German automaker Daimler will build a new production plant in Iracemápolis, Sao Paulo, Brazil, to manufacture Mercedes-Benz cars for the local market. The company has signed a framework contract with Brazilian President Dilma ...
Tags: Daimler, Mercedes-Benz
German automotive testing organization DEKRA Automotive has acquired a 60% stake in Vehicle Testing New Zealand (VTNZ) from Motor Trade Association (MTA). This acquisition enables DEKRA to expand its core automotive business unit outside ...
Tags: DEKRA Automotive, Vehicle Testing
SK Capital, a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors, is expected to close the acquisition of the Textile Chemicals, Paper Specialties and Emulsions businesses from ...
Tags: specialty materials, Textile
LyondellBasell announced that it has entered into a new contract with CEO James L. Gallogly and taken other steps to ensure continued strong leadership and executive continuity at the company. "The company has been transformed in recent ...
Tags: LyondellBasell, Textile
Voith is investing into the future of small hydro and celebrates two significant milestones in the further development of this sector: K?ssler, a subsidiary of the Voith Group, is expanding its location in Sankt Georgen am Steinfeld, ...
The annual amount of carbon reduction as a result of recycling glass containers in Taiwan is about 1,000 times the carbon dioxide absorption of Taipei's Daan Forest Park, the Environmental Protection Administration (EPA) said yesterday. ...
Tags: Glass Recycling, Glass, Construction
The Supervisory Board of BASF Coatings GmbH has appointed Thomas Hartmann as Managing Director and Industrial Relations Director of BASF Coatings GmbH, effective September 1, 2013. He succeeds Eva Müller who will assume a new position ...
Tags: Coatings, Construction
IFCO Systems today announced that Wolfgang Orgeldinger would become Chief Executive Officer of the company, succeeding Karl Pohler, who is retiring to pursue other interests. Orgeldinger will also succeed Pohler as Group President of the ...
Tags: Transportation
The most powerful generator-turbine unit ever built by Voith has entered service in the Chinese hydropower plant Xiluodu on the Jinsha River. After a successful 72-hour test run, Voith handed over the first of a total of three such machines ...
Tags: generator-turbine, Processing Machinery, Industrial Equipment
German carmaker Mercedes-Benz has reported production of more than 700,000 passenger cars during the first half of 2013, claimed to be the highest compared to the same period earlier. During the first six months of 2013, the company had ...
Tags: Mercedes-Benz, Auto Parts
Conergy has been in negotiations on the short-dated entrance of a strategic investor. The company's creditors however failed to agree on the necessary unitarily and reliable affirmation of the concept in a timely manner. Now, unexpected ...
Tags: Service
Olenex, a joint venture between ADM and Wilmar International, has signed an agreement with New Britain Palm Oil (NBPOL), to supply ADM and Wilmar with fully traceable, certified sustainable palm oil from NBPOL’s Roundtable on ...
Rosneft and ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the ...
Lenzing AG, Austria, reports it will sell 85 percent of its shares in Lenzing Plastics GmbH to a consortium led by Invest AG, the investment arm of the Raiffeisen Banking Group Upper Austria. The sale is part of Lenzing's strategy to focus ...
Tags: Textile
Revenues of € 100.0 million were achieved by Pfeiffer Vacuum in the first quarter of 2013. “Considering that we started the year 2013 with an order intake of € 97 million in the fourth quarter of 2012, we can be reasonably ...