Power & Energy
Algerian state-owned energy company Sonatrach has reportedly inked agreements with Italy’s Eni and France’s Total for the first oil explorations off the Mediterranean coast at the North African country. As per trusted sources, the new deals include an exclusive collaboration for offshore exploration in Algeria. …
Manufacturing & Construction
Reports indicate that hundreds of workers at the Bridgend plant of Ford, that makes Jaguar cars’ engines are being paid to stay at home for a week. Apparently, a shutdown for five days has been taking place in the company as it is halting production …
Manufacturing & Construction
Reports confirm that India’s first inland waterways container movement post-independence is scheduled to start with a consignment of PepsiCo. As stated by the officials of Inland Waterways Authority of India (IWAI), the company would be transporting 16 containers on an inland waterways vessel from Kolkata …
Food & Beverages
Starbucks Japan has reportedly revealed their first set of drinks for this year’s holiday season. After recently thrilling customers with its Halloween Witch and Halloween Princess collection, the beverage giant is back with a new range, featuring the taste of gingerbread and Christmas cakes. As …
Technology
Food and beverages giant, PepsiCo India is reportedly betting on digitization, as a part of its growth strategy and to bring in transparency between its huge customer and retailer base in the booming Indian market. As per an official statement, PepsiCo, the maker of Lay’s, Kurkure and various …
Consumer Goods
Sainsbury’s, UK’s second largest chain of supermarkets, has recently announced that it is entering into a partnership with a high-street fashion brand Oasis. Reportedly, the company plans to open five concessions in store by the coming spring. According to sources, two Oasis concessions are expected …
Power & Energy
Italian natural gas transmission company, Snam has signed a MoU (memorandum of understanding) with China’s leading natural gas distributor and supplier, Beijing Gas Group Co Ltd. Through this collaboration, both companies plan to work together to study future opportunities in natural gas and biomethane storage …
Chemicals & Materials
KolonOLON BASF innoPOM Inc., the joint venture formed between BASF and Kolon Plastics has commenced operations at its new, 70,000 metric tons per year capacity polyoxymethylene (POM) production facility in Korea’s Gimcheon city. The construction of the plant had begun in April 2016 and took …
Technology
Finnish telecom equipment manufacturer Nokia has reportedly announced to have started the production of 5G equipment in India. As per trusted sources, the company might also start manufacturing IP and Optics product lines in the country. Reportedly, Nokia’s manufacturing facility in Chennai is making New …