The investment is intended for producing bottles for wines and sparklings.The company will expand its production capacity by 50%. Verallia heads the greatest investment in a new industrial plant ever made in Argentina in 2012.The local ...
Tags: investment, Verallia, Argentina, glass industry
Top 10 Wealth Density Countries Monaco Tops First Ultra High Net Worth Wealth Density List While 60% of the top 10 Wealth Density Countries are in Europe, a surprising 30% are located in Asia. Traditional wealth centres dominated as ...
Tags: Density of Ultra, Wealth Density Countries, Density Countries
Japanese conglomerate Mitsubishi has invested in Australian dairy ingredients supplier Tasmanian Dairy Products. The company has acquired 24% of Tasmanian Dairy Products from the firm's largest shareholder Murray Goulburn, the Australian ...
Tags: Mitsubishi, dairy ingredient, dairy industry, dairy products
Koreajoongangdaily reported that POSCO has been selected as a preferred bidder for a KRW 1 trillion (USD 922 million) deal to acquire a 15% stake in ArcelorMittal Mines Canada Industry sources with direct knowledge of the matter said that ...
Tags: iron ore price news, steel scrap buyers, steel suppliers
RAB Lighting has claimed that its previous 50,000 hour estimates for its LEDs have been too conservative,and based on the TM-21 standard it now says its LEDs should last 100,000 hours,the equivalent of 27 years of 10-hr per day use. The ...
Reuters reported that Brazil's Vale SA is in no rush to sell its stake in Norwegian aluminum group Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that the company which is scaling back investments and focusing more on core iron ore ...
Tags: core iron ore operations, oil and gas exploration, stake
Reuters reported that Canada hoping to spur economic development of its far north has approved the construction of a massive iron ore mine in the Arctic territory of Nunavut that could help top steelmaker ArcelorMittal reduce its dependence ...
Tags: iron ore price news, jobs in mining, mining, gold mining game
Pakistan based Lucky Cement Limited is planning 500,000 tonnes a year grinding plant in Sri Lanka as part of its overseas expansion drive. Mr Muhammad Ali Tabba CEO of Lucky Cement said that the firm has sought state land to build USD 20 ...
Tags: Cement, grinding plant, expansion drive
Business News Americas reported that Brazilian mining giant Vale's efforts to regain domestic market share include the strengthening of partnerships, such as the one with Korean steelmaker POSCO at the USD 4.34 billion Companhia ...
UK sugar-to-dessert group Real Good Food Company has booked a 62% increase in EBITDA on strong sales gains. EBITDA for the 15 months to 31 March rose to GBP9.1m (US$14.3m) on sales that increased from GBP249m to GBP305.5m. Key trading ...
Tags: Real Good Food, sales gains, increase, company news
RAPSI reported that the East Siberian District Federal Commercial Court has ruled to suspend the execution of the ruling to grant Rusal Investment Management documents and information about Norilsk Nickel's activities, the court told the ...
Tags: Norilsk Nickel's application, Russian Legal Information Agency
Marubeni-Itochu Steel Inc announced that it has agreed to acquire the 59.12% stake that lead shareholder Ann Joo Resources Berhad holds in Malaysian metal press processor Anshin Precision Industries Sdn Bhd as well as the 8.69% share ...
Tags: auto industry, local procurement ratios, comprehensive services
PTI reported that the government is likely to sell its 10% equity this week in iron ore miner NMDC, which could fetch the exchequer nearly INR 6,300 crore at the current market price. A senior government official said that "The stake sale ...
Tags: iron ore miner, market price, largest domestic iron ore miner
Taipei, Oct. 11, 2012 (CENS)--President Ma Ying-jeou asserted the principle of "normal opening and exceptional control" for foreign investments in Taiwan yesterday (Oct. 10), greatly lifting the restrictions on the entry of foreign capital ...
Tags: Taipei, investments, mainland Chinese
Business Line reported that a global bond issue of USD 1.5 billion and stake sale to reduce promoter holding to 75% in Adani Enterprises and Adani Ports are just some of the options that the Adani Group is considering to fund its coal ...
Tags: coal mining jobs, mining, coal mines, iron ore mining