Bosch Packaging Technology will be acquiring 49% share in India-based Klenzaids to extend its global reach, particularly in liquid pharmaceuticals and packaging machines for clean-room environments. The joint venture is being planned in ...
BASF Group company Wintershall is continuing its growth course in Norway. By acquiring shares in the production fields Gjøa (5%) and Vega (24.5%), Wintershall is increasing its production in Norway from about 40,000 barrels of oil ...
Tags: Statoil, Wintershall, Construction
Chinese and Thai venture SAIC Motor-CP will manufacture MG brand eco-cars at a new plant to be built in Thailand next year. Having obtained regulatory approvals earlier this week, the project will witness an investment of Thb30bn in the ...
The rigid plastic packaging giant’s results for the six months ended 30 September 2014, shows good growth in profits, returns and dividends. The planned acquisition of Promens Group progresses the company’s Vision 2020 ...
Earnings in the third fiscal quarter ended November 1, 2014 at US apparel retailer, Stein Mart slipped in to black from red in the year ago quarter. Third quarter of 2014 adjusted net income totalled $0.9 million or $0.02 per diluted ...
Tags: apparel retailer, Apparel
Mercedes-Benz Cars has unveiled its new CLA Shooting Brake model. The new model will initially be available with two diesel and three petrol engines as well as 4MATIC all-wheel drive. It goes on sale in the UK in January 2015, with the ...
Tags: CLA Shooting, Brake Model, Auto
UK-based supplier and contract slitter of flexible packaging materials Lean Flexibles has installed a X6 slitting machine from Universal Converting Equipment. The machine has helped the company to minimise job set up times, produce ...
Tags: Lean Flexibles, Slitting Machine
China's top economic planner singled out on Wednesday seven areas for public-private partnerships to fuel the country's economic growth. The National Development and Reform Commission said the plan will be implemented as soon as possible. ...
Tags: economic growth, Private Companies
ShawCor Ltd.'s Bredero Shaw pipe coating division has received a second contract with a value of approximately $200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. The ...
For the 28 week period to October 1, 2014, UK based babycare retailer, Mothercare reported pretax profits as against a loss in the comparable first half of 2013-14. Mothercare delivered reported profit before tax of £5.5 million in ...
Tags: babycare retailer, pretax profits, Apparel
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
The private hospital sector is an emerging part of China’s healthcare market, and is expected to maintain double-digit growth over the coming years, driven by regulatory changes, market demand and capital investments. Specialty ...
Tags: Specialty Hospitals, Medicine
Never mind the Scrooges out there now complaining about wall-to-wall Christmas TV ads – for contract packers the festive dash began months ago and isn’t far off being all wrapped up for another year. The pressure on factory ...
Solar-grade crystalline silicon wafer maker Sino-American Silicon Products (SAS) plans to expand its annual production capacity for monocrystalline silicon solar cells by 350MWp from 500MWp currently to 850MWp in 2015 and is likely to set ...
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