Early in May, Luxlite, Epistar's sole distributor in China, has sent out an announcement of price adjustment, listing a number of reasons for price increase, including continuingly increased raw materials and manpower costs. Chinese LED ...
Tags: LED Package, LED Chips
India based HR Food Processing, the owner of Osam Dairy, has raised INR450m ($6.6m) in a new funding round to expand its milk production capacities. Lok Capital and existing investor Aavishkaar led the Series B funding round, reported The ...
Tags: HR Food Processing, Osam Dairy
Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...
Cargill has agreed to offload its 10-year-old Canadian egg processing facility in Etobicoke to the Global Egg. However, the transaction details were revealed by the two companies. Following the acquisition, the facility’s 53 ...
Wells Enterprises, an Iowa-based ice cream company, has announced to invest $40m in Le Mars facility to expand its production capacities. The manufacturer of the Blue Bunny ice cream brand and three other local companies have been awarded ...
Tags: Wells Enterprises, ice cream
Wipak Group has started operations of new packaging line in Finland. This is one of the biggest single investments ever taken in the history of the Wipak Group. About 20 million Euros have been invested by Wipak in Nastola for the ...
Tags: Wipak, new packaging line
Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
Some China-based solar-grade polycrystalline silicon wafer makers, in view of high inventory levels due to weak demand, have decreased the utilization of production capacities from 80-100% originally to 50-60%, according to industry ...
Tags: silicon wafer, PV
Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
For first-half 2016, deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has reported revenue of €55.5m, down 31% on first-half 2015's €80.7m, reflecting the ongoing weak demand environment in the firm's ...
Tags: Aixtron SE, MOCVD, GaN
For second-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics PICs
China’s new energy policies are driving the country’s domestic market for lithium batteries used in plug-in vehicles (xEVs). The strong demand from the xEV application has put pressure on the supply lithium batteries used in IT ...
Greiner Packaging has established a joint venture (JV) company in India, in a bid to expand its operations in the country. The European company, along with Indian plastic packaging firm Century Ultrapack, has established a new JV firm ...
Rochling Group is investing €35m in its Neuhaus am Rennweg plant, creating 70 new jobs. This will enable a significant expansion in the production capacities of Rochling-HPT Hochwertige Pharmatechnik GmbH & Co. KG, giving a ...
Tags: diagnostic industry, GMP class, C clean room
GNT Group has started the construction of another spirulina plant to double its production capacities for blue and green colouring foods. New spirulina plant is coming up at its headquarters in Mierlo, the Netherlands. The move to ...