Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
Sika achieved "highly dynamic growth" in the first quarter of 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF ...
Fujitsu has partnered with Global Mobility Service (GMS) to trial electric tricycles, a three-wheel taxi, in the Philippines. Fujitsu said that the collaboration with GMS will accelerate use of electric tricycles in the Philippines ...
Tags: Fujitsu, Global Mobility Service, Trial Electric Tricycles
Yarn spinning is rapidly expanding in South and Southeast Asia and is expected to continue on the same lines in near future, according to the latest report on ‘Cotton: World Market and Trends’ released by the US department of ...
Tags: Yarn Spinning, Cotton
At the CSTPF Show, which begins from April 14-16, 2015 in Shanghai, Kornit Digital will show two high-productivity printing systems: the 6 colour plus white Avalanche Hexa and the Kornit Storm II. In a press release, Kornit said it will ...
Tags: Kornit Digital, CSTPF Show, high-productivity printing systems
With the rise of the Chinese middle class, the nation's cruise market will continue to grow, and is expected to become the Asia's largest market by 2020, industry sources said. Data recently released by the Cruise Lines International ...
Tags: Cruise market, Cruise ships
There is neither doubt nor dispute that the last financial year tested the grit and resourcefulness of the packaging industry. Tetra Pak achieved a 1.7% in sales nonetheless. Tetra Pak’s ‘challenging year’, the ...
Tags: Tetra Pak, packaging industry
Specialty chemicals producer Clariant is opening a new desiccant manufacturing plant at its facility in Zhengjiang, China. The new facility will produce Clariant's line of Container Dri II products alongside a full range of desiccant ...
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer
IBM has signed a multimillion-dollar agreement with Coca-Cola Amatil (CCA) to move its Asia Pacific customer planning and relationship management systems to the IBM Cloud. Hosting the workloads in IBM’s two SoftLayer cloud centres in ...
Tags: IBM, Coca-Cola Amatil, IBM Cloud
Axalta Coating Systems launches Imron Hydro and Imron Elite in China. The two products are part of the Imron family of coatings that are designed to help commercial vehicle manufacturers and operators meet productivity goals and ...
Flexible packaging producer Ampac has launched a commercial stand-up pouch using the QuickZip closure that features the Aplix fastener system. An alternative closure to the conventional press-to-close zipper, QuickZip uses a zipper ...
Tags: Flexible packaging, Ampac, QuickZip
Renault-Nissan Alliance and Daimler have agreed to extend their partnership to develop a pickup truck for Mercedes-Benz, which recently forayed into the segment. The Mercedes-Benz 1-ton pickup truck is said to share certain features ...
Tags: Pickup Truck, Mercedes-Benz
Asia’s largest international flooring show gathered the industry in the heart of one of the most attractive markets – China – on March 24-26, 2015 and statistics tell a successful story. A total of 1,275 ...
Tags: flooring show, DOMOTEX asia, CHINAFLOOR 2015
Textile Exchange (TE), a US-based international non-profit organisation committed to a more sustainable textile industry, has recently announced the release of an online tool for the textile industry that measures the environmental, ...
Tags: Textile Exchange, sustainable textile industry, organic cotton