Hyundai is planning to build its second factory in Alabama, US to increase the production of SUVs in the country, reported Yonhap News Agency. The move is reportedly triggered following a drop in gas prices in the US, which has ...
Nanotechnology Research and Development company N1 Technologies has filed a patent for a bio-based non-petroleum motor oil. The non-petroleum motor oil has been created, using a blend of plant oils with Tungsten and Carbon Nanotubes. ...
Global Packaging will expand its facility in the city of Hamlet in Richmond County, investing close to $9.8m that will lead to creation of 33 jobs over the next three years. Based in Oaks, Pennsylvania, Global Packaging specialises in ...
US-based packaging company Sonoco will acquire a majority interest in Brazilian flexible packaging business Graffo Paranaense de Embalagens for an undisclosed amount. Located in Pinhais, Curitiba, Graffo specialises in producing flexible ...
Protanica-fortified Heartbar oatmeal squares, Heart Brand Foods’ newest heart-healthy snack bars, were launched at Natural Products Expo West held last week. The latest formula now contains a sustainably harvested, organic and ...
Tags: Heart Brand Foods, Heartbar Oatmeal Squares, snack bars
Volkswagen has announced its plans to invest $1bn to expand and modernize its Puebla plant in Mexico. The German automaker is planning to manufacture Tiguan compact crossover SUV in the Mexican plant, which currently produces Golf on ...
Tags: Volkswagen, Puebla Plant
Ford has commenced production of its twin-scroll 2.0-liter and 2.3-liter EcoBoost engines at its Cleveland Engine Plant in Ohio. The engines produced at the Cleveland Engine Plant are targeted towards the North American market. ...
Tags: Ford, Ecoboost Engines, Auto Parts
German automaker Mercedes-Benz has announced a plan to invest $500m to build a new plant to manufacture vans in Charleston, South Carolina. The Charleston plant will produce the next-generation Sprinter for the North American market. ...
Tags: Mercedes-Benz, van markets
China's top economic planner has approved the construction of the second phase of a nuclear power station in the country's northeast, the first approved since 2011, a company source said on Tuesday. The second phase of the Hongyanhe ...
Axalta Coating Systems, a global supplier of liquid and powder coatings, has opened a latest-generation manufacturing facility in Shanghai to produce waterborne coatings for China’s growing automobile market. The newest and one of ...
Tags: Axalta Coating, powder coatings
The Australian Foreign Investment Review Board (FIRB) has approved $1.13bn bid by JBS USA to acquire Australian Consolidated Food Holdings (Primo), said treasurer Joe Hockey. With this approval, US subsidiary of the Brazilian meat ...
Tags: meat processing, Pork
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
BASF is raising prices for Formic Acid 85% by 40 EUR/mt (or 45 USD/mt) in Europe effective immediately or as existing contracts permit. Prices for Formic Acid 94% will be increased accordingly on a pro rata basis. Formic acid is a ...
Tags: formic acid, BASF
Floreon, a tougher and easier to process bioplastic material produced by UK-based Floreon Transforming Packaging, has been granted a patent. The bioplastic is polyester-based polymer blend with a standard bioplastic, polylactic acid ...
Tags: Bioplastic Material, Floreon
Land Rover has confirmed that the compact SUV convertible Range Rover Evoque is expected to go on sale in 2016. The company has confirmed with a release of film showing SUV convertible being tested on Crossrail tunnels below London The ...
Tags: Range Rover Evoque, Land Rover