Plastic bottle recycling in the US had gone down by 2.4% to a little over £2.9bn in 2016, according to a new industry report. The figures were revealed by Association of Plastic Recyclers (APR) and the American Chemistry Council ...
Tags: Plastic Bottle, Plastic Recyclers
Tokyo-based Mitsubishi Electric Corp has agreed to acquire the Mitsubishi Electric power device sales business currently handled by Powerex Inc of Youngwood, PA, USA (a 50:50 joint venture between Mitsubishi Electric and General Electric), ...
Tags: Mitsubishi Electric, Power Device
For fiscal first-quarter 2018 (to end-September 2017), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $155.6m (split about 48%:52% between ...
Tags: components, modules, optical communications
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
Topas Advanced Polymers and Polyplastics claim that discrete layers of cyclic olefin copolymer (COC) significantly improve the performance in three- and five-layer packaging film structures made of linear low density polyethylene (LLDPE). ...
Tags: LLDPE Packaging, Packaging
Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
Clariant has started operations of a new healthcare packaging facility in the Indian state of Tamil Nadu. Located in Cuddalore, the new facility will produce the company's line of Sorb-it, Tri-Sorb, 2-in-1 Can, and Getter Can sorbent ...
TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...
Tags: TreeHouse Foods, packaged foods, beverages
Mars Food has completed the acquisition of Connecticut-based Preferred Brands International, a manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold mainly under the Tasty Bite brand. Preferred Brands ...
Tags: Mars Food, food products
UK-based Aston Martin has unveiled its super GT Vanquish S Ultimate with plans to launch the vehicle in very limited numbers. Like the regular Vanquish S, the Ultimate edition is powered by Aston Martin’s legendary ...
FUJIFILM North America Corporation, Graphic Systems Division announces it will be increasing the prices of its offset printing plates. The price increase is a result of raw material cost increases, most significantly driven by substantial ...
Smurfit Kappa Group (SKG) has reported revenue of €2.12bn for the third quarter of 2017, representing a growth of 4% compared to the same period last year. For the full year that ended 30 September 2017, the company reported revenue ...
Tags: Smurfit Kappa Group, packaging
Electronics For Imaging (EFI) and Flint Group division Xeikon have signed a partnership deal for digital label printing. As per the deal, Xeikon will provide global sales, service and support for the EFI’s Jetrion digital label and ...
Tags: Digital Label Printing, Printing
American food company Hormel Foods has agreed to acquire deli meat and salami company Columbus Manufacturing from Arbor Investments for about $850m. The acquisition places Hormel as a complete deli solutions provider and also boost its ...
Tags: Hormel Foods, authentic products
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels