Sweden-based food processing company AAK has agreed to acquire the Turkish frying oil brand Frita from Unilever. Frita is engaged in the frying oil segment in Turkey and covers a significant part of the local Food Service market. The ...
Epistar Corp (Taiwan’s largest manufacturer of LED epiwafers and chips) is to issue 174.612 million new shares (worth NT$10 each, totalling NT$1746.12m) to acquire fellow Taiwanese LED epiwafer and chip maker Formosa Epitaxy Inc ...
Tags: LED epiwafers, LED chips
Taiwan-based vertically-integrated LED firm Lextar Electronics has reported consolidated revenues of NT$1.355 billion (US$45 million) for June, the highest monthly figure ever with growth of 7.35% on month and of 5.02% on year. Lextar had ...
Tags: Lextar revenues Topics:Lextar updates Companies:Lextar Electronics
Taiwan-based LED packaging service provider Unity Opto Technology has invested NT$1.23 billion (US$40.8 million) to set up production capacity for LED light bulbs, tubes and lamps and will gradually expand monthly capacity from one million ...
Tags: Opto Technology, LED Lighting, LED
Dongkuk Steel Mill Co., one of South Korea's leading steelmakers, plans to become a global supplier of high-end steel products as part of efforts to brush off tough competition with Chinese and Japanese rivals, South Korea's media said on ...
Tags: Metallurgy, Mineral, Steel
Cloetta has signed a letter of intent with Coop Sweden to provide a brand new Pick & Mix concept, under which it will be responsible for product range, racks, merchandising in Coop's stores. Under the deal, Cloetta will also deliver a ...
Tags: Agriculture, Food, confectionery, confectionery market
Global supply of high-end LED chips is short of demand by 20-30% currently, according to chairman Lee Biing-jye of LED epitaxial wafer and chip maker Epistar. Despite the shortage, Epistar will not hike quotes for high-end LED chips and ...
Inventec has seen an improvement in the operations of three PV subsidiaries, company chairman Richard Lee said at its 2014 shareholders meeting on June 12. The three subsidiaries are crystalline silicon solar cell maker E-Ton Solar Tech, ...
Tags: Inventec, PV subsidiaries
Solar wafer maker Green Energy Technology (GET) and cell maker Gintech Energy have announced the establishment of a PV module joint venture, Gintung Energy, with an initial paid-in capital of NT$370 million (US$12.3 million). GET and ...
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
The Asia to Europe arbitrage window for methanol will remain shut in the third quarter of 2014 on expectations of higher export volumes from the Middle East and stronger Chinese demand that would soak up Asian supplies, sources said late ...
Tags: Methanol, natural gas
The global aluminium market has seen a remarkable improvement in its fundamental outlook, Bank of America Merrill Lynch said in a research note Thursday. "The improvement in market balances has perhaps been most outstanding for aluminium, ...
Tags: Aluminium, aluminium market
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
Monsoon rains limited Indian buying of Indonesian thermal coal, while lending restrictions muted demand from China, market sources said on Friday. An Indian end user said buyers had refrained from purchasing imported cargoes because of ...
Tags: Thermal Coal, Limited Demand
Truck and engine maker Navistar International reports a second quarter net loss of $297 million, or $3.65 per diluted share. That's an improvement from the second quarter of 2013, when the company reported a net loss of $374 million, or ...
Tags: Transportation, Truck, Engine