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
Xpeng Motors has showcased its EV-G3 at the International CES 2018 in Las Vegas, Nevada, US with four attributes to usher in a new era of autonomous driving experience. It is also the first mass production version of the intelligent car ...
Tags: Xpeng Motors, CES 2018
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
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
X-Rite’s eXact family of handheld spectrophotometers is now supporting new ISO standard for Spot Color Tone Value (SCTV). eXact allows printers and packaging converters to understand, control, manage, and communicate color through ...
Tags: ISO standard, spectrophotometers
Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
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
General Motors has launched the automotive industry’s first commerce platform for on-demand reservations and purchases of goods and services. With Marketplace, drivers can now order and pay for their favorite coffee — and much ...
Tags: General Motors, Automotive
Graphic Packaging International (GPI) is set to invest $136m to modernize its Macon mill in Macon-Bibb County, Georgia. The statement was made by Georgia Department of Economic Development (GDEcD) and the Macon-Bibb County Industrial ...
Tags: Graphic Packaging, Packaging
Amazon introduced “Frustration-Free Packaging,” an invention designed to reduce waste and delight customers with easy-to-open, 100% recyclable packaging, ten years ago this holiday season. Frustration-Free Packaging ends ...
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
Berlin Packaging, the leading full-service supplier of plastic, glass, and metal containers and closures, has expanded its Saint Louis-area warehousing and inventory management capacity with its move to a new 62,000-square-foot Food Grade, ...
Tags: Berlin Packaging, Packaging
A new set of rules for organic farming has been endorsed by the European Council (EC) with an aim to provide uniform quality organic food items to consumers across the continent. The EC says that the new rules will simplify and harmonise ...
Tags: organic food, Organic Farming
Germany-based printing inks manufacturer Siegwerk is striking new paths to further shape the future of packaging. The company said digitalized processes and partnerships with relevant start-ups will allow it to confront future industry ...
Tags: Packaging
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...