German automaker Daimler will build a new production plant in Iracemápolis, Sao Paulo, Brazil, to manufacture Mercedes-Benz cars for the local market. The company has signed a framework contract with Brazilian President Dilma ...
Tags: Daimler, Mercedes-Benz
German autoparts maker Continental is set to invest EUR40m at its tire manufacturing plant in Korbach, Hesse, Germany by 2018. This new investment will be used for the production of 19- to 22-inch tires for passenger trucks and light ...
Tags: Continental, Truck Tire
German carmaker Volkswagen Group is planning to invest BRL520m ($235.5m) to set up a a new production plant in Parana, Brazil, to initiate the assembly of its newest Golf model. The company has commenced the construction and the plant is ...
Tags: Volkswagen, German carmaker
Sherpa Capital, a leading Spanish investment group specializing in solutions, has signed an agreement with Spanish textile firm Dogi International Fabrics, in order to capitalize the company. According to a statement issued by Sherpa ...
Tags: Sherpa Capital, Textile Firm
US-based natural beverage firm Crystal Geyser Water (CGWC) has acquired a bottling facility located on 266 acres in Mount Shasta, California. With its new 145,000ft2 bottling facility, the company will be able to meet the rising demands ...
Tags: Crystal Geyser, Bottling Facility
Barry Callebaut has inaugurated a new CHF16m ($17m) chocolate facility in Eskiehir, Turkey, to further expand into the country's fast-growing chocolate market and strengthen presence in the EEMEA region. The facility has an initial ...
South Korean LCD panel giant LG Display Co., Ltd. will strength the cooperation with major Chinese TV makers in a bid to raise both shipment and market share of LCD panels with 4K ultra-high definition display technology. A top executive ...
Fitesa, Simpsonville, S.C. — a designer and manufactuer of nonwoven fabrics for hygiene applications — has partnered with thermoplastic resins producer Braskem S.A., Brazil, and Ingeo? lactides and biopolymers developer ...
Tags: Textile
Reportedly, the Indian steelmaker Rashtriya Ispat Nigam Ltd. (RINL) has commissioned Siemens Metals Technologies to modernize the blast furnace (BF) No. 2 at Visakhapatnam Steel Plant (Vizag Steel), in order to increase the annual ...
Tags: Construction, Decoration
Through nearly three years' unremitting independent research and development by the heavy plate production, marketing and research group of Baosteel, Baosteel 80kg grade easy-welding high-strength steel realizes no-preheating welding and ...
Tags: Metallurgy, Mineral, Energy
The world's largest enterprise Guardian came out at full capacity - 900 tons of glass per day. Reported by AIR Rostov region. Recall, on September 6 in the Rostov region officially launched production plant energy efficient glass. In ...
Tags: Guardian Glass, Construction Glass
Oil Markets are currently balanced and inventories are at excellent levels, but the geopolitical situation is having an impact on prices, Saudi Oil Minister Ali al-Naimi said Tuesday. "The market is in a very good position, supplies are ...
Tags: Oil Markets, Syria crisis
AkzoNobel has announced plans to invest a total of more than €50 million in China to build new manufacturing facilities for its Powder Coatings and Decorative Paints businesses, adding further momentum to the company's strategic growth ...
Tags: AkzoNobel, Powder Coatings
After years of oversupply, the supply and demand for solar devices is returning to a state of balance. Because of this, IMS Research is reiterating its forecast that global capital spending by producers of photovoltaic (PV) modules, cells, ...
Rocky Mountain Pie (RMP), a US-based bakery products manufacturer, has expanded production capacity of its seasonal and holiday pies to cater to the increasing product demand. The company anticipates that October through December will ...