Company News
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Company News
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GM Started Construction of Manufacturing Plant for Its Luxury Automobile and SUV Division
Jun 20, 2013US carmaker General Motors (GM) has started construction of new manufacturing plant for its luxury automobile and SUV division, Cadillac, in Shanghai, China. Additionally, a new research and development (R&D) facility is being built by ...
Tags: General Motors, Cadillac Plant
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BP:The Construction of a Third Purified Terephthalic Acid Plant at Zhuhai
Jun 20, 2013The Chinese Government has given its final approvals to the BP Global Petrochemicals and its partner Zhuhai Port for the construction of a third purified terephthalic acid (PTA) plant at Zhuhai, Guangdong. Expected to start up in late ...
Tags: PTA Plant, Petrochemicals
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Mercedes Has Approved The Use Contisportcontact 5 P High-Tech Sports Tire
Jun 20, 2013German automobile manufacturer Mercedes has approved the use ContiSportContact 5 P high-tech sports tire from the automotive parts supplier Continental. The manufacturer has approved two sizes of the tire for each of the vehicle models ...
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About Three Million of Light Duty PEVs Will Be Sold Per Year by 2020
Jun 20, 2013According to a report by Navigant Research, about three million of light duty plug-in electric vehicles (PEVs) will be sold per year by 2020, accounting for 3% of the total light duty vehicle market. The vehicles will include both plug-in ...
Tags: Plug-in EV, Auto
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Aston Martin Has Unveiled The New Vanquish Volante Sports Car
Jun 20, 2013British vehicle manufacturer Aston Martin has unveiled the new Vanquish Volante sports car, which is aimed at offering improved convertible driving experience. The new convertible super GT sports model is powered by a new AM11 6.0L V12 ...
Tags: Aston Martin, Volante Sports Car
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FSA to Evaluate Use of Phytosterol Esters in Margarines for Cooking and Baking Purposes
Jun 20, 2013The UK Food Standards Agency (FSA) is set to evaluate the use of phytosterol esters in margarines, for cooking and baking purposes. According to the FSA, Unilever has applied to the agency to market phytosterol esters as a novel food ...
Tags: Phytosterol Esters, Margarines
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SGMW Has Started Construction of Its New Manufacturing Plant in Chongqing
Jun 20, 2013SAIC-GM-Wuling (SGMW), a joint venture (JV) between General Motors (GM), SAIC Motor and Liuzhou Wuling Motors, has started construction of its new manufacturing plant in Chongqing, China, with an investment of RMB6.6bn ($1.1bn). With a ...
Tags: General Motors, SAIC Motor
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OFT Has Approved a Takeover of The Vion UK's Poultry Business by 2 Sisters Food
Jun 20, 2013The UK's Office of Fair Trading (OFT) has approved a takeover of the Vion UK's poultry business by 2 Sisters Food, following an extensive review of the transaction. The OFT fully reviewed the transaction, including the combination of the ...
Tags: Poultry Business, Agriculture
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Michelin and PBI Have Inked a Deal to Build a New $435m Synthetic Rubber Plant
Jun 20, 2013French tire maker Michelin and Indonesia’s Chandra Asri Petrochemical’s (CAP) subsidiary Petrokimia Butadiene Indonesia (PBI) have inked a deal to build a new $435m synthetic rubber plant. The move follows establishment of a ...
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Aggregate Industries Has Awarded a £50m Contract to Babcock International Group
Jun 20, 2013UK based construction and building materials supplier group, Aggregate Industries has awarded a £50m contract to Babcock International Group to provide fleet management services in the UK. As part of the five year deal, Babcock ...
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Pl Thomas Has Unveiled a New Line of Ingredients
Jun 20, 2013US-based PL Thomas has unveiled a new line of ingredients - Vivid Harvest Whole Food Powders, which are designed to offer a fruit and vegetable 'food replacement' experience in food and beverage products. The new range comprises a ...
Tags: PL Thomas, ingredients
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Hsbc Has Provided a £2.4m Funding Package to Gilbert's Foods
Jun 20, 2013HSBC has provided a £2.4m funding package to Gilbert's Foods, a food supplier based in Lancashire, UK, in order to help the company expand its export business. The funding package, which includes £2m invoice finance line and a ...
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UK Unveile a New Front-of-Pack Nutrition Labelling System About Choices The Food
Jun 20, 2013UK has unveiled a new front-of-pack nutrition labelling system, which will make it easier for consumers to make healthier choices about the food they eat. The new labelling system is colour-coded red, amber and green, and is designed to ...
Tags: Agriculture, Food, nutrition labelling system, Packaging, Printing
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Bolthouse Farms Has Introduced Miso Ginger Vinaigrette and Italian Vinaigrette Dressings
Jun 20, 2013US-based Bolthouse Farms has introduced two low-calorie Vinaigrette dressings - Miso Ginger Vinaigrette and Italian Vinaigrette dressings. The new Miso Ginger Vinaigrette and Italian Vinaigrette dressings will add flavor to vegetables and ...
Tags: Agriculture, Food
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Mengniu Dairy Has Agreed to Acquire 75.3% Stake in Infant Formula Manufacturer Yashili
Jun 20, 2013China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
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