GE announced recently the creation of Current, a startup that combines energy hardware with a digital backbone to make power simpler and more efficient for customers. The company, which is backed by GE’s balance sheet, brings ...
Tags: GE, Business Strategy, spin-off, Current
AAK and Miyoshi Oils & Fats have partnered to launch a new company, AAK Miyoshi JP, for the Japanese market. This partnership will considerab ly extend the prerequisites for AAK's business in the local mar ket . This market is ...
Tags: Chocolate, Confectionery, Bakery, dairy, nutrition markets
Kruger Packaging will invest C$250m ($188.6m) to convert the newsprint machine at its Trois-Rivières mill in Canada to produce lightweight linerboard. The project is being backed by a C$190m ($143.3m) funding from the ...
Tags: Kruger Packaging, linerboard, containerboard
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has established a joint venture with Cardiff University to lead the development and commercialization of compound semiconductor technologies in Europe. IQE says that ...
Tags: electics, IQE, semiconductor
Australian meat processor Bindaree Beef has agreed to merge with meat marketing and distribution company Sanger Australia. The combined company will be known as Bindaree Beef Group and will cater to the increasing consumer demand for meat ...
Tags: Bindaree Beef Group, food manufacture, meat
Archer Daniels Midland Company and Quality Liquid Feeds have entered into a 50-50 joint venture for the production and sale of liquid feed supplements for livestock. The joint venture consists of four liquid feed production facilities ...
Tags: food manufacture, Archer Daniels Midland Company, Quality Liquid Feeds
Latvia’s largest alcoholic beverages wholesaler SPI Distribution (Latvia) has changed its name and from July will work under the name Amber Distribution Latvia. According to Seymour Ferreira, Board Chairman of Amber Beverage Group ( ...
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
"After completing the construction of 14 wind turbines this year, Haizhuang plans to build 25 to 50 turbines in the United States next year," said Yang Benxin, chairman of CSIC (Chongqing) Haizhuang Windpower Equipment at the WINDPOWER 2015 ...
Tags: Wind Market, US market
The Australian Government has said the Federal Budget, set to be delivered next week, will include measures to support small business. Federal Treasurer Joe Hockey and Federal Minister for Small Business Bruce Billson have said the Jobs ...
Tags: Federal Budget, small business
Germany-based Erdrich Umformtechnik has expanded its operations in China with a new automotive components facility in Changzhou. The 20,000m2 facility will produce automotive parts and components that are used in steering and suspension ...
China's top trainmaker, China CSR Corp is planning to issue 11.14 billion new shares for the acquisition of CNR, which is approved by the China Securities Regulatory Commission. CSR was founded in 2007. The company was listed on both the ...
Amira Nature Foods has expanded its distribution network with the establishment of new distribution centres in 15 major cities across India. This will allow the company to cater to the growing demand of its packaged Indian specialty rice ...
Tags: Amira Nature Foods, specialty rice
Financial service companies expect the pilot free trade zone in Guangdong to play a key role in fostering innovation and boost business with its close proximity to Hong Kong and Macao. The Guangdong zone, to be unveiled on Tuesday, is ...
Chinese securities regulators are allowing investors to open up to 20 trading accounts on the A-share market starting today. This will allow investors to transfer their accounts to other brokerage firms. Investors have only been allowed ...