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financial troubles
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Idle Solar Cell Equipment to Be in High Demand
Dec 5, 2015Viewing that demand for crystalline silicon solar cells has been increasing, Taiwan- and China-based solar cell makers are expected to try their best to expand production capacities as soon as possible and consequently currently idle ...
Tags: Solar Cell, Crystalline Silicon
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Betta Foods Entered Into Administration to Save The Business by Selling It
Jan 28, 2015Melbourne-based confectionery company Betta Foods has entered into administration, in an attempt to save the business by selling it. Established in 1954, Betta Foods produces liquorice and marshmallow products under the Capricorn and ...
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Iconic Ernest Hillier Been Placed Into Voluntary Administration
Jan 20, 2015Australia’s oldest chocolate business, the iconic Ernest Hillier has been placed into voluntary administration, and a meeting with creditors will take place on Tuesday 20 January 2014. Hillier’s administrator, Bruno Secatore ...
Tags: chocolate business, Agriculture
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PV Makers Seeking Production Capacities Abroad
Oct 15, 2014China-based PV module makers and Taiwan-based crystalline silicon solar cell makers, in an attempt to avoid US anti-subsidization and anti-dumping tariffs, are seeking production capacities in locations outside of China and Taiwan, ...
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GTAT Applied for Bankruptcy Protection
Oct 10, 2014US-based sapphire ingot producer GT Advanced Technologies (GTAT) has applied for bankruptcy protection possibly because its HEM technology-based ingot growing process has seen much lower than expected yield rates at only about 40%, ...
Tags: GTAT, bankruptcy, sapphire ingot
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LDK Solar Has Obtained Syndicated Loans of CNY2 Billion From 11 Local Banks
May 28, 2014China-based polysilicon and solar wafer maker LDK Solar has obtained syndicated loans of CNY2 billion (US$321 million) from 11 local banks to ease its financial troubles, according to a report. State-run China Development Bank arranged ...
Tags: polysilicon, solar wafer
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The Co-operative Bank Is to Invest Another £500m in Upgrading Its It Systems
Nov 5, 2013The Co-operative Bank is to invest another £500m in upgrading its IT systems over the next three years as the Co-operative Group cedes control of its troubled bank to US hedge funds. The news was revealed as the Bank unveiled a ...
Tags: Computer Products, bank, software
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A New Potential Bidder for Furniture Brands Emerged at a Bankruptcy Hearing
Sep 13, 2013A new potential bidder for Furniture Brands International assets, which would include the purchase of the company's Lane business, emerged at a bankruptcy hearing here Wednesday, the Wall Street Journal reported. KPS Capital Partners, a ...
Tags: Furniture, Furnishing
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Worldwide Industrial Electronics Chip Revenue in The First Quarter Reached $7.71 Billion
Aug 16, 2013The market for semiconductors used in industrial electronics applications relished a better-than-expected first quarter as macroeconomic headwinds turned out to be less severe than initially feared, according to the latest Industrial ...
Tags: Electrical, Electronics, semiconductors
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Suntech Hopes to Continue Cooperation with Taiwan Solar Firms
Mar 29, 2013Executives from China-based solar firm Wuxi Suntech have visited Taiwan to hold talks with solar cell OEM firms. Wuxi Suntech hopes to continue cooperation with Taiwan-based solar firms while seeking alliances with South Korea-based firms ...
Tags: solar cell, solar firm, solar
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Seskaro Sag Filed for Bankruptcy on 9 November 2012 Just a Year After Reopening
Jan 10, 2013The management team of the Swedish sawmill operator Seskaro Sag filed for bankruptcy on 9 November 2012 just a year after reopening. Beyond the general problems that the Swedish sawmill industry has faced for some time, Swedish press media ...
Tags: management team, Swedish sawmill operator, Seskaro Sag, bankruptcy
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The China Government Has Been Eager to Develop and Expand Domestic Solar Demand
Jan 4, 2013The China government has been eager to develop and expand domestic solar demand because the solar supply chain faces anti-dumping and anti-subsidy investigations in international markets. This has caused China's state-owned enterprises to ...
Tags: China, China government, China market, demand government
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A US Court Will Review Bankrupt Japanese Chip Maker Elpida Memory's Planned Patent Deals
Dec 11, 2012Elpida had filed for bankruptcy protection in February this year A US Court will review bankrupt Japanese chip maker Elpida Memory's planned patent deals. In July this year, US based semiconductor firm Micron Technology had agreed to ...
Tags: bankruptcy protection, Elpida, memory chip, mobile devices
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Big Sky Farms Goes Bankrupt Due to High Feed Costs
Dec 4, 2012Canadian pork producer Big Sky Farms,which ran into financial troubles due to high feed costs,has entered into receivership and may be put up for sale. Feed costs in Canada have soared due to severe drought in the US. The company said ...
Tags: pork, financial troubles, feed costs, drought
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Many LED Firms in China Have Been Said to Face Production Suspension or Bankruptcy in 2011
Nov 27, 2012Continuously falling prices, unstable subsidies, and low demand in Europe have been causing China-based LED firms to face financial troubles. The LED industry continues to suffer with oversupply. Many LED firms in China have been said to ...
Tags: China LED lighting, LED lighting