China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year. The company registered 8.1 billion yuan ($1.2 billion) of profits in the first three quarters, up 174.6 ...
Tags: Iron, Steel, Steed Bar, Medium Plates, Cold-Rolled Sheets
Brazilian company Vigor, a unit of JBS Group, has selected SIG Combibloc’s CFA 812 filling machine for its new dairy plant in Barra do Piraí. Commissioned in June 2016, the $40.5m plant can process one million liters of milk ...
Tags: Dairy Plant, filling machine
"Please do not stand too close or my pretty face will be too big in your photos," Jia Jia told her "fans" at the 2016 World Robot Conference in Beijing. Jia Jia is a typical oriental beauty with shiny hair, bright skin, a slender figure ...
Tags: Robot, Robotics Industry
Glencore plc (“Glencore”) announces that a long-term streaming agreement has been entered into by Narila Investments Ltd. (“Narila”), a wholly-owned subsidiary of Glencore, with Franco-Nevada (Barbados) Corporation ...
Tags: Glencore
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
GEA, which supplies processing technology for dairy and food industry, has installed a high performance spray dryer at the new milk powder facility in Lichfield, New Zealand. The spray dryer has been developed for GEA's customer Fonterra. ...
Tags: Milk Powder, dairy
Swiss infant nutrition company Hochdorf has entered into an agreement to acquire a majority stake in Pharmalys Laboratories and Pharmalys Tunisia. Under the purchase agreement, Hochdorf will buy 51% stake in both the companies. Besides, ...
Tags: infant nutrition, Hochdorf
General Motors (GM) and IBM have joined hands to bring the power of OnStar and IBM Watson together to create OnStar Go, the auto industry’s first cognitive mobility platform. Starting in early 2017, OnStar is expected to give ...
Tags: GM, IBM, Driving Experience
Savari has signed an agreement with SAIC USA, a subsidiary of Chinese automaker SAIC Motors, to manufacture and distribute its V2X communications solutions in the Greater China and selected ASEAN countries. With this partnership, the ...
Crown Holdings announced its financial results for the third quarter ended 30 September 2016. Third Quarter Highlights Earnings per share $1.31 for the quarter; $3.09 YTD versus $2.35 in 2015Adjusted earnings per share $1.33 for the ...
Tags: Crown Reports, Earnings
Blue Goose Capital, a privately-held, Canadian-based protein and organic food company, has announced the acquisition of Tender Choice Foods. Tender Choice Foods operates processing plant specializing in the processing, packing and ...
Tags: Blue Goose Capital, Foods
Cargill has agreed to offload its 10-year-old Canadian egg processing facility in Etobicoke to the Global Egg. However, the transaction details were revealed by the two companies. Following the acquisition, the facility’s 53 ...
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
"Innovative play experiences, engaging storytelling and global execution of Hasbro's brand blueprint continues to drive consumer and retailer demand for our brand portfolio," said Brian Goldner, Hasbro's chairman, president and chief ...
Tags: Hasbro, Boys category