Flint Group is showcasing a portfolio of imagers, printing plates and equipment, sleeves, inks and digital printing solutions for the label and packaging industry at Labelexpo show in Brussels. The nyloflex Xpress Thermal Processing ...
Tags: Flint Showcases, UV
Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
O-Net Technologies (Group) Ltd of Shenzhen, China (which provides optical networking products for telecoms and datacoms applications) has launched a 980nm uncooled pump laser in small-form-factor TO-Can package, a high-power laser for ...
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
With the migration from 10G and 40G to 100G data rates accelerating considerably until 2020 (with more than 15 million 100G ports expected to be deployed), Source Photonics Inc of West Hills, CA, USA (which provides broadband access optical ...
Tags: Source Photonics, Transceiver
Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...
Tags: Foodservice Packaging, Paper
Food packing firm Hilton Food Group has signed a long term supply agreement with Tesco Central Europe to produce fresh food. This development supports Hilton’s strategy of providing key retail partners globally with a diversified ...
Tags: Hilton Food, Fresh Food
For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...
For fiscal first-quarter 2018 (ended 1 July 2017), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $639.9m, down slightly on ...
Tags: Qorvo, IDP product
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
For first-half 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.5m, up 80% on €7m in first-half 2016, ...
Valmet has secured an order to supply EVO-56 defibrator system to Chinese firm Chiping County Senqiang MDF, which belongs to Sensen group. The new defibrator system will produce 30 tons per hour bone dry (bd) unresinated fiber. It will ...