Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
Worldwide demand for camera lens shipments, including kit and standalone (aftermarket) lenses reached 22.2 million units in 2014, which represented an annual drop of 13%, according to Futuresource Consulting. The value performance was ...
Tags: Camera Lens, Camera
In 2014 the Queensland Department of Industry announced the launch of the new 'Industry Skills Fund'. Commencing from 19 January 2015, the $476 million 'Industry Skills Fund' assists Australian businesses to invest in training and support ...
Tags: Logistics
Swiss chocolate maker Barry Callebaut has agreed to acquire industrial chocolate manufacturing assets from US-based World's Finest Chocolate. Both the companies have signed a new long-term outsourcing agreement to this effect. As per ...
Tags: industrial chocolate, Food
Crown Paints has announced its entry into Rwanda with the establishment of an ultra-modern paint showroom in Kigali and a five year plan to invest about $2.5 million in the country. Rwanda now becomes the third country to host Crown ...
Tags: Paint Factory, Crown Paints
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
China will have more robots operating in its production plants by 2017 than any other country as it cranks up automation of its car and electronics factories, the International Federation of Robotics (IFR) said on Thursday. Already the ...
General Motors along with its Chinese venture SAIC Motor is planning to establish its manufacturing operations in Indonesia in an attempt to take advantage of vehicle demand in the country. SAIC Motor is a joint venture between GM China, ...
Tags: General Motors, SAIC Motor
Unlike slow and steady batteries, supercapacitorsUnconventional internal design yields a larger capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference exists ...
Tags: Supercapacitors, Vehicle Fuel
For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
Skoda has announced that the company has ramped up production capacity at its Mladá Boleslav plant in Czech Republic. The manufacturing capacities for Skoda Fabia, Fabia Combi (estate), and Skoda Rapid Spaceback has been increased ...
Tags: Skoda, Mlada Boleslav Plant
The Government of Ireland, along with industry partners, will invest €35m in the construction of a new dairy facility in the University of Limerick and the expansion of Teagasc’s Moorepark Technology in Fermoy, Cork. This is ...
Tags: Dairy Processing, Dairy
The share of cotton from more sustainable sources used by furniture and home furnishings retailer, Ikea in its products reached 76 per cent and is on track to reach its goal of 100 per cent by August 2015. Sweden based Ikea Group released ...
Tags: Sustainable Cotton, Ikea Products
This includes new machinery in the Pack and Paper divisions comprising of a conversion machine that can return high-quality five colour cases in one pass. Following the addition of inter-unit driers Saica has the capability to manufacture ...
Blue River Dairy, a sheep milk powder producer in New Zealand, has divested its sheep milk processing plant in Invercargill to Blueriver Nutrition HK. The financial terms of the transaction, which has become effective 1 February, have ...
Tags: Sheep Milk, Blue River Dairy, milk powder