The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
Despite foreign and domestic challenges facing the Chinese economy, including the recent turbulence in the stock market, former Australian prime minister Kevin Rudd has full confidence in the world's second-largest economy. "I think the ...
Tags: Chinese economy, stock market
Four Taiwanese manufacturers have announced to increase capital to fund their expansion plans in the Taichung Export Processing Zone in central Taiwan and Chiayi Dapumei Intelligent Industrial Park in southern Taiwan. The four companies ...
Tags: IC packaging, single-lens camera, camera
Only 27 percent of U.S. merchants will be EMV-ready by the October 1st liability shift, down from 34 percent estimated in March, according to a survey by the Strawhecker Group (TSG) released Thursday. By December 2015, 44 percent of ...
Clear Labs, the new standard for molecular food quality, launched from stealth today and announced a $6.5m Series A financing round with participation from Khosla Ventures and Felicis Ventures, among other strategic investors. Clear Labs ...
Tags: Clear Labs, food, molecular, additives
Nova Chemicals has invested in a new Sacmi semi-commercial scale compression molding machine to boost caps and closures production. Being installed at Nova Chemicals' center for performance applications in Calgary, Canada, the new ...
Tags: Nova Chemicals, polyethylene, plastic resins
Califia Farms has received a $50m investment from New York-based private equity firm Stripes Group to advance its research and development in plant-based beverages and foods. The maker of almond milk beverages stated that the ...
Tags: Califia Farms, plant, beverages and foods, citrus fruit
PPG Industries has completed a $3.8 million expansion at its coatings manufacturing facility in Laguna de Duero, Valladolid, Spain. The investment provides new, state-of-the-art, mixing and blending equipment at the facility that will ...
Tags: PPG, coatings, automotive parts
Pinnacle Foods reported its financial results for the second quarter ended June 28, 2015 and raised its guidance for full-year adjusted diluted earnings per share to $1.89 to $1.91, representing the high end of its previous $1.86 to $1.91 ...
Tags: Pinnacle Foods, Grocery, Foods
Nestle is planning to invest more than UAH100m ($4.5m) in the development of its facility in Ukraine this year. The investment will entail installation of a production line at Torchyn factory. The company recently has also installed ...
Tags: Nestle, Ukraine, confectionery firm
Polyethylene films manufacturer BP Plastics is increasing production capacity at its plant in Batu Pahat, Malaysia, in a bid to increase exports. The company invested MYR13.5m ($3.12m) in a new cast stretch film machine from Austria amid ...
Tags: BP Plastics, Film Production
Tetra Pak has entered the growing category of ambient drinking yoghurt with its aseptic packages. This type of product, which requires no refrigeration, now accounts for 13 per cent of China's yoghurt category and is expected to achieve ...
SPTS Technologies Ltd (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has surpassed $1bn in cumulative ...
Seoul Viosys Co Ltd and Sensor Electronic Technology Inc (SETi) of Columbia, SC, USA (in which Seoul Viosys acquired a majority stake just last month) are to jointly commercialize and expand sales of Violeds technology. The technology, ...
IPak Machinery, a manufacturer of automatic tray formers powered by Pro Mach, has expanded its product range with the introduction of new TF-100 tray former. Designed for 4-corner trays where no rollover or 1-piece lidding is required, ...
Tags: IPak Machinery, Tray Former, 4-Corner Trays