Industry News

Whole Foods Market to open its new shopping market in orange county

Whole foods market to open its new “365 by Whole Foods” store in Orange County

Kansai Paint to Acquire Helios Coatings Group

Kansai Paint Co. Ltd to acquire 100% shares of Japanese company Helios Group.

Technip and FMC shareholders voted in favour of their business combination

The shareholders of FMC Technologies Inc. and Technip S.A. have voted to approve the proposed business combination of Technip and FMC Technologies.

Sumitomo Chemical Signs Joint Venture Deal with Zeon

Sumitomo Chemical Co., Ltd., to set up a new joint venture company with Zeon Corporation to integrate their respective Solution Styrene Butadiene Rubber (S-SBR) business

Daikin Starts Production of its Air Conditioners in Texas

Daikin’s subsidiary Goodman Mfg. Co. is in the process of moving all its U.S. operations to the Texas campus.

Canadian Solar Secured Funds for Yamaguchi Shin Mine Solar Plant in Japan

Canadian Solar has 597MW of utility scale projects in late-stage development in Japan already and this project would drive the Lithium-ion battery market globally, which is require for power back-up

Beckatt Solutions added EnvisionTEC 3D printer to its Product Range

Beckatt solutions will provide EnvisionTEC 3D printer for processing variety of biomaterials.

Nissan Testing Self-Driving Cars in Japan

The Japanese car manufacturer has started testing self-driving cars for towing vehicles

Parker Hannifin Corporation Plans to Acquire Clarcor Inc.

Parker Hannifin Corporation enters into an acquisition agreement with filtration company Clarcor Inc., to expand its portfolio of industrial filters.

China and New Zealand Ink Signs New agreement on Organic Standards

China and New Zealand have signed a new agreement on the organic standards to recognize each other’s’ agricultural product certifications.

Saudi Arabia and Kuwait to Resume Oil Production in Neutral Zone

The starting of production from the shutdown fields would drive the demand for enhanced oil recovery market, globally

Cronovo Introduced World’s First Smallest EKG Feature Enabled Smartwatch

Cronovo smartwatch will turned out to be a game changer in smartwatch market

Mitas Add Five New Tire Sizes to its Harvester Tire Line

The tire subsidiary of Trelleborg Group, Mitas, has extended its range of Cyclic Harvesting Operation (CHO) with new tire sizes

Mitsubishi to Set Up ExxonMobil’s Polyethylene Production Train in the US

Mitsubishi Heavy Industries Ltd. to support the production of ExxonMobil’s polyethylene plant through supply of various systems.

Premium Brands Completes Acquisition of Three Specialty Food Producers

Premium Brands Holding Corporation a producer and distributor of specialty food products, has acquired Island City Baking and Conte Foods.

OPEC’s Plan to Cut Crude Oil Production Surges Asian LNG price to USD7.40/MMBtu

The reduction of crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) countries would boost the Asian LNG price, thereby influencing the LNG market, globally

American Green Announced New Features to its American Green Machine

American Green has selected M2SYS for Biometric technology to complete its systems integration with the American Green Machine

China to Build EV Charging Infrastructure in Guangdong Province

Guangdong National Development and Reform Commission in China is investing in the electric vehicle charging infrastructure under 13th Five Year Plan

Ma'aden to Build a New Phosphate Fertilizer Manufacturing Complex in Saudi Arabia

Ma'aden to invest USD6.4 billion for the construction of phosphate manufacturing complex

Arima Decides to Shift to AlGalnP Infrared LED Chips from Nitride Blue LEDs

Arima Optoelectronics Corp. has shifted their production to aluminum gallium indium phosphide (AlGaInP) LEDs to avoid price-price competition in the blue LED segment.