China has cut the number of restrictions on foreign investment for new pilot free trade zones in Tianjin, Guangdong and Fujian and also for the zone in Shanghai.To increase transparency, the central government has made public a "negative ...
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
Iran will unveil the ethylene plant in Assaluyeh by September, according to Marzieh Shahedaei, director of the National Petrochemical Industries Company (NPC), say media reports. Shahedaei said the second phase of the complex would ...
Tags: Ethylene, raw material
For fiscal second-quarter 2015 (to end-February 2015), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.6m, continuing the rebound from the low of $2.3m in fiscal fourth-quarter 2014 and up 56% on ...
IT solutions provider, Datatex said package sales of its ‘Now’ ERP software solution for the textile, carpet and apparel sector for 2014 has more than doubled while revenue grew by 25 per cent year over year. According to a ...
Tags: IT solutions, Datatex, ERP software
With the handset set to be formally unveiled alongside the Huawei P8 next Wednesday, April 15, the images have popped up to point towards a Huawei Ascend P7 echoing finish.Despite showing off a metal-framed form similar to that of the P7, ...
Patagonia, through its $20 Million & Change venture fund, announced a strategic investment in Beyond Surface Technologies, a chemical company focused on producing high-performance textile treatments based on natural raw materials. In its ...
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
Dunelm Group plc has issued a trading update for the third quarter of its current financial year, comprising the 13-week period ending 28th March 2015. Total revenue grew by 10.7% to £216.2m. However, total like-for-like growth ...
Tags: Dunelm Group, Home Delivery sales, Furniture
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Australia-based packaging solution provider Amcor has announced the acquisition of South African packaging company Nampak Flexibles for $22m (ZAR250m). Amcor specialises in supplying a range of rigid and flexible packaging products to ...
Martin Allen, MD of Airsprung Group's headboard division, Swanglen, is set to retire at the end of March. Martin joined Swanglen as operations director 23 years ago and in that time has been responsible for the complete overhaul and ...
Tags: Swanglen, Retirement, Furniture
Kellogg’s responds to CHOICE’s sugary cereals accusations and Health Star ‘failings’ Breakfast cereal manufacturer Kellogg’s has responded to the recent accusation by consumer group CHOICE, which claimed the ...
Axalta Coating Systems will participate in the NACE Corrosion Expo, March 16-19, in Dallas, TX. For the past three years, the company has offered its customers and other attendees important insights and in-depth corrosion protection ...
Turkey has imposed an additional 50 per cent customs duty on Pakistani handmade carpets, which can have tumultuous impact, since Turkey is the second biggest importer of Pakistani handmade carpets. The imposition of the duty comes ...
Tags: Handmade Carpets, Carpets