U.S. crude-oil futures dropped to a four-month low Wednesday after government data showed inventories rose more than expected last week. The Energy Information Administration said crude oil stocks rose by 4.1 million barrels, compared ...
Tags: crude oil, Oil, Metallurgy, Mineral, Energy
US sheet steel prices appear to be headed higher as both buyers and sellers report solid discipline among producers. While several buyers said they are seeing stable prices, one service center source said he's been able to raise prices to ...
Tags: Steel Sheet, steel, Construction
NLT SPINE, a manufacturer of minimally invasive spine surgery products, has obtained 510(k) clearance from the US Food and Drug Administration (FDA) for its generation 2.0 PROW FUSION and eSPIN lumbar interbody fusion products, which are ...
Tags: Espin Products, Medicine
UK-based GlySure has completed patient enrollment for the multicenter CE Mark trial of its in-hospital continuous blood glucose monitoring (CBGM) system. The trial, led by principal investigator Dr Krishna Prasad, comprised 30 post ...
Tags: CE Mark Trial, Glysure
Germany-based Raumedic has obtained 510(k) clearance from the US Food and Drug Administration (FDA) for its NEUROVENT-PTO device, a multimodal catheter for monitoring brain tissue oxygen partial pressure, intracranial pressure (ICP), and ...
Tags: Raumedic, Neurovent-PTO Device
UK-based packaged water provider Water Brands Group is set to invest about GBP6m ($9.62m) to expand its bottling capacity in England by four times. The investment will be used by the company to install a new bottling line at its facility ...
When Guangxi Liugong Machinery was bidding to sell wheel loaders to a Thai rice merchant a few years ago, company president Zeng Guangan knew he needed to customize his equipment to beat off Komatsu Ltd and other Japanese rivals. ...
Tags: Heavy Gear, Wheel Loader
Finland-based packaging firm Huhtamki Oyj has sold its Italian subsidiary Huhtamaki to polystyrene packaging manufacturer Diesse for €5m. The sale includes the rigid plastic manufacturing units in Settimo Torinese, Sant'Ilario d'Enza ...
Tags: Rigid Plastic, Packaging
Canada-based specialty packaging firm CCL Industries has announced the closure of Avery North American supply chain operations in the US. The company plans to commence the shut down from 1 February 2014 that is expected to complete by the ...
Tags: CCL Industries, Packaging
Foam cups manufacturer Dart Container will invest $14m to construct a 400,000ft2 distribution center in Plant City, eastern Hillsborough County in the US. The project is part of the company's plan to expand its presence in the region. ...
Tags: Foam cups, Dart Container
Dairy co-operative Irish Dairy Board (IDB) is investing €20m in Saudi Arabia to acquire 75% stake in local firm Al Wazeen Trading and establish a new cheese plant at Al Wazeen facility in Riyadh. The expansion strengthens IDB's ...
Tags: Irish Dairy
Wheels Manufacturing is now distributing Sapim and Wheelsmith spokes and KinLin rims. The company offers custom spoke lengths and an assortment of spoke nipples with no minimum order for retailers. Wheels owner Dave Batka said the new ...
Tags: Rim, Transportation, auto parts, Wheels
NBTY, a US-based manufacturer and distributor of vitamins and nutritional supplements, has unveiled a new vitamin manufacturing facility in San Antonio, Texas. The investment is a part of the company's strategy to boost its capacity in ...
Tags: Manufacturing Facility, Food
US-based packaging firm International Paper has signed a long-term deal with recycling services provider Balcones Resources to recover additional old corrugated containers (OCC) or used cardboard boxes. International Paper will use the ...
Tags: International Paper, Balcones
Janssen-Cilag (Janssen), a subsidiary of Johnson & Johnson pharmaceutical firm, has submitted marketing authorization application (MAA) to the European Medicines Agency (EMA) for the approval of once daily oral drug ibrutinib for the ...
Tags: Blood Cancer Medicine, Medicine