Bow Board members have unanimously recommended shareholders vote in favour of the offer, in the absence of a superior proposal and subject to an independent expert concluding that the offer is in the best interests of Bow shareholders. The ...
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
Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with blending plants in Beijing, Xianyang of Shaanxi province and Wuxi of Jiangsu province. Shell acquired its 75% stake from Huo’s ...
Tags: Shell, Huo's Group, lubricant
Shell, which opened its first hydrogen fuel station in Germany in 2011, has today signed a declaration of intent with its H2 Mobility Germany joint venture partners and Germany’s federal transport minister, Alexander Dobrindt. It will ...
Tags: Shell, hydrogen station
Permitting continues for the proposed Elba Liquefaction Project, which consists of 10 small-scale liquefaction units to be purchased from Shell. They will be integrated with the existing Elba Island facility and enable rapid construction ...
As part of its funding arrangements, Shell is publically sharing information on Quest's design and processes to further global adoption of CCS. Quest draws on techniques used by the energy industry for decades and integrates the components ...
The sale covers Shell’s Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. It also includes a brand license arrangement and an exclusive ...
John Abbott, Shell’s Downstream Director, said: “Low-carbon, sustainable biofuels play an important role today and will be required long term for heavy duty and long distance transport. We are pleased with Raízen’s ...
Volkswagen Group has signed a contract with SOVAC for vehicle assembly in Algeria. In the presence of the Algerian Minister of Industry Abdessellam Bouchouareb, Volkswagen Commercial Vehicles Board of Management Member responsible for ...
Tags: Volkswagen, Commercial Vehicles
Volkswagen has unveiled its Transform 2025+ strategy, further detailing the company's plans for the decade ahead. This plan aims to reduce the capex ratio and the development cost ratio to a competitive level in the next few years – ...
Tags: Volkswagen, Electric Car
The millionth vehicle has been built at Beijing Benz Automotive Co (BBAC). This joint venture between Daimler and BAIC has been in place for over ten years and undertook tremendous development over the last decade. Daimler Greater China ...
Tags: Mercedes-Benz, BAIC Group
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...
Tags: Huhtamaki, Flexible Packaging
Japanese car-maker Nissan said that it will end the production of Tsuru in Mexico in May 2017. The popular Tsuru, with more than 2.4 million sales to date, has provided accessible, economical and dependable mobility for drivers across ...
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...