For the first quarter ended March 31, 2105, NYSE listed Westlake Chemical Partners (WLKP) reported net income of $8.5 million, or $0.31 per limited partner unit. In a press release, WLKP said it achieved a MLP distributable cash flow ...
Tags: ethylene production, ethylene
Whole Foods is planning to open a new chain of stores. The company is building a team to focus exclusively on the new concept and that it's already negotiating leases. Stores are expected to start opening next year, followed by a "fairly ...
Tags: Whole Foods, new stores
Fast-food giant McDonald's Corp. said it would close about 350 restaurants due to the falling sales in Q1. Sales in the Asia-Pacific and Middle East region dropped 8.3 percent, helping bring overall global sales down 2.3 percent, ...
Tags: McDonald's, Fast-food
Kellogg Company will expand its cereal production plant in Belleville, Canada to cater to increasing consumer demand. The expansion will begin this summer, with the expanded facility to open by mid-2016. This is expected to create ...
Tags: Kellogg, Cereal Production Plant
US-based establishment Goya Foods has opened new sustainable corporate headquarters in New Jersey, as part of a $500m global expansion. The new center houses 600,000ft2 warehouse for distribution and 42,000ft2 corporate office space. ...
Tags: Goya Foods, Food
A new official report has highlighted China's mounting economic challenges, including how to boost exports, amid the slow recovery of the global economy and some countries resorting to currency depreciation. "The world economy is growing ...
General Motors (GM) has confirmed plans to invest $5.4bn at its manufacturing and assembly plants in the US in the next three years, to strengthen its production capabilities and enhance product quality. The proposed investment will be ...
Tags: General Motors, enhancing tools
Ethiopia based Awassa Textile will undertake an expansion project under which it will double its production through an investment of Birr 168 million. According to a leading Ethiopian daily, to undertake the expansion, Awassa Textile ...
Tags: Awassa Textile, textiles
The slow recovery of the global PV market continues into the second quarter. Jason Huang, research manager for EnergyTrend, a division of TrendForce, said the market on the whole is showing positive signs even though prices along the supply ...
Tags: PV market, Solar Cell
North East Lincolnshire-based Ultimate Packaging is remodelling its food standard factory and investing around £4m to install two additional Bobst F&K 20SIX flexo presses for increasing production capacity and flexibility. The ...
Tags: Ultimate Packaging, Packaging
Many economists are saying that the U.S. will once again be the driving force behind world growth in 2015 as the dollar growth. The U.S. economy saw an annual expansion rate of 5 percent in the third quarter of 2014, according to government ...
Tags: dollar growth, Sronger Dollar
Central Indiana-based small-batch artisan distiller Hotel Tango will be using Owens-Illinois’s (O-I) new Forte bottle for packaging its military-inspired spirits. The bottles are a part of O-I's Covet Classics collection of luxury ...
Tags: Hotel Tango, O-I Forte Bottles
Firm has signed with distributors across the US and Australia, and through Europe in France, Italy, Finland and Romania. Scootaheadz has secured a number of significant new global distribution deals as the team continues its plans for ...
Tags: Scootaheadz, Global Distribution, Toys
Kona Brewing Company has announced plans to invest $15mn for expansion of its brewery operations in Hawaii, US. The expansion plans include construction of a new 30,000ft2 brewery that would boost Kona's annual brewing capacity to ...
Tags: Kona Brewing, brewery operations