Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
For second-quarter 2016, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $75.3m, down 8.6% on $78m last quarter and 42.7% on $131.4m a year ago, consistent with ...
Tags: Veeco, LED industry
GS1 Australia officially launched the new Apparel RFID Implementation Guidelines to provide retailers and suppliers in the Australian apparel, fashion and footwear industry with best practice guidance on RFID implementation based on global ...
Tags: RFID, GTIN, supply chain efficiency
Nikola Motor Company said that its R&D team has achieved 100% zero emissions on the Nikola One commercial class 8 truck. Nikola Motor Company founder and CEO Trevor Milton said: "While other companies have recently announced ...
Tags: Nikola Motor, truck, Zero Emissions
South Korea’s paper manufacturer Hansol Paper will speed up deleveraging effort to improve financial state that includes rights offering to be able to afford to venture into new areas for growth. Debts shot up as the company shifted ...
Tags: Hansol Paper, Paper
India based global flexible packaging firm Uflex has launched the EL-1300 extrusion lamination machine designed to efficiently laminate very thin LDPE substrates to woven polypropylene and also to paper/any packaging film. Capable of ...
Nutella-maker Ferrero International’s Canadian subsidiary is planning to expand its Ontario factory in Brantford to begin production of three new products. The company is looking to invest CAD36.1m ($27.6m) to scale up its ...
Tags: Ferrero, Australian markets
Spartan Motors has hosted General Motors (GM) and Isuzu Commercial Truck of America executives as they celebrate the first of the new Chevrolet medium duty trucks rolls off the production line at the Spartan Motors plant in Charlotte, ...
Tags: Chevrolet, Medium Duty Truck
India based food contract packer Schreiber Dynamix Dairies (SDDPL) has launched a second aseptic food processing and packaging facility at Fazilka in the state of Punjab, with an investment of Rs1bn ($14.8m). Launched in International ...
India based packaging firm Uflex has expanded its partnership with WaveFront Technology to manufacture Fresnel lens packaging films in Europe. The partners plan to commence film manufacturing in the final quarter of 2016. The ...
Tags: Uflex, Lens Packaging
Valspar is expanding production capacity at its Singapore facility to meet increased demand for its food and beverage packaging products in the Asia Pacific region. The expansion is expected to come on line in 2017. "This investment ...
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Mexican food company Grupo LALA has signed a strategic agreement with the Costa Rican firm Florida Bebidas for the production, distribution and sale of LALA products in Costa Rica. The partnership is expected to enable LALA to gain access ...
Greiner Packaging has announced the launch of the new coextrusion barrier foil facility at the Johannes Kepler University (JKU) in Linz, Austria. Co-financed by Greiner Packaging, the coextrusion barrier foil facility has been launched as ...
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