International packaging and paper group Mondi has commenced full production at its new industrial bags plant in Sulaimaniyah, northern Iraq. The greenfield project, in collaboration with local partner Kaso Group, is expected to ...
Tags: Mondi, Industrial Bags Plant
Attacknids has picked up The National Parenting Center's Seal of Approval. It's another award for Wow Stuff's Combat Creatures brand. "It's great to see Attacknids getting such an amazing response," commented Chris Hood, Marketing ...
Tags: Attacknids, Toys
The economic crisis years of 2008 to 2012 dealt a heavy blow on the Spanish textile and apparel sector, whose sales dipped 21 percent during the period, according to an Europa Press report. The report says that about 46,300 jobs were ...
Tags: Spanish Textile, Textile
France-based pipe manufacturer Vallourec has announced its financial results for the first quarter of 2013. According to Vallourec's report, in the first quarter this year the company registered a net profit of €35 million, ...
Tags: Vallourec, Improved Net Profit
Salesforce.com, the cloud-based customer relationship management service provider, is to open a new European data centre in the UK to support its fast expansion across the continent. The company claims that sales across Europe are ...
Tags: Salesforce, European Growth
According to data released by the Turkish Steel Exporters’ (CIB), Turkey exported 5.4 million tons of steel products in the first quarter of 2012, rising by 7.7% year on year. Meanwhile, the country’s export revenues generated ...
Tags: Steel Export, Steel
Pentair Ltd. announced first quarter 2013 sales of $1.8 billion. Sales were flat compared to pro forma sales for the same period last year excluding the unfavorable impact from foreign exchange. Adjusted first quarter 2013 earnings per ...
Tags: Pentair, Processing Machinery
Glanbia Ingredients Ireland (GIIL) plans to establish a new ingredients facility in Belview with an investment of EUR150m, a move which is expected to create more than 1,600 jobs by 2018. The construction of the new facility is set to ...
Clariant reported first quarter sales 2013 from continuing operations of CHF 1.526 billion compared to CHF 1.513 billion in the previous-year period, an increase of 2% in local currencies and 1% in Swiss francs. Organic growth of 2% was ...
Tags: Clariant, Construction
HSBC Middle East has inked an exclusive agreement with Zurich Insurance Middle East for distribution of its personal and commercial general insurance products in the UAE over the next ten years. Involving distribution in other Middle East ...
Tags: General Insurance, HSBC
Private equity firm Sun Capital Partners has announced merging of five of its plastic packaging portfolio companies to form a single company Exopack Holdings, which will be based in Luxembourg. The combined revenue of all the merging ...
Tags: Sun Capital, Plastic Packaging
During the first eleven months of fiscal year 2012-13, India exported textiles worth US$ 28.4 billion, much below the target of US$ 39.6 billion set for the entire fiscal. In a written reply to the Lok Sabha, the lower house of Indian ...
Tags: Textile Exports, Textile
Ericsson has been selected by mobile satellite operator Thuraya as the sole vendor to complete an upgrade its circuit-switched core network. Under the agreement, announced on Tuesday, Ericsson will upgrade the Thuraya circuit-switched ...
Merchant Customer Exchange (MCX) has announced the selection of Gemalto to build its mobile wallet, as it moves closer to bringing its mobile commerce solution to the marketplace. According to MCX, it selected Gemalto for its ...
Float glass is the largest process type, accounting for a lion’s share of the global flat glass demand. In developed markets like Europe and the United States, vehicle manufacturers are gravitating towards the use of laminated side ...
Tags: Glass, Float Glass Market, Float Glass