In a first for the carton packaging industry, Tetra Pak announced on June 26 that it plans to sign an agreement with Braskem, the largest thermoplastic resins producer in the Americas, for the supply of low-density polyethylene (LDPE) made ...
Tags: Packaging, Printing, carton packaging industry, carton packaging
The manufacturer, which specialises in fresh prepared foods, announced today (June 13) that it had completed financial negotiations with banks enabling it to pay off some of its debt and extend existing loan agreements. As a result, ...
Tags: Agriculture, Food
Italy-based underwriter Generali Group has entered into an agreement to dispose of its US life reinsurance business to SCOR, in a deal valued at nearly $920m in a grouping of cash and collateral. Under the terms of the transaction, nearly ...
Tags: Generali, Life Reinsurance
SKG has set out targets to strengthen its sustainable business practices under seven key building blocks including: Chain of Custody, CO emissions, Waste, Water, Health & Safety, Sustainable Sourcing, and Community Involvement. Detailed ...
Tags: Kappa, Sustainability Plan, Packaging
Irish paper-based packaging products manufacturer Smurfit Kappa Group (SKG) has announced publication of its vision on sustainability which creates additional objectives for the business up to 2020. The vision also extends and builds on ...
Tags: Smurfit Kappa, Long Term View
China is likely to make substantive moves this year toward initiating an anti-dumping investigation into wine imported from the eurozone, the China Security Journal reported on May 21, 2013. The government may take a further step in ...
LIKE several Japanese technology firms, Toshiba has its back to the wall. The vagaries of the yen, decline in demand for TVs and computers and Japan's earthquake and Tsunami in 2011 left manufacturers wounded. Case in point is Toshiba ...
Tags: Toshiba, Laptop, Computer Products
Dutch consumer goods company Unilever has announced a voluntary open offer to increase its stake in its Indian subsidiary Hindustan Unilever (HUL) from 52.48% to up to 75%. Under the terms of the deal, Unilever agreed to pay INR600 ...
Tags: Unilever, Hindustan Unilever
The issue of the extraction and storage of renewable energies is of interest to scientists and politicians worldwide. For this reason, Messe Düsseldorf has begun to export the successful Energy Storage Düsseldorf concept and to ...
Swedish commercial vehicle manufacturer Scania has secured a contract to supply the powertrains to the Terex Construction's rigid dump truck, the TR60. The vehicle manufacturer will power the truck with a 16L V8 industrial engine that ...
Tags: Scania, Powertrains, Dump Truck
The Pakistani caretaker government March 26 announced a ban on tinted auto glass and motorcycle helmet visors as part of an effort to improve the law-and-order situation ahead of the May 11 election. "On March 19, Karachi police announced ...
Tags: Auto Glass, Glass, tinted glass
On 26th February 2013, Savio Machine Tessili S.p.A. has become the controlling shareholder of the company Mesdan S.p.A., with the support of the private equity fund Alpha (major shareholder of Savio Group). With this acquisition, worth ...
Wärtsilä, the marine industry's leading solutions and services provider, has been contracted by the Korean yard STX Offshore & Shipbuilding, to supply exhaust gas cleaning systems for four new Container Ro/Ro (ConRo) vessels being ...
Tags: Wartsila, marine industry, Exhaust Gas Cleaning Systems
European confectioner Cloetta saw its losses widen in 2012 thanks to the merger that formed the company last year but it reported improved profits in the fourth quarter. In the 12 months to the end of December, the company made a net loss ...
Swiss dairy group Emmi has acquired a 70% stake in AVH Dairy Trade, the Netherlands-based producer of goat's and sheep's milk products, for an undisclosed fee. Emmi said today (8 January) the deal, which cleared on 1 January, reinforces ...
Tags: dairy group, Emmi, stake, AVH Dairy Trade, milk products