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New Star Metals Announces Name Change to Material Sciences Corporation

Apr 30, 2019

New Star Metals has announced that, effective November 2, the company will be known as Material Sciences Corporation (MSC). Founded in 2010, New Star Metals added the original Material Sciences Corporation to its growing list of ...

Tags: New Star Metals, Coating, Electric Coating Technologies

DS Smith Completes Acquisition of Corrugated Container Corporation

Jun 11, 2018

DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...

Tags: Corrugated Container, packaging

P&G Commists to 100% Recyclable Packaging by 2030

Apr 27, 2018

Personal care giant Procter & Gamble (P&G) has announced new sustainability goals for 2030, which include 100% recyclable or reusable packaging. PG announced it has achieved many of its 2020 environmental sustainability goals, has plans ...

Tags: Recyclable Packaging, Packaging

Pairwise Plants Raises $25m Funding to Speed up Crop Innovation

Mar 22, 2018

Pairwise Plants has closed a $25m Series A funding round co-led by Deerfield Management and Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto to accelerate crop innovation. Pairwise is an agricultural company focused on ...

Tags: Pairwise, Crop

UK's RPC Group to Buy Industrial and Consumer Packaging Firm Nordfolien

Mar 19, 2018

RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...

Tags: plastic packaging

Crown's Net Sales Increase in 2017 Fourth Quarter

Feb 9, 2018

Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...

Tags: Crown Holdings

Water UK Launches New Scheme to Offer Free Water Refills to Cut Plastic Bottle Use

Jan 29, 2018

Water UK has launched a new scheme in the UK to allow consumers to refill plastic water bottles in public places to help reduce the plastic use. People will be able to refill water bottles for free in tens of thousands of places in ...

Tags: Plastic Bottle

Volvo to Begin Car Assembly Operations in India This Year

Dec 28, 2017

Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...

Tags: Volvo, Car Assembly Operations

Magna International Realigns Management Structure Along Product Lines

Dec 21, 2017

Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...

Tags: automotive, roof systems, sealing systems

Ferrero Acquires Candy Manufacturer Ferrara Candy

Dec 6, 2017

Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...

Tags: Ferrero, Candy

SodaStream Introduces Fine Sparkling Drink with Riesling Flavor in Germany

Nov 29, 2017

SodaStream International has launched its limited edition line, 'Sparkling Gold,' a fine alcoholic concentrate to be added to sparkling water. This sparkling tangy tongue pleaser, resembling the taste of a fruity Riesling wine, is ...

Tags: sparkling water, wine

Hormel Foods Merges Specialty Foods Segment Into Grocery Products Segment

Nov 23, 2017

Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...

Tags: Hormel Foods, Grocery Products

Volvo to Supply 24, 000 Self-Driving Cars to Uber

Nov 23, 2017

Swedish auto-maker Volvo Cars has agreed to supply 24,000 autonomous cars to ride-sharing company Uber. Under the framework agreement, Volvo will provide Uber with its XC90 premium SUVs complete with autonomous driving technologies, from ...

Tags: Self-Driving Cars, Volvo, Uber

Paine Schwartz Invests in Ingredient Firm Lyons Magnus

Nov 16, 2017

Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...

Tags: packaging

Robert Aiken Steps Down as President of TreeHouse Foods

Nov 6, 2017

TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...

Tags: TreeHouse Foods, packaged foods, beverages

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