AkzoNobel today announces it has declined a third unsolicited, non-binding and conditional proposal submitted by PPG Industries on April 24, 2017, for all outstanding ordinary shares in the capital of AkzoNobel. AkzoNobel has concluded its own strategy, presented on April 19, 2017, offers a superior route to growth and long-term value creation and is in […]
March 2017 HARIBO of America Inc. is pleased to announce that the HARIBO Group’s management and supervisory board have taken the decision to acquire a property in Kenosha County, South East of Wisconsin (USA). The world market leader in the fruit gum and liquorice segment is planning to set up its first production site in […]
Danone and NestlĂ© Waters, the world’s two largest bottled water companies, have joined forces with Origin Materials, a startup based in Sacramento, California, to form the NaturALL Bottle Alliance. Together, the three partners aim to develop and launch at commercial scale a PET plastic bottle made from bio-based material, i.e. 100% sustainable and renewable resources. […]
HOUSTON– Exxon Mobil Corporation (NYSE:XOM) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revolution, Darren Woods, chairman and chief executive officer, said Monday. The projects, at 11 proposed and existing sites, are expected to generate thousands […]
Philadelphia, PA — CROWN Embalagens Metálicas da AmazĂ´nia S.A. (CROWN Brazil), a joint venture of Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) and Évora S.A. of Porto Alegre, Brazil, has partnered with Coca-Cola to introduce a 220ml sleek style beverage can to local consumers. Produced at Crown’s plant in Cabreuva, the sleek style format addresses […]
Dubai, UAE; GE (NYSE: GE) and Aluminium of Greece (AOG), a Mytilineos Group subsidiary, today signed a 10-year agreement in Dubai, the United Arab Emirates, to implement global first-of-their-kind digital smelter solutions for AOG to enhance its aluminium smelting process and contribute to increased operational efficiency and productivity. The digital solutions are a significant step […]
WASHINGTON, D.C. – To help keep infants and babies safe, the U.S. Consumer Product Safety Commission (CPSC) has approved a new federal mandatory standard intended to improve the safety of infant sling carriers and prevent deaths and injuries to young children. Infant sling carriers are worn by the parent or caregiver and are designed to […]
ATLANTA – BRUSSELS – The Coca-Cola Company (NYSE: KO) and Anheuser-Busch InBev (“AB InBev”) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (“CCBA”) for 3.15 billion USD, after customary adjustments. CCBA includes the countries of South Africa, Namibia, […]
SHANGHAI — Johnson Controls, the global leader in automotive battery manufacturer, is expanding its production capacity of Absorbent Glass Mat (AGM) batteries for start-stop vehicles in China to support the rising market demand. Johnson Controls recently launched new production lines for AGM batteries in its Changxing Plant, Zhejiang province facility. The plant’s current AGM battery […]
BOSTON, MA (USA) – September 6, 2016 – GE (NYSE: GE), the world’s leading digital industrial company, today announced plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for $1.4 billion. Both companies will report into David Joyce, President & CEO of GE Aviation. Joyce will lead the […]
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