German carmaker BMW Group has partnered with Japanese automaker Toyota to develop a joint platform for sports cars. Both companies will choose one particular model from different proposals that were under consideration. According to ...
Tags: BMW, Toyota, Sports Cars
Pakistan-based Azgard Nine Ltd (ANL), one of the largest denim products company by sales in Pakistan, continues to be in the grip of liquidity crisis as there is strong resistance to fresh working capital loans from the lenders, who have ...
Tags: Azgard Nine, Liquidity Crisis
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has signed a ...
Audubon Volleyball Association(AVA),one of the top volleyball clubs in western Kentucky,and Rox Volleyball,the maker of volleyball apparel,signed a multi-year platinum sponsorship deal. The sponsorship makes Rox Volleyball the official ...
Tags: Audubon Volleyball Association, Rox Volleyball, platinum sponsorship
Negotiations for the January Asian Contract Price for paraxylene remained slow Friday, the final negotiation day, with neither buyers nor sellers revising their prices to narrow a wide gap, sources close to the talks said. There are four ...
Tags: Paraxylene, Chemicals
State-owned PetroVietnam plans to start up the first phase of its 1,200 MW coal-fired power Long Phu 1 project in December 2017, the company said Monday. Under this phase, a 600 MW unit will be started up and in the second phase another ...
Tags: Coal-Fired Power, PetroVietnam
Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.'s recently announced agreement to reduce its debt load. The investment company, one of the carrier's five largest investors, disclosed that it has ...
Tags: Carlyle Group, YRC Worldwide, investment, debt agreement
Vitran Corp. has terminated its agreement with Manitoulin Transport and will instead be acquired by TransForce. TransForce offered $6.50 per share on Dec. 20, which Vitran said constituted a “superior offer” to the deal it ...
Tags: Vitran, Manitoulin Transport, TransForce, acquisition
Fluor Corporation today announced that it was selected by Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), to provide comprehensive consulting services, specializing in front-end design and project and ...
Tags: Fluor Corporation, Kuwait Oil Company, Middle East projects
Russ MacNeil Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran's Canadian assets. Vitran's which sold its U.S. LTL business in October, had ...
Tags: Vitran, TransForce, acquisition
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Statoil for the manufacture and supply of a Workover System (WOS) to be installed on the Snorre B platform. The award has an approximate value of $114 ...
Tags: FMC Technologies, Statoil, Workover System, Snorre B platform
Artisan has signed a purchase and sale agreement (subject to certain closing conditions) with Magnum Energy Inc. ("Magnum") (TSX VENTURE:MEN), to acquire Magnum's 50% working interest in 2,720 gross acres (1,360 net acres) of land in the ...
Tags: Artisan, purchase and sale agreement, Magnum Energy, Provost Asset
RWE Dea has arranged a deal with Repsol Exploración Guyana (Repsol) to farm-in to the Kanuku licence operated by Repsol in the Guyana-Suriname Basin located offshore from the coast of Guyana. By entering the South American country, ...
Tags: RWE Dea, Repsol Exploración Guyana, Kanuku licence, Guyana-Suriname Basin
It is not surprising that tire industry analysts are re-evaluating the stock of Cooper Tire & Rubber Co. following the termination of its "merger agreement" with Apollo Tyres Ltd. on Dec. 30, 2013. Nick Mitchell, senior vice president for ...
Tags: tire, tyre, Auto Parts
The first batch of supply agreement of BTW1 medium manganese steel, which signed by Baosteel Special Steel and a certain large-scaled coal group based in the north of China, has been put into contract, marking the products of wear-resisting ...
Tags: steel, metallurgy