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Company News
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The First Tailor Laser Welder in China Has Accumulatively Welded Over 65,000 Pieces
Jun 4, 2013Till last month, the first tailor laser welder in China, jointly developed by CAS Shenyang Automation Institute and Baosteel, has accumulatively welded over 65,000 pieces, reaching the international level, which indicates that the domestic ...
Tags: Baosteel, Tailor Laser Welder
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Solvay Has Completed The Registration Concerned by The Second Tonnage Band Under REACH
Jun 4, 2013Solvay announced that it has successfully completed the registration of its 161 chemical substances concerned by the second tonnage band under REACH. This phase of the registration process mobilized a team of approximately one hundred ...
Tags: Textile
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KIA Is Planning to Recall 25,192 Vehicles in The UK Over a Defective Brake Light Switch
Jun 4, 2013South Korean automobile manufacturer Kia Motors is planning to recall 25,192 vehicles in the UK over a defective brake light switch. The recall affects vehicles manufactured between 2006 and 2011 in the UK that include the Carens, Sedona, ...
Tags: Kia Motors, Vehicles
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Exor Has Sold 15% Stake in Its Swiss Inspection Services Firm
Jun 4, 2013Exor, the main shareholder in Italian carmaker Fiat, has sold 15% stake in its Swiss inspection services firm, SGS, to Belgian investment firm Groupe Bruxelles Lambert’s subsidiary, Serena of (GBL) for about EUR2bn. The move frees ...
Tags: Fiat Owner, SGS Stake
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Arkema Acted as << Lead Registrant >> in Over 50 Dossiers
Jun 4, 2013The May 31st 2013 deadline, which marked the registration of substances produced or imported in annual quantities of 100 to 1000 metric tons, represented a further major step for Arkema, as this involved 123 substances, namely one quarter ...
Tags: Textile
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GM Is Planning to Increase The Exports From China by About 70% To130,000 Vehicles in 2013
Jun 4, 2013US based automobile manufacturer General Motors (GM) is planning to increase the exports from China by about 70% to130,000 vehicles in 2013, compared to the 77,000 vehicles last year. The rise in exports are expected to meet the growing ...
Tags: General Motors, SAIC
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Hyundai Motors Has Delivered The First IX35 FCV Produced at Its Assembly Line
Jun 4, 2013South Korean automaker Hyundai Motors has delivered the first ix35 Fuel Cell vehicles (FCV) produced at its assembly line to the City of Copenhagen in Denmark. The 15 units of the ix35 FCVs are claimed to be the first hydrogen-powered ...
Tags: Hyundai, Cell Vehicles
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Ssangyong Motor Has Reported Sales of 12,730 Vehicles, a 25.3% Increase in May 2013
Jun 4, 2013Ssangyong Motor, a part of Mahindra Group, has reported sales of 12,730 vehicles in May 2013, a 25.3% increase, compared to the same month previous year. The company registered a 21.4% increase in the cumulative sales from January 2013, ...
Tags: Ssangyong Motor, Auto
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Muller Quaker Dairy Opened a New $206m Yogurt Manufacturing Facility in Batavia, New York
Jun 4, 2013Muller Quaker Dairy, a joint venture between PepsiCo and Theo Muller, has opened a new $206m yogurt manufacturing facility in Batavia, New York, US. The facility will serve as a national production and distribution center for Muller ...
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BASF Unveiled a New Innovation in Water-Based Polymer Technology
Jun 4, 2013BASF, the North American subsidiary of Germany-based BASF SE, has unveiled a new innovation in water-based polymer technology, Joncryl FLX 5200, designed for flexible packaging applications. According to the company, the Joncryl FLX 5200 ...
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Heinz Received All Regulatory Approvals to Sell Itself to The Investment Consortium
Jun 4, 2013American food company Heinz has announced that it has received all regulatory approvals to sell itself to the investment consortium comprised of Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital. The transaction, ...
Tags: Heinz, Regulatory Approvals
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Ferguson Plarre Bakehouses Have Launched Carbon Neutral Bags
Jun 4, 2013Australia bakery business Ferguson Plarre Bakehouses have launched carbon neutral bags across its network of 58 stores in Victoria. According to the company, the new bags are manufactured by Lombard The Paper People, and meet ...
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OCI Has Planned to Undertake a Maintenance Turnaround at Its Aromatics Plant in Q4
Jun 4, 2013OCI Company Ltd has planned to undertake a maintenance turnaround at its aromatics plant in the fourth quarter of 2013. "We will undertake a turnaround at our aromatics plant located at Gwangyang in October 2013 and the plant will stay ...
Tags: Textile
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G-III Apparel Turns Q1 Profit
Jun 4, 2013Net income was $1,033,000 against a loss of $847,000 for the period ended Apr.30. Revenues rose 18% too $272,615,000 from $229.449,000. Gross margin improved 390b.p. to 33.8%. GIII, which has a vast range of products and brands in its ...
Tags: G-III, Sporting Apparel
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Tian Guoli Was Appointed as Chairman of Bank of China
Jun 3, 2013Bank of China announced last Friday that Tian Guoli was appointed as chairman of Bank of China from May, 31. According to the declaration in the stock exchange company posted by Bank of China, Tian was born in 1960 and joined Bank of ...
Tags: Bank of China, appointment
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