China is seriously planning to shift part of its $300 billion textile industry to Pakistan in the coming years, says a leading Pakistani newspaper. This was revealed by one of the Pakistani delegates after an official visit to China. ...
Tags: textile sector, Textile
Nestlé is all set to unveil more flavored versions of its sparkling waters, as part of its strategy to tap the growing consumer wariness toward both sugary and diet sodas. The Vevey-based beverge giant will release a green-apple ...
Tags: Nestle, Sparkling Water
Fiat Chrysler Automobiles plans to spend over €500m at its plant in Termoli, Italy, to produce two new engines for its planned Alfa Romeo cars. The first variant is an advanced 4-cylinder engine, while the other is a Ferrari-derived ...
Tags: Fiat Chrysler, Alfa Romeo, Car Engines
China panel makers estimate their TFT LCD production capacity could surpass that of Taiwan makers as early as 2017 to hold the global number two spot behind Korea, as they continue to invest in expansion coupled with conservative efforts ...
Tags: TFT LCD, tablet LCDs
Electric vehicles have been developing rapidly from the original hybrids, to parallel/serial and plug-in hybrids through the optimization of power drive designs. Since then, the industry has been able to develop all-electric models as the ...
Tags: Electric Vehicles, Global Trends, Audi
Renault-Nissan Alliance and Daimler have agreed to extend their partnership to develop a pickup truck for Mercedes-Benz, which recently forayed into the segment. The Mercedes-Benz 1-ton pickup truck is said to share certain features ...
Tags: Pickup Truck, Mercedes-Benz
Ashland Specialty Ingredients, a commercial unit of Ashland Inc., plans to invest approximately $89 million over the next three years to expand specialty chemical production at its manufacturing facility in Hopewell, Virginia. Virginia ...
Tags: Ashland Specialty Ingredients, chemical production, Construction
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
Ford along with its Chinese partner Chongqing Changan Automobile is planning to invest $1.08bn to buy a plant owned by Chinese automaker Harbin Hafei Automobile. Changan Ford Automobile, a joint venture between Ford and its Chinese ...
Patagonia, through its $20 Million & Change venture fund, announced a strategic investment in Beyond Surface Technologies, a chemical company focused on producing high-performance textile treatments based on natural raw materials. In its ...
Research facility plays key role in Finnish paper chemicals firm's sustainability plans At a temperature-controlled Kemira laboratory in Nanjing, capital of Jiangsu province, one can find lab workers and technicians huddled over consoles ...
'One Belt, One Road' initiatives offer hope to firms like Zoomlion amid stagnant sales in domestic market, reports Xu Wei. Plans by China's leaders to revive ancient intercontinental land routes and develop maritime links are being seen ...
Tags: Heavy Equipment, heavy machinery
Funded by Science Foundation Ireland (SFI), Invest Northern Ireland (InvestNI) and the US National Science Foundation (NSF) government agencies through the US-Ireland R&D Partnership program, over €1m has been awarded for the project ...
Dunelm Group plc has issued a trading update for the third quarter of its current financial year, comprising the 13-week period ending 28th March 2015. Total revenue grew by 10.7% to £216.2m. However, total like-for-like growth ...
Tags: Dunelm Group, Home Delivery sales, Furniture
Firma Holdings has acquired baked goods maker Sicilian Sun and its subsidiary Sicilian Sun Foods. The acquisition also involves Sicilian's two production facilities located in Alcamo and Catania on the island of Sicily in Italy. The ...
Tags: Sicilian Sun, Alcamo facility, Food