LG Display, the world’s leading innovator of display technologies, announced today that it will invest KRW1.84 trillion (US $ 1.60 billion) to begin building a new panel plant in Paju, Gyeonggi Province, Korea, with production ...
Tags: LG Display, OLED panels
Confectionery company Mondelez’s Romanian arm is seeking a buyer to sell its chocolate factory in Poiana, Romania. The buildings and the 13,000sqm land area costs €2.1m, excluding taxes. The factory is located in Brasov. One ...
In response to the shift in the lighting market toward semiconductor-based technologies creating new growth opportunities, lighting company Osram GmbH of Munich, Germany says that it is to invest about €3bn in new technologies and ...
Tags: Osram, Lighting, Opto Semiconductors
Asian propylene term contract discussions for 2016 are likely to conclude at larger discounts than this year due to an increase in supply in the region, market sources said this week. A source at a producer in South Korea estimated the ...
Tags: propylene, spot market
Valmet is to supply a CompactCooking G2 pulp cooking system to Siam Cellulose's pulp mill in Ban Pong, Thailand. Siam Cellulose already operates two CompactCooking plants at its mills in the country. The 2-vessel continuous cooking ...
Tags: Valmet, Cooking System
US-based food and beverage company PepsiCo is opening its first Quaker Oats factory in China with an investment of CHF200m ($31.25m), in order to expand its nutritional offerings in the Asian country, as carbonated drinks business continues ...
Tags: Quaker Oats, PepsiCo
Honda Motor is reportedly planning to bring its self-driving car on the road by 2020, joining the automated car race. Major automakers such as Toyota and Nissan have already announced their entry to into the self-driving car market by ...
Tags: Self-Driving Car, Honda
Pharmaceutical and biologics company AstraZeneca has unveiled a new $224m worth production and packaging plant in Kaluga, Russia. The investment is said to be the largest foreign investment in the construction of a new pharmaceutical ...
Tags: Astrazeneca, Packaging, medicines
Thermoformed packaging provider Fabri-Kal is to open a new $50m production plant in Burley, Idaho, the US. The addition of 100,000ft2 facility will expand the company's presence in plastics thermoforming. The new plant will manufacture ...
Tags: Thermoformed packaging, compostable material, containers
When corn is cheap, hogs get plentiful. The annual Pork Powerhouses ranking of the 25 largest producers in the U.S. shows a gain of 128,000 sows in the past year. With two new packing plants set to open in 2017, producers are gearing up to ...
Tags: corn, Pork, Smithfield Foods
BASF will expand its emollients and waxes production capacity with a new plant at its site in Jinshan, Shanghai. The investment, complementing the current production of wax esters, emulsifiers and primary surfactants in Jinshan, will ...
Tags: BASF, Emollients, waxes
Ball Corporation has increased its production capacity with the opening of a new aluminum aerosol can plant in northwest city of Ahmedabad, India. The move is in line with the company's Drive for 10 vision strategy of expanding its ...
Tags: Ball, aluminum aerosol can, metal packaging
Valmet will supply a CompactCooking G2 pulp cooking system to bleached paperboard and pulp company Clearwater Paper's mill in Lewiston, in the US state of Idaho. The supply is in line with Clearwater Paper's $160m upgrade project to ...
Liquid packaging specialist Aran Packaging is expanding its manufacturing presence to the US with the establishment of a new facility in Greer, South Carolina. The proposed facility will see an investment of around $5.2m and it will ...
Tags: Aran Packaging, Packaging
UK-based brewing company Morrow Brothers has opened a new bottling plant in Buckshaw Village, near Chorley in Lancashire. The new plant has received a £23,750 grant from Chorley Council for the purchase of bottling equipment, ...