Nissan-Renault and Mitsubishi have announced a new global strategic alliance. As a result of this alliance, which aims to generate more efficient use of available resources, each company will focus on specific regions and markets. While Renault will handle the European market, Mitsubishi will manage Southeast Asian markets and Nissan will focus on the North American region. Nissan currently has…

Six major oil discoveries, amounting to an estimated 339 million barrels, were made in Mexico during the early 2020s. One of these discoveries was made by the Italian multinational company ENI whose deposit amounts to 143 million barrels of oil and 17,300 cubic meters of gas. The other five oil discoveries were made by PEMEX, totaling 102 million barrels of oil and 17,300 cubic meters of gas. ENI…

The new trade agreement will replace the previous agreement and will be the new institutional framework for relations between the European Union and Mexico. The treaty has an ambitious structure that will likely set the example for negotiations with other Central and South American countries. It includes progressive rules on sustainable development and the effective implementation of agreements…

Nissan-Renault and Mitsubishi have announced a news strategic global strategy.  As a result of this alliance, which aims to generate a more efficient use of available resources, each company will focus on  specific regions and markets. While Renault will be in charge of Europe, Mitsubishi will handle the Southeast Asian markets and Nissan will concentrate on the North American region.…

Six relevant oil discoveries, for an estimated  339 million barrels, have been made in Mexico during the first months of 2020. One of these discoveries was from the Italian-based, multi-national company, ENI. ENI’s deposit amounts to 143 million barrels of oil and 68 thousand square feet of gas. The other five discoveries have been made by PEMEX, for a total of 102 million barrels of oil…

The recently announced novel agreement will replace the previous arrangement and represent the new institutional framework for relations between the European Union and Mexico. The treaty has an ambitious and particularly advanced structure which will probably be an example for negotiations with other Central and South American countries. It includes provisions on sustainable development and the…

A spokesman for Sofidel Group, an Italian manufacturer of cellulose fabrics, said the company plans to open its $360 million plant in Inola in early June. A total of 350 people will work at the 93,000-square-meter facility, which will be fully operational in the summer. The Sofidel Group facility is one of the largest in the state, but it is smaller than the Amazon logistics center (about 230…

Italian tissue manufacturer Sofidel Group anticipates an early June grand opening for its $360 million plant in Inola, a spokesman for the company said. A total of 350 people will be employed at the 1.8 million-square-foot facility, which is expected to be fully operational by sometime this summer, spokesman Enrique Garay said. In terms of sheer size, Sofidel’s footprint is among the most…

Bovone, an Italian manufacturer of machinery and technology for the second processing of flat glass and natural and synthetic stone, has chosen Rockingham County and Reidsville, North Carolina, for its first North American headquarters. The company's product lines are structured into two main areas of excellence: the product line consisting of stand-alone machines for grinding, beveling, and…

Pegaso Industries S.p.A., an Italian manufacturer of auxiliary equipment, has opened Plastic Systems USA in Atlanta with the aim of directly following and serving the local market. The new subsidiary joins Plastic Systems Shanghai, Plastic Systems Latin America, and Plastic Systems India, which reportedly generate consolidated sales of 70 million euros ($78 million) and employ more than 4,000…