China imported 7.11 million mt of thermal coal in April, down 18.8% on the year and 4.1% from March, according to data released Tuesday by the General Administration of Customs. The volume included 5.72 million mt of bituminous material ...
Tags: thermal coal, bituminous material
Tesla Motors said it will sell about $1.7bn of common stock to fund the production of the newly announced Model 3 car, which is scheduled to hit the market in late 2017. The Model 3 achieves 215 miles of range per charge while starting at ...
Tags: Tesla Motors, Model 3 car
Denmark-based dairy company Arla Foods has opened a new milk powder production facility in Dakar, Senegal, to further its expansion in West Africa. The new plant, which was inaugurated on 17 May, has an annual capacity of 5,000 tons of ...
Tags: Arla Foods, Milk Powder
The production value of Taiwan's IC design industry is expected to increase 6.7% sequentially in the second quarter of 2016, thanks to a pick-up in handset demand, according to Digitimes Research. Demand in China's smartphone market is ...
Tags: smartphone, IC
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
Honda Automobile (Thailand) has opened a THB17.15bn ($465m) production facility at Rojana Industrial Park in Prachinburi province. The new facility will have capacity to produce 120,000 units per year. Featuring a 214,000m2 of space, ...
Tags: Auto Plant, Honda
Korea-based food company Pulmuone Foods has completed acquiring almost all the assets of Vitasoy USA for an undisclosed sum. The acquisition is intended to strengthen Pulmuone's position in the tofu market, while fortifying its operations ...
Tags: Pulmuone Foods, USA market
China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...
Tags: steel oversupply, steel
Global gold demand totaled 1,290 mt in the first quarter, up 21% from 1,070 mt a year earlier, as the biggest quarterly inflow into exchange-traded funds since 2009 offset a steep decline in jewelry demand, the World Gold Council said in a ...
Tags: gold demand, gold
For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...
Tags: Emcore, optical chips
The US Food and Drug Administration (FDA) is working on revising the regulations related to the use of terms such as ‘healthy’ on food labels by manufacturers. The FDA has completed collecting inputs on how it should define ...
Tags: Food Labels, FDA
Notebook ODMs Compal Electronics, Wistron and Inventec have announced their shipments for April with all seeing on-month drop in notebook shipments. Compal shipped 1.9 million notebooks in April, down 45.71% on month from 3.5 million ...
Tags: Notebook ODMs, Notebook
For its fiscal third-quarter 2016 (to 26 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $101.1m, up 7.4% on $94.1m last quarter (a third ...
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
For full-year 2015, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.8m, down 23% on 2014's €16.6m. This is due ...