Industry & Market
Industry & Market
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SCA Hygiene Products and Sappi Applied for Approval for The Formation of a Joint Company
Dec 4, 2012SCA Hygiene Products and Sappi applied at the German Federal German Cartel Office for approval for the formation of a joint company on 5 November. The companies thereby implemented the announcement made by SCA in September that by the turn ...
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Natural Fibre & Components Business Are Divested by Oerlikon
Dec 4, 2012The Oerlikon Group has signed an agreement with the Jinsheng Group of China to divest the Natural Fibers and Textile Components Business Units from its Textile Segment.The divestment is an important strategic step to optimize and balance ...
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Two Infiniti Models Are Built by Nissan in China From 2014
Dec 4, 2012Nissan Motor will increase the presence of its luxury car division Infiniti in China by building two new models in the country starting in 2014. Nissan's Chinese joint venture company, Dongfeng Motor (DFL) will build the two new models at ...
Tags: Nissan, Infiniti, luxury car
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The Chinese Government Has Approved The Split of JV of Ford
Dec 4, 2012The Chinese government has approved the split of joint venture (JV) of Ford, Mazda and their Chinese partner Changan as part of Changan Ford Mazda Automobile’s (CFMA) restructuring plan. The approval allows the three way JV to ...
Tags: Ford, Mazda, restructuring plan
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Textile Makers Increase Sales with The Help of Taiwanese Govt Program
Dec 4, 2012A Taiwanese Government programme to help local textile producers with branding of their products and gaining access to international markets has majorly boosted the sales turnover of the domestic textile makers,the Taiwan Textile Federation ...
Tags: international markets, textile producers, sales turnover
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The Goal of UK Food Trade Team to China Is to Increase Dairy Exports and Boost The Economy
Dec 4, 2012UK's Environment Secretary Owen Paterson is heading a food trade delegation to China this week, as a part of an effort to increase dairy exports to China and boost the economy by £1bn. Paterson will meet dairy companies, trade ...
Tags: food trade delegation, dairy exports to China, dairy companies
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Carrefour Invests CNY5m ($0.79m) to Build a New Food Safety Testing Center In Shanghai
Dec 4, 2012French Supermarket retailer Carrefour has invested CNY5m ($0.79m) to build a new food safety testing center in Shanghai, China. The decision was taken in response to the Chinese government's call for ensuring food safety, reported ...
Tags: Carrefour, new food safety testing center, food safety
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Delphi Technology Has Introduced an Advanced Version
Dec 4, 2012Delphi Technology has introduced an advanced version of its OASIS Workers’ Compensation technology, designed to provide ability to manage the entire claims lifecycle, from intake to settlement/resolution. The fully-integrated ...
Tags: Delphi Technology, OASIS Worker, compensation technology, lifecycle
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Lycored's New Premix Plant in China Is Fully Approved
Dec 4, 2012Israel-based nutraceutical ingredients company LycoRed has announced that its new premix plant in Changzhou,China,is fully approved. The new plant,which is fully operational,will cater to processors of infant formula,beverage,baby food ...
Tags: premix, baby food, infant formula
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Chinese Bauxite Supply Concerns Have Eased Recently on an Ongoing Rebound in Shipments
Dec 4, 2012Chinese bauxite supply concerns have eased recently on an ongoing rebound in shipments after having plunged in the summer on the back of export rule changes from major global bauxite producer Indonesia, importing refiners said Wednesday. ...
Tags: Led Bauxite Supply, Imports of bauxite, bauxite prices
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German Luxury-Car Maker BMW Is Recalling Nearly 2,907 of Its Vehicles in China Over Steeri
Dec 4, 2012German luxury-car maker BMW is recalling nearly 2,907 of its vehicles in China over steering control system issue. According to the carmaker, the recall will affect about 2,712 3-Series models and 114 X1 vehicles manufactured in China ...
Tags: BMW, luxury car, car recalling, steering control system
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CNinsurehas Reported Total Net Revenues of RMB403m ($64.1m) for The Third Quarter of 2012
Dec 4, 2012Independent insurance intermediary company CNinsurehas reported total net revenues of RMB403m ($64.1m) for the third quarter of 2012, with an increase of 5%, compared to same period, last year. Net income attributable to the company's ...
Tags: CNinsurehas, insurance intermediary, insurance, net revenues
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Amoy Introduces Sticky Glazes to Make Oriental Meals at Home
Dec 4, 2012Amoy has introduced new Amoy Sticky Glazes to make oriental meals at home supported with in-store activation and trade promotions, along with a new packaging design revealed across the whole Amoy range. Amoy Sticky Glazes allow the ...
Tags: Sticky Glazes, Packaging Design, restaurant-style cuisine
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Biesse Had to Put up with a Significant Increase in Net Financial Debt This Year to Date
Dec 4, 2012Biesse had to put up with a significant increase in net financial debt this year to date. On 30 September, net financial debt totalled €72m. This equates to an increase by €23.2m since September of last year and by €21.5m ...
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The Sales of Adds up 10.1% in June
Dec 4, 2012General Motors (GM) and its Chinese joint ventures (JV) have reported 10.1% rise in sales in June to 213,495 units in China, over the same period in 2011. Domestic sales of Shanghai GM increased 7.5% to 109,127 units and SAIC-GM-Wuling's ...
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