Industry executives predict that Taiwan's machine-tool maker Goodway Machine Corp. will earn NT$5.5 per share this year on consolidated revenues of NT$7.5 billion (US$250.0 million at NT$30:US$1) and NT$8 billion (US$266.6 million), thanks ...
Tags: Goodway Machine, machine-tool
Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of ...
Tags: Fair Friend, horizontal machining
Central Glass, a parent company of Carlex Glass, announced that it has finalized pending acquisitions to expand Carlex’s business operations. Central Glass has officially acquired all of the outstanding shares of two subsidiaries of ...
Tags: Carlex Glass, OEM automakers, Auto
BASF inaugurated its expanded mobile emissions catalysts manufacturing operation in Shanghai, China, further strengthening the company’s regional presence and its position as a leading supplier to the automotive industry. The ...
Tags: BASF, Construction Coating
Consumer goods giants Procter & Gamble (P&G) has expanded its sustainability goals to conserve resources, protect environment and improve social conditions. As a part of its efforts towards sustaining environment, it will also try to ...
Tags: P&G, Recycled Resin, Packaging
Beverage can makers Rexam has partnered with the Alcon group to develop a range of can designs, featuring Spider-Man. This collaboration is a continuation of the development of a licensed product by Marvel and MIO milkshake producer. ...
Tags: Rexam, Spider-Man Cans, Packaging
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
Lextar Electronics Corp of Hsinchu Science Park, Taiwan (a vertically integrated manufacturer of high-brightness LED epitaxy, chips and packages, as well as smart lighting products) and LED chip, lamp and lighting fixture maker Cree Inc of ...
Tags: Cree, Taiwanese LED Maker Lextar, Electrical
Fonterra plans to acquire 20% stake in one of China's biggest milk processors, Beingmate, to form a global partnership with a total investment of $615m, which would help meet China's growing demand for infant formula. The partnership ...
Sherwin-Williams Product Finishes announces the Sher-Wood SB Stain System, a next-generation family of spray and wipe stains. Offering fast, repeatable color matching with tight tolerances, the new system ensures batch-to-batch consistency ...
Tags: Sherwin-Williams, Sher-Wood SB Stain System, Construction
PPG Industries announced that it has reached a definitive agreement to sell substantially all the assets of its Mt. Zion, Illinois, glass manufacturing facility to automotive glass manufacturer Fuyao Glass America Inc. The sale is expected ...
Tags: PPG, Agreement, Decoration
Osram has unveiled plans for nearly 8,000 more job losses. The announcement comes as the German lighting giant's Push programme, which launched in 2012, comes to a close. "We will successfully complete the first stage of Osram Push ...
Tags: Lights, Lighting, Electrical, Electronics, Osram
Segura has established a new working relationship with Total Retail Solutions (), manufacturer and supplier of bespoke labelling and packaging products for the retail industry. TRS's new partnership with Segura enables the company to ...
Tags: Textile, Supply Chain
Following clearance from the European Commission, INEOS Enterprises has successfully completed its agreement to purchase one of Europe’s leading solvent manufacturers, Sasol Solvents Germany. The acquisition includes production ...
Tags: Sasol Solvents, INEOS
Highlander Partners, L.P., a Dallas-based investment firm, announces the sale of its portfolio company, SensoryEffects, to Balchem Corporation, a publicly-traded human and animal health and wellness company. The purchase price was $567 ...
Tags: Food Ingredient, Sensoryeffects