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 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 …
DuPont Industrial Biosciences has recently completed the expansion of its manufacturing facility in Kinston, North Carolina where its high-performance, bio-based Sorona® polymer is produced. Subsequently, DuPont has extended the facility’s capacity to produce DuPont™ Sorona® polymer by 25%, resulting from the increased demand for the …
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 …
Roberts Bakery, based out of the Cheshire, U.K., has announced that it will be introducing new 100% recyclable packaging for wrapping one of its artisan bread ranges to cut down on plastic wastes. According to sources close to the matter, the new packaging marks the …
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 …
ExxonMobil, the American multinational oil and gas major recently announced the signing of an initial deal with China for the development of a petrochemical complex and investment in liquefied natural gas terminal in the country. The deal is among the latest major foreign investment in …
