UK-based pulp‚ paper and packaging group Mondi has announced that it successfully acquired Nordenia‚ a worldwide operating manufacturer of flexible packaging‚ technical films‚ and product components for €259m. ...
Tags: packaging, Mondi, technical films
Optical networking and associated semiconductor technology company JDSU of Milpitas, CA, USA has reported its first-quarter 2013 (ended 29 September 2012). Non-GAAP net revenue was $420.9m and net income was $35.0m ($0.15 per share). ...
Tags: Optical networking, associated semiconductor, net revenue
Skyworks Solutions Inc of Woburn, MA, USA, which manufactures high-reliability analog and mixed-signal semiconductors, has reported its fiscal fourth-quarter and full-year results for the period ending 28 September 2012. Revenue for the ...
Tags: Skyworks, analog semiconductors, mixed-signal semiconductors
SCG s vice president for corporate affairs, Tanawong Areeratchakul, said the company had signed a contract with SAP (Thailand) to upgrade its ERP project to boost growth domestically and in countries such as Vietnam and Indonesia. Under ...
Tags: The ERP project, Siam Cement Group, information technology
Lithium ion battery maker A123 systems has finalised its agreement with Chinese automotive components manufacturer Wanxiang for the provision of $465m funds to continue its core businesses as well as its vehicle electrification and ...
Tags: lithium ion battery, A123 systems, vehicle electrification
Geo Networks has completed a new fibre network running between London and Dublin,enabling the company to bring its offerings to Ireland as well as creating a faster connection between the two capital cities. The East-West fibre ring runs ...
Tags: Geo Networks, ESB Telecoms, UK, Ireland, Fibre ring, EU
Qatar First Investment Bank(QFIB),Qatar's first independent Shari'ah compliant bank authorized by the QFC regulatory authority,announced the acquisition of a 40%stake in English Home,the leading retailer of home textile products in Turkey. ...
Tags: QFIB, acquisition, home textile products
Closer trade ties between China and Chile following the signing of a landmark trade agreement are seeing a surge of exports to China. Mr Alvaro Jana Linetzky DG of international economic relations with the Chilean Foreign Ministry said ...
Tags: trade agreement, copper, copper consumer
US-based International Flavors & Fragrances (IFF) has opened a new flavor production facility in New Delhi, India, as a part of its plan to strengthen its presence in emerging markets. The new facility, located in Gurgaon, will develop ...
Tags: flavor production facility, emerging markets, foods, sweets, beverages
Zurich Insurance Group (Zurich) has reported a business operating profit (BOP) of $1.13bn for the second quarter of 2012, with a slump of 12% from $1.28bn during the same period last fiscal. Zurich headquartered underwriter said that its ...
Tags: Zurich Insurance, operating profit, net income, insurance
With trading still subdued and increasing pressure from competitors, Office Brands has mapped out a wide-ranging 'game plan' to be implemented by CEO Gavin Ward, who has now been in the chair for six months. Addressing a strong ...
Tags: office brands, a wide-ranging'game plan', office supplies
Campbell Soup has entered into an agreement to acquire Bolthouse Farms, a US-based food and beverage company, from private equity firm Madison Dearborn Partners for $1.55bn in cash. The acquisition is a part of Campbell's strategy to ...
Tags: food and beverage company, private equity firm, leading market positions
US food company Smart Balance has completed the acquisition of Udi's Healthy Foods,a producer of gluten-free products,for$125m in cash. Smart Balance has acquired Udi's Healthy Foods from majority shareholder Hubson Acquisition,an ...
Google Play has seen business boom this year with a 311 per cent rise in revenue,but the Android app store still has a long way to go before catching up with Apple's iOS App Store. Those are the findings of a new report by app store ...
Tags: Google Play, Revenue, Android app store, Apple's iOS App Store
BP announced that it has agreed to sell all its interests in purified terephthalic acid (PTA) production in Malaysia to Reliance Global Holdings Pte. Ltd. (Reliance). The agreement concerns BP’s 100 per cent equity in BP Chemicals ...
Tags: terephthalic acid, BP Chemicals, paraxylene technologies