[By NBC-1TV H. J Yook]Today, Addivant announced the completion of its first stage of a series of capacity expansions at its production facility at Pyongtaek, South-Korea. The capacity of ALKANOX® 240, phosphite antioxidant has been increased by 40%. Further expansion is currently under progress and is scheduled to be completed by early 2015. “This expansion is part of the overall Addivant 2018 strategy to invest and strengthen our global manufacturing sites to be in the position to meet our customers growing demands for polymer additives. Polymer production is expected to continue to expand ah
[By NBC-1TV H. J Yook]Edwards Limited, a leading manufacturer of sophisticated vacuum products and abatement systems and a global provider of related value-added services, introduced today its STP-iXA4506 large-capacity turbomolecular pump (TMP), designed to deliver significant savings for cost-sensitive manufacturers of semiconductors, flat panel displays, LEDs and solar panels. “The new STP-iXA4506 turbo pump is the all-in-one solution with improved pumping performance,” states Shinichi Yoshino, TMP Product Marketing Manager, Edwards. “It pairs Edwards’ latest rotor design with the well-esta
[By NBC-1TV H. J Yook]Singapore Airshow - Bombardier Aerospace announced today that a customer, who has requested to remain unidentified at this time, has signed a letter of intent to purchase up to 12 CRJ900 NextGen regional jets. Based on the list price for the CRJ900 NextGen aircraft, a firm order for up to 12 CRJ900 NextGen aircraft would have a value of approximately $563 million US. “A key factor contributing to our customer‘s CRJ900 NextGen regional jet selection is the ongoing improvements to the aircraft’s cost efficiency. Recent enhancements to the aircraft allow it to offer up to 5.
[By NBC-1TV H. J Yook]Arkadin, one of the world's largest and fastest-growing Collaboration Service Providers, today announced the acquisition of consulting and hosting service provider implement.com. A key Microsoft partner, Seattle-based implement.com specializes in project-focused consulting services for Microsoft technologies, and delivers a range of Unified Communications(http://www.chinookcommunications.com/)-as-a-Service solutions through its Chinook Communications division. Arkadin will benefit from honed unified communications expertise and an advanced hosted collaboration service pla
[By NBC-1TV H. J Yook]Today LG Electronics (LG) introduced the LG G Pro 2, its follow-up to the award-winning G Pro, to the Korean public. Much like last year’s G Pro, which was recognized as the Best Smartphone of MWC 2013, the G Pro 2 comes equipped with a state-of-the-art display and new UX features to take user convenience to the next level. With a stunning 5.9-inch Full HD IPS display and extra slim bezel of 3.3mm, the G Pro 2 offers an industry-leading screen-to-frame ratio of 77.2 percent. A thicker, high-power 1W Hi-Fi sound that’s 30 percent louder than in the G Pro delivers clearer s
[By NBC-1TV H. J Yook]InMobi, the world's largest independent mobile advertising company, today announced its network growth numbers for the period ending December 31, 2013. InMobi now reaches 759 million active users per month through their mobile devices, providing advertisers with the largest global reach, after Facebook. These 759 million anonymous profiles on the InMobi network span 165 countries, bringing a truly global audience to advertisers. “According to IDC, smartphone shipments are expected to pass one billion for the first time in 20141. Mobile has become the foundation of peoples
[By NBC-1TV H. J Yook]IIG Trade Finance (www.iigtradefinance.com) is pleased to announce that it has completed a pioneering securitization of non-bank Latin America-based trade finance loans. The resulting Cayman Islands-based company, Trade Finance Funding I, Ltd., has issued $220 million of Collateralized Loan Obligations (CLO) that were structured, arranged and placed by Deutsche Bank Securities (www.db.com/index_e.htm), Inc. (“Deutsche Bank”) and will be managed by The International Investment Group L.L.C. (www.iigcapital.com), an SEC Registered Investment Advisor. Trade Finance Funding I,
[By NBC-1TV H. J Yook]According to recent studies by Freedonia, the imports of ball bearings in the Middle East are worth a total of $240 million. As a result, and based on Rolman World's profits, Rolman World accounts for 8% of the total market share of the ball bearing market in the Middle East. Rolman World serves the automotive, agriculture, transport, oil & gas, food processing, and steel and cement industries and offers a comprehensive range of industrial and automotive bearings from global brands such as NSK, Timken, FYH and IKO. Since its establishment, Rolman World has continued to gr
[By NBC-1TV H. J Yook]Exelis (NYSE: XLS, http://goo.gl/c4kNj) will showcase its industry-leading aerospace, defense and security technologies at the 2014 Singapore Air Show (www.singaporeairshow.com) (@SGAirshow) at the Changi Exhibition Centre Feb. 11 - 16. Exelis will be located in the U.S. Pavilion at stand R767, and at chalet C22/24. “We are excited to strengthen existing relationships and develop new ones during the Singapore Airshow. Because it is the leading aviation and aerospace event in Asia, our participation is critical to support our growing international business in the region,”
[By NBC-1TV H. J Yook]The Este Lauder Companies Inc. (NYSE:EL) announced today that Guillaume Jesel has been named to the newly created position of Senior Vice President/General Manager, Global Corporate Innovation. Mr. Jesel will transition from his current role as Senior Vice President, Global and North America Marketing for M·A·C Cosmetics to his new position, effective March 31, 2014. In his position, Mr. Jesel will report to Carl Haney, Executive Vice President, Global Research and Development, Corporate Product Innovation, Package Development for The Este Lauder Companies. Mr. Jesel will