Nigeria’s Bank of Industry (BoI) has announced that about N56.48 billion of the N100 billion Cotton, Textiles and Garmenting (CTG) Revival Fund allocated by the Federal Government has been distributed till date. This was ...
Tags: Cotton, Textiles, Garmenting
After posting anemic growth of 0.1% in 2012, Latin America's manufacturing sector is poised for moderate growth through 2014, according to a new report. The Manufacturers Alliance for Productivity and Innovation's Latin America ...
Tags: Processing Machinery, Machinery
Toyota has launched two hybrid versions of the Japanese domestic market’s 11th-generation Corolla. Launched together –and differing from the Australian, European and US markets’ small car of the same name – the ...
Tags: Corolla Axio, Toyota
The Toyota Vitz GRMN Turbo has been launched for the Japanese domestic market, boosting looks and performance. Based on the locally badged Toyota Yaris and previewed by a concept at the Tokyo Auto Salon in January, the Vitz GRMN Turbo ...
Tags: Toyota, Yaris Turbo
“It’s worth noticing the unexpected declines in vehicle exports in the first half year of 2013,” Vice Chairman of CAAM Dong Yang says. The export of Chinese vehicles which grew very fast last year presents a declining ...
Tags: Overseas Market, Vehicle
Air Liquide Group, the world's largest industrial gas producer by revenue, has launched the second phase of its investment program, called Tengfei II, in China this year. The program caters to the country's growing demand for oxygen, ...
Tags: Clean Energy Boom
ArcelorMittal Temirtau, the largest metallurgical enterprise in Kazakhstan, has stated that in August it plans to ship around 30,000 mt of rebar, up 13 percent compared to July, including 25,000 mt to the domestic market. Meanwhile, in ...
New orders for hot rolled steel products received in the German steel market increased three percent in the second quarter of this year compared to the second quarter of the previous year, according to the German steel federation ...
Tags: Steel Market
Amidst the challenging macro-economic scenario, Aditya Birla Nuvo Limited (ABNL) has posted strong earnings growth. The company is competitively well positioned in most of its businesses. -Revenue grew by 8 per cent from Rs. 5,745 crore ...
Tags: Madura Fashion, Textile
There is no differentiation in the textile and garment products made by Belarusian enterprises for selling in the domestic market and those meant for exports, an official from the Bellegprom Group, consisting of 109 companies engaged in ...
Tags: Textiles, garment products
The Government of Brazil has temporarily reduced the import tariff on polyester partially oriented yarn (POY) to 2 percent due to shortage of the product. POY with NCM code 5402.46.00 is an intermediate filament used as a raw material ...
Tags: Import Tariff, Polyester POY
China's telecoms regulator has recently added a touch of clarity to the confusion surrounding the future technological direction of the country's mobile market – a touch and nothing more. After months of speculation on when the ...
Tags: China's Telecos, 4G
Piramal Glass, a cosmetics and perfumes glass manufacturing major reported over two-fold jump in consolidated net profit to Rs 25.77 crore for the first quarter ended June 30, 2013, helped by forex gains. Consolidated net sales of the ...
Tags: Construction, Glass
Lafarge West Africa has reportedly signed an MoU with the Engu State Commissioner for Commerce and Industry, Nigeria, which paves the way for a new cement plant to commence operations next year. Speaking on behalf of the state, Dr Jude ...
Tags: Cement, Construction
In the week from July 29 to August 4, scrap indexes continued to move upward on the Orbis Steel Index. In the given week, the Turkish rebar index maintained its upward movement. Meanwhile, the Turkish flat rolled product indexes also ...
Tags: Scrap, Orbis Steel Index