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Faurecia sets up new joint venture in China

French automotive parts manufacturer Faurecia has announced its new joint-venture with Liuzhou Wuling Industry, named Faurecia Liuzhou Automotive Seating, to develop, manufacture and deliver automotive seating products to serve SGMW affiliated OEM brands and other customers.

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Clariant to gain from sale to Stahl

Clariant AG, one of the world’s leading specialty chemical companies, is to gain a dividend payout from a joint venture following its minority stake in its former leather chemicals business which it sold to Stahl.

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TFL Quinn receive Indo-German commerce award

At the 58th Annual General Meeting of the Indo-German Chamber of Commerce in Mumbai on September 24, TFL Quinn India received an award for outstanding export performance by an Indo-German Joint Venture in 2014, which was handed over to Trikutam Durga Prasad, Managing Director of TFL Quinn India Pvt. Ltd. 

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