Company News
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Company News
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Chemchina Has Acquired Italian Tire Company Pirelli for $7.7 Bn
Mar 25, 2015Chinese chemical company ChemChina has acquired Italian tire company Pirelli for $7.7 bn. ChemChina makes all steel radial tires and off-the-road tires, and is reportedly one of the largest producers of high strength conveyor belt and ...
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Honda Announced a New Lease Programs for The Existing and Prospective Fit Ev Customers
Mar 25, 2015Honda has announced a new lease programs for the existing and prospective Fit EV customers. Under the new program, the existing Fit EV customers will get a two-year lease extension , along with lower monthly payment option of $199, ...
Tags: Honda, Fit EV, Auto Parts
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J. M. Smucker Company Has Acquired The Big Heart Pet Brands Valued About $6bn
Mar 25, 2015American food firm J. M. Smucker Company has completed the acquisition of Big Heart Pet Brands in a cash and stock transaction valued about $6bn. J. M. Smucker, which offers food products including peanut butter, jam and Folgers ...
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Volkswagen Will Be Cutting a Shift From Its Russian Plant in Kaluga
Mar 25, 2015Volkswagen has announced that the company will be cutting a shift from its Russian plant in Kaluga, which will result in 150 job losses. The German automaker said, starting this April, the Kaluga car plant located in south of the capital ...
Tags: Volkswagen, Significant price, Auto Parts
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Skoda to Expand The Capacity of Its Kvasiny Plant and Vrchlabí Plant Respectively
Mar 25, 2015Skoda has announced plans to expand the capacity of its Kvasiny plant and Vrchlabí plant in Czech Republic with an investment of CZK 7.2bn ($300m) and €25m respectively. The company has also signed a memorandum of ...
Tags: Skoda, Infrastructure, Auto Parts
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Bmw Is Teaming up with SCHERM Group to Use a 40-Ton Pure-Electric Truck in Munich
Mar 25, 2015BMW is teaming up with logistics company SCHERM Group to use a 40-ton pure-electric truck in Munich this summer. By deploying the truck, BMW will become the first automaker in Germany to use a 40-ton electric truck to transport materials ...
Tags: BMW, SCHERM, Auto Parts
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Revolve Acquired Alliance Apparel
Mar 25, 2015Revolve, an online and retailer for premium millennial fashion said it has acquired Alliance Apparel, which will bring brands like Lovers + Friends, Tularosa and NBD under the Revolve portfolio. In a press release, Revolve also added ...
Tags: Revolve, millennial fashion, Apparel
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Lux Brooklyn LED Task Light Has Been Recognized as One of The Best Products of 2014
Mar 24, 2015Mighty Bright, Designer and Manufacturer of innovative LED Lighting Products, is pleased to announce the LUX Brooklyn LED Task light has been recognized by Design Journal and Archinterious as one of the best products of 2014. The ...
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Surya Will Launch Three Rug Collections From William Magnum at April's High Point Market
Mar 24, 2015Surya will launch at April’s High Point Market three rug collections from William magnum, a nationally and internationally acclaimed artist who- for more than 35 years – has captured in his paintings the essence of the American ...
Tags: Surya, rug collections
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BASF Keeps Building a World-Scale Methane-to-Propylene Complex on The U.S. Gulf Coast
Mar 24, 2015BASF has made progress in its plans to build a world-scale methane-to-propylene complex on the U.S. Gulf Coast. The company has selected Freeport, Texas, as the potential site. It will use Air Liquide’s proprietary Lurgi MegaMethanol ...
Tags: BASF, methane-to-propylene complex
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Akzonobel Launched an Ultra-Reflective Powder Coating to Increase The Output by 30%
Mar 24, 2015AkzoNobel has launched an ultra-reflective powder coating which can increase the effective output of commercial lighting fixtures by up to 30 percent. Developed by the company’s Powder Coatings business, Interpon ReFlex delivers ...
Tags: AkzoNobel, Powder Coating
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Pernod Ricard Intends to Borrow up to $240.4m in The Indian Spirits Market
Mar 24, 2015Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...
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FDA Concluded That Six Varieties of Potatoes Are Safe and Nutritious as Conventional Ones
Mar 24, 2015The US Food and Drug Administration (FDA) has concluded that six varieties of potatoes genetically engineered by J. R. Simplot are as safe and nutritious as their conventional counterparts. Simplot's Innate potato varieties including ...
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CG Foodsrequire an Investment of Around Inr50bn to Ramp up Its Noodle Production Capacity
Mar 24, 2015Wai Wai noodles producer CG Foods is planning to ramp up its noodle production capacity in India, a move that could require an investment of around INR50bn ($801.4m). The investment will be used to establish two manufacturing units in ...
Tags: CG Foods, Noodle Production, Noodle
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Nissan Will Be Providing LCV and Related Services to Infiniti Red Bull Racing
Mar 24, 2015Nissan has announced that the company will be providing light commercial vehicles (LCV) and related services to Infiniti Red Bull Racing, Formula One team. A fleet of 80 vehicles including Nissan NV200, Nissan NV350, Nissan NV400, ...
Tags: Nissan, Infiniti, light commercial vehicles
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