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Clariant, Exxonmobil and REG to advance cellulosic biofuels research
Energy

Clariant, Exxonmobil and REG to advance cellulosic biofuels research

Ojaswita Kutepatil January 24, 2019
Clariant, Exxonmobil, and REG partnership is likely to expand on cellulosic biodiesel research. The collaboration aims as integrating technologies into a single biodiesel production process. Clariant, the Switzerland-based specialty chemical giant, has recently announced that it has inked a joint research agreement with ExxonMobil Corp., …
TomTom to sell its Telematics unit to Bridgestone in a $1.03B deal
Business

TomTom to sell its Telematics unit to Bridgestone in a $1.03B deal

Ojaswita Kutepatil January 23, 2019
 The Dutch digital maps and navigation firm would be returning over €750 million acquired from the deal to its shareholders.  A portion of the proceeds from the sale would be reinvested into the company’s core digital maps selling business. TomTom N.V. (TomTom), a renowned Dutch …
Google signs agreement with Taiwan for a 10 MW solar energy project
Energy

Google signs agreement with Taiwan for a 10 MW solar energy project

Ojaswita Kutepatil January 23, 2019
 Google’s development partners include Taiyen Green Energy, Diode Ventures, New Green Power and J&V Energy.  With this agreement, Google has become the first corporate power buyer to benefit from Taiwan’s revised energy policy. Technology giant Google has recently confirmed that it has signed a long-term …
AusCann’s DayaCann JV to begin medical cannabis production with Khiron
Life Sciences

AusCann’s DayaCann JV to begin medical cannabis production with Khiron

Paroma Bhattacharya January 22, 2019
DayaCann would be providing cultivation as well as potentially manufacturing services to Khiron, under the terms of the agreement. Australian medical cannabis firm AusCann Group Holdings Ltd. has recently announced that its DayaCann joint venture (JV) is set to commence third party cannabis cultivation, its …
Evonik acquires Structured Polymers
Chemicals

Evonik acquires Structured Polymers, gains access to new technology

Ojaswita Kutepatil January 22, 2019
The acquisition will help Evonik to considerably expand its 3D-printing portfolio. Evonik Industries AG, one of the largest chemicals companies in the world recently announced that it has acquired the Austin based Structured Polymers Inc. Sources suggest that the acquisition will help Evonik to gain …
Singapore’s new wholesale trade IDP to guide SMEs to digitalization
Technology

Singapore’s new wholesale trade IDP to guide SMEs to digitalization

Sunil Hebbalkar November 26, 2018
Singapore’s Senior Minister of State for Trade and Industry, Koh Poh Koon has recently announced the launch of a new wholesale trade industry digital plan (IDP), offering digitalization opportunities to over 33,000 small and medium-sized enterprises (SMEs) in the region. According to The Strait Times, …
Shell starts supplying Clipper field natural gas to UK’s national grid
Energy

Shell starts supplying Clipper field natural gas to UK’s national grid

Sunil Hebbalkar November 25, 2018
Reports confirm that Royal Dutch Shell has begun the supply of natural gas from the Clipper South field to the gas network of Britain. Apparently, the oil and gas company stated that it is transferring the gas via its Clipper hub to be processed at …
Temasek plans to explore new prospects with blockchain & AI deals
Technology

Temasek plans to explore new prospects with blockchain & AI deals

Sunil Hebbalkar November 24, 2018
Singapore’s state investment firm Temasek Holdings has recently announced that it is setting up new divisions to explore opportunities in blockchain and AI technologies. As per authentic sources, Temasek has been multiplying its business coverage over the last few years, in a bid to strengthen …
Fintech start-up InstaRem raises over $20 million in Series C round
Business

Fintech start-up InstaRem raises over $20 million in Series C round

Ojaswita Kutepatil November 23, 2018
Singapore-based Fintech startup, InstaRem has raised over $20 million in a Series C round for global expansion. Reportedly, the round was led by Indonesian telecom operator Telkom’s VC arm MDI Ventures, Thailand’s banking group Kasikorn’s venture capital Beacon, as well as existing investors GSR Ventures Rocket Internet, …

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