French automaker Renault will be showcasing a new concept – Symbioz – at the 2017 Frankfurt Motor Show to be held on 12 September. Renault stated that Symbioz will culminate autonomous, electric and connected mobility ...
Tags: Frankfurt Motor Show, Renault
Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
Seaboard Triumph Foods (STF) is set to begin commercial operations at its new pork processing plant in Sioux City, Iowa from 5 September 2017. STF said that the new facility will make use of robotics and other technologies to supply a ...
The Renault-Nissan Alliance and Dongfeng Motor have established a joint venture (JV) to co-develop electric vehicles in China. The new JV, dubbed eGT New Energy Automotive, will manufacture vehicles with zero-emissions. It will use the ...
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
Austria-based plastic packaging firm Greiner Packaging has acquired the remaining 49% stake in Turkish joint venture (JV). Greiner acquired 51% majority stake in Teknik Plastik and Teknik IML in 2015, which were merged to form Teknik ...
Tags: Packaging, Remaining Stake
Mouvent said its Cluster technology can now be adapted for all substrates, of all widths, for all markets. Mouvent, a joint venture formed by BOBST and Radex in June 2017, serves as energy provider for BOBST. The Mouvent Cluster ...
Tags: Mouvent, Inkjet Cluster
US-based meat-processing company Smithfield Foods has acquired Kansas City Sausage for an undisclosed price to grow its packaged meats business and boost its supply chain. Kansas City Sausage is a pre-rigor sausage producer and processor ...
Tags: Smithfield Foods, meat
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...
Tags: Renault, Renault products
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
New figures have revealed that UK local authorities collecting beverage cartons for recycling from kerbside has reached 66%. The Alliance for Beverage Cartons and the Environment (ACE ) UK said it was a 16-fold increase on 2006 levels ...
Tags: beverage cartons, beverage
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper