Pfizer Plans to Shut down Two Manufacturing Plants in India

American drugmaker Pfizer announced on Wednesday it will soon be shutting down two of its manufacturing plants in India that make generic injectable drugs, in response to falling demand. As reported in Reuters, the two sites in the states of Maharashtra and Tamil Nadu employ nearly 1,700 workers, contributing around 6 percent to Pfizer’s global …

Venezuela’s PDVSA inks Deal with an Obscure US Oil Company Erepla to Boost Oil Production amid USA’s Sanctions on Country

Venezuela’s state oil company PDVSA has signed deal with American firm Erepla partly owned by a Florida Republican and oil billionaire Harry Sargeant III. The firm Erepla is a little known obscure firm deal comes in background of American sanctions against the socialist country which prohibits American companies to finance projects as well as to …

US Malls Witnessed Record Vacancies in 2018 in Seven Years as more Retail Giants Announce Closures

2018 was a tough year for retail giants as a steady stream of retail closures made headlines in last months. Bankruptcy ridden Sears is closing 80 stores by March 2019 as it looks forward to liquidate its assets all over USA. Similar news from Bonton and JCPenney took the retail industry by storm. Owners of …

Pertamina Enters Crude Oil Supply Contracts with 11 Oil and Gas Contractors in Indonesia

Pertamina, the state-owned oil and gas company in Indonesia has entered into contracts with 11 oil and gas companies operating in Indonesia to supply crude oil. The contract has been signed with an aim to reduce crude oil imports in the country. The agreements of the contract are based on the Energy and Mineral Resources …

ARLP Completes Acquisition of AllDale, Targets the Oil & Gas Mineral Interests

Alliance Resource Partners (ARLP) made an official announcement, which conveyed completion of the acquisition of AllDale with a purchase amount of nearly $175 million, as per the previous announcement. This, in turn, enabled a control of nearly 42,000 net acres of royalty vis-à-vis areas with large-scale oil & gas accumulation. ARLP is one of the …

Bleach gel Market to See Incredible Growth During 2018-2028

Bleach gel Market Outlook: Bleach gel is a powerful high viscosity gel which provides whitening and stain removal formula for clothes and home cleaning. The bleach gel is used in laundry to deep clean, and whiten the fade clothes, along with deodorizing the clothes so as to provide them fresh and clean look like never …

Baby Detergents & Laundry Products Market to Develop Rapidly by 2028

Baby Detergents & Laundry Products Market Outlook: Baby detergents & laundry product is an essential consumer good which has gained high popularity in recent years owing to increasing awareness about the availability of these products and rising concerns about the skin health of newly born babies. Baby detergents are mostly used for babies with very …

Scuba Gloves Market Plying for Significant Growth During 2018-2028

Scuba Gloves Market Outlook Over the last few years, there is a rapidly increasing popularity of water sports such as scuba diving, surfing, wakeboarding, and others. The government in various countries have also increased their focus on water sports activities to promote the potential of the tourism industry. Scuba diving is the main tourism market, …

Glass Cleaner Market to be at Forefront by 2028

Glass Cleaner Market Outlook Cleaning products have become essential in the day-to-day life of the modern consumer due to which it is continuously growing in the near future. As cleaning can be a time-consuming task, consumers are seeking cleaning products that complete the work quickly with high-quality standards. The cleaning products with high efficiency and …

Fully Integrated Dishwasher Market to Register a Stout Growth by 2028-end

Fully Integrated Dishwasher Market Outlook The home appliance industry plays a significant role in saving resources such as water and energy. Manufacturers in the home appliances are developing innovative, connected, and smart household appliances that enable consumers to conserve energy actively, save time, integrate the use of renewable energy sources, and minimize the waste as …