Wednesday 1 July 2015
 
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production

Sony to raise $3.6bn to boost sensor production

Sony Corp said it plans to raise up to 440 billion yen ($3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business. Sony said it expects to raise 321 billion yen from a public of

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Sony to raise $3.6bn to boost sensor production

Sony Corp said it plans to raise up to 440 billion yen ($3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business. Sony said it expects to raise 321 billion yen from a public of

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Surging aluminium output promises more pain ahead

Global aluminium production growth is on a surge again. True, the latest figures from the International Aluminium Institute (IAI) showed daily average output in May falling marginally from April's 158,100 tonnes to 157,800 ton

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Goodyear to shut down UK plant to cut costs

Goodyear Tire & Rubber Co, a leading tire maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs. Go

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Goodyear to shut down UK plant to cut costs

Goodyear Tire & Rubber Co, a leading tyre maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs. Go

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Emirates Steel logs solid production in 2014

Abu Dhabi-based Emirates Steel produced 0.55 million tonnes of heavy structural sections, 1.85 million tonnes of rebar and 0.4 million tonnes of wire rod during 2014 despite market challenges, its chief executive said. The company

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Emirates Steel logs solid production in 2014

Abu Dhabi-based Emirates Steel produced 0.55 million tonnes of heavy structural sections, 1.85 million tonnes of rebar and 0.4 million tonnes of wire rod during 2014 despite market challenges, its chief executive said. The company

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Libya's oil production at 500,000 bpd

Libya's oil production at 500,000 barrels per day (bpd), according to the state-run National Oil Corporation, the country's Lana news agency reported from Tripoli.   The figure is slightly higher than the

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GM to lay off workers, cut production at US plant

General Motors Company will lay off 100 workers and cut production at its Orion Assembly small-car plant in suburban Detroit because of slow sales, the company said. This is in addition to the 160 layoffs GM announced last Novembe

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GM to lay off workers, cut production at US plant

General Motors Company will lay off 100 workers and cut production at its Orion Assembly small-car plant in suburban Detroit because of slow sales, the company said. This is in addition to the 160 layoffs GM announced last Novembe

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