AkzoNobel has signed a multi-year agreement to purchase sustainably generated steam from Dutch energy provider Eneco. The partnership will help to reduce the company’s CO2 emissions by more than 100,000 tons a year. The agreement ...
Nestle is planning to invest more than UAH100m ($4.5m) in the development of its facility in Ukraine this year. The investment will entail installation of a production line at Torchyn factory. The company recently has also installed ...
Tags: Nestle, Ukraine, confectionery firm
MillerCoors is closing its brewery in Eden, North Carolina due to sales decline as there has been a visible shift in consumer preferences from mainstream beer to crafts beer. The Eden brewery was the first to brew Miller Genuine Draft. ...
Tags: MillerCoors, crafts beer, brewery
For the eighth consecutive year, Total Hockey, Inc. has been named to the Inc. Magazine list of 5,000 fastest-growing private companies. Total Hockey has claimed position No. 2,981 after experiencing a three-year growth rate of 117 percent ...
Tags: Total Hockey, hockey, HockeyGreen
Phunkshun Wear is expanding its Denver facility from 6,800 square feet to 9,300 square feet. The expansion comes as a result of increased production and will house raw materials and finished products. Phunkshun Wear has added several new ...
Tags: Phunkshun Wear, scarves, bandanas, Fishmasks
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
While many domestic cosmetics brands are challenging international giants like L'Oreal and Estee Lauder in China, one brand is slowly encroaching on their home turf. Herborist, a herbal medicine-based cosmetics line owned by Shanghai ...
Tags: Cosmetics, Chinese Cosmetics
China issued a notice Monday encouraging mergers, cash bonuses and share repurchases by listed companies as part of its efforts to push forward reforms of state-owned enterprises and promote the steady and healthy development of the capital ...
Tags: Cash Bonuses, Share Buybacks
UK-based baking firm Warburtons has earned the distinction of being Fuel Efficient Operator of the Year in the annual Logistics Carbon Reduction Scheme (LCRS) awards after having put in place Mercedes-Benz FleetBoard telematics systems ...
Tags: Warburtons, automatic engine
Despite the recent stock market crashes around the world on the heels of China devaluing the yuan, Reserve Bank of India Governor Raghuram Rajan has said he doesn't believe that there's a financial crisis looming. "Based on what I've seen ...
China's become the largest gold producer in the worldwide since 2007. Gold is throughout the country, mainly concentrated in Shandong, Henan, Jiangxi, Fujian, Yunnan, etc. China also is the world's top consumer of gold - Chinese people love ...
Tags: gold, Gold prices
Companies opt to relocate plants to Southeast Asia to cut labor costs, reports Lyu Chang. The label of "made in China", which was synonymous with the global solar industry, is in danger of fading out as a growing number of firms move ...
Tags: solar industry, silicon cells, solar panel
The Qixi Festival is here! Have you ever been caught up in a situation that leaves you clueless on what item to buy for your boyfriend or girlfriend? The ancient Chinese were never baffled by this problem. Here are some classic gifts for ...
Tags: Jade pendants, comb, Hairpins, Jade bracelet
The Volkswagen Group wants to cut energy consumption. The target is 25 per cent less by 2018. To help achieve this, a pump control system from Grundfos has been installed at the production plant in Braunschweig. The sun reflects in the ...
Tags: Grundfos, Volkswagen, Energy Savings
The passage of the Trans-Pacific Partnership (TPP) trade deal would benefit US apparel companies by eliminating textile tariffs between 12 participating countries, says Moody's Investors Service. According to a research paper, the ...
Tags: apparel, footwear, textile tariffs