Henkel successfully completed the refinancing and amendment of two credit facilities with a total amount of 1,500 million euros. The transaction includes the replacement of the company's 700 million euros revolving credit facility with a ...
Tags: Henkel, refinancing, credit facilities
After a sharp downturn following the 2008 financial crisis, growth in coatings demand in the Gulf region of the Middle East is now surging forward again. This recovery was symbolized in late November by the announcement that Dubai, which ...
Tags: Middle East, construction, coatings market
The North American Crop Protection Division of BASF announced today that the company will make an end-of-year donation of $50,000 to hunger relief programs. The donation is split between a $25,000 gift to the Food Bank of Central & Eastern ...
Tags: hunger relief, food
China's yuan has overtaken the euro to become the second most-used currency in international trade finance. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said the market share of the yuan, also known as the ...
Taiwan's first yuan debt offerings by four big mainland banks have been snapped up, opening the floodgates for up to 60 billion yuan (HK$76.5 billion) of fundraising as Beijing looks to strengthen the island's role in the drive to ...
Tags: Taiwan, RMB, Offshore Yuan Market
NET Midstream ("NET" or the "Company") today announced that its affiliate, NET Mexico Pipeline Partners, LLC. ("NET Mexico"), has closed a $665 MM Project Financing with a syndicate of lenders, led by the Mitsubishi UFJ Financial Group ...
Tags: Metallurgy, Mineral, Energy
Bangladeshi apparel firm Standard Group has secured US$ 50 million low-coast loan from the Bangladesh Bank (BB) and other commercial banks in order to resume production at its fire-ravaged factory. The decision was announced by BB ...
Tags: Fire-Stricken, Apparel
Bank of China and three other mainland banks on Tuesday issued yuan bonds worth RMB6.7b in Taiwan, a move that could give a boost to Taiwan's offshore yuan market. So far the yuan deposits in Taiwan have reached more than RMB120b. ...
Tags: taiwan, economy, Offshore Yuan Market
A long-running spat between Changqing oil field and Yulin government in Northwest China's Shaanxi Province has moved a step closer to being resolved after 21 of the oil and gas producer's 22 bank accounts were unfrozen. A Yulin government ...
Tags: Eco-Compensation, Oil Producer
Prepare the fireworks and parade, we have an announcement to make regarding the reliability and quality of our Privacy and Solar switchable glass products! A claim often mentioned in our industry is that the technology involved in ...
Tags: Switchable Glass, Glass, New Glass Product
China's acceleration of exports and slowdown of imports in November left the country with its largest trade surplus in more than four years. The improvement of overseas demand increased China's chances of securing an 8 percent trade ...
Tags: trade surplus, China, export, import
Las Vegas appears to have a winner when it comes to hyper-specific themes. The Cosmopolitan Las Vegas has opened a concert venue intended to evoke a 1930s-era theatre dropped into an Eastern European glass factory. The Strip's newest ...
Tags: glass, theatre, decoration
Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
German industrial output fell for a second consecutive month in October, sending a sign of weak recovery from Europe's largest economy, official data showed on Monday. In calendar and seasonally-adjusted terms, industrial output dropped ...
The U.S. Green Building Council (USGBC) has released the third and final installment of its LEED in Motion report series: Impacts and Innovation. The report details key impact areas and results of the thousands of projects that are ...
Tags: USGBC, LEED, green building