China's steel production capacity is likely to peak in 2016 as capacity is eliminated, gradually outpacing additions, Fitch Ratings has predicted. The rating agency expects China's steel production capacity to increase to about 1.17 ...
Tags: steel production, Steel
The national teleconference on foreign trade was held in Beijing on February 26, 2015. Vice Premier Wang Yang attended and addressed the meeting. Also attending and addressing the meeting was Minister of Commerce Gao Hucheng. Gao said ...
Tags: high value-added products, corn processing products, textiles
India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders
Creekstone Farms Premium Beef has expanded its product range with the introduction of new Non-GMO project verified Black Angus Beef. Raised on a non-GMO diet, the new beef is said to be free of antibiotics and supplemental hormones. ...
Tags: Beef, non-GMO diet
South African food firm RCL Foods will acquire 33.5% stake in poultry producer Hudani Manji Holdings (HMH) in a $4.66m deal as part of an agreement between both the companies. The acquisition will allow the company to make its entry into ...
Tags: RCL Foods, food products, edible products, grain
The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics - both woven and knitted - to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS), according to a ...
Tags: Cotton Textiles, Textiles
Malaysia's Penfabric has become the world's first integrated textile company undertaking yarn spinning, greige weaving to dyeing and finishing, to be awarded the STeP by Oeko-Tex certificate for sustainable textile production and with it, ...
Tags: integrated textile, yarn spinning
Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...
Tags: textile manufacture, garment manufacture, cotton textile
The cotton textiles export promotion council (TEXPROCIL) has said that the removal of benefits on exports to African countries in the new foreign trade policy will affect shipments of value added products like cotton dyed and printed ...
Tags: cotton textiles, Textile
Swedish chicken producer Scandi Standard has agreed to acquire Lagerbergs in a SEK105m ($12.7m) deal. The company has signed an agreement to this effect which is subject to Swedish competition authority approval. Said to be the third ...
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile
China panel makers are continuing to move toward production of TFT Oxide displays for use in large-size applications in addition to AMOLED, with Tianma Microelectronics starting to make some of the biggest shifts, according to Digitimes ...
Tags: TFT LCD, OLED Display
Aditya Birla Group has announced the launch of Birla Cellulose’s ‘Liva’ brand. The Liva fabric uses Birla Cellulose’s viscose staple fibre (vsf) and is manufactured by the company’s accredited partners, who are ...
Tags: Aditya Birla Group, Liva fabric, fabric
Firm estimates that German market will represent 20 per cent of its sales in three years. Electronic toy specialist Ingo Devices is making further in-roads into the German market, having inked a number of new deals. The Spanish firm has ...
Tags: Ingo Devices, German market
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction