TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
Volkswagen has secured a €400m loan from the Export Development Canada (EDC), to facilitate expansion of its operations in southern US and Mexico. The financing will allow the automotive giant to offer business opportunities to small ...
The Federation of India Export Organisations (FIEO) wants government backing to arrest falling exports.FIEO president SC Ralhan said the trade data for the month of the March, 2015 showed a decline of over 21 per cent in exports and close ...
Tags: Govt Support, Falling Exports
Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has released its 2014 Sustainability Report, a voluntary non-financial public document that addresses the firm's commitment to sustainable ...
Global refined cobalt supply totaled 91,754 mt in 2014, up 6.8% from 85,904 mt in 2013, the Cobalt Development Institute said Wednesday in the latest edition of its cobalt news publication. The report, based on the main sources reporting ...
Tags: refined cobalt, cobalt products
Global beverage giant Coca-Cola Company has agreed to acquire multi-grain drink China Culiangwang Beverages for $400m including debt, to boost its sales in the Chinese market. This is Coke's first acquisition in China since its ...
Bosch Packaging Technology has received the Red Dot Award for the first time from the Design Zentrum Nordrhein-Westfalen in the product design category for its FXS Combi machine. The FXS Combi that was launched at Interpack 2014 is a ...
Tags: Bosch Packaging, Packaging
US based Ball Corporation has revealed plans to build a two-line beverage can manufacturing plant in Monterrey, Mexico. The new project will create more than 200 jobs, with the company saying it is its first such venture in Mexico. ...
Tags: Ball Corporation, Beverage Can
Big Bottom Distilling has released three new aged vodkas under Oregon Starka Project, result of collaborative effort between three Oregon distillers. Starka is a traditional aged vodka that dates back to the 15th century in Russia. ...
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
Kraft Macaroni & Cheese has announced that it will completely remove artificial preservatives and synthetic colours from Original Kraft Macaroni & Cheese in the US by January 2016. The synthetic colours will be replaced with colours ...
FabricLink Network has chosen WoolVisions, the intimate blend of CoolVisions dyeable staple polypropylene with wool as one of its Top 10 Textile Innovations for 2014–2015. The innovative intimate blend of CoolVisions staple ...
Tags: FabricLink Network, WoolVisions, Innovations
As per the latest report of the USDA, global 2014/15 cotton production is projected at 119.2 million bales, 1 per cent below last season. China and India account for half of the world crop, each contributing an estimated 30 million ...
Tags: Cotton Output, Textile
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth