PPG Industries reported third quarter 2014 net sales from continuing operations of $3.94 billion, up $161 million, or 4 percent, versus the prior year. Third quarter 2014 reported net income from continuing operations was $377 million, or ...
Tags: PPG, Construction Coating
Petainer, a UK-based container manufacturer and supplier of plastic packaging for beverages, will launch the petainerKeg Linestar, which will help reduce logistics costs by up to 30%. The new product is based on the petainerKeg classic ...
Tags: Petainer, PetainerKeg Linestar
Mercedes-Benz sees good prospects in the US market and is expanding the local production capacities in the country. "We are consistently seeing record sales in the USA. By launching the new C-Class we are setting new standards in our ...
Tags: Mercedes-Benz, Tuscaloosa Plant
Hibbett Sports Inc. lowered its earnings forecast for fiscal 2015 by roughly 5 percent Thursday based on preliminary estimates of results for the 13-week period ended Aug. 2. The retaile said it expects net sales for the period to ...
CBR,part of HeidelbergCement,announced Wednesday to staff representatives that the company plans to close the Harmignies 0.22Mta white cement plant in Belgium,a move which is expected to affect 97 jobs. "This announcement can be ...
Tags: Cement Plant, Construction
Confederation of Indian Textile Industry (CITI) has welcomed the restoration of export benefits under Incremental Export Incentivisation Scheme (IEIS) vide Notification No.66 (RE-2013)/2009-2014 dated 23rd January 2014, on cotton yarn. In ...
Tags: textile products, new markets
By 2016, General Motors executives want to reduce the automaker’s North American material and logistics costs by $1 billion, according to a Detroit News report. The project involves creating localized logistics and distribution ...
Tags: GM, transportation
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that on December 18 it signed an agreement to establish a long-term strategic cooperative partnership with Dalian Port Group Co. with the aim ...
Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. has announced that it plans to launch an e-commerce platform for the iron and steel industry within the current year. Wang Jing, an ...
The groundbreaking ceremony for the iron-making plant of Baosteel Zhanjiang Iron and Steel Co. has been held in Zhanjiang, Guangdong, as announced by Chinese steelmaker Baoshan Iron and Steel (Baosteel) on October 21. The ceremony marks the ...
Tags: steel, Metallurgy, Mineral, Energy, Construction
Capgemini Consulting, in cooperation with Penn State University, executive recruiting firm Korn/Ferry International, and global logistics and supply chain management provider Penske Logistics, has released findings from the 2014 18th Annual ...
Tags: 3PL Transport, Logistics, Service
US-based vehicle manufacturer General Motors (GM) has opened its new $200m contiguous stamping plant in Arlington, Texas. This new stamping facility will produce large metal parts, such as doors, hoods and side panels, for the next ...
Tags: vehicle, General Motors
PT Semen Indonesia (Pesero) Tbk is establishing a packing plant in Banjarmasin, Indonesia. The company has reported that the facility was 90% complete as of August 2013. It is expected to begin operating in 4Q13. Rp120 billion has been ...
Tags: Packaging, Printing, cement, Construction
Barry Callebaut has unveiled a new cocoa processing facility in Makassar, Indonesia through its joint venture (JV) with Comextra Majora, following an investment of $33m. The swiss cocoa and chocolate products manufacturer entered into the ...
Tags: Cocoa Facility, Barry Callebaut
German developer and manufacturer of vacuum insulation panel (VIP) va-Q-tec has announced the opening of a US office in East Rutherford, New Jersey, in a bid to expand into the North American market. The new presence will allow the ...
Tags: vacuum insulation panel