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Company News
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Michelin Americas Truck Tires Has Launched Its Michelin Xza3+ in Two New Sizes
May 11, 2015Michelin Americas Truck Tires has launched its Michelin XZA3+ in two new sizes that will help users carry additional weight without any change in performance of the tires. The two new sizes - 11R24.5 and 275/80R24.5 (load range H) - ...
Tags: Truck Tires, Michelin Tires
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Global Viscose Giant Aditya Birla Has Announceed Its Industry-Leading Policy
May 11, 2015Global viscose giant Aditya Birla has announceed its industry-leading policy to eliminate any sourcing from the world’s ancient and endangered forests for all of its viscose fibres, which are widely used in clothing and textiles, ...
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Red Bull Profits in Australia Drop for The Third Year in a Row
May 8, 2015Global energy drinks company Red Bull has seen its profits in Australia drop for the third year in a row. Red Bull has battled to keep its top place in the Australian market, with strong competition from energy drink V, which is owned by ...
Tags: energy drinks, Red Bull
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Sopakco to Expand Operations in South Carolina, by Installing a New Fitment Pouch Line
May 8, 2015Processed food packaging company Sopakco will expand its operations in Marion County, South Carolina, by installing a new fitment pouch line. The expansion will see around $4.5m in investment, creating 56 new jobs, and will take place at ...
Tags: Sopakco, Fitment Pouch Line
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Mamee TGU Factory Construct an Instant Noodles and Snack Foods Factory in Saudi Arabia
May 8, 2015Mamee TGU Factory, a joint venture between Mamee-Double Decker Sendirian Berhad and Top Golden Universe (TGU), will construct an instant noodles and snack foods factory at the Industrial Valley in King Abdullah Economic City (KAEC), Saudi ...
Tags: Instant Noodles, Snack Foods
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Hostess Unveils Sea Salt Caramel Flavored Cupcakes and Zingers to Existing Product Range
May 8, 2015US-based Hostess Brands has introduced Sea Salt Caramel flavored cupcakes and zingers to its existing product range. Each Sea Salt Caramel cupcake includes golden yellow cake with caramel creme filling, iced with sweet caramel frosting ...
Tags: Hostess Brands, cupcakes
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Vasari Opens Phase I of a New Food Production Facility in Ethiopia for $150m
May 8, 2015Vasari Global, along with Ethiopian entrepreneur Solomon Wondimneh and his company Ahadu, has opened phase I of a new food production facility in Ethiopia which is valued at around $150m. The launch marks capital deployment of $36m ...
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Kawan Food to Open New Factory in Pulau Indah, Malaysia by The End of This Year
May 8, 2015Frozen pastry products maker Kawan Food will commission its new factory in Pulau Indah, Malaysia by the end of this year. The new plant houses two-storey frozen food factory and a three-storey office, which will allow the company to ...
Tags: Kawan Food, pastry products
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Mccolgan's to Invest in New Equipment and a Packing and Dispatch Facility in Ireland
May 8, 2015UK-based establishment McColgan's Quality Foods is planning to invest in new equipment and a packing and dispatch facility in County Tyrone, Northern Ireland. The £7.3m investment is expected to increase the company's export sales ...
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Pacific Foods Expands Product Range with The Introduction of Pre-Cooked Organic Polenta
May 8, 2015US-based Pacific Foods has expanded its product range with the introduction of pre-cooked Organic Polenta. Available in Original, Chipotle Cheddar, Jalapeno Cheddar and Roasted Garlic & Herb flavors, Organic Polenta is made with ...
Tags: Pacific Foods, Organic Polenta
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BASF Inaugurates New Ultramid Polymerization Plant at The Shanghai Chemical Industry Park
May 7, 2015BASF inaugurated its new Ultramid (polyamide 6 and 6/6.6) polymerization plant at the Shanghai Chemical Industry Park in Shanghai, China. The new plant, with a capacity of 100,000 metric tons per year, will further strengthen BASF’s ...
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OOC Together with OXEA Sign an Agreement with German University of Technology in Oman
May 7, 2015The Oman Oil Company (OOC) together with its subsidiary, the chemical company Oxea, has signed an agreement with the German University of Technology (GUtech) in Maskat, Oman. According to this agreement, GUtech, a private university that is ...
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Walter Reiners-Stiftung Foundation Honours Three Young Engineers for Research in Textiles
May 7, 2015At the ongoing Techtextil, the Walter Reiners-Stiftung Foundation honoured three successful young engineers for research in textiles. The prize-winning papers included fabrication of fibre composites, a modelling approach of a parachute ...
Tags: Techtextil, textiles
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In The First Quarter of 2015, Adidas Group Revenues Grew 17 Per Cent to Eur 4.083 Billion
May 7, 2015Driven by currency translation effects that had a positive impact on sales in euro terms, Adidas reported a 17 per cent year over year sales surge in the first quarter ended March 31, 2015. In the first quarter of 2015, Adidas Group ...
Tags: Positive Currency, Adidas Sales
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WLK Achieves a MLP Distributable Cash Flow of $9.0 Million in Q1
May 7, 2015For the first quarter ended March 31, 2105, NYSE listed Westlake Chemical Partners (WLKP) reported net income of $8.5 million, or $0.31 per limited partner unit. In a press release, WLKP said it achieved a MLP distributable cash flow ...
Tags: ethylene production, ethylene
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