Plastic packaging company Takween Advanced Industries has signed a memorandum of understanding (MoU) with Saudi’s Savola Group to acquire its plastics and packaging business for an undisclosed amount. As part of the deal, Takween ...
Tags: Takween, packaging business, Packaging
South Korea based vehicle manufacturer Ssangyong Motor has signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute (KATECH) to cooperate in development of a self-driving car. Under the deal, both ...
BMW has signed a memorandum of understanding (MoU) with Samsung SDI to extend its collaboration battery cells supply for electro-mobility. Under the deal, Samsung SDI will provide battery cells for the BMW i3, BMW i8 and additional hybrid ...
Tags: BMW, Samsung, Auto Parts
South Korean steelmaker POSCO and China-based Chongqing Iron & Steel have signed a memorandum of understanding for a $3.3 billion investment in China, according to media reports. The agreement will cover POSCO's own steelmaking technology ...
Tags: Metallurgy, Mineral, Energy, Iron, Steel
Indian state West Bengal (WB) is all set to submit a memorandum to the Center, in a bid to make jute packaging compulsory. West Bengal Labor Minister Purnendu Bose was quoted by Press Trust of India (PTI) as saying, "Jute packaging ...
Tags: Jute Packaging, West Bengal
On June 13, the Indian industry body ASSOCHAM called on the Indian Minister for Commerce and Industry Nirmala Sitharaman and submitted a memorandum, strongly suggesting the imposition of a 30 percent export duty on iron ore pellets in the ...
Tags: Iron Ore Pellets, steel capacity
Australia and China to increase co-operation on mergers regulation The Australian Competition and Consumer Commission (ACCC) and the Ministry of Commerce of the People's Republic of China (MOFCOM) have signed a memorandum of understanding ...
Tags: Agriculture, Food, Business
The Tirupur Exporters' Association (TEA) is in favour of extension of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to the garment sector. At a Pre-Budget consultations meeting with Finance Minister Arun Jaitley ...
The government of Kano state in Nigeria has invested N2 billion for importing machinery and equipment to be installed in 44 new garment factories that are being set up across the state, Kano Governor Rabiu Musa Kwankwaso, has said, ...
The Bhabha Atomic Research Centre (BARC), through its Centre for Incubation of Technologies (BARCIT), has signed a memorandum of understanding (MoU) with India-based Veena Industries for using its technology in developing biodegradable and ...
Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...
Tags: LNG Import Terminal
Thirty-three Lower Mainland drayage companies have filed a lawsuit against Port Metro Vancouver and the federal government over the recent dispute resolution with the port’s container truckers. The trucking companies claim that the ...
Tags: Container Truck, Trucker
Australia-based Aquila Resources Limited has announced that it has received a A$1.42 million takeover offer from Baosteel Resources Australia Pty Ltd (Baosteel) and Australian rail and logistics company Aurizon Operations Limited (Aurizon) ...
Tags: Baosteel, Aurizon, Aquila Resources
India-based steelmaker Essar Steel has announced that it has entered the European plate market with an order for 1,200 mt of quenched and tempered steel plates, making the first shipment of 600 mt to Turkey for building tipper bodies for ...
The Greek textile industry has been severely affected by the rising energy costs in the country, which has led to increasing imports of textiles from countries like China, and the Government needs to take necessary action to resolve this ...
Tags: Textile Industry, Energy Costs