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China Leads on The Road to Clean Energy

Apr 30, 2019

The steel and coal industries in China face new capacity cuts in a further bid to cut pollution in the country. That's according to the National Development and Reform Commission, who have announced plans to suspend construction of large ...

Tags: steel, coal industries

Groupe PSA to Set up Vehicle Assembly Facility in Namibia

Mar 19, 2018

French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...

Tags: Groupe PSA, Opel vehicles

Tyson Foods to Invest $84m in Tennessee Poultry Plant Expansion

Aug 18, 2017

American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...

Tags: Tyson Foods, chicken

Iberdrola Will Add Another 600mw of Renewable Energy in US Before The End of The Year

Aug 15, 2017

Iberdrola, through its American subsidiary AVANGRID Renewables, is currently building four wind farms and a photovoltaic plant in the USA, which will add almost 600 megawatts (MW) of capacity expected to be commissioned before the end of ...

Tags: Iberdrola, Renewable Energy

Sonoco-Alcore to Raise Paperboard Prices in Europe

Jul 7, 2017

Sonoco-Alcore said that it will again increase prices by a further €50 per tonne (£40 / tonne) on all recycled paperboard grades sold in its European regions. The price change is effective with shipments on or after 17th July ...

Tags: Paperboard, Sonoco-Alcore

Jindal Films Invests in New Metallizer at Brindisi Site in Italy

Apr 24, 2017

Specialty packaging and labeling films manufacturer Jindal Films Europe is further expanding its metallizing capabilities at its site in Brindisi, Italy. This new capacity comes after the successful installation and start-up of another ...

Tags: Specialty packaging, labeling

2016's Record Year for Renewable Energy Capacity

Apr 6, 2017

Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the International Renewable Energy Agency (IRENA). Renewable ...

Tags: renewable energy, green energy

CTI to Purchase Foil Balloon Converting Machines

Jan 10, 2017

CTI Industries, a manufacturer and marketer of foil balloons, vacuum sealing systems, latex balloons, printed and laminated films, and home organization products, will purchase two new foil balloon converting machines. The machines are on ...

Tags: CTI Industries, foil balloons

AptarGroup Reports Quarter Results

Nov 17, 2016

AptarGroup has announced quarter results for this year. Third quarter results For the quarter ended September 30, 2016, reported sales increased 1% to $590 million from $586 million a year ago. Excluding the negative impact from changes ...

Tags: AptarGroup, Packaging

Bemis Company Reports Third Quarter Results

Nov 17, 2016

Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...

Tags: Bemis Company, diluted earnings

Toray Plastics to Expand Front Royal Facility in Warren County, US

Aug 10, 2016

Toray Plastics (America) is set to invest around $45m to expand its Front Royal facility in Warren County, Virginia, US. As part of the expansion, the firm will add extrusion capability and a new production line to the facility, helping ...

Tags: Toray Plastics, Terry McAuliffe, polyolefin

Mondi Reports Half-Yearly Results for Six Months Ended June 2016

Aug 9, 2016

Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...

Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging

NeoPhotonics' Revenue Rises 11% in Q1 to Record $99.1m

May 6, 2016

For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...

Tags: NeoPhotonics, PICs

Hain Celestial’S UK Subsidiary Acquires Orchard House Foods

Dec 25, 2015

Organic and natural products company Hain Celestial Group’s UK subsidiary has acquired Orchard House Foods, a supplier of fruit desserts, juices and ingredients in the UK. Orchard Foods was established in 1985 by Wellness Foods . It ...

Tags: Hain Celestial Group, Orchard House Foods, Agriculture

UK Renewables Energy Subsidy Plan to Reduce Spend by Gbp500-600 Mil

Dec 18, 2015

Changes to the UK renewable energy subsidies, including programs such as Feed-in Tariff scheme and Renewable Obligation, will contribute a total reduction of GBP500 million-GBP600 million ($746 million-$895 million) from the Levy Control ...

Tags: Renewables Energy, fuel, climate change

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