Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...
Tags: Huawei, ZTE, Colombian Market, cellphone
Ashland Specialty Ingredients, a commercial unit of Ashland Inc., plans to invest approximately $89 million over the next three years to expand specialty chemical production at its manufacturing facility in Hopewell, Virginia. Virginia ...
Tags: Ashland Specialty Ingredients, chemical production, Construction
Hardide Coatings has invested a six-figure sum in its UK manufacturing facility – increasing its installed capacity by nearly 50 percent to deal with growing demand for its range of nanostructured tungsten carbide coatings. The ...
Volkswagen's Audi division plans to spend nearly €24bn ($29.3bn) on new models, plants and technology over the next five years, an increase of €2bn from the previous planning period. Audi said it is expanding the 'biggest ...
Tags: New Models, Plants, Technology, Auto
NYSE-listed LyondellBasell Industries said it posted second consecutive quarter of record earnings, while its EBITDA crossed $2 billion for the first time in the third quarter of 2014. Earnings from continuing operations for the third ...
Tags: chemicals producer, ethylene market, Textile
Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
Evonik has invested in its German operations with new large-scale industrial plants, capacity expansions, and new research centers. The company plans to invest some two billion Euros of the extensive investment program it has developed as ...
Tags: Chemicals, Construction, Decoration
Automotive supplier cand increase production of gasoline high pressure injector, fuel rail and pump assembly lines in Newport News, Virginia, US with an investment of $150m. The project represents the company's first investment in ...
Tags: Continental, Operations, Auto Parts
Rigid film solutions manufacturer Klöckner Pentaplast Group has strengthened its production capacity in Europe and South America as part of its €45.6m investment program. The firm invested €6m at Newport/Crumlin facility ...
Tags: Pentaplast, Packaging, Printing
LyondellBasell Industries announced earnings from continuing operations for the second quarter 2014 of $2.22 diluted earnings per share, or $1.17 billion. Second quarter 2014 EBITDA was $1.94 billion. The increase from the first quarter ...
Tags: LyondellBasell, Q2 Ebitda, Textile
Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that it has completed a major project within the scope of its investment program with the launch of a mobile crushing and sorting ...
Tags: Metalloinvest, Crushing Plant
Audi delivered a convincing performance in the first half of 2014 with solid key figures. In the period of January through June, the Ingolstadt-based carmaker set a new record with deliveries of 869,355 Audi vehicles. The Audi Group ...
Porsche AG can look back on a very successful first half of 2014. Deliveries covering the period from the beginning of January to the end of June rose by eight percent to 87,803 vehicles compared to the same period last year. Revenue in ...
Tags: Auto Parts, Transportation, auto, car
BA Glass Group is all set to upgrade and expand two container glass production facilities in western Poland upon receiving a €16.5m loan from the European Investment Bank (EIB). Said to be the first part of the total approved ...
Tags: BA Glass Group, container glass, Packaging
US-based manufacturer of single-use foodservice packaging products Dart Container is all set to expand its business in Horse Cave city of Hart County by building a new warehouse. The company will invest over $23m to build the new ...
Tags: Dart Container, new warehouse, Packaging