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2 Sisters Food Group to Close Smethwick Poultry Plant in UK

Jun 7, 2017

2 Sisters Food Group is closing its Smethwick poultry plant in the West Midlands, UK, which will result in the loss of several jobs. The 2 Sisters Food Group, which is owned by food tycoon Ranjit Boparan, revealed that the poultry factory ...

Tags: 2 Sisters Food, poultry

Turkmen Meat Producer Taze Ay Receives EBRD Funding to Expand Production

Oct 11, 2016

The European Bank for Reconstruction and Development (EBRD) has granted $ 560,000 loan to Turkmen meat producer Taze Ay, as part of its efforts to support the private small and medium-sized enterprises in the country. EBRD, along with the ...

Tags: EBRD, Taze Ay, grant

Mango Names Toni Ruiz as CFO & Member of The BOD

Feb 2, 2015

Mango, Spain’s leading international fashion brand, has appointed Toni Ruiz as the Chief Financial Officer (CFO) and as the new member of its Board of Directors, effective mid-February. Toni Ruiz, 45, has a degree in Business ...

Tags: financial management, international level, Apparel

Lucchini Has Received a New Binding Offer From Indian Steel Producer JSW Steel

Sep 16, 2014

On the evening of Thursday, September 11, Italian steelmaker Lucchini informed SteelOrbis that it has received a new binding offer from Indian steel producer JSW Steel for its core assets in Piombino, Tuscany and is currently considering ...

Tags: JSW Steel

Rhodium Recover From a Selloff Early in The Week

Jun 23, 2014

Midweek buying by speculators and some commercial customers helped rhodium recover from a selloff early in the week, leaving price levels virtually unchanged week on week Friday. The Platts New York Dealer rhodium price range narrowed to ...

Tags: Rhodium Price, PGM refiner

ISO 14001 Is Known as a Generic Management System Standard

Apr 11, 2014

ISO 14001 sets out the criteria for an environmental management system. It does not state requirements for environmental performance, but maps out a framework that a company or organization can follow to set up an effective environmental ...

Tags: ISO 14001 Standard, certification

Bemis Plans to Close Its Pressure Sensitive Materials Manufacturing Facility in U.S.

Mar 5, 2014

Bemis plans to close its pressure sensitive materials manufacturing facility located in Stow of Ohio, US. To improve its market competitiveness and to better its position in pressure sensitive materials business for long-term growth, the ...

Tags: Sensitive Materials, Packaging

Radicigroup Is Refocusing on Its Core Nylon Business (PA Synthetic Fibres) in Brazil

Jan 20, 2014

RadiciGroup, one of the world’s leaders in the polyamide 6 and 6.6 industry, is refocusing on its core nylon business (PA synthetic fibres) in Brazil. It has suspended Crylor acrylic fibre production at its Brazilian site Radici ...

Tags: Acrylic Fibre, RadiciGroup

Shadab Textile Expects an Extended Period Due to Market of Yarn and Rising Input Costs

Jan 13, 2014

Even as the Pakistan’s textile industry is upbeat after receiving GSP Plus status from European Union, there are some firms like Shadab Textile Mills which are expecting an extended period of low profitability due to depressed local ...

Tags: textile industry, Shadab Textile

YRC Worldwide Hopes to Borrow $1.15 Billion to Refinance Its Debt

Jan 9, 2014

One of the world's largest LTL carriers, the financially-troubled YRC Worldwide, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News. Bloomberg News reports the deal, led by Credit Suisse Group AG, includes a ...

Tags: Trucking News, Trucking, Truck Giant

Who's in Charge of Indebted Chinese LED Manufacturers?

Jan 8, 2014

At the end of 2013, a new list of bankrupt Chinese LED lighting manufacturers was published. Industry sources estimate more than 10,000 people have been impacted by the bankruptcy wave. Frustrated workers and angry investors have hunt down ...

Tags: LED Manufacturers, LED Lighting

MCS Increased The Potential Distance Between Them and Their Competition Based Fashion Plm

Jan 8, 2014

MCS, formerly known as Marlboro Classics, has increased the potential distance between them and their competition through their recent implementation of the WFX Cloud based fashion product lifecycle management (PLM). MCS, formerly part of ...

Tags: Textile, Garment

KARL MAYER Will Acquire The Majority of The Ownership of LIBA Maschinenfabrik GmbH

Nov 29, 2013

KARL MAYER will acquire the majority of the ownership of LIBA Maschinenfabrik GmbH, which in the future will be integrated into the KARL MAYER group.For decades KARL MAYER and LIBA have been the leaders in the development, manufacturing and ...

Tags: Textile

Interbike Parent Is Reporting a Sales Increase of 16 Percent to $7.1 Billion

Nov 27, 2013

Onex Corp., which owns Interbike, Outdoor Retailer and Bicycle Retailer, is reporting a sales increase of 16 percent to $7.1 billion in its third quarter compared with the same period of the prior year. However, the company notes that the ...

Tags: interbike, report, revenue, capital, growth

South Stream Gas Pipeline Construction Was Advancing Steadily

Nov 19, 2013

The Gazprom Management Committee took note of the information concerning the progress with the South Stream gas pipeline construction. It was pointed out that the project was advancing steadily. Intensive efforts are being made in all of ...

Tags: Gazprom, South Stream, advancing

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