Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
Southern Glazer's Wine and Spirits has completed combining the businesses Southern Wine & Spirits of America and Glazer's forming Southern Glazer's. Southern and Glazer's announced the signing of a definitive agreement to combine their ...
Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company
The executive board of Asia Pacific Logistics Federation (APLF) (chairman David Rogers, director from the Supply Chain & Logistics Association of Australia (SCLAA), vice chairman He Li Ming, China Federation of Logistics and Purchasing ...
Turkish food group Yildiz Holding has formed a new London-based company by combining its biscuit, chocolate, and confectionery businesses. The move is aimed at expanding its global presence and improving its competitiveness in the global ...
Hyundai Motor is partnering with networking equipment firm Cisco to speed up the development of connected vehicle technologies. The collaboration comes after the South Korean automaker this month revealed a road map to develop ...
BAIC BJEV, a new energy automaker in China, has signed a strategic cooperation agreement for Sino-German Automotive Light Weighting Technology Joint R&D Center with Dresden University of Technology (TUD) in the Council Chamber of the state ...
Tags: Electric Cars, energy automaker
The United States is expected to be the most competitive manufacturing nation, moving China into the number two position by 2020, according to the 2016 Global Manufacturing Competitiveness Index report from Deloitte Touche Tohmatsu Limited ...
"We will create an investment environment that is fairer, more transparent and more predictable. China must always be a land that attracts foreign investments," said Chinese Premier Li Keqiang on March 5, in his 2016 government work report ...
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
China on Thursday donated mine clearance equipment to Cambodia and start-up funds to the ASEAN Regional Mine Action Center. The 500,000-U.S. dollar donation included office equipment worth about 250,000 dollars to Cambodia, and start-up ...
One of China's biggest securities firms, Guotai Junan Securities Co. has announced the decision on Wednesday to return its Chairman and Chief Executive Officer, Yim Feng to active duty. In a statement issued on Wednesday, the company said ...
Tags: Guotai Junan, Chairman
According to the HCM City Energy Conservation Center, only 1,200 LED lights are used out of the total 102,500 bulbs for public lighting. Most of the other lights are high-pressure mercury (HPM) or high pressure sodium (HPS) lights, reported ...
Tags: LED lighting, public lighting
LIGHTFAIR® International (LFI®), the world’s largest annual architectural and commercial lighting trade show and conference, returns to Philadelphia’s Pennsylvania Convention Center in 2017 for its 28th-annual staging ...
Tags: LEDs, OLEDs, luminaires