Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
German authorities have raided Audi’s offices and homes of several officials over the emissions test cheating scandal by its parent firm Volkswagen. The authorities allege that Audi engineers and managers might have installed the ...
The European Commission has approved German plans for an infrastructure network for charging electric vehicles throughout the country. The German government plans to invest €300m over four years to the increase access to high-speed ...
Tags: EU Approval
US-based Addivant has introduced next-generation linear low-density polyethylene (LLDPE) packaging solution, which based on the firm’s nonylphenol-free stabilizer Weston 705. The new solution can be used in food packaging ...
Tags: LLDPE Packaging, Packaging
In Germany, customers are being notified in a two-step process. In the first step, all affected owners received a letter agreed with the authorities back in spring, notifying them that their vehicles are affected by the modification. Now ...
Tags: Volkswagen, vehicles
Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
Daimler is planning to open a new facility in Russia for the production of Mercedes-Benz cars. At Esipovo Industrial Park, about 40 kilometers northwest of Moscow, a flexible production of SUVs and the E-Class Sedan will be established. ...
Tags: Daimler Plans, Passenger Car
UK's not-for-profit company The On-Pack Recycling Label (OPRL) has modified its guidance for plastic pots, tubs and trays and aluminium foil to indicate that the materials are now widely recycled by councils at the kerbside. Used across a ...
Tags: Foils, Plastic Trays
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
The European Commission has presented guidance for member states to crack down on automakers violating diesel emissions regulations. The guidance will help member states assess if car manufacturers use defeat devices or other strategies ...
Tags: Automakers, diesel emissions
The major problems facing China's agricultural sector are structural ones, mainly on the supply side, according to the document by the Central Committee of the Communist Party of China and the State Council. The document calls for ...
China aims to increase domestic crude oil output to 200 million tonnes by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters, according to plans published Thursday. China will add 1 billion tonnes of proven ...
Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...
Tags: Volkswagen, Diesel Emissions
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy