BASF/Wintershall and Gazprom have already been cooperating successfully for a quarter of a century: The two companies laid the foundations for their cooperation in autumn 1990 with a long-term agreement to market Russian natural gas in ...
Tags: BASF, Gazprom, natural gas
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
Arla has floated two joint ventures in Nigeria and Senegal in Africa, as part of its strategy to extend its network outside the European Union. The company has tied up with local partners - Tolaram in Nigeria and Attieh Group in Senegal - ...
Tags: Arla, Dairy Products, powdered milk products
The country's largest intimate apparel trade fair, Galleria Intima, in its fourth instalment brings in two major Chinese elastic companies – Legend Elastics and Shangang Elastics – to showcase their products. The event is ...
The 14th International Textile Asia Exhibition will be held for the first time in Lahore, Pakistan from August 29 to 31, the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has announced. PRGMEA is hosting the ...
US automotive giant General Motors(GM) has registered 4% dip in its sales in China on a year-on-year basis in July but hopes to maintain strong margins this year. GM and its joint ventures posted sales of 229,175 cars in China in July, a ...
Tags: General Motors, carmaker
Asian Paints today announced its financial results for the first quarter ended June 30, 2015. "No significant improvement in demand conditions witnessed in the decorative coatings business in India in the Quarter. Lower raw material ...
Magna International has inked a pact to purchase automotive transmissions supplier Getrag Group of Companies (Getrag) in a deal valued at 1.75bn Eur. Likely to close by this year-end, the transaction for the 100% equity incorporates ...
Tags: automobile manufacture, company acquision, Getrag Group
GAC Fiat Chrysler Automobiles (GFC), the joint venture floated between Fiat Chrysler Automobiles (FCA) and Guangzhou Automobile Group (GAC), plans to come up with a wholly-owned sales firm GAC Fiat Chrysler Automobiles Sales to boost its ...
Tags: automobile manufacture, GFC, FCA
Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, ...
Tags: agricultural machinery, tractor
One of India’s biggest textile machinery marketers, A.T.E. Enterprises has partnered with HMSU Rollers (India) Private Limited, Ahmedabad, to offer superior quality rubber compounds. “The essential requirements of roller ...
Tags: textile machinery, A.T.E.Enterprises, rubber compounds
Spencer Coatings Limited, the East Midlands-based industrial coatings manufacturer, has announced the acquisition of West Bromwich-based Protega Paints in a multi-million pound deal. The company enjoys a rich heritage in the industrial ...
German automaker Volkswagen has inked an agreement with Chinese joint venture partner SAIC Motor for expanding its main Shanghai Volkswagen (SVW) plant in Anting for electric vehicle production in China. The agreement was inked between ...
Tags: Electric Vehicle
For the quarter ended March 31, 2015, on consolidation of accounts of the subsidiaries and joint ventures of Asian Paints, the company has announced that its income from operations increased by 6.9 % to 3,535 crores from 3,307.1 crores Q4 ...
Tags: Asian Paints, Construction Paints
Taiwan server players such as Inventec, Mitac International and AIC are optimistic about China's server market and have been accelerating their expansion into the market, while Quanta Computer is reportedly planning to form a deeper ...
Tags: server players, server market