Graphic Packaging International, a subsidiary of Graphic Packaging Holding, has agreed to acquire Mexico-based folding carton maker G-Box. Both the companies have reached a definitive agreement to this effect. The deal covers the ...
Tags: Graphic Packaging, Folding Carton
Based on a report released by the Chemical Industry and Engineering Society of China, the total powder coatings output of the top 30 producers in China is 441.5 thousand tons in 2014, which is less than one third of total powder coatings ...
Tags: Powder Coatings, Coatings
Soft drink giants PepsiCo Inc and Coca-Cola Co are said to be holding separate talks to acquire minority interest in US-based yogurt maker Chobani. The move indicates that beverage companies are making efforts to diversify their business ...
Tags: Soft drink, PepsiCo, Coca-Cola Co, carbonated drinks
AkzoNobel has announced plans to invest in its Performance Coatings business in Vietnam. As well as doubling capacity at its powder coatings facility in Dong Nai, the company also intends to open a new office for Performance Coatings in Ho ...
Tags: AkzoNobel, Performance Coatings, paints
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
The scale of the Chinese LED package market grew 19% year on year to US$8.6 billion in 2014, according to the 2015 Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of the Chinese LED package market will ...
Tags: LED package, LED lighting
Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, ...
Tags: agricultural machinery, tractor
Troy Corporation has completed the previously announced acquisition of the industrial biocides business from Ashland Inc. Ashland Specialty Ingredients’ industrial biocides business was formerly owned and operated by ISP, Inc. ...
Tags: chemicals, Additives bull
Automobile major General Motors (GM) will pump in $119m in tools and equipment to boost the component output for its future vehicles at its Grand Rapids operations unit in Michigan, creating around 300 employment opportunities. The ...
Tags: Auto Parts, GM
China, the world's largest industrial robot market for the second year running in 2014, aims to become one of the leading manufacturers of the machines by 2030, trade delegates were told on Thursday. The goal was set out at the annual ...
Tags: Industrial Robot, Robot Industry
On March 18, XCMG's heavy-duty truck manufacturing base in Xuzhou National High-tech Industrial Development Zone was officially into production with the brilliant appearance of the first "HANVAN" heavy-duty truck. On the occasion when ...
Tags: heavy-duty truck, truck
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Swiss chocolate maker Barry Callebaut has agreed to acquire industrial chocolate manufacturing assets from US-based World's Finest Chocolate. Both the companies have signed a new long-term outsourcing agreement to this effect. As per ...
Tags: industrial chocolate, Food
The United States Trade Representative (USTR) has decided to pursue dispute settlement consultations with the Government of China at the World Trade Organisation (WTO) concerning China’s “Demonstration Bases-Common Service ...
Taiwan’s technology industry, being a major design and manufacturing base for the global IT industry, is now stepping up efforts developing Internet of Things (IoT) and smart city applications and therefore Taiwan has a chance to ...
Tags: retailing, building, campus, Electrical