The European Commission has launched an in-depth investigation into Mondi's proposed acquisition of two industrial packaging plants from Walki in a bid to ensure that the deal is pursuant to the EU Merger Regulation. The regulator is ...
Tags: Mondi, packaging plants, Extrusion coating
Sika is continuing to increase its production capacity in Russia through new and expansion investments. In Volgograd, in southern Russia, a mortar factory and a plant to produce concrete admixtures are being opened. At the existing site in ...
Tags: concrete admixtures, polymers
Belgium based weaving technologies manufacturer Picanol Group reported an 18 per cent year over year hike in sales for the six months to June 30, 2015. Picanol realised a consolidated turnover of €259.8 million in the first half of ...
Donaldson Company, a global leader in engine filtration, has announced that it has entered into a binding agreement to acquire 100% of the shares of Industrias Partmo. Partmo is a leading manufacturer of replacement air, lube and fuel ...
Tags: auto manufacture, Partmo, engine filtration
Far Eastern New Century Corporation (FENC), one of Taiwan’s leading textile makers, will invest NT$ 10 billion (US$ 320 million) to expand its existing capacity in Vietnam. In a statement issued following the company’s ...
Jowat Adhesives has inaugurated a new production site near Kuala Lumpur in Malaysia, to expand its production capacities and distribution activities in the region. The new Jowat site located in the Industrial Park Bandar Enstek ...
Tags: Jowat, Jowat Adhesives
Global packaging and paper group Mondi has agreed to acquire two extrusion coating facilities from Walki Group for EUR60m. The transaction includes Walki's industrial packaging facilities in Pietarsaari, Finland and Wroclaw, Poland. ...
Tags: paper packaging, Packaging
A textile machinery symposium was held at Tehran in Iran by VDMA, the German association of machinery manufacturers on April 21 and 22, 2015. “Around 600 Iranian guests attended the symposium which was the first German event of ...
China-based Hanergy Thin Film Power Group Ltd and the Huangpi District People's Government in Wuhan City have entered into an investment cooperation agreement to construct a gallium arsenide (GaAs) thin-film solar cell R&D and manufacturing ...
Tags: Solar Cells, gallium arsenide
Mercedes-Benz has commenced production of first locally build compact car, the GLA, at its new facility in Beijing, China. Covering 1.5 million m2 area, the facility has been built within less than three years with an investment of ...
Tags: Mercedes-Benz, Compact Car
Mercedes-Benz has started production of GLE Coupé at its plant in Tuscaloosa, Alabama, US. The GLE Coupé is a new series of Mercedes-Benz that incorporates characteristics of a coupé with SUV. The company said it ...
Tags: Mercedes-Benz, GLE Coupé, SUV
Royal DSM, the global Life Sciences and Materials Sciences company, has finalized the sale of DSM Synres to Standard Investment. DSM Synres produces solventborne alkyd and acrylic coating resins at its site in Hoek van Holland, the ...
Tags: Adhesives, Royal DSM, Standard Investment
Denmark based shipping and logistics company DFDS has signed a deal to provide logistics services to Nissan in order to facilitate the production of its new car INFINITI Q30. The logistics company is expected to invest around DKK40m for ...
Tags: INFINITI Q30, logistics services, Auto Parts
Sharp decline in orders led to sales at advanced weaving technology manufacturer Picanol Group plunging 25 per cent in 2014 as against in 2013. In a press release, Picanol said it realised a consolidated turnover of €418.2 million in ...
Swiss chocolate maker Barry Callebaut has agreed to acquire industrial chocolate manufacturing assets from US-based World's Finest Chocolate. Both the companies have signed a new long-term outsourcing agreement to this effect. As per ...
Tags: industrial chocolate, Food