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Kia Motors Reach Sales Over 12.3% in June

Dec 5, 2012

Kia Motors global sales for passenger cars, recreational vehicles (RVs) and commercial vehicles increased 12.3% to 242,790 units in June 2012, compared to corresponding period last year. In June 2012, sales in general markets increased ...

Tags: Kia Motors, passenger cars, recreational vehicles, commercial vehicles

Tiger Brands Is Planning to Buy off The Other Minority Shareholders in The Company

Dec 5, 2012

South African food company Tiger Brands,which acquired 63.3%stake in Dangote Flour Mills,is planning to buy off the other minority shareholders in the company. In September 2012,Dangote Industries completed the sale of its 63.3%in Dangote ...

Tags: acquire, stake, shareholders, flour

EVRAZ Plc Welcomes The Decision by Fitch Ratings to Assign EVRAZ Plc

Dec 5, 2012

EVRAZ Plc welcomes the decision by Fitch Ratings to assign EVRAZ plc a long term foreign currency Issuer Default Rating of BB outlook Stable; and a Short term foreign currency IDR of B. The rating is the same as the current rating for ...

Tags: foreign currency, credit metrics, steel consuming industries

Sigma Packaging Announced The Purchase of Its Second Building on Evansville's North Side

Dec 5, 2012

US-based pre-owned packaging and processing equipment broker Sigma Packaging has announced the purchase of its second building on Evansville's north side. The facility includes 76,000ft2 of warehouse space and ready-to-use office areas. ...

Tags: large packaging machines, processing equipment, large machinery

Nassau Candy Introduced an All-Natural Line of Gummy Candies From Confectionery Firm Sweet

Dec 5, 2012

Nassau Candy, a manufacturer, importer and distributor of specialty confections and fine foods, has introduced an all-natural line of gummy candies from confectionery firm Sweet Candy. Classics, Au Natural candy line, which is ...

Tags: candy, gummy candies, confectionery, candy line

Larsen & Toubro Has Spruced up Its Team for a Hard Drive Into Cleantech Business

Dec 5, 2012

Business Line reported that Larsen & Toubro has spruced up its team for a hard drive into cleantech business. The company has appointed Mr R Srinivasan to head clean & alternative energy and has transferred 2 officials from other ...

Tags: Cleantech Drive, cleantech business, smart grid

Shuttleworth Has Announced The Launch of Its New Chain-Driven Conveyors

Dec 5, 2012

Shuttleworth has announced the launch of its new chain-driven conveyors, which can maintain product stability at a speed increase of 67% and can reach speeds up to 500FPM. Shuttleworth senior plastics R&D engineer Klaus Daenzer said the ...

Tags: Packaging Conveyors, chain-driven conveyors, backpressure technology

Watson Has Filed a Suit After Communicating with FDA Regarding Its ANDA

Dec 5, 2012

US based Watson Pharmaceuticals has filed a legal case against US Food and Drug Administration's (FDA) decision regarding the company's exclusivity for its generic version of Actos (Pioglitazone Hydrochloride 15mg, 30mg and 45mg tablets). ...

Tags: Watson Pharmaceuticals, Actos, Pioglitazone Hydrochloride

Schubert Introduce a New Tube Filling and Closing Machine

Dec 5, 2012

Packing lines producer Schubert is set to introduce a new tube filling and closing machine, which will demonstrate how tubes are automatically unpacked from the shipping cartons and moved onto a transmodule transport section, in a mass ...

Tags: Tube Filling and Closing Machine, Packing lines, tubes

Watson Laboratories Won FDA Abbreviated New Drug Application Approval

Dec 5, 2012

Watson Laboratories, a subsidiary of Watson Pharmaceuticals, has won FDA abbreviated new drug application approval for Diclofenac Sodium and Misoprostol Delayed-Release Tablets. The company plans to launch Diclofenac Sodium and ...

Tags: Watson Laboratories

Ironwood Submitted IND Application to FDA to Begin IW-2143 Clinical Trial

Dec 5, 2012

Ironwood Pharmaceuticals, Bionomics' licensee, has submitted an investigational new drug (IND) application to the FDA to begin IW-2143 clinical trial. The trial will further evaluate pharmacokinetic profile of the anti-anxiety drug ...

Tags: investigational new drug IND, IW-2143 clinical trial

Volkswagen declares 8.9% rise in sales at the period of January-June 2012

Dec 5, 2012

German carmaker Volkswagen has reported 8.9% rise in its worldwide sales to 4.45 million units during the January-June 2012 when compared to the same period in 2011. The Group's sales increased 1.8% to 1.93 million vehicles in Europe, ...

Tags: Volkswagen, sales rise, Western Europe

New Car Plant in Brazil Is Constructed by Volvo

Dec 5, 2012

Swedish car maker Volvo Car is planning to build a $247m car plant in Brazil and build about 15,000-20,000 cars annually in the country. The final decision depends on Brazil's approval of the final details about auto-industry rules that ...

Tags: Volvo, new car plant, Brazil

Volvo to Decrease The 10% Car Production Over Slow Needs

Dec 5, 2012

Swedish carmaker Volvo is planning to reduce 10% production from 57 units per hour to 52, at its main plant in Gothenburg in southwestern Sweden from 1 October 2012, in response to reduced demand for its cars in Europe. The carmaker is ...

Tags: Volvo, cut production, slow demand

Perrigo Company Has Received a Final Approval for Registration Letter

Dec 5, 2012

Perrigo Company has received a final Approval for Registration letter permitting the company to sell generic temozolomide in Australia. The letter also states that bioequivalence was met between the brand product, Temodar, and the ...

Tags: Perrigo Company, generic temozolomide, Glioma