According to new research released by Euromonitor International, global alcoholic drinks volumes registered a decline of 0.7% in 2015, entering negative territory for the first time in more than a decade. This translated into a loss of ...
Tags: Alcoholic Drinks, Alcoholic
Scania will start delivering 51 hybridised Scania Citywide buses to Madrid in June. These complete buses feature cost saving and emission educing hybrid technology that meets the EU suburban and short distance Class II regulations. "We ...
Tags: Scania, Hybrid Buses
Honda Automobile (Thailand) has opened a THB17.15bn ($465m) production facility at Rojana Industrial Park in Prachinburi province. The new facility will have capacity to produce 120,000 units per year. Featuring a 214,000m2 of space, ...
Tags: Auto Plant, Honda
Korea-based food company Pulmuone Foods has completed acquiring almost all the assets of Vitasoy USA for an undisclosed sum. The acquisition is intended to strengthen Pulmuone's position in the tofu market, while fortifying its operations ...
Tags: Pulmuone Foods, USA market
Revenue from virtual-reality-related products and services is expected to more than triple in China this year compared with last year, but experts insist the burgeoning sector is still in need of significant improvement in terms of user ...
Tags: VR products, VR market
China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...
Tags: steel oversupply, steel
Packaging manufacturer Parkside has unveiled a new flexible self-venting steam bag, Parkscribe Steam, for frozen vegetables. The Parkscribe Steam is claimed to be hassle-free, flexible microwavable pack featuring a special food safe ...
Tags: Frozen Food, Parkside
Associated British Foods (ABF) is reportedly contemplating the sale of its unprofitable sugar business in China to remain focused on its sugar operations in Europe and Africa. For this purpose, the food company has invited bids for five ...
Tags: Unprofitable Sugar, Sugar
China's Huayi Wind Energy Co Ltd (HEAG) opened its regional office on Thursday, marking the company's official entry into wind energy market in Serbia and the Balkans. An opening ceremony was held at the regional office, located in Belmax ...
Tags: Wind Energy, wind turbines
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched the 20,784 lumen CPY-20L LED canopy luminaire. Delivering luminous efficiency of 143 LPW (lumens per Watt) at 5700K, the newest Cree CPY Series LED product ...
Tags: Cree LEDs, LED Canopy Luminaire
On May 6th, FOTON released production and sales report of April. According to the report, FOTON sold mid and heavy trucks 8,578 units, including 7780 units Ouman product taking 90.7% share of all. From Jan to Apr, FOTON totally delivered ...
Volvo Cars is set to disrupt the delivery experience with the introduction a new service that promises In-car Delivery of your online shopping in under two hours The ground-breaking collaboration with Swedish start-up urb-it will enable ...
Tags: Volvo Cars, urber
UK-based Riversimple has unveiled two new models as continuation to its Rasa hydrogen fuel cell vehicle. The new models were announced at the London Motor Show. One is a four-seater car and the other a van. Rasa is claimed to offer ...
Capol, developer of sustainable coatings and glazes for the confectionery industry, is introducing two new organic products. The company's new acacia-based coatings and polishes are now appearing on candy throughout North America. A new ...
Tags: Capol, Organic Candy Products
Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...
Tags: Primary Opinion, Maggi Beer