Private equity firm American Securities has signed an agreement to acquire the US-based packaging and tubing materials manufacturer Tekni-Plex for an undisclosed value. The acquisition is expected to close by the end of 2013 and will be ...
Tags: Tekni-Plex, Packaging
Polymer Group, Inc. (PGI) announced that it has completed its acquisition of Fiberweb plc, a global developer and manufacturer of specialty nonwoven products and materials for a variety of industrial end markets. As a result of the ...
Tags: Polymer Group, Textile
Setup for Profitable Growth with New Services Division and New Water Business Unit - Sulzer is adapting its organizational structure to support its key markets strategy. Sulzer Turbo Services will be combined with the service ac-tivities ...
Tags: Sulzer, new, organization, system
Momentive Specialty Chemicals Inc. announced results for the third quarter ended September 30, 2013. Third Quarter 2013 Highlights -Total revenues increased 6 percent to $1.25 billion. - Segment EBITDA increased 4 percent to $120 ...
Honeywell (NYSE:HON) announced today it will establish a new manufacturing campus in Zhangjiagang, China, to support growing demand in Asia for energy technology and advanced materials produced by its Performance Materials and Technologies ...
Tags: Honeywell, production facility, material, technology
Kronos Incorporated announced financial results, company advancements, and customer successes for Fiscal 2013 which closed Sept. 30. Kronos revenues for the fiscal year increased 10 percent to a record $975 million. Earnings before ...
Tags: Kronos, Cloud Platform
Oerlikon announces the appointment of Dr. Brice Koch as Group Chief Executive Officer. Dr. Koch, who will assume the role during the first quarter of 2014, comes to Oerlikon following a successful career at ABB where he has been a member of ...
Tags: Oerlikon Group, Brice Koch
Honeywell announced it will establish a new manufacturing campus in Zhangjiagang, China, to support growing demand in Asia for energy technology and advanced materials produced by its Performance Materials and Technologies (PMT) business. ...
Tags: Adsorbents Capacity
Xylem Inc. has launched its Goulds Water Technology brand e-HM series stainless-steel, horizontal multistage pump, a water pump for commercial and industrial applications that is up to 30 percent more efficient than most similar pumps ...
Tags: Manufacturing, Processing Machinery, Energy-Efficient Pump
Swiss commercial property-casualty insurer Zurich has rolled out a new Side A D&O policy to deal with the growing litigation landscape and provide cover for liability exposures globally, including China, Brazil, Mexico, Japan and India. ...
In line with the company's growth strategy, ecVision, the leader in supply chain collaboration solutions for retailers and brands, announced the opening of a regional office in Tokyo, Japan to further develop burgeoning relationship with ...
Tags: Global Footprint, ecVision
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, has announced underwhelming financial results for its fourth-quarter and fiscal year 2013 (ended 29 June). ...
Tags: Oclaro, Electrical, Electronics, optical communications
Italian luxury carmaker Ferrari is planning to invest EUR2bn in a new technology to develop fuel-efficient high-performance engines by 2017. This move of the carmaker is aimed at reducing its CO2 emissions amid the pressure on the entire ...
Tags: luxury carmaker, Ferrari
Jaguar has given the clearest indication to date that it will build a crossover inspired by its C-X17 concept. Jaguar global brand director Adrian Hallmark admits the brand risks losing relevance in the luxury segment if it does not ...
Tags: Jaguar SUV, Transportation
Clinverse has entered into a partnership with OmniComm Systems to combine its automated payment system 'ClinPay' with the latter's electronic data capture (EDC) system. The ClinPay system automates sponsor payments to clinical vendors, ...