Confectionery producer Kinh Do is planning to build a new instant noodle plant worth $30m in northern province of Bac Ninh, Vietnam, under a partnership with Saigon Ve Wong. Both the companies have signed an agreement to form a joint ...
Tags: Kinh Do, Confectionery, Candy
Mamee TGU Factory, a joint venture between Mamee-Double Decker Sendirian Berhad and Top Golden Universe (TGU), will construct an instant noodles and snack foods factory at the Industrial Valley in King Abdullah Economic City (KAEC), Saudi ...
Tags: Instant Noodles, Snack Foods
BASF inaugurated its new Ultramid (polyamide 6 and 6/6.6) polymerization plant at the Shanghai Chemical Industry Park in Shanghai, China. The new plant, with a capacity of 100,000 metric tons per year, will further strengthen BASF’s ...
GKN Driveline has produced a complete all-wheel drive (AWD) system in China for SAIC Motors’ new MG GS compact SUV. With this development, the company has become the first global tier one supplier to design such product. In ...
Tags: GKN Driveline, compact SUV
Installed at its Pudahuel production facility, both machines are producing lightweight PCO 1881 screw caps for the second-largest Coca-Cola bottler in Chile, helping to cut carbon emissions across the value chain and reduce carbon footprint ...
Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...
Tags: Processed Foods, BRF
General Motors (GM) and SAIC Motor’s joint venture, Shanghai GM is planning to invest CNY100bn ($16bn) over the next five years, to develop new vehicles. The automaker intends to develop ten new or upgraded models each year until ...
Tags: General Motors, SAIC Motor, new vehicles
Axalta Coating Systems has planted the first lot of trees to start the “Axalta Forest” in Jiangjiakou City, Hebei Province, setting down the roots for a better environment in China and enabled itself be part of the local ...
Tags: Axalta Coating Systems, environmental protection program
Axalta Coating Systems and the China National Heavy Duty Truck Group Co Ltd. (CNHTC), a leading heavy-duty truck manufacturer, have partnered to demonstrate high performance trucks painted with Axalta’s Imron Elite environmentally ...
Tags: Axalta Coating Systems, Heavy Duty Truck, Shanghai Auto Show
Canada based agribusiness joint venture G3 Global Grain Group (G3) is set to acquire 50.1% stake in grain handler CWB for C$250m ($201m). G3 is a joint venture between the Canadian subsidiaries of Saudi Agricultural and Livestock ...
Johnson Controls and Yanfeng Automotive Trim Systems have agreed to form a joint venture (JV) to supply automotive interiors. Named Yanfeng Automotive Interiors, the JV is said to become the largest automotive interiors company in the ...
Japan-based surimi producer Ichimasa Kamaboko is planning to set up a joint venture (JV) with Kelola Mina Laut (KML) in Indonesia. Expected to become operational in July 2016, the proposed JV KML Ichimasa Foods will produce and sell ...
Tags: Ichimasa Kamaboko, Ichimasa Foods
Solar cell maker Solartech Energy will temporarily suspend one of its 11 production lines in Taiwan and continue operating the other 10 to maintain a local capacity utilization rate at 90%, according to Chinese-language newspaper Economic ...
Tags: Solartech, Solar Cell
Ford Motor has agreed to acquire a controlling interest in its joint venture (JV) with Russian car company Sollers as well as provide additional funding to the Ford Sollers JV. The Ford Sollers JV produces and imports Ford products, ...
Tags: Ford Motor, Russian JV
With the rise of the Chinese middle class, the nation's cruise market will continue to grow, and is expected to become the Asia's largest market by 2020, industry sources said. Data recently released by the Cruise Lines International ...
Tags: Cruise market, Cruise ships