South korean carmaker Hyundai is planning to invest $300m for the establishment of a new engine plant and a metal pressing shop at its Sriperumbudur facility near Chennai, India. The company will also sign a memorandum of understanding ...
Tags: Hyundai, new engine plant, metal pressing shop, diesel vehicles
Lithium ion battery maker A123 systems has finalised its agreement with Chinese automotive components manufacturer Wanxiang for the provision of $465m funds to continue its core businesses as well as its vehicle electrification and ...
Tags: lithium ion battery, A123 systems, vehicle electrification
Allianz and Western Union have struck a Memorandum of Understanding (MOU) to develop, design and distribute insurance products in several countries around the world. As per the terms of the agreement, both firms will concentrate on ...
Tags: Allianz, Western Union, insurance product, insurance distribution
Attracted by the incentives encouraging Taiwanese enterprises to return to Taiwan for investments,including employment of more foreign laborers and tariff cut for imported equipment,Largan Precision,a leading optical lens maker in the ...
Tags: Largan Precision, Apple, investments, return to Taiwan
Seneca Foods,a US-based canned fruits and vegetables processor,has agreed to acquire Independent Foods,a processor of canned pears,apples and cherries. The memorandum of understanding was signed by Seneca Foods,Independent Foods ...
Tags: processor, canned food, transaction
RIA Novosti / Ruslan Krivobok reported that Russian tycoons Oleg Deripaska and Vladimir Potanin may reportedly put an end to a 4 year long conflict over control of Norilsk Nickel by the year end. Key shareholders of the world's largest ...
Tags: Norilsk Nickel, nickel, palladium, Oleg Deripaska
Swedish truck maker Volvo has signed a deal to increase its stake in German engine manufacturer Deutz, from the current 6.7% to about 25%, by acquiring a total of 22.12 million shares from Same Deutz-Fahr Group. Volvo will pay EUR5.88 per ...
Tags: Volvo, medium-duty engines, Deutz, commercial cooperation
Second edition of Milano Unica Cina closed in Shanghai. It was organized in collaboration with ICE, the Italian Agency for Foreign Trade, which promotes the internationalization of Italian businesses, and held in the context of ...
Tags: Foreign Trade, textile trade fair
HeatGenie has signed a memorandum of understanding (MoU) with EnCanSol Capital to become the first licensed manufacturer of the HeatGenie self-heating technology. Self-heating component HeatGenie integrates into the bottom of packaging ...
Tags: HeatGenie, MoU, EnCanSol Capital, licensed manufacturing of self
In 2010, The National Cotton Council (NCC) expressed appreciation for the efforts of the Administration to conclude a framework agreement with Brazil in the WTO dispute involving the export credit guarantee programs and certain provisions ...
Tags: cotton, cotton program, cotton market, cotton industry
General Motors China has signed a memorandum of understanding (MoU) with the China Automotive Technology and Research Center (CATARC) to manage its Chevrolet Volt demonstration fleet in Beijing for a period of one year. The MoU will also ...
Tehran Times reported that the Iranian Energy Ministry has allowed four power generation companies of the private sector to export 25% of their generated electricity. Mr Mohammad Behzad deputy energy minister of Iran said that a ...
Tags: Iranian Energy Ministry, power generation, electricity export
US-based Northern Technologies International Corporation (NTIC), along with its Indian joint venture, Harita NTI has inked a memorandum of understanding (MoU) with Indian conglomerate, ITC to develop and commercialise new biopolymer paper ...
Tags: Green Packaging, consumer goods packaging, paper products
RAB Rates Entire LED Portfolio at 100,000 Hrs RAB Lighting,the leading manufacturer of affordable LED lighting,announced an LED lifespan rating of 100,000 hours for its full line of LED fixtures.The 100,000-hour rating applies to both ...
Tags: RAB LEDs, fixture designs, 100, 000 Hrs
The American Apparel & Footwear Association (AAFA), Washington, and the Sustainable Apparel Coalition (SAC) — a global organization established by a group of apparel and footwear brands, retailers, manufacturers, nongovernmental ...
Tags: Sustainable Apparel, SAC Sign MoU