At the sixth China Iron and Steel Trade Summit Forum held on October 26 in Zhengzhou, Li Chuangxin, deputy secretary-general of the China Iron and Steel Association (CISA), stated that China's gross domestic product (GDP) and fixed asset ...
Tags: Crude Steel, Mineral
Mongolia on Friday unveiled a raft of new investment agreements with China--including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's ...
Tags: oil-exploration, crude-oil
In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
Chrysler Group has entered into a five-year C$18.2m ($17.40m) agreement with McMaster University to develop next-generation, electrified powertrains and powertrain components. The project will receive funding support from the Canadian ...
Tags: Chrysler, Electrified Powertrains
About 30 percent of total textile mills in India remained non-operational in 2000-10 leading to huge job losses, a recent study conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has found. The study ...
Tags: Textile Mills, Apparel
Canton, Ohio-based The Timken Company reported Thursday third-quarter 2013 sales of $1.1 billion, a 7 percent decrease compared with the same period a year ago, primarily due to weaker demand from the company's broad end markets, partially ...
Tags: Steel Segment, economic growth
Nestlé has completed a CHF26m expansion project at its ice cream factory at 6th of October City, Egypt to cater to the increasing demand for Nestlé and Dolce brands. The project, which includes investment in new ...
Tags: Nestle, CHF26m Expansion
MAN Latin America has secured contracts from two logistics and transportation companies in the state of Rio de Janeiro, Brazil to supply 100 trucks to each firm. The order was placed by JSL and Sindicarga, the Union of Logistics and Road ...
Tags: MAN Latin America, Trucks Supply
The Hershey Company today announced sales and earnings for the third quarter ended September 29, 2013. Consolidated net sales were $1,853,886,000 compared with $1,746,709,000 for the third quarter of 2012. Reported net income for the ...
Tags: Hershey Company, 2014 Outlook
The Lao Cai province of Vietnam is gearing up to host the 13th Vietnam—China International Trade Exhibition scheduled to be held in the province from November 13 to 18. Over 500 domestic and international firms, including textile ...
Tags: China International Trade Exhibition, Lao Cai province
US based apparel firm Benefit Apparel has announced plans of investing US$ 5 million for constructing a manufacturing plant in the central western state of Jalisco in Mexico, which would create nearly 750 direct jobs in the state. ...
Tags: Apparel Firm, Benefit Apparel
In September 2013, Glaston published its updated strategic guidelines and financial targets for the period 2013–2016. Glaston’s goal is to deliver profitable growth through innovation and technology leadership in selected ...
Tags: Glaston, Decoration Glass
Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €10.2m for the first nine months of 2013 (37% from Asia, 34% from Europe, ...
Tags: Riber MBE, Electrical, Electronics
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
Commercial Metals Company announced Wednesday financial results for its fourth quarter and year ended August 31, 2013. Net earnings for the fourth quarter ended August 31, 2013 were $4.1 million, or $0.03 per diluted share, on net sales of ...
Tags: Net Earnings, Mineral