Automobile manufacturer Mahindra Group has signed a contract with the Spain based auto parts manufacturer CIE Automotive to form a joint venture (JV) in order to expand operations of both the companies. Under the deal, Mahindra Group ...
Tags: Mahindra, CIE Automotive
Japanese automaker Mitsubishi Motors (MMC) is planning to increase the production capacity and construct a new manufacturing facility in Indonesia. Both the moves are expected to support the company to address the increasing demands for ...
Tags: Mitsubishi, production capacity
Egi MJG Float Glass, a joint venture between Egi Community, Mara Group, JS Group and Ghani Group will build a $210 million float glass manufacturing plant in Nigeria. The production facility in Rivers State will produce 500 tonnes of ...
Tags: Float Glass, Egi MJG
Iconix Brand Group, Inc announced the pricing of certain of its subsidiaries' (the "co-issuers") private offering of $275 million aggregate principal amount of 4.352% senior secured notes (the "notes") under its existing securitization ...
From January to May 2013, the investment in fixed assets (excluding rural households) reached 13,121.1 billion yuan, up by 20.4 percent year-on-year in nominal terms, the growth rate decreased 0.2 percentage point over that in the first ...
Tags: Fixed Assets, Investment
Non-OECD Asia, especially China and India, will slowly but surely join the club of countries with underground gas storage facilities as gas demand grows and security of supply becomes imperative, a senior executive with Storengy, GDF Suez's ...
Tags: Chemicals, underground gas
At least two U.S. mobile operators, T-Mobile US and Verizon Wireless, reportedly do not participate directly in the U.S. National Security Agency's call metadata collection program because of their partial ownership by foreign ...
Tags: Phone Companies, NSA, Surveillance Program
The US company Louisiana-Pacific wrapped up its complete take-over of the Peace Valley OSB mill on 31 May. The mill was previously operated as a joint venture with Canfor. The transaction was originally supposed to close at the end of 2012, ...
Tags: OSB mill, Louisiana-Pacific
Raysut Cement has announced a series of new development plans including new terminals at Duqm port in its home country of Oman and at Berbara Port in Somalia. The company said the new state-of-the-art terminal at Duqm will have two new ...
Tags: Cement, Construction
Rosneft and ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the ...
South Africa-based financial services provider Sanlam is mulling to acquire a 40% holding in MCIS Zurich Insurance, in an effort to boost its presence in Malaysia. People familiar with the matter were reported by thesundaily as saying ...
Tags: Sanlam Mulls, Insurance
Yogurt company Commonwealth Dairy has completed a $12m expansion project that commenced in November 2012. The expansion includes addition of about 23,000ft2 in new facilities as well as new machinery at its Brattleboro plant in the US, ...
Japanese automaker Mitsubishi Motors (MMC) has launched the new eK Wagon and eK Custom tall wagon minicar models in Japan. The vehicles are claimed to be the first ones planned and developed by NMKV, a joint venture established by MMC and ...
Tags: Mitsubishi, Tall Wagon Minicar
It was reported that the person who in charge of Panasonic's digital products business expressed in an interview with Japanese media that Panasonic will launch OLED TV before the end of 2015. Currently, Panasonic is developing the ...
Tags: OLED TV, Consumer Electronics
Today marked the official opening of Moose Creek Energy's new 4.2MW landfill gas-to-energy plant, located at the Lafleche Environmental Inc. facility in Moose Creek, Ont. Landfill gas-to-energy generating plants turn landfill gas from ...
Tags: Gas, Metallurgy, Mineral, Energy