Canada's Methanex is "making solid progress" on its plans to increase its global methanol production capacity by up to 1 million mt/year by the end of this year, CEO John Floren said in a statement late Wednesday. In New Zealand, the ...
Tags: Methanex, Methanol Capacity
Earnings trend underscores significant progress in corporate reorganization Revenue share of semiconductor-based products above 30 percent for the first time Osram raises earnings outlook slightly for current fiscal year Osram showed ...
Russian steelmaker MMK's Turkey-based subsidiary MMK Metalurji has announced that its offer of a 10 percent increase in wages notified to Turkish labor union Çelik-İş has expired as of August 2. After the labor union ...
Tags: steelmaker, MMK
DuPont Pioneer, a unit of US-based chemical firm DuPont, has acquired 80% stake in Pannar, a South African seed firm. Pannar Seed, which has operations throughout Africa and across the world, offers seeds of maize, sunflower, soybeans, ...
Tags: DuPont Pioneer, chemical firm
Danish food ingredients firm Chr. Hansen has completed the acquisition of remaining 50% stake in its Turkish subsidiary, Peyma Chr-Hansen, for an undisclosed amount. According to Chr. Hansen, Turkey is strategically an important market ...
Tags: Chr.Hansen, Turkish Subsidiary
Banco Mare Nostrum (BMN) sold its 18.34 % stake in the Spanish speciality paper producer Miquel y Costas for €48.2m at the end of June 2013. Spanish media reports indicated that BMN had to part ways with its shareholding because the ...
Tags: Construction, paper
Fox Factory Holding released more details on its planned IPO Tuesday, but it still has not set a date for the auction.? The company plans to offer 2,857,143 shares of common stock, and its current stockholders will offer up an additional ...
Tags: Transportation
The Zumtobel group has bought the remaining shares in its joint venture Thorn Lighting Tianjin and plans to expand the business to cater for all outdoor lighting applications. Zumtobel previously held a 70 per cent stake in the joint ...
Tags: Outdoor Lighting, Lights, Lighting
After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
Toyota Motor Corp., Nissan Motor Co. Ltd., Honda Motor Co. Ltd. and Mitsubishi Motors Corp. jointly announced their agreement to work together to promote the installation of chargers for electric-powered vehicles (PHVs, PHEVs and EVs a.k.a. ...
Tags: Toyota Motor, EV Charging Network
Suzuki and Volkswagen are reportedly considering reviving their short-lived and ill-fated partnership to end a two-year legal stoush. Bloomberg reports Suzuki president Osamu Suzuki and Volkswagen chairman Ferdinand Piech are attempting ...
Tags: Suzuki, Volkswagen, Transportation
PPG Industries has reached an agreement to sell 51% interest in Transitions Optical to Essilor International for $1.73bn. This deal has an enterprise value of approximately $3.4bn, of which PPG will receive cash of $1.73bn before tax or ...
Tags: PPG Industries, Medicine
The largest Taiwan-based LED packaging house Everlight Electronics, face with price-cut competition from international LED lighting vendors, will follow suit without limits, according to company chairman Robert Yeh. LED lighting prices ...
Tags: Everlight, LED Lighting Prices
The next-generation Aston Martin sports cars will be powered by new V8s based on engines from Mercedes-Benz performance division AMG. British brand Aston and Mercedes-Benz parent company Daimler have confirmed their intention to form a ...
Koenig & Bauer (KBA) has announced the acquisition of over 85% of screen printing machines supplier Kammann Maschinenbau in Bad Oeynhausen, Germany for an undisclosed value. The previous Munich-based majority shareholder, a private equity ...
Tags: Printing Machines, KBA