Transaction enables Permasteelisa to join forces with an industry leader in China and benefit from complementary strengths LIXIL further optimizes resources for sustainable growth TOKYO-Monday, August 21st 2017 [ AETOS Wire ] (BUSINESS WIRE)-- LIXIL Group Corporation (LIXIL Group) (TOKYO:5938), a global leader in the housing and building industry, today announced that it has decided to sell 100% of the shares of Permasteelisa S.p.A (Permasteelisa) held by its major subsidiary LIXIL Corporation to Grandland Holdings Group Limited (Grandland), a leading Chinese architectural design and construction company. The transaction is subject to customary closing conditions and regulatory approvals, including in China, the United States and Russia. Under the terms of the agreement, the base sale price for Permasteelisa is EURO 467 million. As a result of this transaction and the deconsolidation of Permasteelisa from LIXIL Group, LIXIL Group’s revenue for the full fiscal year ending March 20 ... Read more »

Un projet de 1,5 milliard de dollars prendra forme à Dubaï Wholesale City Dubaï, Émirats Arabes Unis-Mercredi 23 Août 2017 [ AETOS Wire ] Son Altesse Cheikh Mohammed bin Rashid Al Maktoum, Vice-président, Premier Ministre des Émirats Arabes Unis et Souverain de Dubaï, a dévoilé le projet du Dubaï Food Park (DFP) ("Parc Alimentaire à Dubaï"), le dernier ajout à Dubai Wholesale City (DWSC). Le projet sera développé au coût de 1,5 milliard de dollars, et s'avère la première destination au Moyen-Orient consacrée au service du secteur alimentaire. DFP cherche à renforcer la position de Dubaï en tant que centre régional pionnier pour le commerce alimentaire, l'importation, l'exportation et la réexportation de produits alimentaires. Conceptualisé à un moment où le commerce des aliments représente 11% du PIB des Émirats Arabes Unis, il est prévu que l’industrie alimentaire augmentera de 70% pour atteindre 6,3 milliards de dollars d'ici 2030. DFP offrira également toutes les catégories de ... Read more »

US$1.5 billion project to take shape at Dubai Wholesale City Dubai, United Arab Emirates -Wednesday, August 23rd 2017 [ AETOS Wire ] His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has unveiled the blueprint for Dubai Food Park (DFP), the latest addition to Dubai Wholesale City (DWSC). To be developed at a cost of US$1.5 billion, first destination in the Middle East dedicated to serving the food sector. DFP seeks to enhance Dubai's position as a leading regional hub for food trade, import, export and re-export of foodstuffs. Conceptualized at a time when food trade makes up 11 percent of the UAE's GDP and the food industry is estimated to grow by 70 percent to US$6.3 billion by 2030, the Park will offer all categories of food wholesale services to meet the high demand of the food sector in the UAE and the wider region. DFP will span over 48 million square feet within DWSC, the largest wholesale hub in the world ... Read more »

Lahore, Pakistan-Monday, August 21st 2017 [ AETOS Wire ] English language teachers from public sector schools in Punjab were awarded internationally recognised Cambridge English certificates at a ceremony in Lahore, attended by the Minister of Higher Education Syed Raza Gillani. Sixty six teachers completed training courses run by Institute of Career Development (ICD) as part of a pilot project with the Higher Education department, earlier this year, and were presented with their certificates by Mr Ramiz Haddadin, a senior representative of Cambridge English which is part of the world-leading University of Cambridge. Mr Haddadin praised the teachers for their commitment to updating their skills and congratulated ICD and the Government of Punjab on this excellent initiative which will benefit not just the teachers, but generations of students. “Cambridge English exists to help millions of people learn English and prove their skills to the world,” explained Mr Haddadin. “Our qualifica ... Read more »

‘Falcon Oil, a Deep Conversion Refinery, with a capacity of 100,000 barrels per day will propel Pakistan’s journey towards prosperity’: Waqar Ahmed Khan, Chairman WAKGroup Joint venture to usher in a new era of collaborations between business giants from Pakistan & China Dubai, United Arab Emirates -Tuesday, August 22nd 2017 [ AETOS Wire ] WAK Group, a Pakistani Conglomerate with varied interests especially in the Oil and Gas Sector, and Guangdong Electrical Design Institute ("GEDI"), an energy industry leader in engineering, procurement and construction (EPC) solutions singed a historic EPC agreement to engineer, design and construct a state-of-the-art Falcon Oil refinery at KP Pakistan. The futuristic oil refinery is a deep conversion and has a capacity of producing up to 100,000 barrels per day of deep. The total contract value amounts to approximately USD 3.58 Billion. The project is expected to be completed in 30 months after commencement of work. The landmark agreement wa ... Read more »

Study results indicate patients utilizing the PREVENA™ Incision Management System had a 30 percent decrease in opioid use during post-operative recovery and reduced surgical site occurrences SAN ANTONIO-Tuesday, August 22nd 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Recent results published in the American Journal of Perinatology demonstrated the reduction of post-surgical wound complications in obese patients undergoing cesarean delivery with closed incision negative pressure therapy (ciNPT) using the PREVENA™ Incision Management System. The paper titled, “Closed-Incision Negative-Pressure Therapy in Obese Patients Undergoing Cesarean Delivery: A Randomized Controlled Trial,” found that patients had a significant reduction in post-operative pain and narcotic use and experienced reduced surgical site occurrences (SSOs) when receiving ciNPT compared to standard-of-care (SOC) dressing. “This compelling new data suggests that negative pressure wound therapy may be used to reduce post-ope ... Read more »