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Akwel: Turnover for the 1st Quarter of 2021

Akwel: Turnover for the 1st Quarter of 2021

CHAMPFROMIER, France, May 7 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted consolidated turnover of €273.3m in the first quarter of 2021, virtually unchanged compared to the first quarter of 2020. However, activity remains down by -6.7% compared to the first [...]

Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture

Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture

ATLANTA, May 5 (Korea Bizwire) — On May 4, J.M. Huber Corporation (“Huber”) signed a definitive agreement with RHI Magnesita (“RHIM”) to acquire their 50% ownership stake in the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG (“MAGNIFIN”). This transaction is expected to close in the second half of 2021, pending regulatory approvals. [...]

2021 First Quarter Results

2021 First Quarter Results

London, May 5 (Korea Bizwire) — The following is an extract from the “CNH Industrial 2021 first quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF: CNH Industrial reports record first quarter. Consolidated revenues of $7.5 billion (up [...]

Align Technology Expands Global Operations to Support Growth and Adoption of the Invisalign System in EMEA with Plans for Multi-Million Dollar Manufacturing Facility in Wroclaw, Poland

Align Technology Expands Global Operations to Support Growth and Adoption of the Invisalign System in EMEA with Plans for Multi-Million Dollar Manufacturing Facility in Wroclaw, Poland

WROCLAW, Poland and TEMPE, Ariz. and ROTKREUZ, Switzerland, April 22 (Korea Bizwire) — Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company engaged in the design and manufacture of the Invisalign system, iTero intraoral scanners, and exocad CAD/CAM services for orthodontic and restorative dentistry, today announced plans to open a new manufacturing facility in [...]

Statement from CNH Industrial

Statement from CNH Industrial

London, April 17 (Korea Bizwire) – CNH Industrial confirms that it is has terminated discussions with FAW Jiefang with regard to the Company’s On-Highway business, and is continuing to pursue its existing plans for a spin-off of these activities in early 2022. CNH Industrial believes there are significant opportunities to develop its On-Highway business by accelerating [...]

CNH Industrial Announces Voting Results of Annual General Meeting and Publication of 2020 Sustainability Report

CNH Industrial Announces Voting Results of Annual General Meeting and Publication of 2020 Sustainability Report

London, April 15 (Korea Bizwire) - Today the Annual General Meeting (“AGM”) of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) approved the Company’s 2020 EU–IFRS Annual Report (including the Consolidated Financial Statements and Separate Financial Statements of CNH Industrial N.V.) and a dividend of €0.11 per common share (equivalent to a total distribution of approximately [...]

Tim Born Becomes Vice President, Oceania and South East Asia for Nikkiso Clean Energy & Industrial Gases Group

Tim Born Becomes Vice President, Oceania and South East Asia for Nikkiso Clean Energy & Industrial Gases Group

TEMECULA, Calif., April 13 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Tim Born has been appointed as the Vice President of Oceania and South East Asia Region. This important addition to our management team is in line [...]