Asian Paints today announced its financial results for the first quarter ended June 30, 2015. "No significant improvement in demand conditions witnessed in the decorative coatings business in India in the Quarter. Lower raw material ...
US-based flexible packaging products maker Bemis Company has inked a pact for the acquisition of South American rigid plastic packaging business of Brazilian firm Emplal Participa. The transaction, contingent upon customary closing ...
Malaysia's Penfabric has become the world's first integrated textile company undertaking yarn spinning, greige weaving to dyeing and finishing, to be awarded the STeP by Oeko-Tex certificate for sustainable textile production and with it, ...
Tags: integrated textile, yarn spinning
Belgian brewing company Duvel Moortgat and Firestone Walker Brewing will combine their operations in the US, while operating independently. The companies have signed an agreement to this effect earlier this week. Firestone Walker ...
Tags: beverage, beer, brewing operation
Close to 100 textile mills that make synthetic yarn in Tamil Nadu stopped production on Saturday (July 18), as part of the decision taken at a meeting of the synthetic spinners group of Indian Texpreneurs Federation (ITF) in Coimbatore last ...
Tags: textile manufacture, yarn, synthetic yarn, synthetic spinners
Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...
Tags: auto parts, auto accessories
New vehicle segments don't come around often. So when Mazda had the opportunity to create its very own subcompact crossover to tackle the urban sprawl, as well as the road less-traveled, it did so the only way it would – with the ...
Automotive interiors supplier International Automotive Components (IAC) has expanded in China, inaugurating its facility located in Hangzhou. Sprawled over 78,577ft2, the Hangzhou plant will generate over 220 employment opportunities. ...
Tags: automobile manufacture, IAC, auto parts
Optitex, the leading provider of integrated 2D CAD and 3D digital product solutions for the textile industry, has released version O/15 of its O/Dev 3D Product Creation Suite. The upgraded software package enables fashion and apparel ...
Tags: textile manufacture, apparel and clothing, fashion design, pleats
Blue Bell Creameries, whose products were found to be linked with the recent Listeria outbreak in the US, is receiving a significant amount in investment from Texas business investor Sid Bass. The investment will be used to bring back ...
Food ingredients company Bunge North America (BNA) has decided to shut down its oil packaging unit in Bradley, Illinois, in the US. The closure will take place in 18 to 24 months. Besides, operations at the administrative building, ...
Flexible packaging firm GualapackGroup has acquired a majority stake in Tradbor Indústria e Comércio (Tradbor Stand-up-Pouches), a pre-made stand-up pouches manufacturer in So Paulo, Brazil. The Brazilian company is stated ...
Tags: packaging material, packaging carriage, GualapackGroup
Smartphone-use lens module maker Largan Precision recorded net EPS of NT$68.82 (US$2.23) for the first half of 2015, the company said at a July 16 investors conference. Of smartphone-use lens modules shipped in the second quarter, ...
Tags: Smartphone, lens module
Michelin Americas Truck Tires, a division of Michelin North America, has introduced next generation wide-base single trailer tire, approved by US Environmental Protection Agency (EPA) SmartWay, to be utilized in regional operations. The ...
Tags: auto parts, auto accessories, Truck Tires, single trailer tire
UK-based Noble Foods that supplies fresh eggs to the country’s retailers has selected Paragon Software Systems’ Integrated Fleets planning solution as its strategic modelling tool of choice. The Paragon software will be used ...
Tags: animal husbandry, Noble Foods, egg