Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
The KHS Group, a manufacturer of filling and packaging systems for the beverage, food and non-food industries, will launch a compact labeler, Innoket Roland 40, at Drinktec 2017 trade show to be held in Munich, Germany, from September 11 to ...
Tags: Compact Labeler, Spirits Bottlers
Process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that ultraviolet short-wavelength light-emitting diodes (UV-C LEDs) research firm CrayoNano AS of Trondheim, Norway - which was founded in June 2012 based on research ...
Tags: UV-C LED, Graphene Growth
Canon Solutions America has added two new flatbed cutters to its Colex Sharpcut product line. The Colex Sharpcut range of Digital Finishing System was introduced last year as an entry-level cutting solution for customers. With the new ...
Tags: Canon, Sharpcut product
BMW has unveiled the limited run 7-Series Edition 40 Jahre before September's Frankfurt Motor Show. The vehicle commemorates the 40th anniversary of the model and will be restricted to only 200 units globally. It is expected to be ...
Tags: BMW, Frankfurt Motor Show
Self-driving vehicle technology developer Nauto has closed a $159m series B financing round for its growth and global expansion. A subsidiary of SoftBank and Greylock Partners led the round. Others participating in the round were ...
The Dow Chemical Company has developed a range of flexible packaging solutions to meet the requirements of the e-commerce market in Asia Pacific region. The company said that its patented expanded polyethylene (EPE) foam technology is a ...
China's biggest search engine Baidu and technology giant Microsoft have joined join forces in the intelligent cloud to advance autonomous driving. As part of the collaboration, Microsoft will provide assistance to Baidu in launching the ...
Tags: Microsoft, Autonomous Driving
The 2018 Honda Accord, which is claimed to be the first front wheel drive sedan to get a 10-speed transmission, has been unveiled in the US. It is the tenth generation Accord, which now comes with two-motor hybrid technology. Honda ...
Tags: Honda Accord, sedan
Huddersfield, England-based Swiftprint has purchased a new Matrix digital foiling & laminating system from Vivid Laminating Technologies. The move will allow Swiftprint to offer customised foiling solutions to its customers. Swiftprint, ...
Digital inkjet printing systems manufacturer Colordyne Technologies has introduced retrofit solution with process color UV inkjet engine. The 3600 Series UV – Retrofit is a compliment to the company's existing aqueous-based ...
Tags: Colordyne, Digital Inkjet Printing
WaveGrip is set to make its Drinktec debut in Munich, Germany, where it plans to showcase its multi-packing solutions for cans. The UK-based manufacturer claims that its hi-tech system has several advantages over the conventional ...
Erema said manufacturers are banking on its energy-saving add-on technology, including for food contact compatibility. Last year, Erema re-launched its Multi-Purpose Reactor (MPR) at its Discovery Day. The Austrian based manufacturer of ...
Semiconductor packaging and electronic assembly solutions provider Kulicke & Soffa (K&S) has expanded its advanced packaging presence with the acquisition of privately held Dutch packaging company Liteq. Financial terms of the acquisition ...
Tags: Semiconductor packaging, packaging