Anglo–Dutch multinational consumer goods company Unilever has opened a EUR95m ice cream facility in Konya, Turkey. The Konya factory will produce leading brands such as Cornetto, Max and Twister and will initially employ 300 people. ...
China blocked 42 tons of Fonterra's whole milk powder from entering the country in May after checks at the border found excess levels of nitrites and it was sent back to New Zealand, the scandal-hit dairy giant confirmed Thursday. ...
Tags: Milk Powder, Nitrites
It was usually quiet Friday morning at the Baoshan Cement Co., Ltd. factory in east China's Jiangxi Province. The factory's production lines were shut down after it was put on a list of companies designated by the Ministry of Industry and ...
The low availability of high-quality cotton and price rises in the international market halted the downward trend in Brazil in early August. Moreover, dollar quotes at high levels keep import and export parities stable, leading sellers to ...
Tags: High-Quality Cotton, Textile
Kenya s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, Kestrel Capital East Africa Ltd. said. "Increasing government ...
Tags: Cement, Construction
China and the US are the top two countries with the greatest potential to drive technology breakthroughs and likely to have a global impact in the next four years, said KPMG that released results of a survey recently. KPMG’s 2013 ...
Tags: KPMG, Drive Tech Breakthrough
Mexico’s apparent domestic consumption of liquid steel amounted to 9.12 million tons in the first five months of this year, decreasing by 8.8% year on year, according to data released by the National Chamber of Iron and Steel Industry ...
Tags: domestic consumption, liquid steel
Environmental regulations, rising consumer awareness regarding health and the environment, and focus on sustainability have driven the Asia-Pacific water-based coatings market. Higher domestic consumption and investments in infrastructure ...
Tags: Water-Based Coatings, Coatings, Chemicals
Bank of Communications (BOCOM), China's leading commercial bank, released its projections on Monday for China's economy in the second half of 2013, predicting gross domestic product growth of around 7.5 percent by the end of the year. ...
Tags: Economy
On the issue of global competitiveness, it's between the U.S. and China. India may have most of the IT services and development work, but China has tech manufacturing and its R&D investments are rapidly expanding. Indeed, China is on ...
Tags: Computer Products, IT services
Figures from China's statistics bureau released Monday show a decline in urban household disposable income growth and domestic consumption's share of China's economic growth, The Wall Street Journal reported. In the first half of 2013, ...
Tags: Domestic Consumption, Economy
International credit rating agency Standard & Poor's has announced that it has raised the long-term corporate credit rating of Turkish steelmaker Eregli Demir ve Celik Fabrikalari T.A.S. (Erdemir) to 'B+' from 'B', with the outlook being ...
Tags: Turkey-Based Erdemir, Mineral
Even with the shale revolution leading to booming US oil production, the head of the US Energy Information Administration said Wednesday he does not expect the country to become an oil exporter any time soon. Beyond the political ...
Maintaining Safety Valve Control on Gas Pipelines Pipelines carrying products including natural gas from Asian countries traverse Turkey en-route for export to final destinations or for domestic consumption. Compressor stations along the ...
Textile and garment imports by Spain grew by 3.1 percent to €3.428 billion in the first three months of the current year, compared to imports worth €3.324 billion during the corresponding period of last year, according to the data ...