IFC, a member of the World Bank Group, is providing a $15 million loan to dairy company Parag Milk Foods for expanding its milk processing facilities, to enhance dairy farm productivity and boost incomes in rural India. With IFC's ...
Tags: Dairy Farmers, Parag
The Federal Government of Pakistan’s decision to ensure gas supply of 100 million cubic feet per day (mmcfd) to the textile industry in Punjab would ensure continuation of work for around 3 million textile workers, said All Pakistan ...
Tags: Gas Supply, Textile
Goodyear Tire & Rubber Co.announced two changes to its company finance leadership team that will be effective The company's board of directors has elected Scott Honnold, currently vice president and treasurer, to the role of vice ...
Tags: Goodyear, tyre, tire, Auto Parts
The Australian Packaging Covenant (APC) has finished the year on a high note, with its 2013 annual report revealing strong progress in all its major activities and putting it on track to meet its strategic targets for 2015. APC chief ...
Asset management of ageing switchgear equipment continues to be a thorny issue for both utility companies and industry. For utilities, with Ofgem's updated 'RIIO-ED1' price control regime due in 2015, transmission and distribution network ...
Tags: ageing switchgear equipment, utility companies and industry
When it comes to being true leaders and recognizing the value and importance of "giving back," the two most recent inductees to the World Floor Covering Association (WFCA) Hall of Fame had little competition. It's not often that industry ...
Tags: Construction, Decoration
Following the Prime Minister (PM) of Pakistan Nawaz Sharif’s decision to provide additional gas supply to the industrial sector, the Economic Coordination Committee (ECC) of the cabinet has approved the PM’s directive for ...
Tags: Textile Units, Textile
CLG Energy Finance, LLC, an affiliate of Beal Bank focused on financing opportunities in the energy industry, announces the closing of a $120 million financing with Duer Wagner Oil & Gas III, LP, a Dallas-based E&P company focused ...
Tags: CLG Energy Finance, Duer Wagner Oil&Gas III, oil and gas properties
Coats plc, the world’s leading industrial thread and consumer textile crafts business, has appointed Ruth Anderson as Non-Executive Director, effective 2 January 2014. Ruth is currently Non-Executive Director and Chair of the Audit ...
Tags: industrial thread, textile crafts
China will re-introduce an import tax on diesel -- at 1% -- from January 1, 2014, following approval from the State Council, the country's Ministry of Finance said Monday. No reason was given for the change. Diesel had been exempt from ...
Tags: Diesel Tax, Mineral
China's Ministry of Finance said Monday the country's export tax on indium will be lowered to 2% in 2014 from the current 5%. The cut follows years of lobbying by Chinese producers, who claim the tax has encouraged smuggling. China ...
Tags: Indium Export, Metallurgy
The traditionally low-cost pasture-based dairying regions, such as Australia, have lost their cost advantage as input prices have risen, and now compete on the global market with a similar cost of production to producers with more intensive ...
Tags: Milk, Agriculture, Food
Given the fast growing market demand for viscose staple fibre (VSF), a man-made, biodegradable fibre with characteristics akin to cotton, Hong Kong-listed specialty cellulose producer Sateria is trying to put the VSF fabric production ahead ...
Tags: VSF fabric, Textile
China’s Ministry of Finance has announced the sliding-scale tariff plan for import of cotton in 2014. The tariff, applicable for cotton imports excluded from volume under import quotas, is as follows: a. If the cotton import ...
Data from Japan’s finance ministry showed that Japanese economy increased 0.3% in Q3, 0.5% lower than expexted. The country's economy grew with an 11% annualized rate. And for this, Japanese government takes measures to expand ...
Tags: Japanese economy