Borealis said Tuesday it would invest Eur65 million ($85.4 million) to upgrade the Borstar PE2 (polyethylene2) plant technology to the third generation, extending the Borstar PE platform at its production site in Porvoo, Finland. "This ...
Tags: Chemicals
United States Department of Energy (DOE) released the latest report that the installs of LED lamps in United States increased 10-fold in the past two years from 4.5 million units in 2010 to 49 million units in 2012, it is estimated that ...
Tags: LED Lighting, LED, Lights, Lighting
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
Fashion retailer River Island has selected Oracle's Retail Planning and Optimisation solution to help support its plans for worldwide growth. The firm will use Oracle Retail Merchandise Financial Planning,Oracle Retail Assortment Planning ...
Tags: River Island, Oracle, Growth, Financial Planning
Malaysian packaging manufacturer Scientex has announced plans to invest RM50m ($16m) in a bid to increase the production capacity of its consumer packaging business by 50%. Scientex has contracted the purchase of five blown film machine ...
Spanish operator Telefonica is worried about the Android-iOS smartphone duopoly, and has joined with Microsoft in a marketing blitz that it hopes will convince consumers to pick up smartphones based on Windows Phone. For one year, ...
Tags: Telefonica, Windows Phone, iOS, Android, Smartphone
US-headquartered confectionery giant Mars has broken ground on a $82m production line for Twix chocolate bars in Egypt, in order to cater to the Middle East and African markets. The new manufacturing facility is located at the company's ...
Tags: Agriculture, Food, Chocolate
Results from a recent survey suggest that the industrial sector is generally optimistic about its growth prospects for the coming year, but sees an array of regulatory and policy-related issues as threats to its continued recovery. These ...
Tags: Processing Machinery
Kitchen Faucets were once a mundane kitchen necessity for washing dishes, food prep and water supply. Manufacturers are now turning kitchen faucets into attention getting features and packing them with lots of innovative added function. ...
Tags: Construction, Kitchen Faucet, Faucet
Abraaj Group, a Dubai-based private equity firm, has agreed to acquire Danish Fan Milk International from the Emborg family from Aalborg together with the private equity fund Maj Invest Equity and the management. Fan Milk International ...
Tags: Abraaj, Milk, Agriculture&Food
Kitchen Faucets were once a mundane kitchen necessity for washing dishes, food prep and water supply. Manufacturers are now turning kitchen faucets into attention getting features and packing them with lots of innovative added function. ...
Tags: Kitchen Faucets, Faucets, Construction
The Government should retain its stand on the clarifications issued with regards to foreign direct investment (FDI) in retail, and should not relax any of the conditions under any pressure whatsoever, Confederation of All India Traders ...
Tags: Apparel
Dai Dongchang, chief planner at China's Ministry of Transport, has stated that China will invest around RMB 4.7 trillion ($766.72 billion) in building up its national road network in the period up to 2030, in order to ease pressure from ...
Tags: Transportation, Road Network
Wanda Hotels & Resorts, the hotel management unit of Chinese conglomerate Wanda Group, expects to become the biggest five-star hotel investor in the world in 2015. Bao Bo, vice president of it, said in an interview on June 13 that it was ...
Tags: Wanda Group, 5-Star Hotel
A string of footballers and other celebrities have been accused of using an extravagant data centre construction scheme in a bid to avoid tax. The data centres, on the Cobalt business park just outside Newcastle, are completely empty two ...
Tags: Computer Products, software