Krones acquires German company

Krones has purchased 100% of the stock in HST Maschinenbau GmbH

Nordson Kreyenborg launches support cart for gear pump and screen changer

The compact single support cart for gear pump and screen changer from Nordson Kreyenborg speeds deployment and maintenance

SABIC invests on state-of-the-art cogeneration plant at U.S. facility

SABIC'S Innovative Plastics Business located in Mt. Vernon, Indiana announces major investments to produce a state-of-the-art cogeneration (CoGen) plant along with streamlining technology for the chemical production process which will result in substantial greener solutions.

Loos Family Winery gets award for breakthrough technology

The patent-pending technology enhances wine-making, brewing processes.

McCormick announces top flavours and trends

Exotic flavours make it to top five.

Syngenta hosts strategic crop update in Brazil

The company focuses on soybean, speciality crops and sugar cane.

TRUMPF buys Chinese Mechanical Engineering Company

TRUMPF has acquired a majority stake of about 72% in the Chinese machine tool producer Jiangsu Jinfangyuan CNC Machine Co. Ltd. (JFY).

Steel industry outlook

According to Zacks Equity Research, world steel demand is expected to increase 3.3% to 1,523 Mt driven by a further pickup in global steel demand with the developed economies increasingly contributing to growth.

Indonesia’s steel import value up 43.5% in Sept from Aug

According to the data announced by Statistics Indonesia (BPS), in September this year the value of Indonesia's steel imports increased by 43.5 percent compared to the previous month, accounting to US$730 million, while the country's import value for articles of iron and steel rose 4.6 percent month on month to US$357.5 million.

Latest steel plant projects in South East Asia

The South East Asia Iron and Steel Institute (SEAISI) said that the ASEAN (Association of South East Asian Nations) region is a significant net importer of steel products, pointing out that the region is not self-sufficient in supply, particularly for semi-finished and flat steel products.

ADB helps Asia become more productive

The Asian Development Bank (ADB) has urged governments in Asia to undertake national as well as regional actions to reap the full benefits of integration initiatives like the ASEAN Economic Community (AEC) and be in a strong position to face global economic volatility going forward, says a new report from the Asian Development Bank (ADB).

Sumitomo acquires 2nd phase of aluminium smelters in Malaysia

Sumitomo Corp. (SC) has entered into a share purchase agreement with Press Metal Berhad (PMB) for acquisition of a 20% share in the second phase of the aluminium smelting project in Sarawak, Malaysia. Capacity is 320,000 metric tonnes per year, and is anticipated to be completed by the end of 2013.