Saudi Arabia-based food producing firm Savola Group has agreed to sell its packaging unit Savola Packaging group to Takween for $242.46m (910m Saudi Riyals). The complete purchase price will be financed through a syndicate of Saudi banks, ...
Tags: plastic containers, barrels, bottles, covers, Agriculture
Williams Partners is expecting ethylene production for sale to begin this month at its Geismar plant as commissioning efforts for the project near completion. “This commissioning effort has been especially challenging after the ...
Hyundai Motor will build two factories in China this year, increasing its manufacturing units in the country to five. The two new plants will be built at Cangzhou, Hebei province and Chongqing in southeast China. Each plant is ...
Tags: Hyundai Motor, Car-Making Plants, Auto
China's central government is now centralizing efforts to foster development in the nation's panel component and materials segments in an effort to develop more comprehensive supply chains in the nation following issued subsidies to local ...
Tags: Upstream Display, LED Display
LED epitaxial wafer and chipmaker as well as LED packaging service provider Lextar Electronics have received orders for LED light tubes with urgent shipments, according to the company. LED chip prices began to slip in the third quarter of ...
In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light
China-based smartphone vendor Xiaomi Technology is likely to adopt sapphire for protective covers of Xiaomi 5, its 5.7-inch flagship model that will be showcased at the 2015 Consumer Electronics Show, Taiwan-based supply chain makers cited ...
Tags: Xiaomi, industry sources, Lights
For many LED makers, 2014 has been a challenging year, with performance in the first and second halves of the year very polarized for many, notes Roger Chu, research director of LEDinside (a research division of TrendForce). Lighting market ...
Tags: LED Makers, Entry Level, Electrical
Chivas Brothers, the Scotch whiskey and premium gin unit of France-based Pernod Ricard, is planning to triple production capacity at its Glenlivet Distillery. The company had applied to the Cairngorms National Park Authority for ...
Tags: gin, whiskey, Agriculture
Australia-based compostable resins, films, bags and custom finished products provider Cardia Bioplastics has expanded the manufacturing operations of its six new film extrusion and bag making lines in its new purpose built factory in ...
Tags: resins, films, bags, Agriculture
Uform has won at the annual Ireland Kitchen Trade Guide Awards, where it was named Supplier of the Year 2014-2015. Uform has come a long way since its foundation twenty one years ago. Established in 1993, the company has grown from ...
Tags: Kitchen Trade, Furniture
China-based LED packaging house MLS has set up a Taiwan subsidiary in a bid to launch LED light tubes and bulbs in the Taiwan market at retail prices 30% lower than market levels in 2015, according to the company. MLS plans to expand its ...
Tags: LED Lighting, LED Packaging
American beverage alcohol company Constellation Brands has finalised the joint venture agreement with Owens-Illinois (O-I) and also completed the acquisition of Anheuser-Busch InBev SA/NV's (ABI) glass production plant located next to ...
Tags: Constellation, beverage alcohol
US-based establishment Jack's Abby Brewing is planning to build a new brewery in downtown Framingham, Massachusetts. The move will enable the company to expand its production capacity that will be enough to cater to the growth in ...
Tags: Jack's Abby Brewing, Brewery
The global production value for LED-acklit tablets in 2014 is estimated at US$476 million, slipping on year by 21.7%, and that for LED-backlit LCD TVs is at US$2.39 billion, decreasing by 14.3%, according to LEDinside. In terms of other ...