Luxembourg-based steelmaker Ternium S.A. and Tecpetrol International S.A. announced Monday that they have entered into a memorandum of understanding to jointly build and operate a natural gas-fired combined cycle electric power plant in ...
Tags: Ternium, Tenaris, Power Plant
Russian mining and steel group Mechel has announced that it has signed an agreement with businessman Vadim Varshavsky for the disposal of 100 percent of shares in Daveze Limited, which in turn owns 100 percent of shares in Ukrainian steel ...
If?Australian companies were to virtualize their severs and physical infrastructure, $6 billion in costs could be saved from now to 2020, according to a new whitepaper by research firm IDC. In the VMware sponsored whitepaper,?Vision 2020: ...
Tags: Computer Products, software
You've probably heard the claim that solar panels take more energy to make than they generate. That's a pretty crushing thing to hear if you've just hired an electrician to install a fancy new solar system in the belief that you're doing ...
Tags: Solar Panels, Construction, Decoration
Under the terms of the agreement, Revolution Lighting will pay a total purchase price of $15 million for the Relume business on a debt-free basis and with a minimal level of working capital. Approximately $5 million of the purchase price ...
Vacuum and exhaust- abatement equipment maker Edwards Ltd of Crawley, UK and Atlas Copco Group, a Sweden-based provider of industrial productivity solutions, have entered into a definitive merger agreement in a transaction valued at up to ...
Tags: Electrical, Electronics
Saks Incorporated announces results for the second quarter ended on August 3, 2013. Overview of Results for the Second Quarter and Six Months Ended August 3, 2013 For the second quarter ended August 3, 2013, the Company recorded a net ...
Once a rising star, Chi Mei Lighting is now knee deep in debt with no help on the horizon by its two wealthy shareholders Foxconn Electronics and Chi Mei Corp. Founder and chairman of Foxconn Terry Gou wholeheartedly supports his affiliate ...
Tags: Chi Mei Lighting, Lights
Revolution Lighting, a leader in advanced LED lighting technology, yesterday announced it has entered into a definitive agreement to acquire Relume Technologies, a leading manufacturer of outdoor LED products and smart grid control systems ...
Tags: Revolution Lighting, LED Product
US-based food company Pinnacle Foods has entered into an agreement to acquire Wish-Bone and Western dressings brands from Unilever for $580m in cash. The acquisition includes a broad range of liquid and dry-mix salad dressing flavors ...
Tags: Pinnacle Foods, Wish-Bone
US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
A mature LED market has seen a surge in demands this year. Upstream die manufacturers one by one are transforming their market strategies in response to continual decrease in prices. Chinese manufacturer Hong Hai has been dropping prices ...
Tags: LED Market, Lighting
Compass Diversified Holdings, the parent company of Fox and CamelBak, reported that Fox sales over the first half of the year reached $125.2 million, an increase of 18 percent from a year earlier, whereas CamelBak sales dropped 9 percent to ...
Tags: Fox Sales
LED chip manufacturer Chi Mei Technology Corp went out of business last month after a surprise exodus by the company’s board members. A staggering amount of NT$5.6 billion in unpaid debts has lead to anger from creditor banks. The ...
Tags: LED chip, Chi Mei Technology
China is still proceeding with its anti-dumping and anti-subsidy probes into polysilicon and wine imports from the European Union, a trade official said on August 7, 2013. Experts said that trade frictions between the two sides will keep ...
Tags: Polysilicon, Wine Trade Probes