XCMG rolls out three new excavators for Indian market
(adsbygoogle = window.adsbygoogle || []).push({}); XCMG, a Chinese multinational heavy machinery manufacturing company, has introduced three new excavators designed especially for the Indian market. Launched More...
Sodexo invests in Chinese corporate catering platform Meican
Sodexo through its strategic venture capital vehicle, Sodexo Ventures, has invested in corporate catering platform Meican to further strengthen food services of Sodexo, and boost the Chinese food service industry. Meican More...
Brother Enterprises to acquire Lanxess chrome chemicals business for $93m
Lanxess, a US-based specialty chemicals company, has signed an agreement to sell its chrome chemicals business Lanxess CISA to Chinese leather chemicals producer Brother Enterprises for €83.05 million ($93.06 More...
KKR to acquire 70% stake in NVC Lighting’s Chinese lighting business
KKR , through its Asian Fund III, has agreed to acquire a stake of 70% in NVC Lighting’s Chinese lighting business (NVC China) for a total equity value of around $794 million. NVC Lighting will own the remaining More...
Anbang Insurance to sell stake in Chinese health insurer Hexie Health
Insurance acquisition news : Chinese government-controlled Anbang Insurance Group will sell its entire interest in Hexie Health Insurance, a Chinese health insurance company for an undisclosed amount to multiple More...
Sasol opens new alkoxylation plant in Nanjing, China
South African chemicals company Sasol has officially opened its new alkoxylation plant in Nanjing, China , which is expected to more than double its production capacity of alkoxylation in the region. Sasol alkoxylation More...
L-GA launches MultiVita C365 series in candy form in China
Korean confectionery company L-GA has launched candy-type MultiVita C365 series in China. MultiVita C365 is packed with vitamin C, which is required for connective tissue formation and also vitamin B2, which is More...
Fluor bags contract to build new Valvoline lubricants facility in China
Fluor has bagged an engineering, procurement, and construction management (EPCM) contract for a new Valvoline lubricants facility in China. The new blending and packaging facility will come up on nearly 20 acres More...
Saudi Aramco to build $10bn petrochemical project in China
Saudi Aramco, the Saudi Arabian national petroleum and natural gas company, will form a joint venture with Chinese entities NORINCO Group and Panjin Sincen, called Huajin Aramco Petrochemical, to build a $10 billion More...
Alibaba’s new hotel runs on robot hospitality
Featuring human-less check-ins, facial scans and voice-controlled rooms, e-commerce giant Alibaba has unveiled its first “future hotel” in China. Grace Lee reports. Source: reuters window.__ventunoplayer More...