Swiss conglomerate Syngenta is planning to set up a corn and sunflower seed processing facility in Cordoba province, Argentina, with an investment of $50m. The facility, located in the central region of Argentina, will supply processed ...
A Taiwanese Government programme to help local textile producers with branding of their products and gaining access to international markets has majorly boosted the sales turnover of the domestic textile makers,the Taiwan Textile Federation ...
Tags: international markets, textile producers, sales turnover
Japanese carmaker Nissan’s Mexican subsidiary, Nissan Mexicana, has begun the construction on a $2bn automotive manufacturing facility in Aguascalientes, Mexico. Announced in January 2012, the company said the new facility will ...
Tags: Nissan, manufacturing facility, Mexico
Chinese state-owned Bright Food has completed the acquisition of 60%stake in British breakfast cereal company Weetabix from its private equity owner Lion Capital,in a £720m deal. The remaining is held by Lion Capital and the ...
Tags: stake, international markets, Bright Food
India-based ice cream and processed food manufacturer Vadilal Industries is planning to double its processed food revenues to over INR1bn ($18.4m) by 2015. The company noted that this decision comes in response to the growing demand for ...
The Board of Xennia Technology Ltd announces the appointment of Mr Dave Knight as managing director with effect from the 17th September, 2012. Dave Knight brings to Xennia Technology a strong track record in strategic and brand ...
Tags: ink, ink systems, Textile applications, textile market
Carter’s Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, reported its third quarter 2012 results. “We are reporting a record level of sales and earnings in our ...
Tags: Carter's, third quarter 2012, financial results, net sales
Everest Re Group has reported $250.9m in net income or $4.82 per diluted common share for the third quarter 2012, an increase of 298% compared to $63.1m, or $1.16 during the same period last fiscal. After-tax operating income, excluding ...
Tags: Everest Re Group, net income, quarter 3, insurance
Bosch Packaging Technology, a supplier of process and packaging technology, has opened a new 34 crores (€5m) manufacturing facility in Verna, Goa, India. The 33,000ft2 facility is designed to fulfill capacity expansion and meet ...
Daimler’s Japanese commercial vehicle subsidiary, Mitsubishi Fuso Truck and Bus (MFTBC) has launched its Fuso Canter Eco Hybrid truck in Japan. The new Fuso Canter is powered by a hybrid engine combines a DUONIC dual-clutch ...
Tags: Daimler, Fuso Canter, hybrid truck
Everest Re Group, a Bermuda-based property and casualty reinsurance and insurance firm, has announced that its chief executive officer, Joseph Taranto has agreed to continue his role through 2013. According to the company, Taranto will be ...
Tags: Everest Re Group, chief executive officer, Joseph Taranto, insurance
Sygnis Pharma will join forces with X-Pol Biotech to secure sustainable business model. The company believes that the changes are essential after the termination of clinical development activities in December 2011. Sygnis' new business ...
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets
Leading Indian Fashion designer Rohit Bal is coming up with Indian carpet collections, in collaboration with Denmark’s leading luxury carpet company Ege. This is for the first time that the Herning-based multinational carpet company ...
Tags: carpets, carpet collections, luxury carpet, multinational carpet company
The UK food and non-alcoholic beverages (F&B) exports for the first six months of 2012 have increased 2.2% to £5.9bn compared to the same period in the prior year, according to the Food and Drink Federation (FDF). Exports to all ...
Tags: food and non-alcoholic beverages, food and drink federation