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Siemens sets sights on mega power plant project in Indonesia

2015-10-12 20:43:21| Industrial Machines - Topix.net

SIEMENS INDONESIA, a unit of German engineering conglomerate Siemens AG, wants to strengthen its presence in Indonesia by aiming to participate in a major share of the government's ambitious 35,000-megawatt power-plant project through 2019. The company, which has invested over 200 million euros in Indonesia in the past two decades, will supply cutting-edge technology for the ambitious project as well as other energy or transportation projects, a top executive said.

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Infineon Sets Up Second Factory in China

2015-10-12 15:59:08| Semiconductors - Topix.net

Infineon Technologies plans to get closer to its Asian customers as it invests $300 million in its second factory in China, seemingly unconcerned about the country's slowing growth. Engaging an area of 36,000m2, the new facility will rise in Wuxi, near Shanghai, at the end of 2016.

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EIB sets new 35% target for climate lending in developing countries

2015-10-10 13:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The European Investment Bank (EIB), the worlds largest lender for climate related projects, will increase the proportion of its lending in support of climate related investment in developing countries from 25% to 35%. Speaking at a meeting of finance Ministers and multilateral financial institutions at the IMF -- World Bank annual meetings in Lima, Werner Hoyer confirmed that the European Investment Bank will increase climate lending in countries identified by the UNFCCC and the OECD as being...

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PACK EXPO Las Vegas sets new highs.

2015-10-09 14:31:11| Industrial Newsroom - All News for Today

According to show owner and producer PMMI, preliminary data for the 20th anniversary of PACK EXPO Las Vegas 2015 and co-located Pharma EXPO shows 4% increase in attendance over record PACK EXPO Las Vegas set in 2013. Event welcomed nearly 29,000 attendees who came to see 2,006 exhibiting companies in 844,510 net square feet of exhibit space. With more than 40 vertical markets represented, PACK EXPO and Pharma EXPO advance innovations and the cross pollination of ideas.

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Cambodia sets new minimum wage at US$140

2015-10-08 13:16:00| Daily apparel & textile news and comment - from just-style.com

Cambodia has set its new minimum wage for clothing workers at US$140 per month, a 9.4% increase on the current wage of $128 - but well below the $168 that unions had been seeking.

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