Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...
Tags: Nissan, GSR Capital
The market for micro-LED and mini-LED products will grow to $1.38bn by 2022, forecasts a report by LEDinside (a division of market research company TrendForce). Micro-LED displays and Mini-LED backlight technology have been in the ...
Tags: LED market, LED product
Voith has introduced TerraSpeed Supreme roll coating featuring new design parameters for better stability and improved sheet release. TerraSpeed Supreme is already being used successfully in more than 15 installations worldwide. The ...
Tags: roll coating, Voith
Genesis Motor America, a California-based luxury automotive brand, is set to launch its new luxury sport sedan 2019 Genesis G70 in the US. G70 is the third of six new Genesis models slated to debut by 2021, and the final sedan of the ...
Tags: Genesis Motor, Sport Sedan
Private equity firms L Catterton and Ambienta have agreed to acquire Italy-based beauty packaging firm Pibiplast for an undisclosed sum. Based in Correggio, Pibiplast is engaged in designing and manufacturing of beauty and personal care ...
Allied Glass, in collaboration with the Retail Institute, Leeds Beckett University and Leeds Gin have recently run a competition for the final year design students to create a new premium gin pack for the Leeds Gin Brand. Students were ...
Tags: Allied Glass, Gin Pack
Packaging machinery solutions provider ProMach has expanded its Western US capabilities with new Southern California facility in Corona, California. The facility will serve as the company’s new home for upgraded and extended ...
Tags: Packaging machinery
Mercedes-Benz Cars is extending its capacities for electric cars in Europe with an investment of about €500m to manufacture electric compact car at Hambach plant in France. The Hambach plant in France will produce a compact electric ...
Swedish packaging firm Tetra Pak has introduced an innovative extrusion wheel which is capable of producing stick ice cream products with large inclusions at highest capacity. The wheel has the capacity to manufacture stick ice cream ...
Tags: Tetra Pak, Ice Cream Products
German automaker Daimler has started production of its Mercedes-Benz A-Class vehicle at the Mercedes-Benz Kecskemét plant in Hungary. This makes the Hungarian plant, about 90 km in the south of Budapest, the second location ...
Tags: Mercedes-Benz, A-Class
Global packaging firm Sonoco has purchased a 6-color direct-to-sheet digital printing press to produce point-of-purchase displays and other promotional packaging. The press allows brand owners to respond rapidly to a dynamic retail and ...
Sacmi is set to showcase its beverage and closure solutions at this year’s Expo Pack Mexico event. The world's third biggest market for SACMI Closures&Containers solutions and a key sales area for the entire SACMI Beverage range, ...
Tags: Sacmi, Containers
Revel Spirits is introducing both its brand, REVEL, and a new category of distilled liquor, Avila, made from 100% blue weber agave. Avila is also made from 100% blue weber agave—the same plant base as tequila—but grown in the ...
Tags: Revel Spirits, Distilled Liquor
The Reusable Packaging Association (RPA) has launched a new campaign to promote the value of reusable transport packaging systems for the movement of food from farm, producer, or processor to point of sale. The campaign demonstrates how ...
Tags: Reusable Packaging
Danish packaging company Primoreels has invested in a new Nilpeter all-new FA press to increase printing quality and capacity. Primoreels is engaged in providing lidding solutions for the dairy sector and water/juice industries. The firm ...