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Eni’s Versalis partner Bridgestone on guayule development
Global

Eni’s Versalis partner Bridgestone on guayule development

Versalis, Eni’s chemicals company, and Bridgestone Americas, have signed a strategic partnership agreement to develop and deploy a comprehensive technology package to commercialize guayule* in the agricultural, sustainable-rubber and renewable-chemical sectors. The partnership combines Versalis’ core strengths in guayule research, commercial-scale process engineering and market development for renewables with Bridgestone’s […]

Zarina Bassa resigns from Sun International
JSE SENS

Zarina Bassa resigns from Sun International

South Africa’s hotel and hospitality group, Sun International said Zarina Bassa has resigned her appointment from the company’s board of directors. The company said in a statement that shareholders are advised that Ms Zarina Bassa has resigned as an independent non-executive director of Sun International, with immediate effect. Zarina joined […]

Bank of Baroda South African exit confirmed
Global

Bank of Baroda South African exit confirmed

The South Africa Reserve Bank has confirmed that the Bank of Baroda is closing down its operations in South Africa. BoB had earlier notified its customer that the Bank was ending its banking operations in the country. “The Bank of Baroda has notified the Office of the Registrar of Banks […]

ArcelorMittal to acquire Essar India
Global

ArcelorMittal to acquire Essar India

ArcelorMittal said its India unit, ArcelorMittal India has submitted to bid to acquire Essar Steel India. The company said in a statement that ArcelorMittal India Private Limited (AMIPL) has today submitted an offer for Essar Steel India Limited, the Indian steel company, in-line with the corporate insolvency resolution process for […]