Advanced Sports International will shift production of bikes destined for the EU to Ideal's China and Poland factories to achieve more competitive pricing, reduce logistics and shorten lead times. Previously, ASI bikes sold in the EU were ...
Tags: Bikes
Cooper Tire & Rubber Co. posted net income of $35 million on net sales of $884 million for its second quarter ended June 30, 2013. That compares to net income of $52 million on net sales of $1 billion for the same period last year. ...
Tags: Cooper Tire, Auto Parts
Shri P. Chidambaram, Shri Manikam Ramaswami, Chairman, TEXPROCIL said “The Budget has addressed many of the issues faced by the textiles industry”. The Budget has restored the “Zero duty excise duty route” for cotton ...
Tags: Budget Positive, Growth Oriented, Texprocil, textiles industry
The arbitrage window to move polypropylene cargoes from China to Southeast Asia has opened on paper, but no cargoes have been booked so far for the voyage, traders said Wednesday. Demand for PP is weak in China ahead of the long Lunar New ...
Tags: polypropylene cargoes, China, chemicals
Clariant, a world leader in specialty chemicals, inaugurated a new production site for its Industrial & Consumer Specialties Business Unit (ICS), at the city of Coatzacoalcos, Mexico. Hariolf Kottmann, Clariant CEO, was present on-site to ...
Clariant inaugurated a new production site for its Industrial and Consumer Specialties Business Unit (ICS), at the city of Coatzacoalcos, Mexico. Hariolf Kottmann, Clariant CEO, was present on-site to start its operations and to reassure ...
Tags: Clariant, Production Site, Mexico
Chongqing Xingang Changlong Logistics Company has commenced operation of the third steel terminal at Chongqing Iron & Steel Group’s port terminal project. The three terminals combined will now have a total annual capacity of 3 million ...
Tags: Chongqing Xingang Changlong Logistics Company, steel terminal
Jotun opened in March at Sandefjord, Norway, a decorative paints plant costing NOK 500 million ($87 million), which the company claims is one of the most modern in the world. It replaces two other decorative paints units in the country. ...
Tags: Jotun, Meanwhile AkzoNobel, high-tech decorative paints
Visit www.coalguru.com to keep yourself updated with latest news and happenings in coal sector globally BUMI price up after Bakrie separation announced Coalspur and CN agree on key supply chain terms logistics costs CONSOL Energy Fola ...
Tags: coal sector, latest news, key supply chain terms, logistics costs
Reuters reported that China's large copper smelters are offering 2013 exports of refined cathode at cheaper premiums ranging from about 12% to 21% less as they compete with major suppliers such as top world producer Codelco boosting supply ...
Tags: copper smelters, copper cathodes, premiums
US carmaker General Motors (GM) has commenced construction of a new $200m facility at its Arlington manufacturing plant in Texas. The investment on the new stamping plant is part of the company's $500m investment programme made in ...
Tags: GM, new facility, Texas
November 26, 2012 - A new report from GE finds that enabling internet-connected machines (the industrial internet) to communicate and operate automatically can bring substantial efficiency gains. Were the industrial internet to boost annual ...
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group
Frustrated by the additional expense and difficulties with slower shipping,Seesmart Technologies(SEST)feels it is very important to have more control over the manufacturing process,as a result,it has intended to increase their production of ...
Tags: North America, LED lighting, Seesmart, federal agencies
A limited availability of logs, high log purchase prices, and negative effects on sales of softwood lumber by the general economic and financial crisis have been hampering the business activity of softwood lumber producers in the European ...
Tags: industry trends, softwood lumber