Newspaper Industry News

Recent industry report about Newspaper Industry company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Newspaper Industry industry experts.

Newspaper Industry News

  • January 2024: The Big Ten Conference, the United States’ oldest Division I college athletic conference, partnered with the USA TODAY Network to become the Big Ten’s official content partner for a new multi-year agreement between Gannett Co. Inc. and the Big Ten Conference.
  • August 2023: PressReader, the all-you-can-read platform for newspapers and magazines, announced an expansion of its relationship with Gannett Company Inc. This leading subscription-based and digital-first media company offers expanded content.
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  • September 2023: InSinkErator introduced new garbage disposals in the market. The new garbage disposal aims to grind a variety of wastes quickly and provide environmentally friendly solutions for managing food waste.
  • April 2022: Whirlpool Corporation acquired InSinkErator. This acquisition aimed to purchase the company's whole product line of food waste disposers to expand its services to end users.
  • December 2023: Electric mobility firm Wardwizard Innovations and Mobility entered into an agreement with the Sharjah Government co-owned sustainable waste management company BEEAH Group (BG) for the manufacturing of electric vehicles. Under this collaboration, Wardwizard Innovations and Mobility, along with BEEAH Group, will jointly promote electric vehicles in GCC nations and the African region.
  • October 2022: Marafiq, an integrated utility service provider, commenced the construction of a new state-of-the-art sewage treatment plant at Jeddah Airport II. The project has a capacity of 300,000 m3/d for sewage treatment, with the potential for expansion up to 500,000 m3/d.
  • September 2022: Qatar's Public Works Authority, Ashghal, awarded a USD 1.48 billion public-private partnership contract. This contract encompasses the development, design, build, finance, and procurement of a 150,000 cubic meter per day sewage treatment facility. Additionally, the project was granted to a consortium comprising Metito, Al Attiyah Motors and Trading Co., and Gulf Investment Corp.
  • May 2023: Amcor, Delterra, Mars, and P&G concertedly advertise the launch of strategic cooperation to stem the drift of plastic pollution in the Global South. These global leaders will likely work together to gauge upstream and downstream results for an indirect plastics frugality, concertedly committing USD 6 million USD over five times. The advertisement comes in the lead-up to the alternate negotiating commission meeting for a Global Plastics Treaty( INC- 2), working to develop an encyclopedically binding instrument on plastic pollution.
  • May 2023: Circulate Capital, a leading environmental impact investor advancing the circular economy for plastics in high-growth requests, announced today the launch of a new action to combat plastic pollution in Latin America and the Caribbean( LAC). IDB Lab, the invention laboratory of theInter-American Development Bank Group, Builders Vision, the impact platform innovated by Lukas Walton, Chevron Phillips Chemical, Danone, Dow, Mondelēz International, and Unilever have joined forces to pledge an aggregate of USD 65 Million to help gauge results and support best- in- class recycling businesses across the LAC region. The new LAC action will concentrate originally on Brazil, Chile, Colombia, and Mexico and soon expand across the region.
  • October 2022- In line with the conditions stated on June 9, 2022, SUEZ, Royal Bafokeng Holdings (RBH), and African Infrastructure Investment Managers (AIIM) finalized the acquisition of EnviroServ Proprietary Holdings Ltd and its subsidiaries (collectively, "EnviroServ") after receiving permission from the regional antitrust authorities. By this purchase, SUEZ will be able to solidify both its presence in Africa and its position as a global leader in the treatment of municipal and industrial waste.
  • May 2022- Innovative trash solutions are being introduced to developing markets in the Middle East and Africa thanks to a historic new deal between IFC and Averda International, one of the largest privately held integrated waste management firms in those regions. The UAE-based firm will be able to continue its planned development in South Africa, Oman, and Morocco with the help of a USD 30 million loan from IFC, which will help it become more resilient after the epidemic. With integrated waste management services driven by the private sector, the historic agreement will contribute to delivering advantages for the environment. with this deal, IFC makes its first investment in the continent of Africa and the Middle East's private waste management market.

  • March 2024: Emerald Holding Inc. acquired Hotel Interactive (HI), a distinguished B2B digital media platform renowned for its high-quality hosted-buyer events in the hospitality and senior living industries. Following the acquisition, HI became part of Emerald's Connecting Point Marketing Group (CPMG). This strategic integration was intended to enhance their existing portfolio of premium-hosted buyer events, facilitating meaningful one-on-one interactions among industry leaders in significant verticals.
  • November 2023: Emerald Holding Inc. acquired Cocina Sabrosa, the sole B2B event in the US exclusively dedicated to Latin food and beverage. Originating as a regional event in Southern California, Cocina Sabrosa underwent enhancements and expansion to become the inaugural Latin food & beverage industry event in the United States. This transformation was intended to cater to the expanding business sector encompassing restaurateurs, grocers, suppliers, and entrepreneurs.
  • February 2024: Falcon Water Technologies and LSP Products announced their membership in Plumbing Manufacturers International. Falcon specializes in manufacturing water-free and water-efficient urinals and other water-saving technologies.
  • April 2024: Sloan Valve Company, a plumbing solutions pioneer since 1906, inaugurated its flagship facility in Gurugram, India, under its wholly-owned subsidiary, Sloan India Private Limited.
  • February 2024: The prestigious India Design 2024 event featured a marble brand showcasing collections themed 'Harmony in Duality,' blending Yin-Yang concepts with Amazonian elements using pastel Brazilian coastal marble and lush green quartz from the rainforest
  • February 2024: AGL, a prominent player in the Indian tiles, engineered marble, quartz, and bathware industry, announced its partnership with Ogilvy India for a dynamic brand campaign. Through this collaboration, AGL seeks to reshape narratives in the constantly evolving home decor landscape. It aims to penetrate the home decor market.
  • September 2023: Embraer and FlightSafety International inaugurated a new Praetor full-flight simulator in Orlando, Florida. This facility received approval from the Federal Aviation Administration (FAA). The two companies have revealed intentions to introduce a fourth Praetor simulator in Europe before 2024 concludes. However, the specific location in Europe is yet to be disclosed.
  • March 2023: Collins Aerospace announced plans to expand its microelectronics production facility in Cedar Rapids, Iowa, with support from the City and the Iowa Economic Development Authority (IEDA).
  • April 2024: The Canadian government pledged more than USD 3.3 million to aid local organizations in the fight against plastic pollution. This initiative targets nine small- and medium-sized companies, offering grants of up to USD 150,000 each. The funds are specifically designated for projects that enhance plastic reusability or bolster the management of plastic film, commonly found in consumer packaging. This effort is part of the broader Canadian Plastics Innovation Challenges, which, to date, have allocated over USD 25 million to similar projects by small- and medium-sized businesses across the country.
  • September 2023: The US Environmental Protection Agency (EPA) made a significant move by allocating over USD 100 million from President Biden's Investing in America initiative. These funds aim to bolster the nation's recycling infrastructure and waste management systems. Notably, this marks the EPA's most substantial investment in recycling in 30 years. The EPA has already identified 25 communities as grant recipients under the newly launched Solid Waste Infrastructure for Recycling program, with grants totaling over USD 73 million.

April 2024: China Everbright Environment Group Limited, known as Everbright Environment, celebrated the successful construction of its Hue Waste-to-Energy Project in Thua Thien Hue Province, Vietnam. The event was graced by the presence of Vietnamese Prime Minister Pham Minh Chinh.

February 2024: WM announced plans to expand its footprint by establishing three new recycling facilities across North America. Additionally, the company plans to finalize automation enhancements at 10 of its existing sites. These upgrades are projected to boost WM's recycling capacity by an impressive 1 million metric tons annually, a goal slated for achievement by 2026.

Newspaper Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)