The European Investment Bank will invest £12m in Gestamp Tallent Automotive to support and strengthen innovation and to help it develop specialised chassis and suspension products. European Investment Bank vice president Jonathan ...
Tags: European Investment Bank, chassis, suspension products
Australian governments have spent unprecedented sums on transport infrastructure in the past decade, and while important projects have been built the overall investment has been poorly directed, according to a new Grattan Institute report. ...
Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues
China's top economic planner on Wednesday stressed the importance of boosting investment in the fourth quarter of 2015. Increasing investment and stabilizing growth are priorities for the fourth quarter, according to a statement by the ...
Tags: NDRC, top economic planner
Malaysia's Petronas Chemicals Group said Tuesday that it has acquired three companies involved in the Refinery and Petrochemicals Integrated Development, or RAPID, project at Pengerang, Johor, from Petronas Refinery and Petrochemical Corp. ...
Tags: Malaysia's Petronas Chemicals, acquisition, petrochemical products
The LED industry is now fully embracing the fast-growing lighting market as (based on revenues) LED lighting has become the largest sector among LED applications, surpassing LCD backlighting in 2014, and is expected to be the major driver ...
Tags: LEDs MOCVD, LED Chip
DHL Supply Chain has opened its latest facility in Sydney’s western suburb of HorsleyPark. The 32,000 square metre, custom-built facility represents a $35 million investment by DHL Supply Chain. It marks the fourth addition to the ...
Tags: DHL, Sydney Facility, Service
Bayer MaterialScience has been issued the permit for the expansion and operation of its hydrochloric acid facility in Dormagen. The Cologne district authority issued the corresponding ruling following a detailed appraisal. The company can ...
Tags: Hydrochloric Acid, Bayer
Viterra Inc. ("Viterra"), Canada's grain industry leader, is pleased to announce that it is executing on a transformative series of operational improvements and upgrades at its Pacific Terminal at Port Metro Vancouver. The project is ...
Tags: grain industry, Viterra, Pacific Terminal
INVISTA broke ground on new hexamethylene diamine (HMD) and nylon 6,6 polymer plants at the Shanghai Chemical Industry Park (SCIP) in China. These facilities mark a key milestone in INVISTA’s plans for integrated nylon 6,6 facilities ...
Tags: Chinese Project, Invista, nylon
The Saudi Acrylic Polymer Company (SAPCO), a joint venture (JV) which has been established by Evonik Industries and the Saudi Acrylic Acid Company (SAAC), has signed the Mechanical completion certificate for the superabsorbents polymer ...
Tags: Acrylic Polymer, Evonik Industries
US based automaker Chrysler Group is planning to invest about $52m in its Michigan engine plants at Trenton and Dundee to boost the capacity of Tigershark engine. Of the overall investment, $11.5m will be spent in Trenton North facility ...
Tags: Chrysler, Engine Capacity
VE Commercial Vehicles (VCEV), a joint venture between Swedish automaker Volvo and Indian firm Eicher Motors has commenced production at its new engine manufacturing plant at Pithampur, Madhya Pradesh, India. Set up with an investment of ...
Tags: Volvo Eicher, Engine Plant
Japanese automaker Toyota is planning to invest $30m at its Princeton manufacturing plant in Indiana, US to boost the production of gas variant of Highlander mid-size sport utility vehicle (SUV) starting in 2014. The new investment ...
Tags: Toyota, Highlander SUV
The Obama administration's ongoing delay in ruling on 20 pending applications to export liquefied natural gas is stalling US job creation and GDP growth, according to a new report from a conservative economic think tank. The report, ...
Tags: Chemicals, liquefied natural gas, gas, Energy