China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...
Tags: consumer price index, CPI
Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...
Tags: Commodity Imports, raw materials
Ford has announced that it has nearly completed the final part of a $2.6bn investment at its manufacturing operations in Valencia, Spain. With the investment, the company aims to create one of the world's most advanced and flexible ...
Tags: Ford, Spanish Facility
Salamtex, a textile manufacturing company in Egypt, has created a groundbreaking anti-microbial textile named ‘Guard Textiles’ providing protection against the transmission of infection in health care facilities, according to ...
Tags: Anti-Microbial Fabric, textile
International Flavors & Fragrances has opened a new facility in Chicago city, in the US state of Illinois. With a culinary center and an advanced application and flavor creation laboratories, the facility will offer flavors which will ...
Tags: fragrances, Flavors
Porsche Cars North America named Michelin the official tire partner of its new Porsche Experience Centers which are slated to open this year in Atlanta and then later inLos Angeles. The centers will allow one-on-one instruction on unique ...
Tags: Porsche Cars, Tire
The Government of Ireland, along with industry partners, will invest €35m in the construction of a new dairy facility in the University of Limerick and the expansion of Teagasc’s Moorepark Technology in Fermoy, Cork. This is ...
Tags: Dairy Processing, Dairy
Food distributor Sysco has agreed to divest 11 US Foods distribution centers to Performance Food Group. The move is in line with Sysco's plans to win FTC approval for its proposed merger with US Foods announced in December 2013. The ...
Tags: Sysco, Performance Food Group
The self-sufficiency rate of LCD components and materials in China is currently only around 20% but is expected to rise, driven by subsidies from the China government to expand and construct new facilities for the panel industry's upstream ...
Tags: Panel Components, Panel Materials
This includes new machinery in the Pack and Paper divisions comprising of a conversion machine that can return high-quality five colour cases in one pass. Following the addition of inter-unit driers Saica has the capability to manufacture ...
H.B. Fuller Company has announced that it has finalized the previously announced purchase of Tonsan Adhesive, Inc., the largest independent engineering adhesives provider in China. With this acquisition, H.B. Fuller adds strong customer ...
Tags: H.B.Fuller, Tonsan Adhesive
Molycorp, Inc. has reported that rare earth production in the fourth quarter of 2014 at its Mountain Pass, California facility increased year-on-year and nearly doubled that of the preceding quarter. Mountain Pass completed Q4 of 2014 ...
Tags: Molycorp, Rare Earth Production
French investment firm Wendel has acquired the US-based plastics packaging company, CSP Technologies, for $360m. The Wendel Group has invested $198m for a 98% ownership in CSP, which is based in Auburn, Alabama. CSP, which has ...
UK-based Essentra has completed the acquisition of Clondalkin’s specialist packaging division (SPD) for $455m, paving way for opening up the US market to Essentra as well as boost its existing presence across Europe. Clondalkin ...
Tags: Essentra, packaging division
Packaging solutions provider Glenroy has agreed to acquire the pouch converting operations of PF Flexibles, formerly known as Pouch Converting Technologies. Based in Hartford, Wisconsin, PF Flexibles is a contract manufacturer of ...
Tags: liquids, military applications, chemicals, Agriculture