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Hungary
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Mercedes-Benz to Invest €500m to Produce Electric Compact Car at French Plant
May 24, 2018Mercedes-Benz Cars is extending its capacities for electric cars in Europe with an investment of about €500m to manufacture electric compact car at Hambach plant in France. The Hambach plant in France will produce a compact electric ...
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Mercedes-Benz Kecskemet Plant Starts Production of New A-Class
May 17, 2018German automaker Daimler has started production of its Mercedes-Benz A-Class vehicle at the Mercedes-Benz Kecskemét plant in Hungary. This makes the Hungarian plant, about 90 km in the south of Budapest, the second location ...
Tags: Mercedes-Benz, A-Class
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ADM to Buy 50% Stake in Aston Foods's Sweeteners and Starches Business
Mar 5, 2018Archer Daniels Midland (ADM) has agreed to acquire 50% stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. ADM Europe, Middle East and Africa president Pierre Duprat said: “ADM has ...
Tags: Sweeteners, Aston Foods
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DPI Direct Invests in Edale FL3 Flexographic Press
Dec 14, 2017US-based printing services provider DPI Direct has invested in eight-color Edale FL3 flexographic press, in a bid to enhance its production operations. The Edale FL3 flexographic press features 430mm web width, AiiR system and converting ...
Tags: Flexographic Press
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Hungary's Norma Invests in Edale FL3 Label and Packaging Printing Press
Nov 24, 2017Hungary-based label producer Norma has invested in nine-color Edale FL3 label and packaging printing press, in a bid to enhance its production operations. The nine-color Edale FL3 press with UV curing will allow the label and packaging ...
Tags: Printing Press, packaging
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United Caps to Acquire Closures4you's Plastic Closures Division
Oct 19, 2017United Caps, a Luxembourg-based high performance cap and closure systems manufacturer, is set to acquire the plastic closures division of Closures4you. The acquired assets include 28mm caps for re-usable glass bottles as well as for ...
Tags: United Caps, Plastic
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Ford, Chinese Automaker Anhui Zotye to Form EV Joint Venture
Aug 28, 2017American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
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Guardian to Build New Float and Coated Glass Facility in Poland
Aug 10, 2017Guardian Industries is investing in a new float and coated glass manufacturing facility in Czestochowa, Poland. The new plant will meet the increasing demand for float, coated and fabricated glass products across Europe. Located next to ...
Tags: Guardian Industries, Coated Glass
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Bericap to Showcase New Closures for Carbonated Beverage Market
Jul 19, 2017Plastic closures manufacturer Bericap said it will showcase its tried-and-tested closure systems and new product features at the upcoming drinktec event, which is due to be held in September this year. At the event, which will be held in ...
Tags: Bericap, Carbonated Beverage
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United Caps to Buy Dewit Plastics’ Caps, Closures and Handles Business
Jun 5, 2017Luxembourg-based United Caps has agreed to acquire Dewit Plastics’ acquire caps, closures and handles business for an undisclosed sum. Under the deal, United Caps will acquire screw, tamper-evident (TE) and child-resistant (CRC) ...
Tags: United Caps
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Samsung Sdi Completes Construction of Ev Battery Plant in Hungary
Jun 1, 2017Samsung SDI has completed the construction of an electric vehicle (EV) battery plant in Hungary. Samsung SDI President Jun Young-hyun hosted a completion ceremony for the state-of-art electric vehicle (EV) battery plant scheduled to open ...
Tags: Samsung SDI, electric vehicle, battery
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Australia Wins Tobacco Plain Packaging Case
May 9, 2017Media reports suggest that Australia has won a landmark trade case related to plain packaging of tobacco products. A ruling from the World Trade Organization (WTO) yet to be published but leaked to a section of the media reveals that the ...
Tags: Tobacco, Plain Packaging
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Asahi to Take Eur7.4bn Loans to Fund SABmiller's Assets Purchase
Mar 30, 2017Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...
Tags: beer, Asahi Group
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ADM Secures Exclusivity for Proposed Purchase of Chamtor
Mar 29, 2017Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...
Tags: wheat, sweeteners
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Samsung SDI Unveils Battery Powering 500km Drive on 20-Minute Charge
Jan 17, 2017Samsung 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 ...
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