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. ...
The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
Pulse Roll Label Products & Partners is all set to showcase its new ink solutions at Labelexpo Asia to be held between December 5 and 8 in Shanghai, China. The UK-based company, alongside its partners Shanghai Value Tech and ANO, will ...
Tags: ink solutions, PureTone ink system
Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...
Tags: Tokyo Motor Show, Daimler
© Semiconductor Today Magazine / Juno Publishing The ultraviolet light-emitting diode (UV LED) market is growing at a compound annual growth rate (CAGR) of 24.8% from $178.4m in 2016 to $1311.7m by 2025, reckons market research firm ...
Tags: UV LEDs, LED market
European Plastics Converters (EuPC), a European trade association, has surveyed plastics converters across Europe to look at the current and future use of recycled content as well as incentives and barriers to its use. With high targets ...
Capitol City Produce Company has agreed to acquire the distribution operations of Table Fresh Foods, effective 30 December 2017 for an undisclosed price. Darin Arceneaux, COO of Capitol City Produce, said: "Table Fresh has a tremendous ...
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 ...
The Hain Celestial Group, a US-based organic and natural products company, has agreed to acquire Clarks UK, a sweetener, syrup and dessert sauce business, for an undisclosed price. The acquisition will be done through Hain Daniels, a ...
Tags: Hain Celestial, Sweeteners
Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
Packaging firm Sonoco has entered into a research partnership with Clemson University to develop advanced packaging solutions for the fresh food products. As part of the Sonoco Food Research Excellence for Safety and Health (FRESH), the ...
Tags: Sonoco, Packaging, Fresh Food Products
Saudi Arabia-based chemicals firm Sabic has added PP- Ultra Melt Strength (UMS) resin to its global foam portfolio. The new generation of melt strength polypropylenes, Sabic PP-UMS has a melt strength of more than 65cN with improved ...
Fresh vegetables supplier Mann Packing has announced new seasonal graphics for its vegetable trays. The holiday-themed winter graphics are featured on its 16.5oz (468g) and 40oz (1.13kg) Veggie Ranch trays for the U.S. and Canada. ...
Tags: Vegetable Trays, Packing
Tonejet has unveiled its first industrial production direct-to-can digital printing machine at InPrint 2017 in Germany. The Tonejet Cyclone machine is said to combine various patented technologies and eliminates long lead times and ...
Tags: Tonejet, Digital Printing Machine
Looking at the great growth potential of Taiwan's bio-technology industry, Henri Lenferink, the mayor of Leiden, a city and municipality in the Dutch province of South Holland, led a delegation to Taiwan earlier, discussing cooperation ...
Tags: Biotech Industry