The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND). During its ...
Tags: Paper Mill, Stora Enso
Valmet will supply an extensive board machine rebuild and automation solution for machine and quality control to the ITC Bhadrachalam mill in India. The rebuilt production line (PM1) is planned to produce high-quality lightweight coated ...
Tags: extensive board machine, Valmet
Leveraging the convergence between its packaging and security printing activities, Agfa positions itself as a strategic partner for advanced packaging applications. It sees the Touchpoint Packaging as a suitable platform for a dialog with ...
Tags: Touchpoint Packaging, packaging
Stora Enso will invest a total of approximately EUR 70 million in a new polyethylene (PE) extrusion coating plant and an automated roll warehouse (ARW) at Imatra mills in Finland. Extrusion coating is a process used to enhance the ...
Tags: Stora Enso, Coating
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
Philips announced it will be closing down its lighting plant in Burgaw, Pender County in North Carolina, U.S. recently, according to a report by Triangle Business Journal. The factory closure, which will become effective as of Sept. 2016, ...
Tags: Philips, lighting industry
Rosen Law Firm, a global investor right law firm, announced recently it is investigating potential securities claims on behalf of shareholders of Aixtron resulting from allegations that Aixtron might have issued materially misleading ...
Tags: San'an Opto, Aixtron, LED chip
Osram announced by raising the share of semiconductor sales from the global general lighting market could help it reduce the total cost of producing chips for LEDs at its new factory to be opened in Malaysia, reported Bloomberg. The LED ...
Tags: Osram, LED chip, general lighting
Philips, the global leader in lighting and Cisco, the worldwide leader in IT, today announce a global strategic alliance that will create new value in energy savings, building efficiency and employee productivity, made possible by the ...
Tags: Philips, LED lighting, IoT Lighting
Tridonic GmbH & Co KG, a leading manufacturer of LED lighting components and systems and part of the Austrian lighting company Zumtobel Group, has sold its LED signage business to U.S.A.-based AgiLight.. With the acquisition of ...
Tags: Tridonic, LED lighting, AgiLight
The Northwest European styrene monomer premium over feedstock costs has increased by Eur14/mt in December on the month, a rise of 6%, Platts calculations show. The premium hit a 2015 low in November. The December styrene contract price ...
Tags: styrene, ethylene, Ethyl-benzene
The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...
Tags: glycol, diethylene glycol, feedstock EO
Following Osram’s announcement last week that the company is to invest EUR 1 billion in a new Malaysia-based plant for LED chips, a leading investor in Osram expressed opposing opinions about Osram’s latest strategy, reported ...
Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA1 excluding special items rose 24% from a year earlier to EUR 129 million (US$ 142.51 million) , translating into a margin of 9.5%. The development ...
Tags: Osram, smart lighting, LED lighting