It is anticipated the acquisition agreement with Bow Energy will be implemented on 11 January 2012, subject to Australian court approval at a final hearing scheduled for 22 December 2011. Australian and Chinese regulators have already ...
Tags: Bow Energy, acquisition agreement, Arrow
“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
Shell’s Upstream business in Denmark are not impacted by this agreement. Separately, Shell is seeking a buyer for its Fredericia refinery. The sale is subject to regulatory approvals and is expected to complete in 2015. Details of ...
UK-based packaging firm DS Smith has completed the acquisition of Portugal based corrugated producer Gopaca for undisclosed amount. Employing approximately 135 people, the Gopaca is engaged in production of corrugated packaging and has ...
Tags: packaging, Corrugated packaging
Dutch components manufacturer for material handling systems, Qimarox has introduced a new standard stretch hood machine. The new packaging machine, an addition to the company’s range of material handling components, can be ...
Tags: Qimarox, Stretch-Hood Machine
The price war among Chinese TV manufacturers which has been raging for nearly four years is finally approaching a truce. The first company to cease fire was Le Holdings Co Ltd. On Monday, the company announced it would raise the prices of ...
Tags: TV, LCD panels
Chinese-backed electric vehicle developer BYD America has launched the industry’s first all-electric, long-range electric garbage truck, a project jointly developed with Wayne Engineering, the Iowa-based refuse industry equipment ...
Tags: Electric Garbage Truck, BYD
Corrugated packaging company Smurfit Kappa is set to exhibit its complete system of Bag-in-Box packaging solutions at Goodwine trade show in Romania. The event will take place from 25 to 27 November in Romexpo, Bucharest. The Bag-in-Box ...
Tags: Smurfit Kappa, Packaging
Growing number of Chinese smartphone makers are raising investments in OLED panels, including BOE Technology Group and six other major local players have constructed new factories and invested in total more than 2 trillion Japanese Yen (US ...
Tags: OLED Market, LCD
Iraq's parliament has passed a bill for a complete ban on the sale, import and production of alcohol. The law entitles the state to fine Iraqi dinars 25m ($21,000) for anyone violating the alcohol ban. However, the parliament ...
Tags: Alcohol, alcohol ban
A jury returned a unanimous verdict in favor of Playboy Enterprises against Play Beverages and CirTran Beverage, awarding Playboy $7m in damages. Iehab Hawatmeh is a principal of the defeated Play Beverages and CirTran Beverage, as well ...
Tags: Cirtran Beverage, Play Beverages
Otto and Anheuser-Busch have completed the world's first commercial shipment by self-driving truck. With support from the state of Colorado, Otto's self-driving truck hauled a fully loaded trailer of Budweiser beer more than 120 miles on ...
Tags: Otto, Self-Driving Truck
Bosch Packaging Technology has introduced two new machines in order to provide better packaging services for the pharmaceutical industry. The company launched new Sigpack VPF vertical flat pouch machine and Sigpack HML horizontal flow ...
Tags: Bosch, Packaging, Pharmaceutical Industry
Husky Injection Molding Systems, a industrial technology provider to the plastics processing community, will return to exhibit at Gulfood Manufacturing event scheduled to be held from 7-9 November in Dubai. Husky’s booth (E46, Hall ...
Tags: Husky, injection Molding
Clondalkin Kirchberg, the Swiss subsidiary of the Clondalkin Group, has unveiled tactile printing technology to make products stand out and increase their sale chances. The company claims to have successfully integrated tactile features ...