Ube Machinery has signed an agreement to acquire 85% equity stake in Mitsubishi Heavy Industries Plastic Technology. The acquisition will allow Ube Machinery to secure Mitsubishi’s worldwide business in injection molding machines. ...
Tags: Ube Machinery, Mitsubishi
Global food giant Mars has announced that it would invest £23m to expand its King's Lynn facility in the UK to meet the growing demand for Uncle Ben's Ready to Heat rice. The company plans to make the investment to add a new ...
Tags: Global food giant Mars, Heat rice
Taiwan boasts a large number of globally competitive manufacturers of furniture parts, to enjoy solid presence in the global furniture supply chain.Despite global economic uncertainties, most of Taiwanese furniture parts makers have yet to ...
Tags: furniture parts, sustainable development, competitive edges
Mitsubishi Polyester Film, a subsidiary of Japan-based Mitsubishi Plastics, has selected Jacobs Engineering Group to provide engineering services for the expansion of its polyester film plant in Greenville County, South Carolina, US. ...
Tags: Mitsubishi, Polyester Film
Mitsubishi Motors has admitted to improper conduct in fuel consumption testing for over 600,000 vehicles sold in Japan. The applicable cars are four mini-car models, two of which are the eK Wagon and eK Space which have been manufactured ...
With excellent product quality and good international reputation, CIMC plough in the overseas market and have yielded good results. With the pre 120 dumper smoothly delivered to South Africa, a group of 200 flat trucks exported to South ...
Tags: CIMC, Overseas markets
Tassal will stop supplying Coles supermarkets with private label salmon as of 4 June 2016. The Tasmanian seafood company will also stop a salmon supply contract with Simplot from 30 June 2016. Tassal said it decided to withdraw tenders ...
Tags: label salmon, Tassal
Port of Brisbane needs a dedicated freight connection, Mr Abson said. The Infrastructure Association of Queensland is supporting the State Infrastructure Plan and is urging the Palaszczuk Government to fast-track funding to support its ...
Indian food company LT Foods has entered into an agreement to acquire rice export business of consumer goods producer Hindustan Unilever (HUL) for around Rs250m ($3.76m). Under the deal, LT Foods will acquire two HUL brands - Gold Seal ...
Tags: LT Foods, Aquisition, HUL, Rice export business
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
Chinese tourists comprised the major consumption force in overseas markets during the seven-day Spring Festival holiday starting from Feb. 7. Chinese purchasing made up 55.8 percent of overseas consumption in the period, reflecting a new ...
The general outlook for the 2016 PV market has become more certain as China, the U.S. and the U.K. finalize their respective subsidy policies. “China plans to connect the country’s PV power plants onto the grid before the middle ...
Tags: PV market, multi-Si wafers
Smartphone brands in China are expected to enter a new phase of consolidation in 2016 as some vendors have sold their sub-brands or introduced new strategic partners, according to industry sources. Smartphone brands in China were active ...
Tags: Coolpad, Nubia, Smartphone
Thanks to tireless promotion by top Chinese leaders, the country's railway industry has seen another year of good harvest in overseas markets in 2015, culminating in the launch of a railway project in Asia and the start of another in Europe ...
Two Chinese nuclear power giants on Wednesday concluded a deal on a joint venture to promote China's third-generation nuclear reactor design, Hualong One, in overseas markets technologies. The Hualong international nuclear power ...