Industry News

Hanita Coatings to be Acquired by Avery Dennison

Avery Dennison has signed an agreement to acquire Israel based Hanita Coatings for the purchase price of USD75 million

LG electronics, Launched New Air Purifier in Global market

Electronics major, LG, added a new segment to its air care brand, PuriCare

America’s First Offshore Wind Power Plant Commenced Operation

The increasing offshore wind power plant across the globe will positively influence the power & distribution transformer market, globally.

Precise Biometric Acquired NexID Biometric

Precise Biometric entered agreement to acquire spoof mitigation and liveness detection solution provider

Uber to Launch Self-Driving Cars in San Francisco

US based Aggregator Uber Inc. plans to launch Self-Driven Cars

Lotte Chemical to Increase Ethylene Production Capacity in South Korea

Lotte Chemical Corporation to expand production capacity at its Yeosu plant with an investment of around USD217 million.

Chow Tai Fook opens First Store in United States

The company opens its first jewelry retail outlet in New York

Qatar Government is Planning to Merge Qatargas and RasGas

With the increasing merger of LNG producers, the market of LNG is expected to surge in near future

Google Acquires Smartwatch OS Startup Cronologics

Cronologics Team will join Android wear division

Qingdao Doublestar Tire Co. Ltd. Introduces 'Safe Tire'

China based Qingdao Doublestar Tire Co. has extended its tire portfolio after a constant R&D for two years

Evonik to Acquire J.M Huber Corporation’s Silica Business

The company has signed an agreement to acquire the silica business of US based Huber Engineering Materials in 2017

Osram Launches IR Topled D5140 LED for Fitness Bands Sensor Applications

Osram introduces new package platform for large-area photodiodes.

Global Electric Vehicle Infrastructure Market is set to Expand by the end of 2021

Growing partnership between companies would drive the market for EV infrastructure

Gemalto Acquired 3M Identity Management Business for USD850 Million.

Gemalto enters an agreement with 3M Identity Management Business to provide biometric technology in commercial market.

Honda Set to Construct Another Automobile Production Plant in China

The new plant by Honda is anticipated to have an annual production capacity of 120,000 units after its completion in the first half of 2019

INEOS Styrolution Plans to Expand Production of ABS/ ASA at Altamira Plant

The Company intends to increase the production capacity of its Styrene copolymer plant.

GE Introduces a Suite of Connected LED Products

GE launches a new range of LED lamps with all Alexa’s Capabilities

Google Aims to Operate on 100% Renewable Energy Sources by 2017

The growing energy consumption from renewable energy would surge the Lithium-ion batteries demand globally

Starbucks to use Artificial Intelligence in Upcoming 12,000 Cafes

Starbucks will use artificial intelligence in Ordering App

Google Plans to Launch Drone Delivery Service

Google’s parent company Alphabet, soon to use drones for delivery