Canada-based Baffinland Iron Mines Corporation (Baffinland) has announced that it has received the final regulatory approval to begin the first phase of extraction of iron ore in the Mary River project. Baffinland, 50 percent owned by ...
Tags: Iron Ore, Baffinland
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
Canada's total crude oil output is expected to reach 3.9 million b/d in 2015, some 500,000 b/d more than the current output, driven primarily by small in-situ oil sands developments, each typically 35,000-40,000 b/d, an industry official ...
Tags: Oil Output, oil sands
B&G Foods, a US-based manufacturer of branded shelf-stable foods, has signed a deal to acquire Specialty Brands of America from American Capital and certain individuals for $155m in cash. Specialty Brands of America is a packaged food ...
Tags: B&G Foods, Specialty Brands, Evercore Group
Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...
The Shanghai Futures Exchange is ready to roll out the country's first yuan-denominated crude oil futures, which it hopes will become a benchmark in Asia before gaining global influence. Yang Maijun, the bourse's chairman, said foreign ...
Transcontinental, a Canada-based media and marketing activation solutions provider, has signed a deal to takeover Capri Packaging, a division of dairy firm Schreiber Foods, in a $133m deal. The acquisition, which is subject to regulatory ...
Tags: dairy, Agriculture, Food
Milner Milling, privately owned milling business in Tennessee, is set to takeover Cereal Food Processors, one of the leading flour milling companies in the US, for an undisclosed sum. The company plans to work with its sister company, ...
Tags: Cereal Food Processors, acquisition, retail trade businesses
Facebook, in a major push to expand its business on smaller screens, has agreed to buy the mobile messaging app WhatsApp for US$16 billion, the companies said Wednesday. Facebook plans to pay $12 billion in shares and $4 billion in cash ...
Two Indiana coal companies have received state regulatory approval for new or extended mining operations that could produce an additional several million short tons of high-sulfur steam coal annually for the US electric utility market, a ...
Tags: Coal Production, Mineral
US-based flexible packaging company Bemis has signed an agreement with Hood Packaging to sell its paper packaging division. As part of the deal, Hood Packaging will acquire offices and manufacturing facilities of the division, situated in ...
On February 2,2014,Sulzer signed an agreement for the acquisition of a 75%stake in Saudi Pump Factory with Nabil Al Hashim,the owner and founder of the company. The agreed purchase price for the 75%stake is CHF 33 million.Closing of the ...
Tags: Pump, Sulzer.Saudi Pump
Edwards Lifesciences has received regulatory approval to sell its third-generation Sapien 3 transcatheter aortic heart valve in Europe. Edwards Lifescience's Sapien 3 could be used in a broader range of patients than earlier TAVR ...
Tags: Sapien, Medtronic', CoreValve
Covidien has announced that its Japanese subsidiary, Covidien Japan, received Shonin approval from the Japanese Ministry of Health, Labor and Welfare for its Endo GIA reinforced reload with Tri-Staple technology. This approval extends ...
Tags: Covidien, Tri-Staple technology, Endo GIA
January 15, 2014 Sophie Langley Mundella Foods has been acquired by China-based Bright Food Group China’ Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the ...
Tags: Bright Future, Mundella Food, Wa Cheese, international interest