Revenues for the three months to June 30, 2015 climbed 11.4 per cent over the three months to March 31, 2015 at Kordsa Global, a Turkish producer of industrial yarn and cord fabric. Kordsa Global's revenues amounted to TRY 869 million in ...
Tags: industrial yarn, fabric
Japan's integrated beverages company Kirin is reportedly planning to acquire 55% stake in Myanmar Brewery from Singapore-based beverage producer Fraser and Neave (F&N) for $560m. Reuters cited sources familiar with the matter as saying ...
Tags: beverage, beverage manufacture, Kirin, company acquisition
Western dances are increasingly slipping into Chinese fitness routines. Chen Nan gets a feel for the moves, once taboo in China. Belly dancing. Pole dancing. Salsa. Foreign dance styles are twirling into China with nimble steps, ...
Tags: Western dance, Latin dance
The Kenyan government has commenced discussion with Chinese authorities to help showcase the East African nation's cultural heritage in the Asian nation's museums, officials said on Monday. Mzalendo Kibunjia, Director General of ...
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
“It is only a matter of time before white LEDs using blue LED chips will disappear from the market,” said Shuji Nakamura at a forum on GaN technology in July organized by Nikkei Asian Review. The comment from the inventor of ...
Tags: LED chip, Blue LED, Purple LEDs
BASF inaugurated its new resin and electrocoat plant at the Shanghai Chemical Industry Park (SCIP) in Shanghai. In line with BASF’s approach to stay close to customers worldwide, this new plant will further strengthen BASF’s ...
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
US automotive giant Ford Motor plans to draw from the low-cost techniques mastered in India to maintain its competitive edge in other markets. This is set to be an emulation of the strategy used by its Asian rivals reportedly outshining ...
Tags: Ford Motor, Hyundai Motor
Hyundai Motor Group (HMG), which incorporates Hyundai and Kia brands, is injecting manpower and resources to boost its commercial vehicle (CV) wing for the low-volume, high-margin truck and bus sector. The carmaker is also bolstering its ...
Tags: Hyundai Motor, Commercial Vehicle
With 8 months still to go for the Japan International Apparel Machinery and Textile Industry Trade Fair “JIAM 2016 Osaka”, 80 per cent of the exhibition space of has already been booked, the Japan Sewing Machinery Manufactures ...
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
Film manufacturing and coating firm Perlen Packaging is injecting over CHF20m ($20.3m) for expanding its PVdC coating line capacity in Perlen, Switzerland. The company, a unit of of industrial group CPH Chemie + Papier Holding, ...
Methanex, the world's largest producer and supplier of methanol to major international markets, has posted new regional contract methanol prices for North America, and Asia-Pacific regions, on its website. For the Asia-Pacific region, ...
Tags: methanol, methanol prices