The Pakistan textile exporting industry has received a bonanza from the government in the form of a duty drawback on customs duty paid on import of raw materials used in manufacture of textile products meant for export. Through a ...
Tags: Pakistan Textile, Import, Textile
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Small & Medium Enterprises (SMEs) of China have inked five MoUs in different sectors, including textiles and machines for garment industry, to promote and help the ...
Cooper Tire and Rubber Co. reports the fair market value for its Chinese plant to be US $440 million at the current exchange rate. The valuation of Cooper Chengshan (Shandong) Tire Company Ltd. (CCT) was completed by an independent firm ...
Tags: Cooper Tire, plant, Auto Parts
Pakistan Yan Merchants Association (PYMA) has asked the Government of Pakistan to immediately increase the supply of energy for the textile industry. Speaking to reporters, PYMA Chairman Abaidullah Sheikh said he has requested the ...
Tags: PYMA, textile industry, Textile
Nigerian President Goodluck Jonathan performed the groundbreaking ceremony for the construction of a methanol plant in Ibom State last week. The methanol plant, to be constructed at a cost of US$ 1.5 billion, is being set up by Quantum ...
Tags: The Methanol Plant, Quantum Petrochemical Company, Textile
Offers for Chinese domestic spot aluminum alloy ADC12 rebounded Tuesday, mainly on higher primary aluminum ingot prices despite no significant change in physical buying interest during the current summer lull, industry sources said. ...
Tags: Aluminum Alloy, Mineral
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter growth of 26.7 percent in its sales revenues in the second quarter of the current year, ...
Tags: MMK, Growth, Metallurgy
As it prepares for its $43 billion merger with Medtronic, Covidien has purchased a small California medtech company. The price was not disclosed. Privately held Reverse Medical Corp. (Irvine, CA) makes devices to manage acute stroke and ...
Tags: Covidien, Medtech Company, Health
Axalta Coating Systems Ltd. (“Axalta”) has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common shares. Axalta is a leading global ...
Tags: Axalta Coating Systems, Registration Statement, Auto Parts
The surgeA transient variation in the current and/or potential at a point in the circuit. in the U.S. trade deficit in manufactures in the second quarter of 2014 and the increase in the Chinese trade surplus shows the countries have resumed ...
Tags: US, China, Electrical
Diamond Estates Wines & Spirits today announced its results for the quarter ending June 30, 2014 ("Q1 2015"). Sales for Q1 2015 were $5,166,577 compared to $5,972,682 for the quarter ended June 30, 2013 (Q1 2014"), representing a decline ...
Taiwan and China’s LED markets have been affected by market rumors this morning of rising LED tariffs in China, with Chinese manufacturers in general reaping in profits, while neighboriing Taiwan manufacturers saw stock prices drop. ...
Tags: LED markets, LED Bulb
Indian drug major Dr Reddy’s laboratories is under the scanner of the US Department of Justice following a complaint related to the violation of child resistant packaging regulations. The complaint was filed under the federal false ...
Tags: Dr Reddy's, Violations, Packaging
Axalta Coating Systems Ltd. has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common shares. Axalta is a leading global manufacturer, marketer and ...
Tags: Construction, Decoration, Coating
Billions of dollars are flowing into Hong Kong's Yuan-denominated exchange-traded funds as offshore investors rally behind China's undervalued stocks, Reuters reported, citing data from researcher Morningstar. As a scheme to allow more ...