US-based Imperial Bag & Paper has acquired Florida-based Peninsular Paper Products for an undisclosed sum. It is the ninth acquisition under the leadership of Imperial CEO and President Robert Tillis and Jason Tillis, respectively. Both ...
Tags: Imperial Bag, Paper Products
Ohio Pack is set to invest around $25m to develop a new manufacturing facility in Heath, Ohio, US. The new 135,000ft² facility will be constructed on a 20-acre site in the southern end of the Heath-Newark-Licking County Port ...
Tags: Ohio Pack, plastic film
US Foods has agreed to acquire California-based meat manufacturer FirstClass Foods for an undisclosed price. Headquartered in Hawthorne, FirstClass Foods has about $55m in annual sales. Since 1962, FirstClass Foods has been delivering ...
Tags: US Foods, FirstClass Foods
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
Carbonics Inc of Marina Del Rey, CA, USA has launched its ZEBRA carbon-on-silicon technology for radio frequency (RF) components and devices in wireless, communications, defense and aerospace markets. Carbonics was spun out from ...
The European Bank for Reconstruction and Development (EBRD) is providing a $15m loan to Agrofusion Group, the largest tomato paste producer and exporter in Ukraine. Agrofusion, a vertically integrated and family-owned company, is planning ...
Tags: European Bank, tomato
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...
Tags: coal, coal demand
Zhengzhou, capital of central China's Henan province, is "the most romantic city" in China, according to a list compiled by Amazon China. The list is based on sales of books on "romantic" subjects, such as love and marriage, from 50 ...
Tags: romantic city, Zhengzhou
Ancient bones unearthed in Xi'an, capital of Shaanxi province, have led archaeologists to suggest that the area may have been home to wild crocodiles thousands of years ago. Experts have been excavating the Haojing site since the 1930s, ...
Tags: Crocodile Bones
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
US-based beverage company NuZee has partnered with DC Scott & Associates Food Brokerage to expand the distribution of its products sold under Coffee Blenders brand. With the agreement, the San Antonio, Texas-based DC Scott & Associates ...
Sazerac has acquired the Popcorn Sutton Distillery in Newport, Tennessee, for an undisclosed sum. The acquisition allows Sazerac to enter Tennessee whisky market. In an interview to Mail Online, Sazerac’s spokeswoman Amy Preske ...
Tags: whisky, whisky market
As 2016 comes to an end, there were many exciting and surprising technology breakthroughs, based on statistics complied by LEDinside there were at least 10 major technology advancements this year. American researchers make droop free LEDs ...
Fiat Chrysler Automobiles (FCA) has secured a €250m loan from the European Investment Bank (EIB) for its research and development (R&D) projects. The three-year loan will support the automobile manufacturing group’s activities ...
Tags: Chrysler, R&D Projects
After the battle in a number of areas, the Alibaba and the Tencent began a cloud market stalemate. December 15th, Ali cloud in the cloud habitat Convention Guangdong branch announced that Ali cloud Japan officially opened the service, the ...
Tags: Alibaba, Tencent, cloud market