On November 21, SAIC MAXUS second stage project of assembly plant foundation and T60 roll-off line ceremony were held in Wuxi Base. The first vehicle of SAIC MAXUS V80 rolled off the production line in September, 2010, and three years ...
Tags: SAIC MAXUS, T60 pickup
The Nordic Investment Bank (NIB) and the Volvo Car have signed a five-year loan agreement of SEK1bn (EUR102m) to finance the next phase of the company's R&D program. The loan will support financing for the development of new modular ...
Tags: Volvo Cars, R&D programme
Hempco Food and Fiber is set to open new hemp foods processing facility in Nisku, Alberta, near the Edmonton International Airport. For several months, Hempco has been searching for a new location to expand its hemp seed food processing ...
Tags: Hempco Food, Fiber
Kaiima Bio-Agritech has partnered with Horizon Ag to develop new rice varieties for the US market by using a breeding tool developed by Kaiima. While Kaiima, based in Israel, is a genetics and breeding technology company, Horizon Ag is a ...
Tags: Kaiima, EP technology
Volkswagen has unveiled its Transform 2025+ strategy, further detailing the company's plans for the decade ahead. This plan aims to reduce the capex ratio and the development cost ratio to a competitive level in the next few years – ...
Tags: Volkswagen, Electric Car
November 17-18, 2016, the Fifth China International Diesel Engine Summit was held in Beijing. The summit attracted dozens of well-known enterprises at home and abroad to participate in, giving symposiums for China's diesel engine industry ...
Tags: Diesel Engine, Engine
Gneuss has exhibited a new IV booster Jump system at the K 2016 show in Düsseldorf, Germany. Part of the recycling systems, the new add-on IV booster Jump system allows waste to be directly reintroduced into the production process. ...
Tags: Gneuss, PET thermoforming sheet
Apple’s developments in the market are a hot topic in the technology industry, market rumors that next generation iPhones would be using OLED displays ushered in a large wave of investments in the sector in China. OLED, which was a ...
Apple is considering creating a pair of digital glasses that offer an augmented reality experience, according to a new report. The iPhone maker’s project is still in the “exploration phase” according to Bloomberg, which ...
Tags: Apple, digital glasses
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
Austria-based Schur Flexibles Group has signed an agreement to acquire majority stake in the Dutch company Drukkerij Zwart for undisclosed amount. Drukkerij Zwart is engaged in developing and producing packaging products for the food ...
Tags: Packaging, Drukkerij Zwart
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
AmerisourceBergen subsidiary World Courier has introduced new Cocoon thermal packaging solution for pallet-sized shipments. The solution was developed by World Courier’s Climate Optimisation Research & Engineering (CORE) Labs, a ...
Tags: World Courier, Packaging
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
DuPont Nutrition & Health has announced to invest $100m to increase its probiotics manufacturing capacity in the US. The specialty food ingredient company expects to increase the production of probiotics by 70% through the new investment. ...
Tags: DuPont, Nutrition&Health