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Related Keywords: applications for the hospitality, Glen Raven Inc. Company, Industry, market, strategic business partners, Sunbrella fabrics, Sunbrella Textile Mills, Sunbury Textile Mills, upholstery fabric, wholly owned subsidiary

Glen Raven Inc., a provider of performance fabrics, has acquired Sunbury Textile Mills, a 63-year-old city business at 1150 Walnut Street Extension. With the acquisition complete, Sunbury is a wholly owned subsidiary of Glen Raven and is now operating as part of Glen Raven Custom Fabrics, LLC, best known as the makers of Sunbrella fabrics.

Related Keywords: based in Shanghai plans to acquire BPs, China Petroleum and Chemical Corp, deal expected to close before year end, fifty percent stake, Gaoqiao Petrochemical, in SECCO Petrochemical, purchase price payable in installments, Sinopec, wholly owned subsidiary

China Petroleum & Chemical Corp’s (Sinopec) wholly owned subsidiary Gaoqiao Petrochemical based in Shanghai plans to acquire BP Plc’s 50 percent stake in SECCO Petrochemical for $1.68 billion. The deal is expected to close before yearend with the purchase price payable in installments.

SECCO is currently owned by BP, with a 50% interest, Sinopec (30%), and Sinopec Shanghai Petrochemical (20%), in which Sinopec holds a majority interest.

Related Keywords: apparel, incorporating new overseas subsidiaries, integrated producers of suiting fabric, invest to set up garmenting facility, invest USD five million, largest branded fabric and fashion retailers in India, launch its products, Raymond Ltd, SSAL in Sharjah, trading of textile, West Asian and African Markets, wholly owned subsidiary

Raymond Ltd one of India's largest branded fabric and fashion retailers and one of the leading, integrated producers of suiting fabric in the world informed BSE today that the company has recently sought internal approvals for incorporating new overseas subsidiaries as it plans to launch its products in the West Asian and African markets through its subsidiaries.

The company will make investment of up to USD 5 million, in one or more tranches.