Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
Cenveo has reported financial results for the fourth quarter and full year ended 31 December 2016. The reported results for all periods presented exclude the operating results of the Company's packaging operating segment and its top-sheet ...
Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
Print and packaging solutions provider Multi Packaging Solutions (MPS) has invested in a Heidelberg’s 18-unit Speedmaster XL 106 press for premium packaging. The press is planned to be installed at MPS East Kilbride facility in the ...
Tags: Premium Packaging, packaging
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
Steady buyer and designer attendance and strong order-writing set a positive tone at the largest-ever Winter 2017 Las Vegas Market, which ran January 22 to 26, 2017. Overall attendance surpassed last Winter’s all-time high, with 13% ...
Tags: furniture, Winter Market
Toyota Motor has partially redesigned the Vitz car with a 1.5-liter engine hybrid system and enahnced control of the engine, motor, inverter, and other parts. The Vitz2 is a core Toyota brand model that was initially introduced in 1999. ...
Tags: Toyota Motor, Hybrid System
Demax Graphic Arts Group in Bulgaria has invested in a fully-automated Edale FL5 single-pass flexographic press to print sophisticated lottery scratch cards. The press, the first of its kind in Europe, has been installed at the Demax ...
Tags: Demax Graphic, Flexographic Press
Samsung SDI has unveiled a new battery cell which allows electric vehicles (EVs) to run up to 600km with fast charging. Marking its 4th consecutive year, Samsung SDI (President and CEO: Namseong Cho) (KRX:006400) participated at the North ...
Last week we reported on an LG smartwatch passing through the USA’s comms regulator – and now two more have followed suit. On Friday, we wrote about a mystery device with the model number W280 becoming certified by the Federal ...
Tags: LG, Smartwatches
West London-based natural food ingredients supplier, Helios Ingredients, are preparing to launch their own-brand product: PURO Organic Virgin Coconut Oil, at The International Food & Drink Event (IFE) in March. The event takes place at ...
Tags: natural food, Helios Ingredients
BluWrap, a technology company that naturally extends the shelf life of fresh proteins, is introducing a new business model which allows customers to license its technology to ship seafood, pork and other proteins globally. By allowing ...
Worldwide shipments of traditional PCs (desktop, notebook, and workstation) totaled 70.2 million units in the fourth quarter of 2016, posting an on-year decline of 1.5%, according to the IDC Worldwide Quarterly Personal Computing Device ...
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
German group Korber has completed the acquisition of Fargo Automation, which is based in North Dakota, US. Fargo designs and manufactures packaging equipment for pharmaceutical and medical device industries. With this acquisition, Korber ...
Tags: Korber, medical device