Foods in India. The project involves the construction of a $69m food manufacturing facility in Ahmedabad, Gujarat. McCain Foods is a ...
Private investment firm TPG has signed an agreement with Investcorp to acquire heavy-duty truck and trailer parts retailer FleetPride for an undisclosed amount. The transaction, which is expected to close in the fourth quarter of 2012, is ...
New Minya Governor, Dr. Moustafa Kamel Eissa, tours ASEC Cement s $360m state-of-the-art greenfield cement plant as it initiates cold run testing. ANCC will create a total of 1, 200 direct and indirect jobs in Upper Egypt. The new Governor ...
Tags: market view, cement
PHOENIX (Nov. 5, 10:30 p.m. ET) -- Flambeau Medical Markets Group is investing in excess of $2.5 million and moving into the medical device contract manufacturing business as part of its plan to grow sales of the group to $100 million by ...
Dutch workwear producer Van Puijenbroek Textiel(VPTEX)started the realization of its investment in Macedonia,being worth EUR 2 million.Factory will produce protective equipment.Production will be intended for foreign markets,mainly for the ...
Tags: workwear, Van Puijenbroek Textiel, investment, protective equipment
Even in the midst of rising demand from China's ethylene sector, naphtha's contribution to the sector's overall feedstock mix is expected to fall over the next three years, Shu Zhaoxia, Chief Analyst for Chemicals at state-owned refiner ...
Bangkok,Thailand:Thailand is offering hefty tax breaks and other incentives in order to attract greenfield investment from Indian manufacturers.Teams from Thailand's Board of Investment(BOI)were touring the country to call on industrialists ...
Tags: Furniture, Tax, Greenfield, Investment