Pakistan's Commerce Minister Khurram Dastgir Khan has claimed that his government is making some serious and well-planned efforts to increase value-addition in the textile sector to attract more shares in the regional and international ...
Tags: textile sector, Textile Exports
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Hyundai Motor has unveiled its latest subcompact SUV, the Kona, which will go on sale in Korea later this month. The new SUV will be introduced in Europe in August and the US market in December. Kona will join the company’s ...
Tags: Hyundai, Compact SUV
Pro Mach has acquired Italy-based labeling solutions provider P.E. Labellers for an undisclosed sum. Based in Porto Mantovano of Northern Italy, P.E. Labellers is engaged in the development and manufacturing of high-speed rotary and ...
Tags: Pro Mach, P.E.Labellers
US-based Danimer Scientific has agreed to develop biodegradable film resins to help PepsiCo’s global food and beverage business meet the sustainable flexible packaging requirements. As part of the deal, Danimer will develop the film ...
Tags: Danimer Scientific, Film Resins
Daimler Trucks North America (DTNA) held its biennial aftermarket conference ‘Evolution’ recently, with a focus on the company evolving to meet customer needs. The event is the only conference of its kind that includes all ...
Tags: Daimler Trucks, Customer Needs
Hyundai Motor has launched the All-new Azera (badged as Grandeur in the Korean market), its new range-topping premium sedan, in Korea. Hyundai Motor vice chairman and R&D Center head Woong Chul Yang said: “The All-new Azera is born ...
Tags: Hyundai Motor, Hyundai
Samsung recently announced its plans to acquire connected car tech firm Harman, in a deal worth $8 billion – the company's largest ever acquisition. The move prompted many to speculate that Samsung could use Harman audio technology ...
Tags: Samsung, smartphone
Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...
Tags: Samsung, Auto Parts
Samsung has acquired connected car tech firm Harman for $8 billion in what is the South Korean company's largest ever acquisition. Harman produces various types of connected technologies for vehicles, and Samsung, which relies heavily on ...
Tags: Samsung, Connected Car
Hyundai Motor has unveiled plans to construct a hub for big data at the Guian New Area – China’s national epicenter for big data. Starting operations in June 2017, the new facility will be Hyundai Motor’s first overseas ...
Tags: Hyundai Motor, Big Data Center
Copper indium gallium diselenide (CIGS) thin-film solar module developer Siva Power of San Clara, CA, USA has hired solar executive Bruce Sohn as vice-chairman of its board. Sohn was previously the key executive in the growth of cadmium ...
Tags: Siva Power, Bruce Sohn, vice-chairman
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
Dai Houliang has been named the new President, Director and Vice Party Chief of Sinopec Group. It was announced at the Sinopec senior executives' meeting on May 9. Brief Introduction Mr. Dai is a professor-level senior engineer with a ...
Tags: Dai Houliang, new President
President Y.C. Chu of Supertec Machinery (photo courtesy of UDN.com). Supertec Machinery Inc. supplies a wide range of high-caliber grinders, including cylindrical grinders, surface grinders, internal grinders, centerless grinders, and ...
Tags: Supertec Machinery Inc.