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Manufacturing & Construction

Kemin expands Gummidipundi facility to boost production potential

Paroma Bhattacharya March 26, 2019
Kemin Industries, a multinational ingredient maker focused on enhancing the quality of life for over half the world’s population, has recently declared the expansion of its production plant in India, based in the SIPCOT (State Industries Promotion Corporation of Tamilnadu) industrial estate.  If reports are …
Consumer Goods

Moglix onboards Unilever to pilot iCAT for contract management

Paroma Bhattacharya March 26, 2019
Moglix has launched iCAT – an intelligent contract automation tool that enables its clients to consolidate and automate large number of contracts. Moglix, a B2B commerce and procurement software startup, has onboarded Unilever, one of the world’s largest FMCG company, to create a cloud-based contract …
Life Sciences

Thermo Fisher Scientific to acquire Brammer Bio for $1.7 billion

Paroma Bhattacharya March 25, 2019
Thermo Fisher is expecting the business to be progressive to adjust earnings per share by $0.10 in first year of ownership Thermo Fisher Scientific, Inc has announced that it will acquire Brammer Bio, a biotechnical company, for $1.7 billion. Thermo Fisher will pay $1.7 billion …
Power & Energy

CEFC invests $10 million in a new green bond by issued FlexiGroup

Paroma Bhattacharya March 25, 2019
CEFC has invested $20 million in green bond worth $50 million in 2016. Australian government’s Clean Energy Finance Corporation has invested in a new green bond created to support the nation’s nascent home battery storage market. CEFC has reportedly invested $10 million in a green …
Consumer Goods

UK investors plan to press Unilever for the Anglo-Dutch headquarters

Paroma Bhattacharya March 23, 2019
Unilever, the world-leading consumer goods giant, is currently grabbing headlines on account of some of major UK investors reportedly planning to pressurize the company to drop the idea of getting rid of its dual headquarters, in a move to support the Netherlands. Reportedly, Unilever, which …
Chemicals & Materials

BASF introduces Ventigra insecticide to fight rising pest pressure

Paroma Bhattacharya March 22, 2019
Leading chemicals giant BASF has made it to the headlines for introducing its newest insecticide Ventigra™ for the ornamental market. As per trusted sources, with an innovative mode of action, the product will act as an excellent resistance management tool for greenhouse and nursery growers, …
Power & Energy

Nordex Group wins contract for 108MW wind projects from Terna Energy

Paroma Bhattacharya March 22, 2019
Nordex Group has recently won new project orders for wind farms in Greece, for a total capacity of more than 108 MW. It has been confirmed that a total of 36 machines with a capacity of 108 MW of different models have been ordered by …
Technology

Unity teams up with Tencent to help game developers with cloud tech

Paroma Bhattacharya March 20, 2019
China has stringent regulations which makes it tough to enter Chinese gaming market and sell in the country without collaborating with a local corporate like Tencent. At Unity’s GDC 2019 held in San Francisco, CEO John Riccitiello announced partnership with Tencent to support Tencent Cloud …
Power & Energy

Norsk Vind to build 1.5-GW, subsidy-free onshore wind farm in Norway

Paroma Bhattacharya March 19, 2019
The Norwegian wind power developer, Norsk Vind Energi, has reportedly unveiled plans to construct a 1.5-GW wind farm in Norway, to be called the Hordavind Project, with zero subsidies. A recent study by Statnett, a Norwegian network partner, has estimated southern Norway to have a …

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