Ireland-based paper and plastic bags firm AB Group Packaging is set to foray into the US with a manufacturing unit in Delaware. The new plant will make paper bags and industrial packaging products, and is expected to generate around 100 ...
Tags: AB Group Packaging, paper bag, plastic bags
German automobile major Mercedes-Benz has deployed driverless transport trucks ‘carsets’ to supply assembly line staff with goods from logistics on Ludwigsfelde plant premises, doing away with the need for looking around during ...
Tags: Mercedes-Benz, Driverless Trucks, intelligent car system, carsets
German automobile major Mercedes-Benz’s Argentine unit gears up to launch its new mid-size van model Vito during the ongoing seventh edition of Buenos Aires International Motor Show. With production of the vehicle beginning this ...
Tags: Mercedes-Benz, luxury automobile, new mid-size van model Vito
China has begun to implement its investment plans aiming to boost development of the local semiconductor industry, and will inject a total of CNY600 billion (US$19.4 billion) into the industry over the next five years, according to industry ...
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
Thailand-based industrial conglomerate Siam Cement hopes to jack up 5-10% sales out of its paper and packaging this year, banking on demand from Southeast Asian countries. Domestic growth, however, is expected to be around 1-2%. Siam ...
Tags: Packaging Business, Siam Cement
OrganoClick AB, a Swedish company that develops, produces and markets functional materials based on environmentally friendly fibre chemistry, has received funding of SEK 815,000 (approx. $99,542) from Vinnova, a Swedish governmental ...
There is some good news for garment factory workers. G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which 1,137 ...
Tags: Garment Industry, Insurance Fund
Net revenue for the first fiscal quarter ended May 3, 2015 at apparel retailer Lululemon Athletica Inc. climbed 10 per cent to $423.5 million from $384.6 million in the first quarter of fiscal 2015. “Total comparable sales, which ...
Tags: Lululemon Athletica, Apparel
China will come out with a five-year plan (2016-20) for the development of its strategic emerging industries and to further boost its innovation efforts, the nation's top economic planner said on Friday. The National Development and ...
Tags: Emerging Industries, Economy
A new fund that focuses on developing China's next generation of industry - so-called Industry 4.0 - through investment in German small and medium-sized enterprises (SMEs) will soon have its initial $1 billion raised, its founder says. ...
The government of Ontario in Canada is investing around $5.2m in food projects to encourage local food production in the province. The funding is a part of the Ontario government's strategy to increase consumer awareness of and access to ...
Tags: Food Production, Food
US-based regulated public utility firm San Diego Gas & Electric (SDG&E) will put in place electric vehicle (EV) charging infrastructure at up to 550 business and multi-family sites in the Californian region under its pilot program Electric ...
Tags: Auto Parts, Electric Vehicle
PPG Industries has announced plans to expand its investments in global communities where the company operates with the launch of a $10 million initiative called "Colorful Communities." The program, which will focus on renewal projects ...
Tags: Architectural Coatings, PPG
Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...
Tags: Textile