Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...
Tags: Tokyo Motor Show, Daimler
Automotive drivetrain supplier Dana has inaugurated a new axle production facility in Toledo, Ohio, at the site that was initially home to Willys-Overland Motors, which had developed the original Jeep. The 300,000 sq. ft. facility was ...
Tags: Jeep Wrangler, Jeep
Mahindra Automotive North America (MANA) has inaugurated a new North American headquarters and manufacturing facility, the first such new OEM facility in Southeast Michigan in over 25 years. The expansion is part of a $230 million ...
Tags: off-highway vehicle
Valmet, a developer and supplier of technologies, automation and services for the pulp, paper and energy industries, has secured a contract to supply IQ moisturizer systems to Thailand-based SCG Packaging. Under the deal, Valmet will ...
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
XPENG Motors has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018. He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and ...
Tags: XPENG Motors, Alibaba
Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
Packaging origination and graphics management company Contact Originators has invested in Esko XPS Crystal technology for the corrugate business. The firm is claimed to be the first in the UK in corrugated for its investment in Esko XPS ...
Tags: corrugate business, CDI imaging
Flint Group has increased the prices of its packaging inks products due to incremental cost escalation forces. Further to announcements made in March 2017, it has become clear that the raw material markets for many components within Flint ...
Tags: Flint Group, Packaging Inks
Packaging firm Schaumaplast has launched a product made from biomass-balanced Styropor from BASF. The firm produced the new Styropor packaging for ice cream from IceGuerilla.de, a start-up engaged in sending ice creams in Germany. ...
Tags: Packaging, Styropor packaging
Turkey-based Polinas Plastik Sanayii ve Ticareti has acquired flexible packaging solutions producer Propak. Polinas, which is owned by Ulker Group, has acquired Propak from Southeast Europe Equity Fund II (SEEF II) for an undisclosed sum. ...
Tags: Polinas, Flexible Packaging
International technology firm Andritz has been awarded a contract to upgrade stock preparation line of PM1 machine at Mariysky Pulp and Paper Mill, in Volzhsk, Russia. Under the contract, Andritz will upgrade the existing stock ...
Tags: PM1 machine, Pulp
Thermoformed packaging manufacturer RPC Bebo Bouxwiller has developed a multilayer pot for French dairy company Le Petit Basque’s new range of sheep’s milk specialities. RPC has provided a new packaging solution for Douceur de ...
Tags: Thermoformed packaging, dairy