International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
The 115th United States Congress has passed the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which reduces the federal excise tax for breweries, wineries and distilled spirits producers. Under the bill, the federal excise tax ...
Tags: Craft Beverage, Tax Reform Act
The US Food and Drug Administration has issued draft guidance for drug manufacturers to clarify when a gluten-containing ingredient has been used to make prescription and over-the-counter drugs. Gluten is a protein found in wheat, barley ...
Metrology and inspection equipment maker Lasertec Corp of Tokyo, Japan has launched the GALOIS defect inspection and review system series, designed specifically for the inspection and analysis of gallium nitride (GaN) wafers. The firm is ...
Tags: Metrology, inspection equipment
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
Praxis Packaging Solutions has selected TraceLink to help its pharmaceutical manufacturing customers comply with the serialization deadline for the US Drug Supply Chain Security Act (DSCSA) After experiencing connectivity challenges with ...
Tags: Praxis Packaging, Packaging
Three key global plastics recycling organizations, The Association of Plastic Recyclers (APR), Plastics Recyclers Europe (PRE), and the European PET Bottle Platform (EPBP), have created a coalition aimed at coordinating efforts on testing ...
Tags: plastics, PET Bottle
Valmet has delivered three IQ Moisturizers to Dunapack Mosburger's corrugated line in Strasswalchen, Austria, which will allow the plant to improve corrugated box quality and performance. The moisturizing system is used to rectify all ...
Feldmuehle Uetersen, a manufacturer of label papers, packaging papers and graphic papers, is restructuring its product portfolio and sales organization to strengthen its market position. As part of the exercise, six product segments of ...
API is set to introduce new custom-designed labels at this year’s Labelexpo Europe event in Belgium. The event is being held from 25 to 28 September in Brussels. At the event, the company will also showcase latest foils for the ...
Tags: API, print techniques
BTHA's Rebecca Deeming gives us the lowdown on the latest issues facing the toy industry. It’s been a busy last month for the BTHA having held our second BTHA Training Hub seminar for members, taking on the topic of Tackling Modern ...
Tags: Toy Fair 2018, Toy Safety
Infineon Technologies AG of Munich, Germany has signed a definitive agreement for the newly founded private company Neptune 6 Ltd to acquire its subsidiary manufacturing site IR Newport Ltd in Newport, Wales, UK. The deal is expected to ...
The US House has approved a proposal to accelerate the deployment of self-driving cars. The bill, known as the Self-Drive Act, is yet to become a law. When enacted, the law will enable auto-makers and tech companies to test 25,000 ...
Hybrid Software will exhibit its complete workflow and editing solutions at Label Expo Europe 2017. The increasing demand from printers and trade shops for innovative packaging production software has delivered significant growth for ...