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Groupe PSA to Set up Vehicle Assembly Facility in Namibia
Mar 19, 2018French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...
Tags: Groupe PSA, Opel vehicles
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Cargill Invests in Pea Protein Producer Puris
Jan 19, 2018Cargill has invested in Puris to accelerate pea protein production for North American and global markets. With the rapid rise in consumer demand for plant-based protein, Puris, the largest North American producer of pea protein, and ...
Tags: Cargill, pea protein
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Hilton Forms JV to Supply Meat Products to Sonae Stores in Portugal
Jan 10, 2017Hilton Food Group has entered into an agreement with Sonae Modelo Continente to form a 50/50 joint venture for the supply of packaged meat products to Sonae stores in Portugal. The joint venture will supply a range of packaged beef, lamb, ...
Tags: Hilton, Meat Products
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Hilton Food to Deliver Packaged Meat to Portuguese Market
Jan 9, 2017Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
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Shell and Cosan Reaffirm Commitment to Brazil Sugar, Ethanol and Fuels Distribution Businesses with Revised RaíZen Joint Venture Agreement
Dec 8, 2016John 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 ...
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Volkswagen, SOVAC to Manufacture Vehicles in Algeria
Nov 30, 2016Volkswagen 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
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Ajinomoto-Toyo Suisan Joint Venture to Roll out Instant Noodles in India
Oct 24, 2016Maruchan Ajinomoto, a Ajinomoto’s joint venture with Toyo Suisan Kaisha, has announced to begin production and sale of instant noodles in India next month. The joint venture between the two Japanese companies is looking to tap into ...
Tags: Ajinomoto, Instant Noodles
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Givaudan Opens Clove Leaf Oil Processing Plant in Madagascar
Oct 8, 2016Swiss flavour and fragrance company Givaudan in collaboration with Henri Fraise Fils has opened a new clove leaf oil processing plant in Tamatave, Madagascar. The plant named as NATEMA (Natural Extracts Madagascar) is a joint venture ...
Tags: Givaudan, clove leaf oil processing plant, Henri Fraise Fils
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Food Empire, Sweet Blossom Form JV
Mar 8, 2016Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
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China Firm Terminates Investment Plan in WD
Feb 27, 2016Western Digital has disclosed its agreement with Unisplendour (Unis), and Unis Union Information System (Unis Union), a subsidiary of Unis that agreed to make a US$3.775 billion equity investment in Western Digital, has been terminated by ...
Tags: Western Digital, SanDisk, storage
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Adidas Will Take Control of The Distribution and Licence Rights for The Reebok Brand
Mar 24, 2015The Adidas Group announced that in mutual agreement with Vulcabr S.A. it will take control of the distribution and licence rights for the Reebok brand in Brazil and Argentina, when the current joint venture agreement concludes at the end of ...
Tags: Adidas, Reebok, Sporting Goods
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Axalta and Kinlita Signed an Agreement to Form a Joint Venture in China
Jan 14, 2015Axalta Coating Systems and Shanghai Kinlita Chemical have signed an agreement to form a joint venture in China. Aimed at driving deep into China’s burgeoning commercial truck market, the agreement leverages Axalta’s position ...
Tags: Commercial Truck Market, economic development, Construction
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Constellation Brands Completes The Acquisition of Abi Glass Production Plant
Dec 19, 2014American beverage alcohol company Constellation Brands has finalised the joint venture agreement with Owens-Illinois (O-I) and also completed the acquisition of Anheuser-Busch InBev SA/NV's (ABI) glass production plant located next to ...
Tags: Constellation, beverage alcohol
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Sinopec Has Signed a Pact with KPC to Enhance Cooperation in The Oil and Refining Sector
Jun 5, 2014China's state-owned Sinopec said Wednesday it has signed a pact with Kuwait Petroleum Co to enhance cooperation in the oil sector, including refining. Sinopec, or China Petrochemical Corp., said the deal was signed Tuesday in Beijing in ...
Tags: Oil, Refining, Metallurgy, Mineral, Energy
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Delong Holdings Ltd Plans to Build a Flat Steel Mill in Thailand
Feb 28, 2014China-based steel manufacturing and trading group Delong Holdings Ltd has announced that its wholly-owned subsidiary Delong Steel Singapore Projects Pte. Ltd. (DSL) has entered into a joint venture agreement with three Thai-based companies, ...
Tags: new steel mill, carbon structural steel, production capacity