Demand for pharmaceutical packaging globally is projected to advance 6% a year to reach a value of $112bn in 2021, according to Freedonia’s latest study. Aging populations, rising levels of acute and chronic conditions, and new ...
Toyota's luxury brand Lexus has launched its new crossover LF-1 Limitless at the North American International Auto Show 2018. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at Detroit. ...
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
PACCAR has launched the new PACCAR Automated Transmission, the lightest heavy-duty transmission for on-highway commercial vehicles. The PACCAR transmission is designed to complement the superior performance of PACCAR MX engines and PACCAR ...
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack
Continental and Huawei have successfully conducted field trials for testing the efficiency of Cellular Vehicle to Everything (C-V2X) communication standard in Shanghai. C-V2X is emerging as a promising wireless communication technology, ...
Tags: Continental, Huawei, Cellular Vehicle
Denso announced that it will exhibit at CES 2018 at the Las Vegas Convention and World Trade Center in Las Vegas, Nevada from Tuesday, January 9 to Friday, January 12, 2018. At the exhibition, DENSO will present its future of mobility and ...
US-based differentiated paper and packaging solutions provider WestRock has signed agreements to acquire all of the assets of Plymouth Packaging, a corrugated packaging company, for an undisclosed amount. Under the terms of the deal, ...
Tags: Westrock, Plymouth Packaging
China-based artificial intelligence (AI) firm SenseTime has collaborated with Japanese car manufacturer Honda to develop smart AI cars with autonomous driving. The companies will integrate Honda’s vehicle control system with ...
Tags: Honda, Self-Driving Cars
Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...
Clariant has launched new 3D Printing business to meet the demand of the fast-changing Additive Manufacturing market for premium and customized 3D printer filaments. Additive Manufacturing (AM) is growing at a rapid pace globally, with ...
Tags: 3D Printing, Additive
ROHM of Kyoto, Japan is to provide full-SiC (silicon carbide) power modules to the VENTURI Formula E team during season 4 (2017–2018) of FIA Formula E (the world’s first formula racing championship for all-electric vehicles), ...
Tags: Power Modules, silicon carbide
CSafe Global has secured approval from the Federal Aviation Administration (FAA) for its new RAP ULD container. Part of the firm’s active and passive cold chain packaging solutions, the new CSafe RAP temperature controlled container ...
Tags: RAP ULD container, container
Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...
DS Smith Tecnicarton has exhibited multi-material packaging solutions at the Europack Euromanut event in France. The event is being held between 21 and 23 November in the French city of Lyon. At the event, the company has showcased ...
Tags: corrugated packaging, liquid bulks