gridComm, a provider of power line communication (PLC) solutions that enable the transformation of traditional power grid into a smart grid, announced it has signed a partnership agreement with a leading LED manufacturer in Indonesia, PT ...
Tags: gridComm, PT Siklon Energy Nusantara, smart street light solutions
Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
Ajinomoto is investing JPY2.4bn ($20m) on a new production line for frozen rice products at the Oakland facility in the US, as part of its aim to boost production capacity. This line will become operational by 2016. The North American ...
Specialty label and packaging company CCL Industries is planning to invest around $35m in its facility in Guanajuato, Mexico over the next three years. The investment will see the addition of new equipment to manufacture plastic laminate ...
Kruger Packaging will invest C$250m ($188.6m) to convert the newsprint machine at its Trois-Rivières mill in Canada to produce lightweight linerboard. The project is being backed by a C$190m ($143.3m) funding from the ...
Tags: Kruger Packaging, linerboard, containerboard
Cargill Poland has divested its Polish pig and cattle entity Agro Provimi to meat processor PKM Duda for PLN28.1m (€6.7m). PKM Duda funded about 10% of the acquisition deal through its own resources, while the rest was managed ...
Tags: pig and cattle, processor PKM, Agro Provimi
India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders
Sika is continuing to increase its production capacity in Russia through new and expansion investments. In Volgograd, in southern Russia, a mortar factory and a plant to produce concrete admixtures are being opened. At the existing site in ...
Tags: concrete admixtures, polymers
A recently released report from Transparency Market Research (TMR) forecasts that the global epoxy resins market will develop at a CAGR of 6.9 percent from 2014 to 2020. TMR, a market intelligence firm based in the U.S., states that by ...
Tags: Paints, Coatings, Resins Market
BASF is investing in the expansion and flexibilization of its production facilities to manufacture chelating agents at its site in Ludwigshafen. By increasing the production capacity, the company is responding to the rapidly growing global ...
Tags: BASF, chelating agents
Film manufacturing and coating firm Perlen Packaging is injecting over CHF20m ($20.3m) for expanding its PVdC coating line capacity in Perlen, Switzerland. The company, a unit of of industrial group CPH Chemie + Papier Holding, ...
Pharmaceutical packaging maker Gerresheimer is buying plastic vials and oral drug closures maker Centor US Holding for $725m, under an agreement signed with Nemera Development. The transaction, involving an all-cash acquisition that is ...
Automobile major Skoda will carry out optimization of its three manufacturing units in Mladá Boleslav, Kvasiny and Vrchlabí in the Czech Republic during a three-week break on account of factory holidays. While work for ...
BASF and PETRONAS Chemicals Group Berhad (PCG) will build a new world-scale production plant for highly reactive polyisobutene (HR-PIB) at the site of their existing joint venture, BASF PETRONAS Chemicals Sdn Bhd, in Kuantan, Malaysia. ...
Tags: chemicals, coating, BASF, PETRONAS Chemicals Group, paint and pigment
Nestlé has opened a new $50m research & development (R&D) center in Solon, in the US state of Ohio. The new 144,000ft2 facility will focus on research in frozen and chilled foods. The Solon R&D center will also focus on ...
Tags: food production, frozen food, chilled food