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Latest articles covering industry trends, market insights, market opinions, market size, and recent industry developments

23
Dec

Vestas to Scale Down Production of V136 blades and Invest in Other Blade Types.

  • Vestas Wind Systems A/S (Nasdaq Copenhagen: VWS), a global partner of the energy industry on sustainable solutions, is continuously changing its product portfolio to meet the evolving customer demand ...
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19
Dec

Cargill-DSM Joint Venture, Avansya, Begins Commercial-Scale Production of Eversweet™ Ste...

  • In November 2019, Avansya, the joint venture between Cargill and Royal DSM, started commercial-scale production at the first fermentation facility for stevia sweeteners in the United States. The facil...
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13
Dec

Top Household Care Products Manufacturers in the World.

  • The global household care market reached a value of USD 116.7 billion in 2019. The market is further expected to reach a value of almost USD 128 billion by 2025, exhibiting a CAGR of 1.5% between 2020...
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13
Dec

ExxonMobil Discovers Oil Offshore Guyana at Tripletail.

  • In September 2019, ExxonMobil Corporation (NYSE: XOM) announced that the company has discovered oil in the Turbot area on the Stabroek Block at the Tripletail-1, located in offshore Guyana. The discov...
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05
Dec

Société Bic Releases its Inaugural Lighter Safety Report.

  • In May 2019, Société Bic S.A. (Euronext: BB) released its inaugural Lighter Safety Report bringing attention to a concerning influx of low-quality lighter imports into the United States. The report ...
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05
Dec

Fluence Executes USD 3 million Follow-On Aspiral™ Order From ITEST.

  • In November 2019, Fluence Corporation Limited (ASX: FLC) announced that the company has received a USD 3 million follow-on order from a ITEST subsidiary in China. According to the deal, the company ha...
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28
Nov

SoftBank-Backed Paytm Raises USD 1 Billion in Fresh Funding.

  • In November 2019, Paytm announced that the company had raised fresh funds from a group of investors, which includes existing backers, namely, Vision Fund of SoftBank (9984.T) and China’s Ant Financi...
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27
Nov

Anheuser-Busch InBev Announces the Divestiture of Carlton and United Breweries to Asahi Gr...

  • In July 2019, Anheuser-Busch InBev (NYSE: BUD) announced its divestiture Carlton & United Breweries (CUB), its Australian subsidiary, to Asahi Group Holdings, Ltd. The company has signed this deal for...
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25
Nov

FMCG Firms Adopt Premium Route to Drive Earnings Amidst Slowdown.

  • As the consumer goods sector continues to battle the downfall in rural demand, large fast-moving consumer goods (FMCG) firms in India are expanding their premium portfolio, targeting urban buyers to d...
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25
Nov

ArcelorMittal Aims to Finish Essar Steel Acquisition By 2019-End.

  • In November 2019, following the approval from the Supreme Court of India on Essar Steel resolution plan, ArcelorMittal India Private Limited (NYSE: MT) announced its completion of the acquisition of t...
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21
Nov

Arkema Starts Up a New Acrylic Acid Reactor in the US.

  • In October 2019, Arkema (OTCMKTS: ARKAY) announced the operation of a new acrylic acid reactor having a capacity of 90,000-ton at its Clear Lake, Texas site. The company has invested around USD 90 mil...
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20
Nov

ADM Expands its Nutrition Portfolio with its Acquisition of the Ziegler Group.

  • In May 2019, Archer Daniels Midland Company (NYSE: ADM) announced the completion of its acquisition of the Ziegler Group, a leading provider of natural citrus solutions, based in Europe. This investme...
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08
Nov

Amazon to Invest Over Rs 4,400 Crore in its India Business.

  • In October 2019, the US-based Amazon (NASDAQ: AMZN) has announced an investment of over Rs 4,400 crore, that is, more than USD 600 million across its various units in India, including marketplace and ...
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06
Nov

ADM and LG Chem Plan to Develop Super Absorbent Polymers Based on Sustainable Technology.

  • Archer Daniels Midland Company (NYSE: ADM) and LG Chem (KRX: 051910) have joined hands to find routes to produce bio-based acrylic acid, which is a fundamental component in the production of super abs...
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04
Nov

Avantium and R&F Chemical Join Forces to Market High-Value PEF Applications in Korea

  • On 31 October 2019, Avantium Renewable Polymers announced its partnership with R&F Chemical to develop a high-value application for PEF (polyethylene furanoate) in electronics and smart packaging in K...
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01
Nov

Evonik Unveils Sustainable Material Solutions for the Sports Industry.

  • VAUDE, the German sports equipment manufacturer, is using the bio-based polyamides of Evonik’s VESTAMID® Terra brand in its latest collection of bags and backpacks. With the rising demand for great...
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01
Nov

Givaudan to Acquire Fragrance House, Drom.

  • In July 2019, Givaudan (SWX: GIVN), the global leader in flavours and fragrances, announced its plan to acquire Drom to extend its leadership in the global fragrance market further. While the terms of...
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01
Nov

Fonterra Consolidates its Specialty Cheese Making Facilities.

  • In September 2019, Fonterra announced the consolidation of its specialty cheese making facilities, which will result in the Te Roto factory closure. The company has two specialty cheese manufacturing ...
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01
Nov

Nestlé Launches the Harvest Gourmet Incredible Burger.

  • In October 2019, Nestlé (SIX: NESN) introduced Harvest Gourmet Incredible Burger, a plant-based product, which offers delicious taste and juicy texture along with a similar cooking experience to that...
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24
Oct

INOVYN Unveils World’s First Commercial Grade of Bio-Attributed PVC.

  • In October 2019, INOVYN unveiled its latest generation of PVC under the brand name BIOVYN, becoming the world’s first commercial producer of bio-attributed PVC utilising a supply chain fully certifi...
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