Indonesian establishment Indofood Sukses Makmur is set to reduce its share in vegetable processing firm China Minzhong Food, a move that would raise $314m. The sale, which is expected to be completed by June, will reduce Indofood's stake ...
Tags: China Minzhong Food, Agriculture
During today's Plastics in Automotive Conference in Detroit,Sandy Munro, CEO of Munro & Associates, discussed – for the first time publicly – his consulting firm's findings from its extensive deep-dive teardown, costing and ...
Chongqing Qingling Auto told our journalist that Isuzu new heavy trucks VC46 was launched recently, and this is the only Isuzu vehicle model that is produced in Chongqing and only produced in Chongqing, the trucks will be sold to global ...
Tags: heavy trucks, Transportation
Global supplier of apparel labeling solutions ITL Group (ITL) said it has inked a joint venture with Codes and Labels Ltd, a privately owned Bangladesh supplier of labels, packaging and trims. Under the terms of the agreement, the Codes ...
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
Axalta Coating Systems and Shanghai Kinlita Chemical have signed an agreement to form a joint venture in China. Aimed at driving deep into China’s burgeoning commercial truck market, the agreement leverages Axalta’s position ...
Tags: Commercial Truck Market, economic development, Construction
US based home textiles retailer, Bed Bath & Beyond Inc said its sales grew 2.7 per cent from a year earlier quarter for fiscal 2014, ended November 29, 2014. Net sales for the fiscal third quarter of 2014 amounted to $2.94 billion, up 2.7 ...
Tags: Net sales, credit card, Textile
Axalta Coating Systems and Chinese industrial coating supplier Shanghai Kinlita Chemical have entered into an agreement to form a joint venture in China. The joint venture will leverage Axalta's expertise in advanced coating ...
New-Indy JV, a joint venture between Kraft Group and Schwartz Partners, will acquire High Point-based corrugated products company Carolina Container for an undisclosed amount. The acquisition of the company, that employs more than 600 ...
Tags: raw material access, existing trading strategy, Agriculture
J.R. Simplot Company and Caviness Beef Packers are planning to build a $100m beef processing plant near Kuna, in the US state of Idaho. To be spread over an area of around 300,000ft2, the proposed plant will be fully approved by spring of ...
Tags: beef industries, dairy, Agriculture
Puma and United Legwear & Apparel Co. LLC (ULAC) have initiated a joint venture (JV) in North America for the production, sales, marketing, and distribution of Puma children's apparel. The JV will operate in the name of Puma Kids Apparel ...
Tags: merchandising, sales, marketing teams, Apparel
Old Bridge Cellars (OBC) has expanded its Oregon portfolio with Chapter 24 Vineyards, a joint venture between Evening Land founder, Mark Tarlov, and Burgundian winemaker, Louis-Michel Liger-Belair of Vosne-Romanee. Chapter 24 refers to ...
Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
BASF and Shell have reached an agreement for BASF to sell its share in the 50-50 joint venture ELLBA Eastern, Jurong Island, Singapore to Shell. The joint venture, which is operated by Shell, produces styrene monomer and propylene oxide. ...
Thailand headquartered and producer of petrochemicals and fibres, Indorama Ventures has signed two joint venture deals in Mexico, both in which it will have a 51 per cent holding. The first is Indorama Ventures EcoMex, S. de R. L de C.V ...
Tags: petrochemicals, fibres, Textile