Gujarat based producer of polyester multifilament yarn has commissioned and begun commercial production of a 3,500 tons per annum carpet yarn manufacturing plant. “This is a valued added product and will generate additional revenue ...
Tags: textile manufacture, fabric yarn, polyester multifilament yarn
In April, BASF commissioned the pilot plant for the manufacturing of SLENTITE, its new high-performance product. The large-sized insulating panels will initially serve the optimization of the performance profile and will subsequently be ...
Tags: BASF, SLENTITE, material manufacture, construction material
TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
India’s Reliance Industries (RIL) will be commissioning a Purified Terephthalic Acid (PTA) plant and a Polyethylene Terephthalate (PET) resin plant at Dahej in the western state of Gujarat. The PET plant that has been built with ...
Tags: India's Reliance Industries, Purified Terephthalic Acid
Mercedes-Benz has commenced production of first locally build compact car, the GLA, at its new facility in Beijing, China. Covering 1.5 million m2 area, the facility has been built within less than three years with an investment of ...
Tags: Mercedes-Benz, Compact Car
Vail Resorts, Inc. has received unanimous approval from the Park City Planning Commission to implement one of the most ambitious and impactful capital plans in the history of the U.S. ski industry for the 2015-16 season. The plan would ...
Tags: Vail Resorts, Mountain Resort, Recreation
New Zealand based Fonterra Co-operative Group has started operating its new dairy ingredients plant in Heerenveen, the Netherlands. Located on a 25-hectare site, the new facility has been developed to produce whey and lactose specialty ...
Tags: dairy ingredients, Food
Sterlite Grid, a subsidiary of Sterlite Technologies Ltd, has commissioned India’s first ultra mega transmission project, on November 13, 2014. The first line in this project connecting Purnea and Bihar Sharif was commissioned in ...
Tags: Sterlite Technologies, transmission project, Electrical
The Boston Beer Company reported third quarter 2014 net revenue of $269.7m, an increase of $53.3m or 25% over the same period last year, mainly due to core shipment growth of 23%. Net income for the third quarter was $37.9 million, or ...
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported sales from continuing operations for the third quarter increased $794,000 or 14.3 percent to $6.4 million compared to $5.6 million for the third quarter of fiscal ...
Tags: Phoenix Footwear, Sporting Goods
Russian steel producer Severstal has announced that its mining subsidiary Vorkutaugol has commissioned two new cat the Troynoy and Chetvertiy seams at the Komsomolskaya mine. The 612-s face at the Chetvertiy seam is expected to see ...
Tags: Severstal, Two New Coal Faces, Energy
For its fiscal first-quarter 2015 (ended 28 September 2014), Cree Inc of Durham, NC, USA has reported revenue of $427.7m, up 9% on $391m a year ago but down 2% on $436.3m last quarter (and below the $440-465m forecasted in mid-August). ...
Indian state-owned steelmaker Steel Authority of India (SAIL) has announced that it has commissioned the new sinter machine and the coke oven battery No. 11 at its Bhilai steel plant. According to SAIL, these two units are critical ...
Tags: Coke Oven Battery, Sinter Machine
General Motors has appointed John K. Blanchard as lead executive for all GM’s initiatives and projects in Detroit. Blanchard who was serving as the director of Local Government Relations for the U.S. since 2011 will represent GM on ...
Tags: GM, John K.Blanchard, Accessories