Tag «Joint Venture»

ThyssenKrupp Elevator raises its stakes in Chinese joint-venture

  ThyssenKrupp Elevator increased its share in the joint-venture previously known as Marohn Elevator Co., Ltd. from 25% (since March 2011) to 51% effective August 11, 2015. ThyssenKrupp holding the majority, the joint-venture will be renamed Marohn ThyssenKrupp Elevator Co., Ltd. The joint-venture Marohn ThyssenKrupp Elevator Co., Ltd. will continue to design, produce, sell, install …

ThyssenKrupp to expand activities in Chinese growth market: Establishment of a joint venture to operate a new hot-dip coating line will strengthen market position with OEMs in southwestern China

The ThyssenKrupp Group is once again expanding its presence in the Chinese growth market: Under a new agreement, ThyssenKrupp Steel Europe will strengthen its market position in premium hot-dip coated sheet for the local automotive industry. The company already has operations in the country via a joint venture with Chinese steel producer Angang Steel – …

APAC startup platform moves beyond digital world: e-commerce impacts on community, education and employment

Singapore: October 2014 – From rural Nepal to the metropolis of Singapore, there are creative ways to strengthen e-Commerce – and thus local communities. The Asia Pacific Internet Group (APACIG) is the largest internet platform in Asia. The group launches technologies and start-ups in frontier markets and is home to some of the most renown e-commerce brands in …

Heads of Agreement signed regarding establishment of joint venture Koppert Biological Systems Oman LLC.

October 23, 2014 – the Netherlands Koppert Biological Systems in the Netherlands and Oman based Hassad Agricultural Investments LLC, have signed a joint venture agreement establishing Koppert Biological Systems Oman LLC. The agreement was signed on Wednesday 22 October in the presence of H.E. Sayyid Badr bin Hamad Al Busaidi, Secretary General for the Ministry …

US aerospace majors to increase outsource of component manufacturing to India

IACC delegation visits Aequs SEZ to explore investment opportunities Chennai, June 9, 2014: A 10-member delegation from the Indo-American Chamber of Commerce (IACC) today visited Aequs SEZ in Belgaum, Karnataka. The delegation, headed by Rabindra Srikantan, Chairman IACC, toured the facilities and held discussions on the capabilities, investment benefits and tax exemptions in the SEZ. …

Siemens and Mitsubishi Heavy Industries form joint venture for metals industry

• Strong partners with complementing technological competencies found joint venture • Existing regional organizations ideally complement one another • Structures tailored to global market requirements and the internationalcompetitive environment Siemens and Mitsubishi Heavy Industries (MHI) want to cooperate in the field of metallurgical industry and are forming a globally operating complete provider for plants, products …

BHP Billiton Opens Jimblebar Iron Ore Mine

April 23, 2014 ​BHP Billiton today celebrated the official opening of its new Jimblebar iron ore mine 40 kilometres east of Newman in the Pilbara region of Western Australia. BHP Billiton President Iron Ore Jimmy Wilson, was joined by the Premier of Western Australia, the Hon. Colin Barnett, and joint venture participants ITOCHU Corporation (ITOCHU) …

ThyssenKrupp to strengthen plant engineering and construction activities through planned joint venture for electrolysis business

As part of its Strategic Way Forward, ThyssenKrupp is strengthening its plant engineering and construction activities and now plans to expand its electrolysis plant business through a joint venture. Plant engineering and construction specialist ThyssenKrupp Industrial Solutions has reached an agreement with De Nora, an electrochemical technologies supplier based in Milan, to establish a joint …