Flexible packaging products manufacturer Bemis is planning to close two manufacturing facilities and separately cut about 300 jobs as part of its measures to reduce cost structure. The company unveiled its restructuring and cost savings ...
Tags: Flexible packaging, packaging
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We continue to make good progress with our strategy; improving our competitive performance, delivering a new wave of production growth, and maturing the next ...
Tags: Royal Dutch Shell, Peter Voser
Austria based paper and packaging company Mayr-Melnhof Karton has reported 5.9% rise in Q3 results. The Mayr-Melnhof Group was able to increase sales as well as profit in the first three quarters of 2016 compared to the reference period ...
Tags: paper packaging, packaging
The latest analysis “2017 Global Lighting Market Outlook” by LEDinside, a division of TrendForce, finds that LED lighting market to worth US $29.6 billion in 2016 and is to rise to US $ 33.1 billion as of 2017. Meanwhile, the ...
Tags: LED lighting, LED
CEO Carlos Ghosn announced that Renault Brazil is going to extend its SUV lineup with the Kwid, Captur and New Koleos joining the bestselling Renault Duster. He also outlined plans for the company’s future in the country during a ...
Tags: Renault, SUV lineup
As a bellwether for the U.S. jewelry market and global diamond industry, this year's Las Vegas shows met the trade's conservative expectations. While foot traffic and diamond trading were slightly slower than previous years, jewelry sales ...
Tags: jewelry market, Las Vegas
Armanino Foods of Distinction reported record sales and profits for the fourth quarter and year ended December 31, 2015. Net sales in the fourth quarter were $9,044,580, an increase of 16% from the $7,793,293 posted in 2014's fourth ...
Tags: Armanino Foods, domestic markets
A small Chinese LED manufacturer Zhongshan Sover Lighting Company (Sover) patent infringement plaintiff filed against four leading industry players in China has been compared to as the battle between an ant and the elephant. Many company ...
The global market for laser materials processing systems reached a volume of US$ 11.6 billion in 2014. According to a preliminary analysis of 2014 data produced by Optech Consulting, based in Taegerwilen, Switzerland, that figure is up 8% ...
Tags: laser systems, fiber lasers, semiconductors
Traders of mined diamonds are divided over how to best respond to the growth of their laboratory-grown counterparts. Last week, India’s Bharat Diamond Bourse (BDB) became the second exchange to ban trading of man-made diamonds, ...
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
Akzo Nobel N.V. has reported a solid first quarter with positive developments in all three Business Areas despite a challenging market environment. First quarter operating income increased 42 percent to €306 million, reflecting the ...
Tags: AkzoNobel, Specialty Chemicals
On March 27, the second meeting of XCMG Overseas Marketing Strategy Consultative Committee (XCMG OMSCC), with the topic of "communication, cooperation and innovation", was held at XCMG headquarters. Over 30 representatives from overseas ...
Tags: XCMG OMSCC, Transportation, Auto Parts
Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...
Tags: Pending Home Sales
In previous posts, I examined the high-tech industry in significant detail by picking a representative sample of leading systems, software, and semiconductor companies. Taken as a group, the selected firms serve the full range of ...
Tags: Electronics Industry, Electronics