Mondelez International is planning to invest $24m to ramp up production capacity of its confectionery plant in Gebze, Turkey. The investment will see the installation of a new processing and packaging line, which will increase the ...
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
U.S. specialty jewelry store sales rose only 1.2 percent year on year to $2.244 billion in September. The sales total was the weakest by value since January when revenue estimates barely topped $2 billion. As reported earlier on Rapaport ...
Tags: specialty jewelry, jewelry
US-based Green Flash Brewing has acquired Alpine Beer, in a move to ramp up its capacity to produce beers. An agreement to this effect was signed by both the companies. As per the agreed terms, Green Flash will begin bottling Alpine ...
Tags: Alpine Beer, Agriculture
China New Borun Corporation has announced its unaudited financial results for the third quarter of 2014. Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "We're pleased that this third quarter ...
Tags: China New Borun Corporation, financial results, Agriculture
Treasury Wine Estates is planning to halt operations at its Ryecroft winery in the McLaren Vale wine region in South Australia. The move is in line with the company's strategy to curb costs and to ramp up investment in other prominent ...
Tags: wineries, Ryecroft winery, Agriculture
Mondelez International is planning to invest $50m to ramp up production of Tassimo beverage capsule in its coffee factory in Banbury, UK. The investment, which will be used in the construction of two new production lines at the ...
More than ever before, automation and assembly go hand in hand (or gripper to gripper)—even at small-scale, low-volume production levels. The quest for higher efficiencies and cost savings is driving manufacturers to add consistency ...
Tags: Automation, modular automation
Chile is set to sign seafood treaties with China at the upcoming Asia-Pacific Economic Cooperation (APEC) meeting in Beijing to further facilitate Chilean seafood imports to China, Chilean officials said Wednesday. Raul Sunico Galdames, ...
Tags: Seafood Market, APEC, Seafood
For third-quarter 2014, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €45.6m, down just 1.3% on €46.2m both last quarter and a year ago. The utilization rates of most tier-one LED chip makers ...
Tags: Aixtron, deposition equipment, LED maker
For third-quarter 2014, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported its third consecutive quarter of revenue growth, ...
Tags: GigOptix, analog semiconductor, optical communications
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules integrated into off-grid applications and its EnerPlex series of consumer products, ...
Tags: Ascent Solar, flexible copper
UK-based mining giant Anglo American Corporation has announced that its first cargo of more than 80,000 mt of iron ore from its Minas-Rio iron ore project in Brazil has left the export terminal at the port of Au in Rio de Janeiro and is ...
Tags: Anglo American, Iron Ore, Energy
Australian miner BHP Billiton has announced its production results for the first quarter ended September 30, 2014 of the financial year 2014-15, achieving a new quarterly record from its Western Australian iron ore operations with an iron ...
Tags: BHP Billiton, Output, Energy
Chemical company Chemtura has announced that it is going to ramp up production of naugalube alkylated diphenyl amine (ADPA) at three of its production sites to meet demand in automotive industry. The move has been made to increase the ...
Tags: Automotive Industry, Chemical