Valmet, a developer and supplier of technologies, automation and services for the pulp, paper and energy industries, has secured a contract to supply IQ moisturizer systems to Thailand-based SCG Packaging. Under the deal, Valmet will ...
Flint Group has increased the prices of its packaging inks products due to incremental cost escalation forces. Further to announcements made in March 2017, it has become clear that the raw material markets for many components within Flint ...
Tags: Flint Group, Packaging Inks
Packaging firm Sonoco has entered into a research partnership with Clemson University to develop advanced packaging solutions for the fresh food products. As part of the Sonoco Food Research Excellence for Safety and Health (FRESH), the ...
Tags: Sonoco, Packaging, Fresh Food Products
The China LED lighting market will exceed $24bn by end 2024, forecasts Renub Research in a new report. Escalating urbanization, price cuts and local energy savings targets are making the technology more tempting. China’s lighting ...
Tags: LED market, LED lighting
Ride-hailing company Lyft has secured approval to start trial of its self-driving vehicles in the US state of California. The approval allows Lyft to join the likes of companies such as Google’s Waymo, Uber, Apple, Ford and ...
Tags: Self-Driving Cars, Apple
Germany-based printing inks manufacturer Siegwerk is striking new paths to further shape the future of packaging. The company said digitalized processes and partnerships with relevant start-ups will allow it to confront future industry ...
Tags: Packaging
US-based paper and packaging solutions provider WestRock plans to invest $410m at its kraft linerboard mill in Florence, South Carolina, US. The two-year investment plan will see installation of a 330” kraft linerboard machine and ...
Looking at the great growth potential of Taiwan's bio-technology industry, Henri Lenferink, the mayor of Leiden, a city and municipality in the Dutch province of South Holland, led a delegation to Taiwan earlier, discussing cooperation ...
Tags: Biotech Industry
France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
DS Smith’s business unit Tecnicarton, along with Zumex, has developed a new packaging to improve the transport of parts for juicers. The solution protects parts and facilitates handling by operators. It has been designed to ...
Tags: Packaging, Juicer Crankcases
Clearwater Paper Corporation has reported financial results for the third quarter of 2017. The company reported net sales of $426.5 million for the third quarter of 2017, down 2.0% compared to net sales of $435.3 million for the third ...
Tags: Clearwater Paper, Packaging
Polymer giant Covestro is leading a consortium of 14 partners to study how plastics can be produced from flue gas from the steel industry in an efficient and sustainable manner. The investigation anchored by the materials manufacturer ...
Tags: Steel Plants, Plastics