Westlake Chemical Corporation has awarded a contract to Technip to provide detailed engineering and procurement services to expand the recovery section of Westlake’s Petro 1 ethylene plant in Sulphur, Louisiana, USA. A statement ...
Industrial property investment returns peak at 11.7 per cent with facilities 33 per cent bigger than they were in 2010, according to the latest research. Strengthening returns and increasing scale of distribution centres and warehouse ...
Tags: Industrial property
The Australian Competition and Consumer Commission has blocked Woolworths’s purchase of a supermarket site in Sydney. The Australian Competition and Consumer Commission will oppose the proposed acquisition by Woolworths Limited ...
Tags: ACCC Blocks, Service, Australian
Solvay announces that it plans to reinforce its position as a world leader in soda ash and improve the activity's long-term profitability by reducing its 2012 European cost base by €100 million per year as of 2016. Solvay will focus ...
The largest drinking water purification plant in Europe to feature GE’s ZeeWeed 500 advanced water treatment technology is under construction in Ravenna, Italy. Located on the east coast of Italy, close to the Adriatic Sea and part ...
Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
Tags: Philips, LEDinside, operational results
Solvay, world leader in Soda Ash, announced its decision to proceed with the optimization of its global industrial footprint. The Group’s strategic intent is to reinforce its positioning by adjusting its production capacities in line ...
Tags: soda ash business, Solvay, Essential Chemicals, industrial assets
Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a ...
Tags: LED, Philips, Q3 financials, healthcare
In the last quarter, LED-based sales at Philips were 24% of total lighting sales. Also, the company has published a paper with Cisco that discusses connected public LED lighting in cities. Philips' ...
Tags: LED Light