Tag Archives: joint venture

EPPM and Drax Announce 20-Year Joint Venture to Transform Legacy Coal Ash into Sustainable Fly Ash for UK Construction

(IN BRIEF) EP Power Minerals GmbH (EPPM), part of Energetický a průmyslový holding (EPH), has entered into a 20-year joint venture agreement with Drax Power Limited through its subsidiary Power Minerals Limited (PML). This collaboration will create a new, state-of-the-art … Read the full press release

Joint Venture Launch: Solease and Eneco Unite to Revolutionize Sustainable Business Premises with GroenGebouw™

(IN BRIEF) Solease and Eneco have formed a joint venture to exclusively promote Eneco’s new business product, Eneco GroenGebouw™, a full-service concept designed to boost the sustainability of commercial premises. This collaboration will provide property owners with end-to-end services—from energy … Read the full press release

SUEZ and Sonadezi Forge First Industrial Park Venture in Vietnam to Boost Sustainable Growth

(IN BRIEF) SUEZ has partnered with Sonadezi, a state-owned enterprise managing 11 industrial parks in Vietnam, to provide integrated environmental solutions at the largest industrial park in South Vietnam. This joint venture is SUEZ’s first in Vietnam’s industrial park sector … Read the full press release

Voith Paper Welcomes Andreas Batzer as CFO to Drive Financial Innovation and Growth

(IN BRIEF) Andreas Batzer was named the new CFO and management board member of Voith Paper in March 2025, reporting directly to President & CEO Andreas Endters. Replacing Ralf Sorg—who now serves solely as President Projects—Batzer is responsible for leading … Read the full press release

Prudential and Vama Forge New Health Insurance Venture to Propel India’s ‘Insurance for All’ Ambitions

(IN BRIEF) Prudential plc has announced a joint venture with Vama Sundari Investments (Delhi) Private Limited to establish a standalone health insurance business in India. Under the new arrangement, Prudential Group Holdings Limited will hold a 70% stake, while Vama … Read the full press release

Andritz and Schuler Unveil Strategic Alliance to Transform Metal Processing

(IN BRIEF) Andritz and Schuler have today unveiled their new joint venture, the Schuler Andritz Group, signaling a significant advancement in the metals industry. The alliance brings together Andritz’s global engineering and digitalization capabilities with Schuler’s advanced metal forming technology. … Read the full press release

New Strategic Partnership Boosts South Djengeldi Uranium Project with Global Investment and Ambitious Expansion Plans

(IN BRIEF) Orano and Navoiyuran have formalized an agreement to advance the South Djengeldi uranium mining project within their joint venture, Nurlikum Mining, by integrating it into Navoiyuran’s existing industrial base. The deal also brings Japan’s ITOCHU Corporation on board … Read the full press release

Eni and PETRONAS Announce Strategic Joint Venture to Develop Upstream Assets in Malaysia and Indonesia

(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release

EDGE Group and Indra Forge Strategic Partnership to Enhance UAE’s Naval Defence

(IN BRIEF) EDGE Group’s Abu Dhabi Ship Building (ADSB) has entered a strategic partnership with Spain’s Indra to enhance the FA-400 offshore patrol vessel with advanced radar, electronic warfare, and counter-UAS technologies. The agreement was signed at NAVDEX 2025 in … Read the full press release

Safran Electronics & Defense and IGG Inaugurate Advanced Defense Facility in Abu Dhabi

(IN BRIEF) Safran Electronics & Defense and International Golden Group have launched their Vision for Optronics & Navigation joint venture in Abu Dhabi, which will focus on R&D and the manufacturing of advanced military technology, particularly optronics and navigation systems. … Read the full press release

AD Ports Group and CMA CGM Group Strengthen Partnership with New Multipurpose Terminal Venture in Pointe Noire

(IN BRIEF) AD Ports Group and CMA CGM Group have signed a shareholders’ agreement to jointly develop, manage, and operate the New East Mole multipurpose terminal at the Port of Pointe Noire in Congo-Brazzaville. AD Ports Group received a 30-year … Read the full press release

CA Personal Finance & Mobility Strengthens Electric Vehicle Leasing in China with Acquisition of 50% Stake in GAC-Sofinco Leasing

(IN BRIEF) CA Personal Finance & Mobility has finalized its acquisition of a 50% stake in GAC Finance Leasing, now rebranded as Guangzhou GAC-Sofinco Finance Leasing. This move strengthens the partnership with GAC Group and enhances their leasing offerings in … Read the full press release

Evonik and Fuhua Launch Joint Venture in China to Produce Specialty Hydrogen Peroxide for Key Industries

(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release

Kapsch TrafficCom Joint Venture Secures EUR 83 Million Contract for Automated Traffic Enforcement System Support

(IN BRIEF) Kapsch TrafficCom’s joint venture with Indra and Worldline has been awarded an EUR 83 million contract by Spain’s DGT for support and technical assistance in managing an automated traffic violation processing system in León. The contract, which runs … Read the full press release

Telstra and Accenture Propose Joint Venture to Boost Data and AI Capabilities

(IN BRIEF) Telstra and Accenture have proposed a joint venture to accelerate Telstra’s data and AI initiatives, aiming to enhance network leadership, customer experience, and operational efficiency. The JV will combine resources from both companies to modernize Telstra’s data and … Read the full press release

ArcelorMittal Unveils AM/NS India’s Expansion Plans to Meet India’s Surging Steel Demand

(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release

South Korea’s Daesan Complex to Host LG Chem and Enilive’s Innovative Biorefinery

(IN BRIEF) LG Chem and Enilive have moved closer to making a final investment decision on their joint biorefinery project in South Korea by signing a joint venture agreement. The project, planned for LG Chem’s petrochemical complex in Daesan, South … Read the full press release

Green Energy Initiative: Iberdrola and bp pulse’s €1 Billion Plan for High-Speed EV Charging Across Iberia

(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release

TotalEnergies Extends Partnership with Oman LNG, Commits to GHG Emission Reduction

(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release

TotalEnergies-Led Consortium Project Attentive Energy One to Power New York with 1.4 GW of Renewables

(IN BRIEF) TotalEnergies and its partners, Corio Generation and Rise Light & Power, have been awarded a 25-year contract to supply 1.4 GW of renewable electricity in New York State. Their Attentive Energy One project, a joint venture between TotalEnergies … Read the full press release