Hindustan Unilever Limited (HUL) has entered into an agreement for the sale and transfer of its bread and bakery unit, which functions under the name of Modern to Nimman Foods for an undisclosed amount. Nimman Foods is an investee company ...
Arla Foods Ingredients has developed a natural milk protein-based solution which claims to offset complaints about dry, crumbly gluten-free bakery products. The market for gluten-free products is going through the roof in both Europe and ...
Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne is pursuing a tie-up between FCA and its US based rival General Motors, giving it ‘high priority’. The move is aimed at reducing the number of players in the industry and ...
Toyota is planning to invest Rs10bn ($150m) into its Indian subsidiary Toyota Kirloskar which is expected to be used for the company’s new engine plant and new projects including production of Innova, Fortuner and a mid-size sedan. ...
Tags: Toyota, engine plant
Japanese car maker Nissan has announced plan to invest £100m into its Sunderland plant to manufacture the company’s next generation Juke crossover car. The plant began operations in 1986 and since then 8 million vehicles ...
Tags: Crossover Car, Nissan
Mazda Motor and Russian automaker Sollers have signed a MoU with the Government of the Russian Federation to explore setting up of an engine production plant at their joint venture Mazda Sollers Manufacturing Rus (MSMR) facility. The ...
Tags: Russian government, Mazda Motor, engine
PPG Industries has announced that it has completed its acquisition of IVC Industrial Coatings, Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $100 million. Financial terms were not ...
More advanced semiconductor manufacturing processes and more production capacity for special processes are likely to emerge in China during the country's 13th five-year economic plan period which ranges from 2015-2020 thanks to equity ...
Tags: semiconductor, Integrated Circuit
Liquor store chain Licor Zone is to acquire several Mexican tequila distilleries in a bid to become heavy weight in the tequila business. The move comes as several small and medium-sized distilleries may cease their operations or may ...
Tags: Licor Zone, Tequila
Henkel Adhesive Technologies, a solution provider for adhesives, sealants and functional coatings, has unveiled its “Lighting in 2025” report, with up-to-the-minute research on current and future trends in the lighting industry. ...
Tags: adhesives, sealants, functional coatings
AkzoNobel plans to invest more than €1.3 million to build a pilot plant for coating resins at its Performance Coatings site located in Felling, UK. The state-of-the-art facility - which will create three new jobs and safeguard a ...
Tags: AkzoNobe, Performance Coatings
Indian automobile major Mahindra & Mahindra (M&M) will launch a compact SUV called ‘Mahindra TUV300’, developed under project code U301. Claiming to have drawn the design from battle tank, the new vehicle features raised ...
Tags: compact SUV, Mahindra
Originally a battery maker, Indian manufacturer Eveready is transiting into the LED lighting market recently with the aim of acquiring at least 10% market shares, according to a Business Standard report. According to the company Directing ...
Tags: LED Lighting Market, LED industry
Since 2005 up to now, 10 sessions of China (Nanjing) International Software Product & Information Service Expo (CIS) have been consecutive convened as one of the largestinternationalICT fairs with the most impact in the world, ...
Tags: Footprints
The related executives of Ningbo Feida Auto Sales Company came to visit Beiben Group with the delegates from the local logistics enterprises in the accompany of Chen Min, manager of Zhejiang Branch Company of Beiben Marketing Company on 24 ...