In August Quinn Glass started the implementation of new cold end equipment designed specifically to handle next generation Spirit containers. With taller profiles and higher centres of gravity, the traditional cold end equipment would not ...
Tags: Glass Invest, Quinn Glass, Glass, Decoration
Chinese search giant Baidu said it would invest more than US$1.6 billion to build a new cloud computing centre, as the company declared the mobile internet as a major focus of its next phase of growth. “In our next step, we must ...
Tags: Baidu, Cloud Computing Centre, Cloud Computing, mobile internet
The Gulf Cooperation Council region is estimated to have already invested around AED 17.3 billion into aluminium projects with member states collectively producing around 3.6 million tonnes of the commodity a year to account for almost 10% ...
Tags: Gulf Cooperation Council, aluminium project, aluminium output, aluminium
If you are driving a car produced in North America, the steel inside of it likely was made by Gerdau Special Steel North America. Headquartered in Napoleon Township, the steel mill at 3100 Brooklyn Road and the company's other special ...
Tags: steel systems, structural steel, buy steel pipe, steel beam
Aluminium production in the region is expected to surge to 9 million tonnes per year to account for between 15% and 17% of global output as investments in the sector climb to a projected USD 55 billion in 2022. The GCC is estimated to ...
Tags: aluminium production, robust platform, industry expertise
UK-based packaging firm Northern Paper Board has announced plans for a £2m plus investment and development program. The company has committed £500,000 to new automated machinery and technology over the next four months. ...
Italian carmaker Fiat will halt the production of cars at its Pomigliano plant for two weeks this autumn due to weak demand. Because of the weak demand, more European carmakers are trying take steps to cope up with five years of declining ...
Tags: Fiat, halt production, Pomigliano plant
Scotland-based Glen Scotia Distillery has selected Leeds-based Brand Britain to develop new packaging design for its Glen Scotia single malt whisky, as part of its major investment plans. Glen Scotia Distillery has redesigned the ...
Tags: Packaging Design, Whisky Brand, whisky
Thailand-based melamine producer Srithai Superware has announced plans to invest THB900m ($28m) in 2012, as part of its aim to expand its business. The company will spend THB550m ($17m) on installing new machines and molds for its plastic ...
Tags: Srithai, plan, investment
German carmaker BMW is planning to build a new assembly plant in Brazil, marking its entry into Latin America's luxury car market. BMW's move follows uncertainity after the Brazilian federal government begun imposing additional barriers ...
Tags: assembly plant, Brazil, BMW
It would take American retail major Walmart Stores a month or two to work-out plans for launching multi-brand retail stores in India, President of Walmart-India Raj Jain said while speaking to reporters in Hyderabad. However, he ...
Tags: Walmart, multi-brand retail stores, investment, FDI, Indian Government
Islamabad: Pakistan cut interest rates by a greater-than-forecast 1.5 percentage points, seeking to bolster faltering growth with the first reduction since 2011 after inflation slowed to a more than two-year low. The State Bank of Pakistan ...
Tags: market view, cement
BT today reported a 6% drop in overall revenues for the first quarter of 2012, blaming the economic downturn for its poor performance. Revenue fell from almost £4.8bn to £4.48bn compared with the same quarter last year, with ...
Tags: BT, long-troubled Global Services, financial services, European Economy
General director of Belarus'leading steel producer Byelorussian Steel Works(BMZ),Anatoly Savenok explained his company's abilities,investment plans and commented on the current and future market situation for SteelOrbis. What is BMZ's ...
Tags: Byelorussian Steel Works, SteelOrbis, Anatoly Savenok, steel market
SKF India net sales crosses INR 24 billion; FY11 revenues grow by 17% The Board of Directors of SKF India Limited, India's leading technology and solutions provider of bearings, seals and related products and services, today approved the ...
Tags: Market View, bearing