At the time of the appointment of the current Board on 3 October 2012, the Victoria Directors made it clear that they wished to directly link the performance and reward of key personnel to the creation of wealth for shareholders. This link ...
Tags: Victoria Directors, Shareholder, Wealth
Maui Brewing is planning to set up a new brewery at the Kihei Research & Technology Park in Hawaii, US. The new facility scheduled to open by January 2014 is expected to have a footprint of 41,000sqft with an 8,000sqft subsidiary brew ...
Tags: Maui Brewing, new brewery, Hawaii
Reportedly, US Steel planned to start up its US$400 million automotive sheet continuous annealing line at the company's PRO-TEC joint venture with Japan's Kobe Steel in the second quarter of this year. Currently, the company is working ...
Major China expandable polystyrene producers, Xingda Group and Loyal Group -- with a combined production capacity of nearly 3 million mt/year -- are operating their plants at reduced rates of 40%-50% this week, before the Lunar New Year ...
Tags: polystyrene, production capacity, China
US iron ore production in 2012 has been estimated at 53.2 million mt,down slightly compared to the 54.7 million mt recorded in 2011, owing to reduced steel consumption and destocking, according to the "US Geological Survey, Mineral ...
The Russian wood-based panels manufacturer Uvadrev-Holding ordered a complete particleboard line from Siempelkamp. With this additional line, Uvadrev will more than double production capacity at its Uva site to. The new line is to produce ...
A caustic soda plant operated by Qatar Vinyl Company (QVC) which has been taken off-stream, will restart in the first week of February. “The plant was taken off-stream for a maintenance turnaround on January 15 and is expected to ...
Tags: Vinyl Caustic Soda Plant, caustic soda plant, Qatar Vinyl Company
French carmaker PSA Peugeot Citroen has started series production of the Peugeot 208 at the Porto Real facility in Brazil. The group had invested €305m to expand the facility in order to increase the plants production capacity from ...
Tags: carmaker, PSA Peugeot Citroen, Peugeot 208, Brazil
BASF Shanghai Coatings, a subsidiary of the German chemical company BASF, has started construction of a new automotive coatings plant at the Shanghai Chemical Industry Park in China. Scheduled to start production in early 2014, the new ...
Tags: BASF Shanghai Coatings, BASF, automotive coatings plant
In China, the non-standard special material equipment industry is an emerging industry derived from the fast development of new material industry and advanced equipment manufacturing, particularly encouraged by the government. In recent ...
Tags: special material equipment industry, pressure vessels, pressure pipes
Reportedly, Ecuadorian Andec, long product producer in Ecuador, has announced to launch its new electric arc furnace (EAF) after a 15-day trial testing run in December last year. Meanwhile, all equipment was supplied by Italy's ...
Healthy beverage provider in the US, True Drinks, has announced the expansion of its production capacity, by a co-packer bottling agreement with Coats International located in Dallas, Texas. True Drinks national operations manager Bob ...
Tags: packer bottling agreement, bottling partners, bottling
Mazda has announced it will build a new transmission plant in Thailand, with operations set to begin between April and September 2015. At a cost of $273 million (26 billion yen) and with an annual production capacity of approximately ...
Tags: Mazda, new transmission plant, Thailand
Singapore-based dye and chemical provider Huntsman Textile Effects (HTE) has added a specialty synthesis unit at its state-of-the-art reactive dye facility in Mahachai, Thailand. The newly installed unit — which specializes in ...
Tags: dye, chemical, Huntsman Textile Effects, specialty synthesis
Czech TPCA vehicle factory Joint venture by Toyota and Peugeot Citroen, expressed that its automobile production declined 20% last Year in the influence of European automobile market downturn. TPCA factory has 3,000 staff and its ...