Latest industry figures gathered by ACE, the Alliance for Beverage Cartons and the Environment, revealed that the European Union (EU) recycled 47% of all beverage cartons placed on the market, or about 430.000 tonnes, in 2016. The ...
Tags: Beverage Carton
Kaiam Corp of Newark, CA, UA (which makes optical transceivers for hyperscale data centers) has announced general availability of the XQX5000-series of QSFP28 100G-CWDM4 transceivers based on its LightScale2 platform. The product is ...
Tags: optical transceivers, packaging
German automaker, BMW Group has showcased a new concept Z4 at Concours d’Elegance at Pebble Beach in California, US. The BMW Group is using the Concours d’Elegance at Pebble Beach to present its exciting new take on a BMW ...
Tags: BMW Group, Pebble Beach
American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
III-V optoelectronic foundry Compound Semiconductor Technologies Global Ltd (CST Global) of Hamilton International Technology Park, Blantyre, near Glasgow, Scotland, UK (a subsidiary of Sweden-based Sivers IMA Holding AB) has announced a ...
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
US corrugated packaging firm Westrock has reported net sales of $3.69bn for third quarter ended 30 June 2017, compared to $3.59bn for the same period last year. Net incone was $328.1m in the quarter, compared to $92.3m in the year-ago ...
Tags: corrugated packaging, packaging
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
England based packaging firm WaveGrip has teamed up with Palmer Canning Systems, a provider of can filling and seaming technology solutions, to set its footprint in the US market. According to the agreement, the G1 and G2 variants of the ...
Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
The global rigid plastic packaging inks and coating market to grow at a CAGR of 5.41% during the period 2017-2021, according to new report. The "Global Rigid Plastic Packaging (RPP) Inks and Coating Market 2017-2021" report has been added ...
Tags: Rigid Plastic Packaging, Packaging
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
UK-based corrugated cardboard maker DS Smith has signed a conditional agreement to acquire a majority stake in US packaging firm Interstate Resources from Merpas for $920m. DS Smith and its US subsidiary DS Smith Holdings have signed the ...
Tags: corrugated cardboard, packaging