Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
Donaldson has introduced the next generation of sterile air filters with its new P-SRF line. The advanced technology of P-SRF filters lowers production costs while improving the purity of air used in product processing and packaging. ...
Tags: Donaldson, Air Filters
UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...
Tags: UPM Paper ENA, graphic paper
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...
Tags: glass recycler, bead
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
Hosting 383 exhibitors from 11 countries and areas namely Germany, Switzerland, Sweden, Czech, the U.S, Japan, South Korea, India, Taiwan, Hong Kong and China, Taiwan's most influential textile trade fair, 2017 Taipei Innovative Textile ...
Tags: Textile, Textile Market
Mitsubishi Electric will be showcasing its EMIRAI 4 concept car featuring next-generation driving-assistance technology, which can help reduce traffic accidents and contribute to a safe, convenient and environmentally friendly ...
Tags: Mitsubishi, Concept Car
Neenah Paper has signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital ...
German luxury automaker BMW will be investing EUR400m to expand its its FIZ research and innovation centre in Munich. The “FIZ Future” masterplan, which was developed as part of an urban development competition, will expand ...
Tags: BMW, luxury automaker
US-based cookie and cracker manufacturer Kellogg Company has agreed to acquire Chicago Bar Company, the maker of protein bar brand Rxbar for $600m. The addition of Rxbar, made from whole food ingredients, is expected to strengthen the ...
A subsidiary of Graphic Packaging has completed the acquisition of Spanish carton manufacturer Norgraft Packaging for an undisclosed sum. Norgraft, which aims at food and household goods markets, operates two converting plants in ...
Tags: Graphic Packaging, Packaging
BASF has agreed to divest its paper coating dispersions business in Pischelsdorf of Austria to Synthomer for around €30m. Synthomer Austria will acquire BASF production site in Pischelsdorf, which produces styrene butadiene rubber ...
Tags: Paper Coating Dispersions, BASF
Hong Kong-based pork supplying giant WH Group said that its subsidiary Smithfield Foods will acquire 100% stake of two Romanian packaged meats manufacturers Elit and Vericom for an undisclosed price. The acquisition will further expand ...
Tags: Smithfield Foods, Packaged Meats
The automotive LIDAR (light detection and ranging) system market is growing from $230m in 2016 to $2.5bn in 2026, with LIDAR semiconductor revenue rising from $103m to $1.8bn, according to a report by IHS Markit. The current generation of ...
Tags: semiconductor, cameras