Abdullah Abbar & Sons Cold Stores is planning to build a new logistics plant for food products at King Abdullah Economic City's (KAEC) Industrial Valley-phase 3 An agreement to this effect was signed between the two parties. The ...
Ford Motor is reportedly looking to invest around $2.5bn at its plants in Chihuahua and Guanajuato in Mexico. As part of the plan, the company will spend $1.3bn at Chihuahua plant to build two new diesel engines, which will create ...
Tags: Ford Motor, gasoline engine
Asahi Glass Co (AGC) will invest around $400 million to construct a power plant at its Indonesian subsidiary PT Asahimas Chemical (ASC). According to a AGC press release, the power plant will enhance the competitiveness of its ...
Tags: Asahi Glass, Power Plant
China's economic growth slowed to 7 percent in the first quarter of 2015, down from 7.3 percent in the fourth quarter, the National Bureau of Statistics (NBS) announced on Wednesday. The latest figure was better than the forecasts by ...
Tags: Chinese economy, consumer prices
China's fixed asset investment rose 13.5 percent from a year earlier to 7.75 trillion yuan (1.26 trillion U.S. dollars) in the first quarter of 2015, the National Bureau of Statistics said on Wednesday. The pace of increase slowed further ...
Orders at famed event seen as signal of the outlook for nation's export-oriented firms Organizers of the latest China Import and Export Fair said transactions at the fair are expected to be stable even though China's foreign trade ...
Lubrizol Corporation's performance coatings business has expanded capacity and increased manufacturing efficiencies at its solvent acrylics production facility in Sant Cugat (Barcelona), Spain. Solvent acrylic resin technology for ...
Tags: Lubrizol, performance coatings
Dutch brewer Heineken has agreed to purchase 51.11% stake in Slovenian brewery Pivovarna Lasko in a deal that will value the company at around $237m. Heineken and Lasko's largest shareholder Bank Asset Management Company (DUTB) ...
Tags: Slovenian Brewer Lasko, Heineken
Jaguar Land Rover has commenced production of the new Jaguar XE at its manufacturing plant in Solihull, UK. The company has opened a £500m 'factory within a factory' at the Solihull plant. The factory features new body shop and ...
Tags: Jaguar Land Rover, XE Production
FrieslandCampina Cheese is planning to cease operations at its Den Hollander Food cheese packaging plant in Lochem, Netherlands, a move that will impact 139 jobs. This is in line with the company's strategy to cut costs to improve its ...
The LED industry is now fully embracing the fast-growing lighting market as (based on revenues) LED lighting has become the largest sector among LED applications, surpassing LCD backlighting in 2014, and is expected to be the major driver ...
Tags: LEDs MOCVD, LED Chip
At the 7th World Water Forum, Ahmet Bozer, Executive Vice President and President of Coca-Cola International, announced the expansion of The Coca-Cola Africa Foundation's (TCCAF) Replenish Africa Initiative (RAIN), pledging an additional ...
The full financial year ending September 2014 saw TCL exceed the £10m sales barrier for the first time, capping off a record year with sales growth at over 10%. Sales figures have continued at this level for the first six months of ...
Tags: UK market, TCL Packaging
Private equity firm Fanisi Capital has invested $2.1m in a Kenyan food company European Foods Africa Limited (EFAL) to expand its investment footprint across East Africa’s food processing sector. The food company will use this fund ...
Mercedes-Benz has commenced production of first locally build compact car, the GLA, at its new facility in Beijing, China. Covering 1.5 million m2 area, the facility has been built within less than three years with an investment of ...
Tags: Mercedes-Benz, Compact Car