The construction work on a new $4.2bn terminal at the John F Kennedy International Airport in New York — JFK International Airport Terminal 6 will commence in early 2023. To this effect, the financial close and the signing of a lease deal along with securing environmental approval by the Federal Aviation Administration have been announced […]
Primark, an Irish multinational fast fashion retailer, is set to open three new stores in New York as part of its growth strategy to operate 60 stores in the US by 2026. Anticipated to open before 2023, the three new New York Metro stores are located at Roosevelt Field in Garden City, City Point in […]
Saudi Aramco, through its affiliate S-OIL, will construct a new petrochemical cracker in South Korea, the Shaheen petrochemical project, in an effort to maximize its crude to chemicals value chain. The $7 billion-worth Shaheen project in South Korea is expected to change crude oil into petrochemical feedstock and almost double S-OIL’s chemical yield to 25% […]
PTC, an American computer software and services company, has entered into a definitive agreement to acquire ServiceMax, a SaaS field service management provider based in California, for approximately $1.46 billion. ServiceMax offers a suite of cloud-native field service management capabilities that are integrated with Salesforce’s customer relationship management platform. The transaction is anticipated to bolster […]
Datamatics, an India-based intelligent automation products provider, has received a contract to supply intelligent automation solutions for healthcare processes to the US-based healthcare improvement company Premier Inc. Under the national group purchasing agreement, Premier Inc. members can acquire Datamatics Intelligent Automation platform for special pricing and terms pre-negotiated by the American firm. Datamatics Intelligent Automation […]
American beverage and snacks firm PepsiCo has launched a new ghost kitchen service for its foodservice partners, thereby expanding its PepsiCo Foodservice Digital Lab. The ghost kitchen platform is expected to help foodservice partners identify growth avenues and allow existing and future PepsiCo foodservice customers to enhance off-premise performance. The offering also enables customers to […]
Vietnamese dairy company Vinamilk will construct two new dairy factories in Vietnam in the Hung Yen and Sơn La provinces, to increase its manufacturing capacity by 20%. The proposed investment is expected to help Vinamilk strengthen its supply chain and meet the projected demand, both domestic and export, over the next two to three years. […]
Chevron Phillips Chemical (CPChem) and QatarEnergy have arrived at a final investment decision (FID) to construct the Golden Triangle Polymers plant, a new petrochemical facility in Orange, Texas with an investment of $8.5 billion. To this effect, the companies have formed Golden Triangle Polymers Company, a joint venture in which Chevron Phillips Chemical holds a […]
Diamondback Energy, a US oil and natural gas company, has signed a definitive purchase agreement to acquire all leasehold interest and associated assets of Lario Permian, a Midland Basin operator owned by Lario Oil & Gas Company, in a cash and stock transaction valued at $1.5 billion. The value of the transaction includes $850 million […]
Wipro has launched new retail solutions built on the Microsoft Cloud and a new Retail Innovation Experience cloud-based retail technology solution in Mountain View, California. Apart from strengthening collaboration between Wipro and Microsoft, the Retail Innovation Experience is expected to fast-track delivery of custom-built solutions driven by the Microsoft Cloud and Microsoft Cloud for Retail. […]