Ever since established in 1974, YIYI Enterprise Co., Ltd. has been dedicated to developing and manufacturing membrane-related products, keypads and printed circuit boards, giving the company over 40 years of engineering and manufacturing ...
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DXP Enterprises Inc has sold Vertex Corporate Holdings Inc, a master distributor of industrial fasteners, to Houston Wire & Cable Co (HWC). DXPE received approximately US$31.0 million in net cash proceeds, subject to customary transaction ...
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British gin exports have increased in value by 166% since 2000, with exports to the US rising by 553% in the last decade, according to the Wine and Spirit Trade Association's (WTSA) latest annual spirits report. The report details the ...
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Macao in southern China -- renowned as Asia's Las Vegas -- has tabled plans to become a hub to make traditional Chinese medicine more standardized and scientific and to further develop it to enable its products to be sold around the world. ...
Tags: Medicine, Chinese Medicine
Valmet will supply an extensive board machine and automation rebuild for Arkhangelsk Pulp & Paper Mill (PPM) in Russia. The project for the board machine 2 (BM 2) is a continuation to the pre-engineering project executed by Valmet earlier ...
India based flexible packaging company Uflex has introduced collar type twin head four servo driven form-fill & seal (FFS) machine to help increase packaging efficiency for customers. Featuring two heads for forming and filling pouches of ...
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US firm JBT has signed an agreement to acquire Tipper Tie from Dover for around $160m. Based in Apex of North Carolina, Tipper Tie provides protein processing and packaging solutions, and related consumables to the food industry. The ...
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Trioplast Industrier has divested its business in conversion of cardboard and plastic bags, Ekmans Jönköping, to Schur International. The take-over takes place October 1, 2016. For Trioplast Industrier is the divestment of ...
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PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
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Schaeffler has signed a multi-year strategic partnership agreement with IBM to speed up the digital transformation of its entire operations and customer solutions using Watson’s cognitive intelligence and insight from billions of ...
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US-based Catbridge has expanded its converting machinery product line with the introduction of a new modular duplex slitter rewinder system. The company has developed new 900-M duplex center winder for flexible packaging industry. ...
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
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BASF has started planning for the construction of a new world-scale plant for vitamin A in Ludwigshafen, Germany. The new facility will increase BASF’s total annual production capacity of vitamin A by 1,500 metric tons. Reference ...
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Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB