Companies : Page 9

Japan's Mitsui O.S.K. to buy Dutch tank terminal operator for $1.7bn

March 14, 2025 Japanese shipowner Mitsui OSK Lines (MOL) is buying LBC Tank Terminals, one of the world’s largest independent tank terminal operators primarily handling and storing chemicals in Europe and the US.

RES begins construction of Nova Scotia’s largest wind farm

March 7, 2025 RES has completed the development phase and has begun construction of the Goose Harbour Lake Wind Farm in Nova Scotia for Port Hawkesbury Paper Wind Ltd (PHPW).

BlackRock-TiL consortium to acquire CK Hutchison’s port operations for $22.8bn

March 7, 2025 The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison Holdings’ 90% interest in the Panama Ports Company and a total of 43 ports comprising 199 berths in 23 countries, from Hutchison Port Holdings (HPH) $22.8bn.

Walgreens to be purchased by private equity firm for $10B

March 7, 2025 Walgreens Boots Alliance announced that it has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments.

SMW6 undersea cable system lands on Indian shores

March 7, 2025 Bharti Airtel Limited landed the new SEA-ME-WE 6 (Southeast Asia-Middle East-West Europe-6, or SMW6) in Chennai.

Ineratec secures funds for Europe`s largest sustainable e-Fuel production plant

March 7, 2025 Sustainable e-Fuel production pioneer Ineratec formally agreed a €40 million venture debt loan with the European Investment Bank (EIB) and €30 million grant with Breakthrough Energy Catalyst. \r\n

CordenPharma to create 300 new jobs in Basel Region, Switzerland

March 7, 2025 As part of this strategy, CordenPharma has finalized plans to establish a state-of-the-art peptide manufacturing facility in Switzerland located at Getec Park in Muttenz, just 8 km outside Basel – a major biotech and pharma hub within Europe.

Port of Baltimore marks recovery milestone following Key Bridge collision and collapse

February 28, 2025 Governor Wes Moore announced that the Helen Delich Bentley Port of Baltimore’s state-owned public and private marine terminals handled 45.9 million tons of cargo in 2024, making it the second-best ever year after 2023 when the port handled a record 52.3 million tons.

Aspetto creating 98 new jobs in Stafford County, Virginia

February 28, 2025 Governor Glenn Youngkin announced that Aspetto, Inc. will relocate and expand its corporate headquarters in Stafford County.

Starbucks to lay off 1,100 corporate workers

February 28, 2025 Starbucks announced that the company is laying off 1,100 corporate employees and eliminate hundreds of open roles.

Licensing awarded for largest single ultra-low carbon methanol facility in the world

February 28, 2025 Nextchem\'s subsidiary KT Tech has been awarded a licensing contract for the implementation of Nextchem\'s proprietary NX AdWinMethanol Zero technology for Pacifico Mexinol.

E.ON-led DRIVE-E project to boost charging infrastructure across 13 European countries

February 28, 2025 A major initiative to expand Europe’s electric vehicle charging infrastructure has received a significant boost from the European Union.