Plessey announced today that it is to carry out a major expansion of the company’s LED manufacturing facility in Plymouth, England, after securing a GBP 30 million ($50 million) loan from Deutsche Bank AG to finance the expansion. ...
HC Semitek board approved the acquisition of Chinese sapphire substrate manufacturer Crystaland during a recent shareholder meeting. The acquisition deal signals the company is extending its reach into the upstream LED market sector, and ...
Tags: M&A, HC Semitek, Cyrstaland
Taiwanese LED chip manufacturer Yang Hwa Technology owner Shih-Hsiung Chan was detained by police on Sept. 11, 2015 for suspected accounting fraud and market manipulation, according to a report by China Times. In mid-June, Chan was ...
Tags: insider trading, Yang Hwa Technology, market manipulation
UBS forecasted oversupply situation in the LED industry will continue into 2016, while sliding LED prices will nullify growing shipment volume advantages, according to a Chinese-language Commercial Times report. These projected market ...
Tags: Epistar, Everlight, UBS ratings
Bearing, a critical component for contemporary mechanical equipment, finds wide applications in automobile, electromechanics, construction machinery, household appliances, metallurgy and mining machinery, etc. In 2014, global bearing ...
Tags: Bearing, gearbox, roller bearings
After months of speculations and teasers, Tesla unveiled the much-anticipated Model X SUV at the company’s Fremont, California factory and it delivered the car to its first customers. The Model X will be available in tow variants, ...
Cadmium telluride (CdTe) thin-film photovoltaic (PV) module maker First Solar Inc of Tempe, AZ, USA, international mining group Rio Tinto and the Australian Renewable Energy Agency (ARENA) have announced that Australia's first commercial ...
Tags: PV Modules, Solar Plant
Major regional markets (i.e. China, the U.S. and Japan) and other emerging markets continue to drive the demand growth of this year’s photovoltaic (PV) market. The latest report by EnergyTrend, a division of TrendForce, says that the ...
Tags: PV market, PV installation
Engineered for high-productivity 24/7 operation, Ross Ribbon Blenders are manufactured in standard and sanitary designs with customizable features for increased reliability of solid-solid and solid-liquid blending operations. Available from ...
Tags: Charles Ross, Blenders, liquid additions
BASF is presenting numerous new solutions for the packaging and furniture industry, automotive and electrical engineering at this year’s Fakuma, the international trade fair for plastics processing, in Friedrichshafen. From October ...
Tags: BASF, Plastics, polyurethanes
BASF will expand its emollients and waxes production capacity with a new plant at its site in Jinshan, Shanghai. The investment, complementing the current production of wax esters, emulsifiers and primary surfactants in Jinshan, will ...
Tags: BASF, Emollients, waxes
Cargill is set to invest $111m to transform its ground beef facility in Columbus, Nebraska, to cooked meats facility. This conversion, which will begin in early December this year, will enable the company to produce specific types of ...
Tags: Cargill, meat products, beef
Ajinomoto is investing JPY2.4bn ($20m) on a new production line for frozen rice products at the Oakland facility in the US, as part of its aim to boost production capacity. This line will become operational by 2016. The North American ...
PPG Industries today announced that it has completed a $27m expansion of its San Juan del Rio, Queretaro, Mexico, coatings manufacturing facility. The company marked completion of the project, which adds 115 new jobs, with a grand-opening ...
Tags: PPG, automotive OEM coatings, paints
Hyundai has teamed up with its performance partner ARK Performance to redesign its Genesis Coupe to be presented at the 2015 SEMA show to be held this November. ARK, which specializes in creating premium, exhaust systems, suspension ...
Tags: Hyundai, Coupe, bumper, transmission