Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
Global demand for LED chips used in fine pixel pitch displays in 2017 will increase 30-40% on year, according to industry sources in Taiwan. The growth is due to increasing demand for such displays and increasing density of LED chips per ...
Tags: LED chips, LED Displays
Seven China-based panel makers have been expanding existing or setting up new AMOLED production capacities, with total annual capacity estimated to increase from 272,000 square meters in 2016 to 1.584 million square meters in 2018, 4.464 ...
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
DuPont Nutrition & Health will increase its cultures manufacturing capacity in Europe with an investment of $60m to meet the growing demand for frozen and freeze-dried starter cultures. As part of the plans, three cultures production ...
After a comprehensive rebuild supplied by Toscotec, the rebuilt PM10 at Lucart Laval sur Vologne mill in France has been started. The rebuild will boost the machine speed from the current 1300 mpm to 1600 mpm for the production of ...
As one of the auto manufacturer firstly located in Changsha economy and development district, FOTON Changsha plant has produced 800 thousand vehicles since 1999, accumulating sales revenue of 40 billion Yuan, realized the super development ...
CTI Industries, a manufacturer and marketer of foil balloons, vacuum sealing systems, latex balloons, printed and laminated films, and home organization products, will purchase two new foil balloon converting machines. The machines are on ...
Tags: CTI Industries, foil balloons
Flexible packaging firm Uflex is planning to commence the production of packing liquid products at its new aseptic packaging plant in Sanand in Gujarat, a state in India by April 2017. Being built with an investment of Rs5800m ($85.2m), ...
Tags: Uflex, Flexible packaging
Indian dairy firm Verka has commenced operations at its new dairy and ice cream plant built with an investment of INR320m ($4.7m) in Punjab state. Dubbed as the Verka Bathinda Dairy and located in Bathinda, the dairy and ice cream unit ...
Tags: Ice Cream
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
Canadian industrial technology firm EnWave has bagged a contract from Bonduelle to increase the productivity of the latter’s 120kW Radiant Energy Vacuum (REV) machinery. Bonduelle is a French based global processor of frozen ...
Tags: Energy Vacuum, REV Machiney
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
It is reported that with the total investment of 5 billion Yuan, the called domestic largest pure electric truck project, FOTON pure electric truck and environmental equipment Industry Park attract attention from the society since it is ...
Tags: Electric Truck, FOTON
DuPont Nutrition & Health has announced that it will sell its global food safety diagnostics business to a Warburg Pincus portfolio company Hygiena. However, the financial terms of the transaction were not disclosed. The acquisition ...
Tags: DuPont, Food Safety, Hygiena