National Textiles Corporation (NTC) has made profit in the year 2009-10, 2010-11, 2011-12 and 2012-13, but incurred loss during 2013-14. The main reason for loss during 2013-14 has been due to increase in raw material cost by 10.55 % ...
Tags: NTC, Apparel, Accessories
Global Fashion Group, Inc announces that it has signed a Letter of Intent with Pure System International Limited joining forces to produce and market internationally branded PuraVida performance enhanced sustainable textile fiber. The Joint ...
Tags: Global Fashion, JV, Textile
Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Jinling Huntsman will use the gases ...
Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced that it has signed a definitive agreement with Indonesia-based PT Krakatau Steel (Persero) Tbk (PTKS) concerning their automotive flat steel products joint ...
Tags: NSSMC, Krakatau Steel, Mineral
China First Tractor announced on July 18 that they will build strategic cooperation with ZF on axles to boost the axle department development and absorb related technology. They will make a joint venture with German ZF China Company to ...
Tags: Tractor, absorb related technology, Auto
Australia-based packaging company Amcor has introduced new technology LiquiForm, which is said to benefit liquid packaging producers. The new technology will use the consumable liquid instead of compressed air to hydraulically form and ...
Japanese steelmaker Kobe Steel has announced that it has established a joint venture called Kobelco Angang Auto Steel with Chinese steelmaker Angang Steel, a subsidiary of Anshan Iron & Steel Group, to produce cold rolled high-strength ...
Tags: Kobe Steel, Steel, Mineral
Australian iron ore miner Fortescue Metals Group has announced that its iron ore shipments in the fourth quarter ending June 30 of the financial year 2013-14 totaled 38.7 million mt, increasing by 54.8 percent year on year. In June alone, ...
Tags: Australian, Fortescue Metals Group, Metallurgy, Mineral
Hiwin Technologies Corp. and Advantech Co., Ltd. have signed an agreement to foster?the formation of Taiwan's robot-industry cluster in order to?boost international competitiveness of Taiwan's robotic and intelligent-automation industry. ...
Tags: taiwan, Manufacturing, Processing Machinery
Nissan Motor Co., Ltd. today announced financial results for the three months to June 30, 2014. Operating profit rose to 122.6 billion yen for the first quarter of the 2014 fiscal year, representing a 5% margin on net revenues that ...
Tags: Nissan, zero-emissions
VE Commercial Vehicles, a joint venture (JV) of Volvo and Eicher Motors, has unveiled the Eicher Pro1000 and Eicher Pro 3000 series of light and medium duty trucks in Kochi, Kerala, India. The new trucks are designed to suit the needs ...
Tags: VE Commercial Vehicles, trucks, Auto Parts
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Fonterra, a New Zealand-based dairy co-operative, has entered into an agreement with Abbott Laboratories to develop a new dairy farm hub in China. According to Fonterra, the move comes in response to the growing demand for quality ...
Tags: Fonterra, dairy farm, Food
Industrial packaging products and services provider Greif has announced plans to expand its Southeastern packaging sheet feeder operation in Concord, North Carolina, US. The expansion will see the addition of a second advanced corrugator ...
Tags: Greif, sheet feeder, Packaging
Pernod Ricard USA, a subsidiary of French wines and spirits firm Pernod Ricard, has increased its significant majority stake in Avión Spirits, with the purchase of additional stake from its joint-venture partner Tequila Avión. ...
Tags: Pernod Ricard, majority stake, Agriculture