BASF and SINOPEC are considering the extension of their Nanjing joint venture BASF-YPC Company Limited with the expansion of existing ethylene oxide (EO) production, and a new plant for neopentylglycol (NPG). BASF-YPC will further expand ...
Artificial turf industry leader EasyTurf, Inc. has been selected by playground industry leader KOMPAN North America, Inc. to be the exclusive supplier of artificial grass for its nationwide playground construction projects. KOMPAN chose ...
American International Group (AIG) and People’s Insurance Company (Group) of China (PICC) and PICC Life Insurance have signed a joint venture (JV) agreement to set up an agency distribution company in China. The US insurer invested ...
Yahoo has bid between $600m (£397m) and $800m (£530m) for premium on-demand streaming video site Hulu, according to reports. There is a $200m range in the bid because Yahoo has proposed a number of different prices based on ...
Tags: Yahoo, Hulu, Computer Products
Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...
Tags: Saudi Aramco, Crude Output
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
Intel has confirmed that it has signed a definitive agreement to acquire certain assets of the Global Navigation Satellite System business of ST-Ericsson, extending its investments in positioning technology. The financial terms of the ...
Global pipe and tube producer Vallourec announced Tuesday that its various entities will be adopting a single brand and common identity: Vallourec. The company said that the move marks a new milestone in the group's history, which was ...
Honda Automobile's Chinese joint venture, Guangqi Honda Automobile (GHAC) has started the construction of a third production line in Guangzhou, Guangdong Province with an investment of CNY59.3bn ($581m). The new production line will ...
Tags: Honda Automobile, joint venture
Kuwait's government has accepted the resignation of the country's oil minister, Hani Hussein, the official KUNA news agency reported Monday. Sheikh Mohammed Abdulla, minister of state for cabinet affairs and for municipal affairs, issued ...
Tags: Kuwait, Oil, Hani Hussein
General Insurance Corporation (GIC Re), the Indian government owned sole reinsurer, is seriously considering expanding reinsurance business beyond domestic boundary through the acquisition of some Lloyd’s syndicates. Speaking at a ...
Tags: GIC Re Eyes, Service, Syndicates
New Chinese automotive brand Qoros has announced it will introduce a cloud-based infotainment service as standard equipment on all its future models. Dubbed 'QorosQloud', and developed in collaboration with Microsoft, the system allows ...
Tags: Auto Parts, Transportation
On May 23, Hong Kong-based Novo Group, a global steel trading, distribution, processing and manufacturing company, announced that its new joint venture with Tianjin Bohai Light Industrial Co. named Novo Steel Development (Tianjin) Co. has ...
Tags: China, Southeast Asia, investments, steelmaking, Shanghai
Singapore-based medical devices manufacturer Biosensors International has completed the acquisition of substantially all assets of Spectrum Dynamics, a provider of avanced functional assessment technologies such as those used to evaluate ...
Seven Seas Water Corporation has named Claudio Baldovino as president, South America. Claudio Baldovino joins Seven Seas Water as president, South America and a member of the Company’s Executive Committee. He comes to Seven Seas ...