Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced that NS BlueScope Thailand, part of NS BlueScope Coated Products, a joint venture between NSSMC and Australia-based BlueScope Steel Limited, has decided to ...
Louisville, Kentucky-based Steel Technologies LLC announced Tuesday its agreement to purchase Stripco LLC, Stripco Sales Company, LLC, and Stripco Express Inc. (collectively, “Stripco”). Stripco is a premier value-added steel ...
Tags: Steel Technologies, Steel
Novelis, a subsidiary of Hindalco Industries, has commissioned a new aluminum slitting and packing line at its joint-venture facility Aluminium Norf (Alunorf) located in Neuss, Germany. The line, which involved an investment of around ...
Tags: Aluminum Slitting, Packing Line
PPG Industries reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 ...
Tags: PPG, Construction, Decoration
American automaker General Motors (GM) will expand its presence in China with investments of $12bn between 2014 and 2017 through its domestic joint ventures. The investments will be used to open five new manufacturing facilities by ...
Tags: General Motors, Chinese Market
Robert Bosch GmbH, GS YUASA Corp. and the Mitsubishi Group together announced that they have established a new joint venture called “Lithium Energy and Power GmbH & Co.KG” to cooperate for developing next generation lithium ...
Tags: Mitsubishi, Bosch, Lithium Battery
Some Taiwan-based solar firms - a first-tier and three second-tier cell makers, and a material supplier - originally planned to form a joint-venture to manufacture PV modules to tap the international market, but they have suspended the plan ...
Mahindra ShubhLabh Services, a subsidiary of Mahindra & Mahindra, has entered into a fruit supply chain joint venture (JV) agreement with Belgium-based fresh produce firm Univeg. Mahindra will have 60% holding in the JV, while Univeg will ...
Tags: fruit supply, domestic supply
Viewing that polysilicon spot market prices in the China market rose to US$25/kg in the first quarter of 2014, some China-based makers are preparing to expand production capacities. Also, some companies that stopped production during the ...
Tags: Polysilicon
Malaysian Prime Minister Dato' Sri Mohd Najib Tun Abdul Razak officiated at the groundbreaking of an integrated aroma ingredients complex, set up by BASF and PETRONAS Chemicals Group Berhad (PCG) via their joint venture company BASF ...
Tags: Basf, Construction, Decoration, Chemicals
Singapore-headquartered Wilmar International has agreed to establish a joint venture (JV) in Myanmar to produce and sell sugar and its by-products. The JV will be set up in partnership with Great Wall Food Stuff, and will be named Great ...
Tags: Wilmar International, JV Deal
Molson Coors Cobra India brewery is expanding its product portfolio, with the launch of a new strong beer - Royal Brew. The introduction of Royal Brew follows the launch of British beer Carling, reported The Economic Times. Molson Coors ...
Originally only associated with nightlife activities or as an accompaniment to alcoholic beverages to create mixed drinks, energy drinks are increasingly being consumed as refreshments in their own right. In fact, a recent study conducted ...
Tags: Crown, Energy Drinks, Drinks Market
Foton on Wednesday announced that, recently, the joint venture Beijing Foton Cummins Engine Co., Ltd. with 50% of its share signed the "Euro VI Engine Development Contract" with America Cummins. Leaders from Foton Auto and American ...
Tags: truck, car, vehicle, Transportation
MEGlobal on Thursday nominated its May Asia Contract Price for monoethylene glycol at $1,100/mt CFR main port, unchanged from April, according to a notice to buyers provided by the company. The price reflected "the short-term ...
Tags: MEGlobal, MEG prices