Tesco, the UK's biggest retailer, is looking to build a joint venture in China in a bid to cut back capital expenditure amid global expansion, said people in the know. A formation of a joint venture in China will not only help cut ...
Tags: Tesco, retailer, joint venture
Chery Automobile May 23 signed a cooperation agreement with the Badminton World Federation in Malaysia, becoming a strategic partner with the federation. Chery also showed that it will build a complete car CKD assembly plant in ...
Tags: Chery Automobile, auto dealer
INEOS Nitriles and Tianjin Bohai Chemical Industry Group Corporation have signed a non binding Heads of Terms, setting out their intention to establish a 50/50 Joint Venture, to build and operate a world scale Acrylonitrile plant to be ...
Tags: Textile
Royal Dutch Philips Electronics Ltd. is scheduled to see a LED lightening application center run into formal operation in Chengdu, capital of Sichuan Province, this September. Frans van Houten, CEO of it, said in an interview recently ...
West Chester, Ohio-based AK Steel announced Monday that Magnetation LLC, its joint venture with Magnetation, Inc., has successfully completed a $325 million senior secured note offering and has entered into a $50 million senior secured ...
Tags: AK Steel, Iron Ore, Magnetation
On May 20, Hong Kong-based Novo Group announced that the output of its tin-coated steel sheet production project in China's Jiangsu Province has reached 15,000 mt since production began in December 2012 up to April 30 this year. In ...
Tags: Novo Group, Tinplate Project
The Cheswick, Pa.-based reinforcements supplier's 50 percent share in the Shelby, N.C.-based joint venture, a glass fiber weaving operation that serves the wind energy industry, goes to Hexagon Devold (Langevåg, Norway). PPG Fiber ...
Tags: PPG Fiber Glass, Construction
Nissan Motor and Mitsubishi Motors have started production of a jointly developed minicar model at Mitsubishi’s Mizushima plant in Okayama, Japan. The new model has been developed in a joint venture called NMKV which they will start ...
Tags: Nissan Motor, Mitsubishi, Minicar Model
Jolla, the smartphone start-up established by "refugees" from Nokia, has demonstrated its first reference design, with new devices being released to the public by the end of the year. Although the company is focused on developing the ...
Tags: Smartphone, Apple, Android, Computer Products
The largest drinking water purification plant in Europe to feature GE’s ZeeWeed 500 advanced water treatment technology is under construction in Ravenna, Italy. Located on the east coast of Italy, close to the Adriatic Sea and part ...
MEGlobal set its June North American Benchmark price for monoethylene glycol at 63 cents/lb, a rollover from May, a company source said Friday. Market players said Friday there was also talk that other US producers could keep prices flat ...
Tags: MEGlobal, MEG Benchmark
COFCO, the state-owned food company in China, has signed an agreement with Danone, under which the two parties will establish a joint venture. As part of the agreement, COFCO will sell 148,014,022 shares in China Mengniu to the ...
Tags: COFCO, Danone, Dairy Products
Glanbia Ingredients Ireland (GIIL) has broken ground on a EUR150m dairy processing facility at Belview Port, Kilkenny, Ireland. The ground breaking ceremony was attended by Minister for the Environment Phil Hogan, Glanbia chairman Liam ...
Tags: Glanbia, Dairy Processing Facility
Venezuela and China have agreed on the terms of a previously announced $4 billion financing deal to increase the output of their Sinovensa joint venture in Venezuela's Orinoco oil belt, the South American country's oil minister said late ...
Tags: Oil, Metallurgy, Mineral, Energy
Apart from gradually replacing traditional lighting, LED lighting is targeting the high-end market with more value-added products. In addition, commercialization of OLED lighting has also started. LED lighting prices were four times as ...
Tags: LED Lighting, Lighting