Export orders of plastics products are increasingly shifting from China to Vietnam due to rising production costs in China, according to the Vietnamese newspaper Tuoi Tre (the Youth). When I saw the report during Chinaplas, I decided to go ...
Tags: market view
Staples said that during the first quarter of 2012 the company recorded US$28 million of pre-tax expenses primarily related to head count reductions in North America, Europe and Australia, as well as the settlement of a contractual dispute ...
Tags: office supplies, deleverage, acquisition
When Rapid Granulator AB first came to China in 2003, it thought it could cover most demands from the local market with older machines and technology. “But we couldn’t make any headway, ” said Bengt Rimark, global ...
Tags: market view
Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
Tags: market view, excavators
OAO Russian Machines, a Moscow-based manufacturer controlled by billionaire Oleg Deripaska, will seek as much as $3 billion by selling a minority stake in overseas markets, said Chairman Siegfried Wolf. The company plans to sell as much as ...
Tags: market view, Machines
Century Extrusion, a U. S. Maker of twin-screw extruders, is finding a fertile market in far-flung places. And, given that Century’s parent, CPM Holdings Inc., broadened its scope when it bought one of China’s largest extruder ...
Tags: market view
Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to $16 ...
In April, China's manufacturing purchasing managers index (PMI) was 53.3 percent, up by 0.2 percentage point month-on-month, continuing to stay above the threshold, while 2.7 percentage points lower than the mean value of the same period in ...
Tags: PMI, China, economy news, economy situation
OC Oerlikon Corp AG (OERL), the Swiss maker of textile machinery that announced the sale of a solar unit to Tokyo Electron in March, said profits may rise further than earlier guidance as a slumping textile market stabilizes. “The ...
Tags: market view, textile machinery
Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its ...
Tags: Unilever, sustainability, baby food, confectioner
More than a century after General Electric Co. (GE) built its first research laboratory in an upstate New York barn, it’s wooing Silicon Valley engineers in a bid to connect machines the way Facebook Inc. (FB) links people. New hires ...
Tags: market view, Disruptor'
The US plastics industry has an “extremely good chance” to recover to production levels from before the global recession by the end of this year, barring a Eurozone meltdown or other unforeseen economic shocks, a senior official ...
Tags: market view
It is known from the interview of designers of Esmalglass-Itaca Group of Spain and experts of the ceramics industry that the difference between the Chinese and Spanish ceramics design is mainly reflected in market investigation, combination ...
Tags: News Update, Industry Trends, Ceramics
Rieter Holding AG (RIEN), a Swiss textile machinery-maker, will double its workforce in China to 1, 800 employees over the next two years to expand in Asia, Chairman Erwin Stoller said. Rieter may also increase staff in India by about 25 ...
Tags: market view, textile machinery
Harrods'White Chocolate Egg with Dried Fruit(250g at£24.95) Impress friends and family with this Harrods exclusive white chocolate Easter egg.Made with freeze-dried strawberries and raspberries,it is a delicious treat for ...
Tags: Easter Egg, Dried Fruit, Easter