Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
Nestlé’s KitKat brand has launched a new peanut butter flavour of its shareable KitKat Bites. The introduction of the new flavour marks the first time that the praline layer of KitKat has been replaced. Peanut butter fills ...
Tags: KitKat, Peanut Butter
SAFI, organiser of the Maison&Objet trade fairs, announced the suspension of its Asian and American editions in order to concentrate all of its available means and resources on the Paris-based events, as well as on the promising launch of ...
Tags: digital platform, SAFI
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
China, as a major market for renewable electricity, has already announced to launch renewable energy certificate (REC) program officially since 2018. This system would be helpful for China to establish a firmer, healthier renewable energy ...
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Ford Motor is launching a new project designed to help enhance air quality in London as the automaker accelerates its electrification plans with 13 new global electrified vehicles due for introduction in the next five years. The project, ...
Tags: Ford, Commercial Vans
General Motors (GM) and Honda are investing $85m each into a joint venture (JV) that intends to start mass production of hydrogen fuel cells by 2020. The JV, Fuel Cell System Manufacturing, will operate within GM's existing battery pack ...
Alpine 4 Technologies is providing Elio Motors its 6th Sense Auto and BrakeActive products, as well as related manufacturing, data sharing and engineering resources. Elio Motors, based in Phoenix, is a high-profile startup vehicle ...
Tags: Elio Motors, BrakeActive products
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
UQM Technologies has signed a development agreement with Michigan-based Meritor to jointly develop full electric axle systems (E-Axles) targeting the medium and heavy-duty commercial vehicle market. The development program is expected to ...
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
UK-based consumer goods maker Unilever has made a commitment to ensure usage of 100% recyclable plastic packaging by 2025. Besides ensuring all of its plastic packaging is designed to be fully reusable, recyclable or compostable, the firm ...
Tags: Plastic Packaging, Unilever
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage