Clondalkin told PN that it has completed a highly successful seven year refinancing of its debt and is well placed to continue with its progressive development plans. According to the firm, the refinancing is one of the biggest composite ...
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on June 30 it produced 1.58 million mt of iron ore, up seven percent compared to the same quarter of the previous year, while its iron ore ...
Tags: Iron Ore Shipments, Mineral
Indonesia-based food firm PT Tiga Pilar Sejahtera Food (TPSF) has entered into an agreement with private equity firm KKR to sell approximately 9.5 % stake in the company to certain funds advised by KKR Asset Management for an undisclosed ...
Specialist meat packer Hilton Food Group's strategy of operating with one customer per market could lead it to benefit from the horsemeat crisis, predicted City analyst Shore Capital. Hilton Foods' business model of one customer per ...
Tags: Hilton Foods, Agriculture, Food
Alongside its ongoing activities in the area of LED, the Zumtobel Group is investing in the technology of the future, OLED. To this end, the lighting group yesterday signed an agreement to acquire all the shares from its partners in the ...
Tags: OLED Technology, OLED, Lights, Lighting
Singapore’s Singbridge Holdings has entered into an agreement set up a management company for the development of food zone in the province of Jilin, China. Under the agreement, Singbridge will hold 40% in the joint venture, while ...
Tags: Food Zone, Singbridge
Zhejiang Geely Holding Group (Geely) has signed a deal with the Belarusian government to establish a large joint venture automobile assembly project, marking the first automotive joint venture between China and Belarus. Under the ...
Tags: Automobile Assembly, Geely
Santos has made a fourth gas discovery offshore Western Australia at its Winchester-1 exploration well in the prolific Carnarvon Basin, the company said in a statement Thursday. Santos Vice President Western Australia and Northern ...
Tags: Santos, Gas Discovery
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals
In 2012, affected by the economic slowdown, shipping market slump, shipbuilding order contraction and other factors, the global marine diesel engine market shrank by 12.9% year on year to 67.27 million horsepower. In 2013, it's expected ...
Abu Dhabi-based agri business company Al Dahra International (ADII) is set to acquire 20% stake in India-based Kohinoor Foods (KFL) in a deal estimated to be worth Rs1.12bn ($18.9m). Under the terms of the deal, Al Dahra will pay Rs160 ...
Tags: Al Dahra, Kohinoor Foods
Reportedly, Severstal North America and US Steel have terminated their partnership in the joint venture Double Eagle Steel Coating Co. in Dearborn, Michigan due to weak market demand for electro-galvanized sheets. Sergei Kuznetsov, CEO of ...
Tags: Construction, Decoration, Steel
Turkey-based Posco Assan TST, a stainless producing joint venture built by Korean steel giant Posco and Turkey's Assan Celik announced that it has made the first shipment of 1.5 mm stainless coils in July 14th. It's known that Posco Assan ...
I am pleased to announce Fiberweb has acquired control of our existing geosynthetics joint venture in Gujarat, India. Following the signing of contracts at head office on Monday, July 8th, Fiberweb now owns 65%of shares in the Terram ...
Tags: Textile
MEGlobal on Monday nominated its August Asia contract price for monoethylene glycol at $1,140/mt CFR, up $40 from its price for July, a company source said in an email. "The August 2013 ACP reflects the short term supply/demand situation ...
Tags: Monoethylene Glycol, Chemicals