Swiss coffee merchant Volcafe is forming a joint venture with Simao Arabicasm Coffee (SACCO) to export coffee beans from China. The joint venture Yunnan Volcafe will source coffee beans grown in Yunnan province. The new entity will ...
Tags: Volcafe, coffee beans, Food
Arkema has finalized the first stage of its acrylics assets acquisition project in Taixing, China, and now has access to a modern and competitive 160,000 t/year acrylic acid production capacity in Asia for the sum of $240 million. This ...
Tags: Arkema, acrylic acid, Chemicals
Asian Paints has announced its financial results for the quarter and six months ended September 30, 2014. “Double digit volume growth was witnessed across regions in the decorative paint segment. The Automotive coatings JV (PPG-AP), ...
Tags: Asian Paints, decorative paint
Approximately 50,000 tones of sugar stored in a warehouse operated by Cargill and Biosev at Brazil's Santos port, affected by fire in the Teag terminal, has been destroyed. The terminal, known as TEAG sugar terminal, is a 50-50 joint ...
To keep up with brisk growth, Rechi Precision Co., Ltd., world's fourth-biggest supplier of compressors for air conditioners by shipment, has stepped up output expansion across Taiwan and China. Recently its board approved an ...
Tags: air conditioners, compressors
Jaguar Land Rover has opened its first overseas manufacturing facility in north of Shanghai, China. The $1.7bn plant has been built in a joint venture between Jaguar and Chinese automobile manufacturer Chery Automobile. The company is ...
Tags: Jaguar, Land Rover
Coats, one of the leading industrial thread and consumer textile crafts companies, has announced the opening of a state-of-the-art zips factory in Chittagong, on the eve of completing 25 years of operations in Bangladesh. The new zips ...
Tags: Coats, Zips Factory, Textile
MedVenture Technology Corporation, a medical device design and manufacturing company and part of Helix Medical, announces the expansion of its operations into Costa Rica. Helix Medical Costa Rica is now under the leadership of MedVenture ...
BASF inaugurated its expanded mobile emissions catalysts manufacturing operation in Shanghai, China, further strengthening the company’s regional presence and its position as a leading supplier to the automotive industry. The ...
Tags: BASF, Construction Coating
The Coca Cola Company will earmark between $600m and $1bn for expansion of its operations in Indonesia. The company is likely to form a joint venture with its Australian subsidiary Coca Cola Amatil (CCA), to build new plants across ...
Tags: Coca Cola, Soft Drink Industry
BMW is partnering on MAI Carbon Cluster Management GmbH, a research effort backed by Germany's federal government, research and businesses institutions, which is working on a technology to reduce carbon-fiber production costs by 90%. The ...
Tags: Carbon-Fiber Production, BMW
Mondelez International, an American multinational confectionery, food and beverage conglomerate, has named Brian Gladden, 49, as their new chief financial officer. Gladden, a former CFO of Dell, will be assuming office from December 1. ...
Tags: Mondelez International, CFO, Food
Volkswagen is extending its partnership with its Chinese joint venture partner First Automotive Works for further 25 years. Apart from the partnership extension, the companies are planning to invest in the Shanghai Volkswagen (SVW) ...
Tags: Volkswagen, Partnership, Accessories
BioAmber Inc., an industrial biotechnology company producing sustainable chemicals, has signed an exclusive supply agreement for bio-based succinic acid with Xuchuan. Under the terms of the 5-year contract, which runs from 2015 to the end ...
Tags: BioAmber, Xuchuan, Decoration
More than 24 million vehicles will be sold this year in the world's largest auto market, the China Association of Automobile Manufacturers (CAAM) has forecast. China's vehicle output is also expected to top 24 million units this year, ...
Tags: vehicles, auto market