PPG Industries, Inc. announced it has reached an agreement to divest its 51 percent interest in Transitions Optical to Essilor International, which currently holds a 49 percent interest in the venture. Transitions Optical is a global ...
Tags: PPG, Construction
Columbus, Ohio-based Worthington Industries announced Wednesday that it closed on an agreement with Wuhan Iron and Steel Company (WISCO) to become the majority member in Tailor Welded Blanks (TWB), its laser welded blanking joint venture. ...
Tags: Worthington, Thyssenkrupp
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 ...
Calgary, Alberta-based TransCanada said Thursday that it will move forward with the 1.1 million barrel per day (bbl/d) Energy East Pipeline project based on binding, long-term contracts received from producers and refiners. The conclusion ...
Tags: Crude Oil Pipeline, Mineral
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
Atlas Copco has appointed Johan Halling as President of the Mining and Rock Excavation Technique business area and member of Group Management, effective August 1, 2013. Johan Halling is since 2002 President of Atlas Copco?s Rock Drilling ...
VE Commercial Vehicles (VCEV), a joint venture between Swedish automaker Volvo and Indian firm Eicher Motors has commenced production at its new engine manufacturing plant at Pithampur, Madhya Pradesh, India. Set up with an investment of ...
Tags: Volvo Eicher, Engine Plant
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded a project management and consultancy (PMC) services contract by the Nghi Son Refinery and Petrochemical Limited Liability ...
Tags: Petrochemical Plant, Foster Bags
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
Veeco Instruments has characterized a marginally improving market for its MOCVD reactors used in LED manufacturing, along with details of new orders from Sanan Optoelectronics and KaiStar Lighting. Veeco Instruments has released limited ...
Tags: Electrical, Electronics, Lights, Lighting
International chemical group Solvay announces results for the second quarter & first half year for 2013. Q2 Highlights - Group net sales down (4) % YoY at € 3,062 m, with volumes (1)%, prices (2)% and forex (1)% - REBITDA at ...
Tags: Chemical Group, Solvay
US-based Archer Daniels Midland (ADM) has entered into a 81-20 Grain Terminal joint venture with Central Valley Ag Cooperative (CVA) to establish a bushel shuttle loader grain elevator near Randolph, Nebraska. The elevator will source ...
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that in second-quarter 2013 it received an KaiStar Lighting Co Ltd. Order for multiple TurboDisc MaxBright M metal-organic chemical vapor ...
Tags: Kaistar, LED Manufacturing Ramp
On July 29, Veeco announced that KaiStar Lighting Co., Ltd., a China-based joint venture between Epistar Corporation and Shenzhen Kaifa Technology Co., Ltd., ordered multiple TurboDisc MaxBright M MOCVD Systems in the second quarter of ...
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