“The sale is consistent with Shell’s strategy to concentrate its Downstream footprint on a smaller number of assets and markets where it can be most competitive,” said John Abbott, Shell Downstream Director. ...
Tags: Shell, Idemitsu, shareholding
BMW is planning to invest up to €500m on new car technologies over the next 10 years via its i Ventures division. The automaker will use the money to back startups working on areas including autonomous driving and digitalisation, and ...
Tags: BMW, BMW i Ventures
Beverage industry veteran Edward (Ed) Maletis' Limnes Bottling Acquisition Company has completed the acquisition of historic Portland Bottling Company from its existing ownership group, including majority shareholder Harry Merlo. The ...
Tags: Ed Maletis, Bottling
Canada-based Viterra has opened a new grain terminal at Ste. Agathe in Manitoba province, in a bid to expand its services for the farmers in the region. The new facility holds a capacity to store about 30,000t of grains. It also has 34 ...
Tags: Viterra, grain terminal
SIO, an ADM company, will present a new range of innovative products and capabilities at CPhI 2016 in Barcelona. “Possessing more than 100 years of experience, SIO has a proud history of meeting the needs of pharmaceutical customers ...
Tags: SIO, CPhI 2016, pharmaceutical oil
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and ...
Tags: Exxon Mobil, donation, American Red Cross, Greater Baton Rouge Food Bank
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 75 cents per share on the Common Stock, payable on September 9, 2016 to shareholders of record of Common Stock at the close of business on August ...
3,183 visitors came aboard the double decker bus, which kicked off its tour at Toy R Us's Southampton store. The Crayola Bus Tour came to an end on September 3rd, which enjoyed fantastic consumer response with 3,183 visitors coming aboard ...
Hammer Packaging has recently installed a Speedmaster XL 106-8+L from Heidelberg to increase capacity and improve productivity. The new peak performance press replaced an older competitive press, and will run alongside two existing ...
The Crayola Bus Tour will stop at various retailers across the country as the popular children's arts and craft brand celebrates '100 years of colour'. Crowds of over 500 members of the public have already stepped aboard an exclusive ...
German luxury vehicles maker Bayerische Motoren Werke (BMW) has broken on a new plant in Mexico. Guests attending the official ceremony in San Luis Potosí included Rogelio Garza Garza, Undersecretary of Industry and Commerce at the ...
Tags: BMW, innovative technologies
Ametek Prestolite Power, a manufacturer of lift truck battery chargers and fleet management solutions, has developed an opportunity charging solution specifically for the food and beverage supply chain that reduces downtime, which is ...
Tags: Ametek Prestolite Power, Charging Solution, Perishable items
After 100 years of family ownership, Thomas J Fudge’s has secured investment from mid-market private equity business Livingbridge as it aims to establish itself as the UK’s premium biscuit brand. Founded in 1916 by Thomas J ...
Tags: Thomas J Fudge, Investment, Livingbridge, Biscuit
Spun-off from SPX Corporation in September 2015, SPX Flow, Inc. was formed to pursue a more flow-focused strategy and capitalise on the organisation's strengths for the global food and beverage, power and energy and industrial markets. SPX ...
Tags: SPX FLOW, Nuclear Power Industry