Flexible packaging and labels provider Constantia Flexibles Group has purchased a new printing technology for installation at its manufacturing site in Louvain, Belgium, in a bid to boost its pharmaceutical packaging business. The firm ...
Tags: Flexible packaging, packaging
Drake Plastics has unveiled the capacity and facility expansion of its medical products operating unit, which was launched in February 2016. Drake Plastics Medical was formed to better serve the specialized requirements of the medical ...
Tags: Drake Plastics, Medical Products
Microsoft has agreed to license a batch of patents to Toyota to enhance connected car experience for consumers. Financial details of the agreement have not been disclosed. The deal will give Toyota access to a suite of in-car technologies ...
UK-based Linpac has introduced a new range of rigid rPET solutions for the food service industry. The new range, which includes New Leaf, Pyramid Packs, Bol and event platters, will complements Linpac’ portfolio of EPS Hotpacs, ...
Tags: Linpac, rPET, Foodservice Industry
Constantia Flexibles is planning to close its plant in Bucharest in Romania in a bid to optimize its film-based flexible packaging, manufacturing footprint in Europe. Expected to be finalized by July 2017, the manufacturing site closure ...
A new research from market intelligence firm Infiniti has revealed that green packaging taking the reins from plastic. The world is turning green: from environmentally-friendly energy sources, cosmetics, food products, and electronics, ...
Tags: Green Packaging, Plastic
Harbour Group subsidiary, Lindstrom has acquired Hodell-Natco Industries’ packaged fastener and master distribution business. Terms of the transaction were not disclosed. Hodell-Natco is a leading distributor of fasteners and ...
Tags: transaction, Lindstrom, fasteners
China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year. Analysts said the low consumer ...
Tags: retail inflation, vegetables, food prices
The worldwide wearable market reached a new all-time high as shipments reached 33.9 million units in the fourth quarter of 2016, growing 16.9% on year. Shipments for the entire year grew 25% as new vendors entered the market and previous ...
Tags: wearable market, smart wearables
As LED market penetration rate continues to increase, global LED market growth has slowed down in recent years. In China, domestic LED chip manufacturers have exceeded a dominant 70% market share. In addition, global companies have ...
Tags: LED industry, LED chips
Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...
Private equity firm Kohlberg & Company has agreed to acquire Pexco, a North American specialty plastics manufacturer, from Odyssey Investment Partners. Upon completion of the deal closes, Pexco will merge with Kolhberg portfolio company ...
Tags: Kohlberg, specialty plastics
Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
CCL Industries, a world leader in specialty label and packaging solutions for global corporations, government institutions, small businesses and consumers, reported record fourth quarter and annual financial results for 2016. Sales for ...
Tags: CCL Industries, specialty label, packaging