Gulf Oil Lubricants India Ltd. (GOLIL), a Hinduja Group subsidiary, has announced a long- term strategic partnership with South Korean base oil refiner S-Oil Corporation, to exclusively manufacture and market S-Oil’s entire range of lubricants under the S-Oil Seven brand in India.  With a wide range of automotive lubricant products, S- Oil Seven has been […]

Rolls-Royce plc and Reaction Engines Ltd have announced a new strategic partnership agreement to develop high-speed aircraft propulsion systems and explore applications for Reaction Engines’ thermal management technology within civil and defence aerospace gas turbine engines and hybrid-electric systems. “We have been working closely with Reaction Engines for the past two years, including exploring the […]

Global standards leader ASTM International announced that Singapore’s National Additive Manufacturing Innovation Cluster (NAMIC) will join its Additive Manufacturing Center of Excellence as a strategic partner. ASTM International recently launched the center to support R&D that advances additive manufacturing standards. NAMIC will coordinate the center’s R&D and related activities for the Asia-Pacific region, while also […]

Caltex Australia announced plans to sell 15-25% of its existing freehold site portfolio, which has an estimated value of AUD 2 billion (USD 1.4 billion). The company said it is now exploring with experienced partners a potential strategic real estate partnership that will leverage its retail real estate assets and the potential partner’s management and […]

Allison Transmission Holdings Inc. and China National Heavy Duty Truck Group Corp. Ltd. (CNHTC) announced an agreement to explore a strategic partnership to optimise fully automatic transmission technologies for the Chinese market. While the partnership will focus on servicing the Chinese market, Allison and CNHTC also will explore opportunities outside China. In addition to China, […]