Methanex Corporation announced an initial $5 million investment in Carbon Recycling International (CRI), a privately held company with headquarters in Reykjavik, Iceland. Methanex will also evaluate further investments to support CRI's ...
Tags: Methanex, Renewable Fuel
Trimet Aluminium SE, one of Germany’s leading aluminum manufacturers, has made a binding offer to take over two production plants of Rio Tinto Alcan in France. With the new locations, Trimet intends to expand on the successful ...
Tags: Aluminium Plants
US-based food packaging firm Pactiv is set to expand its production plants at Lenoir and Iredell counties in North Carolina, a move that will create 77 new jobs. North Carolina state government noted that the company is expected to invest ...
Tags: food packaging, Production Plants
Tridonic is to pull out of the magnetic ballasts and transformers business with effect from December 30, 2013. With a proactive schedule of measures, the company is generating the necessary response to the restrictions that EU legislation ...
Tags: Electrical, Electronics, magnetic technology
The world's manufacturers of sewing and clothing equipment and technical textile machinery are embarking on the second edition of Texprocess, the leading international fair, which will be opening its doors in Frankfurt from 10 to 13 June. ...
Tags: Textile
This week Lenzing AG is celebrating the 75th anniversary of its business operations together with 3,000 invited guests – employees, customers, business companions, politicians and partners. The company presented the book “75 ...
Tags: Textile, Austria, fiber technology
Ukraine plans to reduce imports of natural gas to 27.3 billion cubic meters in 2013 from 32.9 billion cu m in 2012, according to a forecast recently approved by the Ukrainian government and published on Friday. Ukraine gas imports come ...
Speculation is rife that Ford Australia is set to announce today the closure of its Broadmeadows and Geelong production plants. The local car maker issued a statement at 9:15am today alerting the media to a press conference at 10:45am, in ...
Tags: Auto, Transportation, Ford
French dairy firm Danone has entered into an agreement to acquire a majority stake of over 90% in Happy Family, a leading firm in the US baby food market, for an undisclosed amount. Happy Family, established in 2006, holds more than 4% ...
Tags: Agriculture, Food, baby food
Sustainable Textile Solutions, a rapidly-growing business division of DyStar, acted as a service provider for the “Discharge Data Report” that was recently launched by C&A, H&M and G-Star. In response to the Greenpeace Detox ...
Tags: Dystar Division, Textile
Gerdau reported Tuesday net revenue of R9.2 billion (US$4.6 billion) in Q1 2013 while shipments reached 4.6 million tons and steel production was 4.4 million tons. Net income was R160 million (US$79.6 million) in the quarter, a 60 percent ...
US-based Lineage Logistics has commenced operations two cold storage facilities in Arlington and Murfreesboro, Tennessee on behalf of Rich Products Lineage’s management team. The Arlington warehouse was constructed in 2005 and it ...
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
US-based Roberts Dairy is set to sell its milk and dairy products under Hiland Dairy Foods label from May 2013. The move is aimed at strengthening the business of both the companies under one roof. Roberts Dairy, a division of Prairie ...
Tags: Roberts Dairy, Food
Amcor Tobacco Packaging is all set to shut down its US manufacturing facility in Danville and is expected to lay off about 35 employees. Including the Danville location, Amcor operates four manufacturing plants in the US along with ...
Tags: Amcor, Box Manufacturing Plant, Packaging