The China Australia Free Trade Agreement will further open China as an attractive marketplace for business and investment, with greater access to China’s $10 trillion economy which currently has a growth rate of around 7.7% per year. ...
China-based LED epitaxial wafer and chip maker San'an Optoelectronics, due to subsidies of CNY1.0 billion (US$163 million) offered and orders worth CNY3.0 billion arranged from the government of Xiamen City, southeastern China, will set up ...
Tags: LED epitaxial wafer, chip maker, Lights
Wacker Asahikasei Silicone, a Japanese joint venture of Wacker Chemie AG, has opened a new development laboratory for airbag applications. The competence center will spearhead the development of silicone coatings for airbags and technical ...
Tags: silicone coatings, airbags, Construction
Dow Chemical, which wants to hive off its various stakes in Kuwait’s chemical and petrochemical sectors, will offer its shares to Kuwaiti citizens as an initial public offering (IPO). Kuwait's state news agency KUNA quoted Public ...
Tags: petrochemical sectors, Dow Chemical, Textile
Swiss food major Nestle has expanded its breakfast cereal range with the launch of new Gluten Free Corn Flakes. The new Gluten Free Corn Flakes, fortified with B-vitamins and iron, are available in two flavors including Traditional and ...
Tags: breakfast cereal, Gluten Free Corn Flakes, Agriculture
Ezaki Glico, Japanese snacks maker, is aiming to make its Pocky biscuit into a RM3.34 bn (US$1 bn) brand. The company with 92-year history is planning to grow overseas by promoting its stick-shaped, chocolate-coated Pocky pretzels in ...
Tags: Pocky pretzels, snacks maker
Darling Ingredients, a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, ...
Revenue in the third quarter of 2014, surged 29 percent from a year ago quarter at apparel marketer Columbia Sportswear Company, from many reasons, among which are incremental sales from its new China JV and newly-acquired prAna brand. ...
Tags: Columbia Sportswear, Apparel
Reported earnings per diluted share in the third quarter of 2014, at producer of speciality chemicals and NYSE-listed - Eastman Chemical Company, slipped 29% year on-year. “Reported earnings in the third quarter of 2014 stood at ...
Tags: Eastman Chemical, fibre segment, Textile
Open Joint Stock Company, Baranovichi Cotton Production Amalgamation, (Blakit),one of the largest manufacturers of textile products in Europe and CIS countries, would have to establish a joint venture in Turkmenistan, according to the Prime ...
Tags: Cotton Production, joint venture, Textile
Iconic denim apparel marketer - Levi Strauss & Co has partnered with IFC, a member of the World Bank Group to provide financial incentives for garment suppliers in developing countries. This new supplier finance program, which was ...
Tags: denim apparel marketer, Global Trade Supplier Finance, Apparel
Coats, one of the leading industrial thread and consumer textile crafts companies, has announced the opening of a global services business in Vietnam, on the eve of completing 25 years of operations in the country. The new dedicated ...
Tags: Coats Global Services, Textile
Australian mining heiress Gina Rinehart has announced plans to invest $500m in an infant milk powder joint venture Hope Dairies for export to China. The move comes in advance of an expected announcement of a free-trade agreement ...
Tags: Australian, infant milk, Queensland
Italian state-backed private equity fund Fondo Strategico Italiano (FSI) and Qatar Holding have acquired stake in Italian meat producer Inalca for $205m. The Qatari, Italian joint venture will acquire 28.4% stake in Inalca, which is ...
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile