In the first fortnight of August, cotton prices kept on rising in the Brazilian market, pushed up by the low domestic supply and although harvesting season has begun. According to a CEPEA report, sellers pulled back and held on to good ...
Tags: cotton prices, cotton
The Center for the Polyurethanes Industry (CPI) has announced the finalists for the 2015 Polyurethane Innovation Award, selecting innovations created by Dow Chemical, Honeywell and Novomer. Since its inception in 2005, the Polyurethane ...
Textile spinning mills affiliated to the Northern India Textile Mills' Association (NITMA) are considering cutting back production and shutting down their mills once a week against the current trend of operating a mill 24x7. In a press ...
Tags: spinning mills, yarn, Textile
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
Ball Corporation will close its beverage packaging end-making plant in Bristol, Virginia, next year. Opened in 1971, the Bristol plant is one of the oldest North American beverage packaging units of the company. It makes can ends in a ...
In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
FedEx has joined Southwest Airlines to buy out Red Rock’s entire eight-year jet fuel inventory — key milestone for project construction. Red Rock takes waste biomass from forests and sawmills, and using a proprietary process, ...
US-based flexible packaging products maker Bemis Company has inked a pact for the acquisition of South American rigid plastic packaging business of Brazilian firm Emplal Participa. The transaction, contingent upon customary closing ...
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into a definitive agreement to sell its ...
Magna International has inked a pact to purchase automotive transmissions supplier Getrag Group of Companies (Getrag) in a deal valued at 1.75bn Eur. Likely to close by this year-end, the transaction for the 100% equity incorporates ...
Tags: automobile manufacture, company acquision, Getrag Group
In the just gone by fortnight ended July 15, besides weakened pace of trades in early July, cotton prices remained high in the Brazilian market. “Low cotton supply for prompt delivery and purchasers’ need to trade pushed ...
Tags: cotton price, cotton
Flexible packaging firm GualapackGroup has acquired a majority stake in Tradbor Indústria e Comércio (Tradbor Stand-up-Pouches), a pre-made stand-up pouches manufacturer in So Paulo, Brazil. The Brazilian company is stated ...
Tags: packaging material, packaging carriage, GualapackGroup
Baler and recycling engineering firm Middleton Engineering has installed a new swan neck conveyor at Biffa Polymers’ Wilton International Petrochemical Complex in Redcar, UK. Biffa is an integrated waste management business that is ...
Despite dairy commodity prices dropping globally, Murray Goulburn’s share debut on the Australian Securities Exchange (ASX) has been a strong one. Murray Goulburn is the largest of the Australian-owned dairy processors to list on the ...
Tags: Murray Goulburn's share, agriculture and beverage, dairy processor, milk
In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel