Grab launches GrabKitchen- it’s first cloud kitchen in Singapore
There are close to 50 such kitchens managed by Grab across the region The company also launched GrabFood merchant network to provide tools for merchant partners With an aim to steer deve....
Li-cycle ships first commercial load of recycled battery material
Li-Cycle has reported its first shipment of commercially recycled battery materials, processed at the company’s facility in Ontario. The shipment, made in December 2019, contained energy metals such....
Yum! Brands to acquire The Habit Burger Grill in $375 million deal
The company is planning to expand the burger franchise further after the acquisition Yum! Brands, the parent of fast-food chains KFC, Pizza Hut and Taco Bell, recently confirmed that it is acqu....
Huntsman to sell businesses worth $2 bn to Indorama Ventures
Huntsman Corporation has finalized the sale of its chemical intermediates’ businesses, incorporating PO/MTBE, and surfactants businesses worth $2 billion to Indorama Ventures. The deal incorporates ....
BASF concludes sales of ultrafiltration membrane business to DuPont
European chemical company BASF has recently completed a transaction with DuPont Safety & Construction, divesting its ultrafiltration membrane business. The deal involves inge GmbH shares, Greifenb....
Greggs launches new meatless steak bake across its 2,000 stores
Greggs, the largest bakery chain of the UK reportedly launched a new meat-free steak bake. After the huge success of the company’s meatless sausage roll, it has increased its attention towards devel....
China Sinochem to initiate $4.6 bn Quanzhou petchem complex mid-2020
China Sinochem Group will lay the cornerstone of petrochemical complex and a new crude processing unit in Southeastern China around July 2020. The product portfolio expansion towards petrochemicals is....
Performance Food Group acquires supplier Reinhart Foodservice
The move to sell Reinhart falls under the strategic growth plans of Reyes Holdings Reyes Holdings LLC., a U.S. headquartered foodservice wholesaler and distributor, has reportedly announced the clo....
New Uzbek - Chinese chemical complex in Navoi begins operations
A new chemical complex, jointly developed by Uzbekistan and China, has recently been inaugurated in the Navoi region. The construction has been hailed as a significant event by leading chemical compan....