Gogoro Inc, a Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure, has raised another US$300 million (NT$9 billion) as it looks to further expand to new regions and product ...
Tags: electric scooters, battery
Volkswagen has unveiled a plan to roll out 80 new electric vehicles, including about 50 purely battery-powered vehicles and 30 plug-in hybrids, by 2025. The company launched what it claims to be the most comprehensive electrification ...
Tags: Volkswagen, electric vehicles
Chocolate and cocoa products manufacturer Barry Callebaut has agreed to purchase the ingredients division of Gertrude Hawk Chocolates. This acquisition will strategically expand Barry Callebaut’s Specialties & Decorations business, ...
Tags: Chocolate, cocoa products
Andritz has started up the TM5 tissue machine delivered to Guizhou Chitianhua Paper Industry, at its location in Chishui, Guizhou Province, China. The new PrimeLineST tissue machine, with a design speed of 2,000 m/min and a paper width of ...
Tags: TM5 tissue machine, Paper Industry
Graphic Packaging International has unveiled plans to shut down its recycled paperboard mill in Santa Clara of California by end of this year. The company took the decision based on the evaluation of the facility's manufacturing ...
Tags: Graphic Packaging, Packaging
Shareholders of Refresco Group have approved the acquisition of Cott's bottling activities for $1.25bn in cash. The deal is anticipated to close in the fourth quarter of this year subject to certain closing conditions and regulatory ...
Tags: Refresco Group, bottling
Japanese automaker Honda Motor has agreed to pay a compensation of $605m related to the Takata airbag issue in the US. The settlement covers more than 16.5 million vehicles in the country, for installing potentially faulty airbag ...
Tags: Honda Motor, Takata airbag
SPTS Technologies Ltd of Newport, Wales, UK (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has won a ...
Russian food firm Cherkizovo Group said that its Vasilyevskaya poultry production facility has received permission to export poultry products to Iraq. The Vasilyevskaya poultry farm, which is Cherkizovo Group’s largest poultry ...
Tags: poultry products, Poultry
China's direct investment in Pakistan from July last year to June this year stood at US$1.19 billion, up 11 percent year-on-year and accounting for 49 percent of the total foreign direct investment in Pakistan, according to the National ...
Tags: CPEC, Pakistan's Economy
China-based LED lighting firms recorded total export value of US$10.4 billion in first-half 2017, increasing 63% on year, and the corresponding export volume of 7.9 billion units grew 46% on year, according to Shenzhen Gaogong Industry ...
Tags: LED Lighting, LED light bulb
Investment holding firm Long4Life has agreed to acquire South-Africa based contract packaging firm Inhle Beverages for around R360m ($27.2m). Based in Heidelberg of Gauteng, Inhle is specialized in the canning and bottling of carbonated ...
Germany-based provider of packaging, printing, and specialty solutions Klockner Pentaplast will display its upgraded portfolio of rigid and flexible films for packaging at Pack Expo/Healthcare Packaging Expo 2017 on September 25 – 27 ...
Tags: medical devices, beverage
Independent commercial vehicle dealer IH Mobility, commonly known as Imperial in the UK, has acquired Pentagon Motor Group. Imperial is the largest independent Commercial Vehicle (CV) dealer group in the UK with a well-established network ...
Tags: Commercial Vehicle, CV
Iberdrola, through its American subsidiary AVANGRID Renewables, is currently building four wind farms and a photovoltaic plant in the USA, which will add almost 600 megawatts (MW) of capacity expected to be commissioned before the end of ...
Tags: Iberdrola, Renewable Energy