Advantis has unveiled plans to purchase an advanced and large machine from N2Pack, as part of its efforts to improve its operational efficiencies. Currently, the company is negotiating with N2Pack to acquire more advanced Amstercan ...
Tags: Packaging Machine, packaging
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
China plans to seal free trade agreements with 40 percent of the countries and regions along the Belt and Road Initiative in 2017, officials said on Tuesday. The nation had already established FTAs or is in talks with 25 countries and ...
Tags: FTA, Belt and Road
Nordic Sugar, which supplies sugar in the North European market, is halting the production of Fibrex and Fipec at its Swedish factory in Kopingebro. The company said that after 30 successful but challenging years on the fiber market, the ...
Tags: Fiber Products, Nordic Sugar
Stora Enso has finalized the co-determination negotiations regarding the consolidation of manufacturing of corrugated packaging in Finland. Stora Enso’s corrugated packaging plant in Heinola will be closed permanently and packaging ...
Tags: Stora Enso, Corrugated Packaging
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Econolite Group has started negotiations with Savari to partner on accelerated deployment of connected and automated vehicle technologies and solutions with a focus on vehicle-to-infrastructure (V2I) safety applications. The two companies ...
Tags: Econolite Group, Automated Vehicle
Finnish meat processor Atria has gained access to lucrative Chinese pork market, as the authorities grant license for the company to start exports. Atria said that it has received official confirmation of the pork export license to China. ...
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
On October 22 local time of Brazil, State Grid Brazil Holding Co. (SGBH) and ANEEL signed the Concession Agreement of Brazil’s Belo Monte Phase II UHV DC Transmission Project for a period of 30 years. It not only marks the project ...
Tags: SGBH, ANEEL, Concession Agreement, Belo Monte Phase II
Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...
Tags: drilling results, Liza-2 well, significant oil discovery
ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...
Tags: ExxonMobil, InterOil, transaction
Finland-based pulp and paper manufacturer Stora Enso is planning to consolidate its corrugated packaging manufacturing in Finland to its Lahti facility. The consolidation plan is part of the company’s plan to improve profitability ...
Tags: Stora Enso, consolidation, Lahti plant
General Mills announced that it has reached a final decision to close its manufacturing facility in Vineland, New Jersey. The company said the facility will close by the first quarter of fiscal 2018. On July 21, the company announced a ...
Tags: General Mills, facility close
While Chinese ferrosilicon offers remained high from rising Chinese semi-coke prices, offers heard have moved lower in Japan on thin trade, sources said. The Chinese 75% Si ferrosilicon price assessment was unchanged week on week at ...
Tags: ferrosilicon, semi-coke