CHINA > Israel based IncrediBuild is set to open office in Chengdu, China

incredibuild logo Due to surge in local demand, Israel based IncrediBuild Software is set to open office in Chengdu, China. This is the second expansion of IncrediBuild into Asia followed by its expansion in Japan in 2016. Empowering 150000 global users to release faster, by accelerating compilations, testing and any other development process, IncrediBuild customers in China include the country’s largest telecom More …

CHINA > Germany based VW Group is investing $18 billion into Chinese Joint Ventures for Automotive Technology

VW logo To seek a competitive edge in producing battery- powered, autonomous vehicles, Volkswagen AG is set to invest $18 billion in China over the next five years. According to Chief Executive Officer of VW, Herbert Diess who recently replaced previous VW CEO Matthias Mueller: “We need to speed up. Change is getting faster, more dynamic and more ambitious, especially here in More …

CHINA > Germany based Thyssenkrupp Elevator opens a new plant and test tower in Zhongshan City, China

thyssenkrupp logo   Marking a major milestone in the company’s ambition, Thyssenkrupp Elevator opens its newest plant and test tower in Zhongshan City, China. Inaugurating the world’s highest elevator test towers in Zhongshan, China, Andreas Schierenbeck, CEO at thyssenkrupp Elevator said the following: “It is always our ambition to be close to our customers, and the testing process is important to ensure More …

CHINA > US based Cargill invests more than $15 million to add a piglet feed production line at its existing facility in Tianjin, China

Cargill logo To bolster its young animal nutrition capability, US based Cargill invests more than $15 million to add a piglet feed production line at its existing premix and nutrition facility in Tianjin, China. Featuring cutting edge technology, the nearly 7,000 square meter young animal nutrition facility is set to produce Neopigg™, a sustainable world-class piglet feed. According to John Fering, Managing More …

CHINA > Yip’s Chemical Holdings Limited buys most of the coatings portfolio of DGL Camel International in Hong Kong and Mainland China

Duluxgroup logo Following a strategic review of the DGL Camel coatings portfolio, DGL Camel International is set to sell most of its coatings portfolio to Yip’s Chemical Holding Limited.  The deal is expected to complete in the first half of the 2018 financial year. However the Selleys business in Hong Kong and China and a small part of the coatings portfolio will More …

CHINA > U.S based BASF opens its first chemical catalysts manufacturing plant in Caojing, Shanghai China

basf logo Opening its first facility in the Asia Pacific region, BASF – a worldwide leader in chemical catalysts manufacturing and supplies – opened its new world- scale chemical catalysts manufacturing plant in Caojing, Shanghai, China. To serve the region’s growing chemical industry, BASF plant in China produces base metal catalysts and absorbents that combine localized production and application technology for customers. More …

CHINA > Hilton Huizhou Longmen Resort opens in Longmen County, China

Hilton logo Hilton hotel opens its Hilton Huizhou Longmen Resort, the first Hilton property in China to feature natural hot springs, in Longmen County, China. The resort offers ultimate relaxation and hospitality in the south of China’s most picturesque destination. According to Sean Wooden, vice president, brand management, Asia Pacific, Hilton: “Rich woodland scenery and unique geothermal resources make Huizhou one of More …