Business Line reported that the Monnet Group is giving a re-look to its power business amid uncertainties in the sector. Mr Sandeep Jajodia CMD of Monnet Group said that an earlier target to establish 3,000 MW capacities by 2017 now seems ...
Tags: Monnet Group, power business, power, capacity
South Korea based chemical and trading company Hyosung is planning to build a $150m facility in Romania to produce auto airbags and tyre components. The company said that the construction work on the new plant is expected to begin in the ...
Tags: Hyosung, airbags, tyre components, car tyres, steel cords
Against the backdrop of a changing worldwide home textiles market, Intertextile Shanghai Home Textiles – Autumn Edition held on 28 – 30 August 2012 at the Shanghai New International Expo Centre. A record-breaking 1,331 number of ...
Tags: home textiles expo, home textiles market, home textiles industry
Accuride (ACW) is planning to invest about $8.73m to expand its aluminum wheel production capacity at its Kershaw County plant in South Carolina, US. As part of the expansion, the company which produces and supplies commercial vehicle ...
NEMA's Electroindustry Business Confidence Index (EBCI) for current North American business conditions climbed nearly 13 points in October, its third straight monthly increase, to 58.3. The index reached its highest mark for since April, ...
Tags: EBCI, power transmission, distribution equipment, lighting systems
US-based Henry Molded Products, a manufacturer of sustainable molded fiber protective packaging products announced that it will expand its South Carolina operations in Anderson County. According to the company, more than $5m investment is ...
Tags: fiber protective packaging, molded fiber products, pulp products
Spokespeople for ARM Cement, Kenya s second largest producer of cement behind Lafarge-owned Bamburi Ltd, said that the company is looking forward to a strong year on the back of its recently opened Dar es Salaam plant in Tanzania and the ...
Tags: market view, cement
Samsung has almost doubled its profits in its third quarter of 2012,thanking the performance of its smartphone division for the significant rise. Net profit for the three-month period hit KRW6.56tn(GBP3.7bn),which represented a ...
Tags: Samsung, smartphone sales, Net profit, KRW26.25tn, Nokia
Puma AG announces financial result of the third quarter and first nine months of 2012. Performance Third Quarter 2012 •Consolidated sales increase 6.0%in Euro terms •EBIT before special items decreases by ...
Tags: Sales, Puma, financial result
Almost half of small businesses in the UK will use IT to become more efficient,according to an Economist Intelligence Unit study. The global study,based on a survey of 1,072 small and medium-sized enterprises(SME)for SAP found that the ...
Tags: small businesses, social media, downturn, mobile web, UK
The fourth review of the trade policies and practices of Bangladesh takes place on 15 and 17 October 2012.The basis for the review is a report by the World Trade Organization(WTO)Secretariat and a report by the Government of Bangladesh. ...
Tags: WTO, Trade Policies, global economic crisis
LVMH:LVMH's Beauty Sales Remain Strong LVMH Moët Hennessy Louis Vuitton,the world's leading luxury products group,recorded revenue of€19.9 billion for the first nine months of 2012,an increase of 22%on the comparable period ...
Tags: Louis Vuitton, revenue, currency
Tokyo-based Mitsubishi Electric Corp has been designated as a'Green Asia Special Global Strategy Synthesis Area'company in Japan's Fukuoka Prefecture. Kitakyushu and Fukuoka cities in Fukuoka Prefecture have been designated as Green Asia ...
Tags: Mitsubishi lectric, sic power modules, low-loss power devices
For second-quarter 2012,AXT Inc of Fremont,CA,USA has reported revenue of$25.2m,up 7%on$23.5m last quarter but down 16%on$30m a year ago. Fiscal Q2/2011 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Quarterly revenue$30.0m $28.3m$21.2m$23.5m$25.2m ...
Tags: AXT Inc, secondQuarter 2012, GaAs Growth of 22 percent
UK-Christie today announced its partnership with Canada's Department of Foreign Affairs and International Trade's(DFAIT)'Invest in Canada'.Christie has provided two striking digital displays featuring Christie MicroTiles and Christie Entero ...
Tags: Technology, UK, Canada