Digitech Venture Capital Fund, along with technology incubator Seed Sumo and Jason Calacanis, have invested in CarForce, a company that develops connected cars. CarForce was founded by a former eBay Motors executive and has a stellar ...
Tags: Digitech Venture Capital, CarForce
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
ConAgra Foods has acquired the packaged foods businesses of Frontera Foods and Red Fork for undisclosed amounts to expand its portfolio. The acquisition includes the Frontera, Red Fork and Salpica brands. However, Frontera-branded ...
Tags: ConAgra Foods, Frontera Foods, Red Fork, acquisition
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
ExxonMobil will hold its annual meeting of shareholders on Wednesday, May 25, 2016. Media access will be provided to authorized representatives of commercial news organizations who pre-register by Friday, May 20, 2016. Please note, only ...
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the ...
ExxonMobil today announced plans to increase production of ultra-low sulfur fuels at its Beaumont refinery by approximately 40,000 barrels per day, further strengthening its integrated downstream portfolio while meeting environmental ...
Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service. It is anticipated that the board of directors of ...
Tags: Alan Kelly, retirement, Bryan Milton
Projects to focus on solar and battery technologies, plasma physics and Arctic sea-ice modeling ExxonMobil has committed $5 million toward Princeton partnership for new energy research ExxonMobil engaged in similar energy ...
Tags: ExxonMobil, Princeton University, new energy research projects
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its shareholders elected Angela Braly to its board of directors. Braly is the former chairman, president and chief executive officer of health insurance ...
Researchers in the USA have grown two-dimensional (2D) layers of gallium nitride (GaN) using a graphene encapsulation on silicon carbide (SiC) substrate [Zakaria Y. Al Balushi et al, Nature Materials, published online 29 August 2016]. The ...
Tags: 2D GaN, graphene encapsulation, SiC
Shell Chemical Appalachia LLC (Shell) has taken the final investment decision to build a major petrochemical complex, comprising an ethylene cracker with polyethylene derivatives unit, near Pittsburgh, Pennsylvania, USA. Main construction ...
Tags: Shell Chemical Appalachia LLC, final investment decision
Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva