The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...
Duke Energy Indiana has deferred into 2016 some coal contracted for delivery this year as it seeks to cut down on a stockpile that at one point approached 5 million st or 80 days of supply, a company official said in a filing to the state's ...
Tags: Duke Energy, coal, fuel
Finnish food company Raisio Group is planning to streamline operations and cut down costs in the UK in view of the present operating environment, market conditions as well as changing consumer demands. The company's UK unit manufactures ...
Tags: Raisio, snack, breakfast cereals
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
China’s strategic “One belt, one road” policy has sparked local manufacturers interests of exporting products abroad, but most are afraid to take action. Statistics from different research organizations have varied widely. ...
Tags: LEDinside, market outlook, emerging markets
Everlight Chairman Robert Yeh recently refuted market rumors in Taiwan claiming the company’s decision to use Chinese manufacturers LED chips in its products has impacted Epistar’s revenue performance, according to a UDN report. ...
Tags: Everlight, Epistar, LED chip supplier
Taiwanese LED chip manufacturer Yang Hwa Technology owner Shih-Hsiung Chan was detained by police on Sept. 11, 2015 for suspected accounting fraud and market manipulation, according to a report by China Times. In mid-June, Chan was ...
Tags: insider trading, Yang Hwa Technology, market manipulation
Feldmuehle Uetersen, a paper mill located northwest of Hamburg, will present products from its Board Solutions, Liner Options, Labelling Applications and Flexible Packaging segments at the FachPack 2015 trade fair. Since July 2015, ...
The U.S. prepared meals market, one of the largest in the world and a leader in per capita consumption, is maintaining strong growth, resulting in increased opportunities for packaging solutions that satisfy consumer demands in terms of ...
Tags: Flexible Packaging, Prepared Foods
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...
Tags: General Electric, Fleet Business
For second-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $7.1m, down 51% on $14.5m a ...
Tags: Mobile Market, LED light, LED bulb
As flash LEDs became a standard spec in smartphones instead of a market gimmick to sell phones, many LED manufacturers are vying after this potential market. The earliest players in the market was Lumileds, followed by Osram and later ...
Tags: Flash LED, LED market, LED
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip
The state governments of Karnataka and Andhra Pradesh have requested the Central Ministry of Finance to increase import duty on raw silk from the current 10 per cent to 30 per cent or at least to 15 per cent. In a written reply to Lok ...
Tags: Raw Silk, import duty