Contribution By Akshay Kedari
September 12, 2018
The U.S. based subsidiary of Anheuser-Busch InBev has reportedly announced that it will launch an upgraded packaging for the Stella Artois Cidre variant. As per trusted sources, the overhaul of the design comes just over two years after the global packaging upgrade of the same …
Leading beverage firms unveil plan to eliminate plastic waste in UK
September 11, 2018
Leading soft drinks and bottled water companies like Nestlé, Suntory, Danone, and others along with the University of Cambridge Institute for Sustainability Leadership (CISL) have reportedly prepared a detailed roadmap to eliminate plastic packaging waste. According to trusted sources, the plan was launched at the …
RPG in talks regarding a possible sale to Apollo & Bain Capital
September 10, 2018
Plastic packaging giant RPG has reportedly confirmed takeover talks with Apollo Global Management and private equity firm Bain Capital. Both Apollo and Bain have until Oct. 8 to offer a deal or walkway, stated RPC in response to previous reports of the company exploring strategic …
Soft drink companies undertake pledge to exterminate packaging waste
September 9, 2018
Soft drink companies across the globe have reportedly joined forces to entirely eliminate the use of throwable plastic bottles in the beverage industry. An action plan with regards to the same has been submitted to the parliament, claim sources. According to a report endorsed by …
Aegion divests pipe coating & insulation business to Altamont Capital
September 7, 2018
Aegion Corporation has reportedly divested The Bayou Companies, LLC which is a wholly-owned subsidiary, to California based Altamont Capital Partners. The sale is apparently aligned with Aegion’s strategic plans that are targeted towards ensuring long-term earnings growth that is more predictable and sustainable. Sources familiar …
S Korean companies to expand domestic ethylene production capacities
September 6, 2018
Domestic petrochemical companies and oil refineries in South Korea are apparently initiating the expansion of their ethylene production capacity, based on a forecast that the demand of ethylene would accelerate in the coming years. As per industry analysts, the production of ethylene in South Korea …