BASF broke ground on a new Innovation Campus in Navi Mumbai, India. The company will invest approximately €50 million via BASF Chemicals India Private Limited, a wholly owned subsidiary of BASF SE. The facility will accommodate around ...
Tags: BASF, Innovation Campus, Construction
BASF turns 150 in 2015. The company announced its anniversary program in an international press conference held in Ludwigshafen. In addition to celebrations and a historical retrospective, BASF has prepared a global co-creation program with ...
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
Eastman Chemical Company announced the completion of its acquisition of Taminco Corporation, a global specialty chemical company, for a total of $2.8 billion in cash and assumed debt. The acquired Taminco businesses are expected to be ...
Tags: cash debt, charges, Construction
India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned subsidiary), have signed definitive agreements for setting up a joint venture (JV) in textiles, ...
Tags: joint venture, Textile
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
Niagara Ventures has completed the previously announced acquisition of all of the issued and outstanding common shares of Blu-Dot Beverage Company. As a result of the Transaction, Blu-Dot became a wholly-owned subsidiary of NVC. The ...
Tags: Beverage, Agriculture
Tire maker MRF is planning to increase the production capacity at eight of its manufacturing facilities across India which is part of its capital expenditure plan. The company is planning to invest around Rs 4,000 crore ($64 m) over the ...
Tags: manufacturing facilities, Auto
Alliant Techsystems Inc.'s (ATK) plans to spin-off Bushnell and a dozen firearms brands to shareholders as a separate publicly traded company called Vista Outdoor Inc. took a step closer to reality Friday morning when the U.S. Department ...
Tags: Feds, firearms, Sporting Goods
United Natural Foods reported financial results for the first quarter of fiscal 2015 ended November 1, 2014. First Quarter Fiscal 2015 Highlights Net sales increased 24.4% to $1.99 billion compared to $1.60 billion for the same period ...
Tags: Natural Foods, Agriculture
The quotations for the CIF Bremen Cotton Index fluctuated within a small range in the current week, compared to the previous week. The corresponding prices in Euro experienced only a marginal change as well, while the US dollar remained ...
US based apparel marketer and NYSE listed, PVH Corp said its earnings per share for the third fiscal quarter ended November 2, 2014 rose in double digits from the prior year quarter. On a non-GAAP basis, PVH which has marquee fashion ...
Tags: Calvin Klein, Apparel
China will focus on boosting economic growth quality and efficiency in 2015 and stick to the theme of seeking progress while maintaining stability, according to a high-level meeting of the Communist Party of China (CPC) on Friday. China ...
Tags: economic growth, CPC
Seoul City Hall in South Korea. Andrew Hudson and Viv Lister Australian exporters are set to benefit from the KAFTA from as early as 12 December 2014, following a last-minute exchange of Diplomatic Notes between Australia and Korea, and ...
Tags: Trade Agreement, exporters, importers, Service
Zambian agri-business company Zambeef is in talks with a third party to divest edible oil and soya meal producers Zamanita Limited. The move follows the publication of a cautionary announcement regarding the transaction on the Lusaka ...
Tags: edible oil, soya meal, Agriculture