The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...
The infrared (IR) LED market for surveillance applications will grow from $94m in 2014 to $120m in 2015, according to '2Q15 Gold Member Report - 2015 Global LED Supply and Demand Market' from LEDinside (a division of TrendForce). ...
Henkel Adhesive Technologies India, an arm of German consumer giant Henkel, will pump in €30m ($34m) into a new adhesives unit in the state of Maharashtra. Expected to be operational by early 2017, the new manufacturing unit will be ...
Tags: Henkel, Adhesive Making Unit
The BMW has pared off extra pounds from its 7 Series sedan, production of which has kicked off at its Dingolfing plant in Germany. With the series output of the new variant set to begin next month, the sedan boasts of innovations in ...
Tags: BMW 7 Series, BMW
Despite significant regional challenges, international retailers are taking the long-term view on investments in developing markets and are persisting in finding solutions, according to global management consulting firm A.T. Kearney. The ...
Tags: Global Retail, Retail
Plastic packaging and coatings company Coveris Holdings has acquired Elldex Packaging Solutions, a division of Hellaby Holdings, with packaging businesses in New Zealand and Australia. Elldex manufactures and imports HDPE and LDPE ...
Tags: Hellaby's Packaging, Packaging
Automobili Lamborghini has launched its third luxury SUV, set for hitting the market in 2018. The new Lamborghini SUV will be produced at the company's Sant'Ag ata Bolognese unit, in line with the company's policy to make in Italy. ...
Tags: Automobili Lamborghini, SUV
Chinese automobile manufacturer GAC Motor is expanding its footprint in the Middle East with the introduction of its vehicles in Lebanon and Qatar. The car maker has partnered with distributors Bazerji Motors in Lebanon and Domasco in ...
Tags: GAC Motor, Auto Parts
Wacker Polymers is to raise its prices for Vinnapas vinyl acetate homopolymer dispersions as well as Vinnapas vinyl acetate-ethylene and Vinnol ethylene-vinyl chloride-based copolymer dispersions in Europe, the Middle East and Africa ...
Arla Foods has agreed to form a joint venture (JV) with Egypt-based dairy company Juhayna to sell its products in the country. The JV will add cheese, butter and infant formula to Juhayna's existing product portfolio including ...
Tags: Arla Foods, Dairy Product
Tokyo is the world’s hottest market for retail expansion, attracting 63 new brands last year as leasing momentum in core areas remained strong, despite mixed signals in the economy and an increase in the sales tax to eight per cent in ...
Michael Stephen, chairman of the Oxo-biodegradable Plastics Association and deputy chairman of Symphony Environmental Technologies, discusses how this material biodegrades in the outdoor environment. Oxo-biodegradable plastics have from ...
French agricultural co-operative Terrena and oilseed investment firm Sofiproteol are in talks to acquire a controlling stake in poultry exporter Doux. If these talks succeed, Terrena will acquire 52.5% stake in Doux from D&P ...
Tags: Poultry Exporter, Doux, food service
From the organizers of some of Saudi Arabia’s premier events, the new MTE 2015 – Machine Tools Exhibition is launched. MTE 2015 has been established to meet the requirement for the largest machine tools market in the ...
Tags: Footprints
Orkla has reported a 10% increase in operating profit , totalling NOK 725m in the first quarter of 2015. The Branded Consumer Goods business achieved EBIT (adj.) of NOK 769 million, an improvement of 11% from the first quarter of 2014. ...
Tags: Orkla, Hydro Power