The US Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity to Williams authorizing the company to go ahead with the Northeast Supply Enhancement project (NESE project), a proposed expansion of the existing Transco gas pipeline infrastructure in the states of Pennsylvania, New Jersey, and New York. The Northeast Supply […]
Wells Enterprises acquisition of Fieldbrook Foods : Wells Enterprises, the manufacturer of the Blue Bunny ice cream brand, has acquired US ice cream producer Fieldbrook Foods from Arbor Investments for an undisclosed price. With the acquisition, Wells Enterprises will establish its presence on the East Coast and expand its current manufacturing capacity. The company will […]
New York’s attorney general has filed a lawsuit against ExxonMobil, accusing the oil and gas producer of misleading investors about the risks of climate change regulations to its business. The attorney general alleged that ExxonMobil defrauded investors by misleading them into believing that it accounted for the financial risks associated with the stringent regulations over […]
Superior Plus, a Canadian energy distribution and specialty chemicals business, has agreed to acquire all of the propane distribution and other assets of US-based propane marketer Porco Energy. Terms of the transaction were not revealed. Established in 1954, Porco Energy is an independent propane distribution company in New York, which caters to residential and commercial […]
New York-based Feinstein Institute for Medical Research finds that ACE inhibitors can prevent cognitive decline in lupus patients, according to a study published in the Journal of Experimental Medicine. Researchers at the Feinstein Institute for Medical Research in New York have made a groundbreaking discovery that ACE inhibitors, commonly used in the treatment of hypertension, […]
Cosmetic industry news : London-based consumers goods company Unilever has agreed to acquire New York-based personal care products manufacturer Sundial Brands for an undisclosed price. Unilever acquisition of Sundial Brands is expected to speed up the growth of the consumer goods giant’s personal care category by covering underserved requirements of multicultural and millennial consumers. Established […]
Cosmetic industry news : Private equity firm Tengram Capital Partners has agreed to acquire RéVive, a luxury skincare brand from Shiseido Americas Corporation for an undisclosed price. Shiseido Americas is a subsidiary of Japanese personal care company Shiseido. The sale of the luxury skincare brand comes a year after it was bought by Shiseido Americas […]