Kruger Packaging will invest C$250m ($188.6m) to convert the newsprint machine at its Trois-Rivières mill in Canada to produce lightweight linerboard. The project is being backed by a C$190m ($143.3m) funding from the ...
Tags: Kruger Packaging, linerboard, containerboard
IC foundries based in China and Taiwan are all gearing up for rapid demand growth for microelectromechanical systems (MEMS) devices driven by a new wave of expansion for the Internet of Things (IoT), according to industry observers. The ...
Tags: MEMS sensors, MEMS products
UK-based Plessey says that the Regional Growth Fund (RGF) has officially granted £6.7m towards the expansion of its facility in Plymouth, UK for manufacturing its MaGIC (Manufactured on GaN-on-Si I/C) gallium nitride on silicon LEDs. ...
Tags: LED Production, LED street
Covestro, a global polymer materials supplier, has a new identity. From September 1, 2015, Bayer MaterialScience is operating under the Covestro name. The company is now legally and economically independent, but will remain a 100 percent ...
Tags: Adhesive, polymer materials
China issued a notice Monday encouraging mergers, cash bonuses and share repurchases by listed companies as part of its efforts to push forward reforms of state-owned enterprises and promote the steady and healthy development of the capital ...
Tags: Cash Bonuses, Share Buybacks
The textiles ministry is pushing for keeping the industry in the lowest slab of the proposed Goods and Services Tax (GST) and has pitched a proposal to the Finance Minister, according to media reports. "GST is important, and we are trying ...
The Department of Revenue, Ministry of Finance, Government of India has imposed anti-dumping duty on imports of flax or linen fabric having flax content of more than 50 per cent, originating in or exported from China and Hong Kong. ...
Tags: Linen Fabric, Anti-dumping duty
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
361 Degrees International Limited, which sells sporting goods through more than 7,400 franchised retail outlets in China, reported sales reached RMB2.2 billion in the six months ended 30 June, up grew 5.7 percent compared with the first ...
Tags: sports goods, 361 Degrees, footware
The Taiwan Cabinet or its executive ministry plans to spend roughly NT$36 billion (US$1.16 billion) over the next nine years on its “Productivity 4.0” project beginning this year, with the aim of boosting the island's total ...
Tags: Productivity 4.0, 4.0 standards
The state governments of Karnataka and Andhra Pradesh have requested the Central Ministry of Finance to increase import duty on raw silk from the current 10 per cent to 30 per cent or at least to 15 per cent. In a written reply to Lok ...
Tags: Raw Silk, import duty
The Chinese government spent 109.5 billion yuan (17.9 bln US dollars) aiding people who can't afford medical services during the 2009-2014 period, an official said on Wednesday. Government spending on medical aid rose by an annual average ...
Tags: medical services, medical aid
A guideline for China's Internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum. The guideline seeks to "promote the healthy development ...
"I don't think we should pay too much attention to the fluctuation of the Chinese stock markets. It's not the most important part of the Chinese economy. What's more important is the fundamentals of the Chinese economic growth," renowned ...
British casual wear brand Crew Clothing has launched a store expansion programme after reporting a 12 per cent rise in sales last year, according to media reports. Sales grew by £6.5 million ($10 million) for the year ending 26 ...
Tags: Crew Clothing, casual wear