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Nissan Cancels Battery Unit Sale to China's GSR Capital

Jul 9, 2018

Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...

Tags: Nissan, GSR Capital

VPK, Klingele to Invest in Scandinavian Packaging Firm Peterson

Apr 14, 2017

Belgium firm VPK Packaging Group and German firm Klingele have unveiled plans to further invest in Scandinavian packaging firm, Peterson. Based on existing European collaboration, the firms have decided to invest in Peterson to expand the ...

Tags: VPK Packaging, Packaging

Huhtamaki Introduces Single-Use Paper Cup with Digital Content

Mar 28, 2017

Finnish packaging firm Huhtamaki has introduced a new single-use digitally enabled paper cup for retailers. The new Adtone cup from Huhtamaki Foodservice Europe-Asia-Oceania features a heat-activated label and a QR code which is ...

Tags: Huhtamaki, Digital Content

Lesaffre Announces Two Acquisitions to Expand in European Baking Ingredients Market

Dec 15, 2016

French yeast maker Lesaffre has acquired two companies to expand its presence in sourdoughs and baking ingredients market in Western Europe. The acquisitions include LFI Tollblend in United Kingdom and Tecno Bakery in Spain. Lesaffre ...

Tags: Ingredients Market, Lesaffre

Huhtamaki Plans to Set up Three Flexible Packaging Units in Egypt and India

Nov 17, 2016

Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...

Tags: Huhtamaki, Flexible Packaging

Report - Galaxy S8 to Come with Force Touch Screen

Nov 16, 2016

Samsung could be about to introduce the first Galaxy phone with a pressure-sensitive display, if a new report is anything to go by. The report from The Investor cites 'industry sources' as claiming the upcoming Galaxy S8 will come with a ...

Tags: Samsung, Galaxy S8

Huhtamaki Invests to Grow in China

Sep 21, 2016

Huhtamaki supports the profitable growth of its foodservice business in China by investing in the expansion and modernization of its manufacturing unit in Guangzhou, South China. The total investment including site expansion, improvements ...

Tags: Huhtamaki, investment

Jaguar Land Rover Starts Construction of GBP 1bn Slovakian Manufacturing Plant

Sep 20, 2016

British multinational automotive firm Jaguar Land Rover (JLR) has begun construction of a new £1bn manufacturing plant in Nitra, Slovakia. The new plant, which will cover an area of 300,000m², is expected to be completed in ...

Tags: JLR, new manufacturing plant

Plastipak Packaging Plans to Boost Beverage Bottles Production Output in Alabama

Aug 31, 2016

Rigid plastic container manufacturer Plastipak Packaging, a subsidiary of Plastipak Holdings, is planning to invest $10.4m to add two manufacturing lines to its Birmingham area facility in Jefferson County, Alabama, US. Plastipak ...

Tags: Plastipak Packaging, new expansion, beverage bottles production

Koehler Kehl Paper Mill Selects Voith to Rebuild PM1 in Germany

May 5, 2016

German engineering firm Voith Paper has been awarded a contract by Koehler Kehl paper mill to upgrade the paper machine 1 (PM1). Voith will improve the profile quality of the papers produced while increasing the energy efficiency of the ...

Tags: Voith Paper, engineering

Hotel Chocolate Plans To Raise Funds For Business Expansion

Mar 11, 2016

UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...

Tags: Hotel Chocolat, Business expansion

Huhtamaki to Acquire Flexible Packaging Foils Firm Fiomo

Dec 28, 2015

Finnish disposable packaging manufacturer Huhtamki has agreed to acquire Fiomo, a multi-layer flexible packaging foils producer in Czech Republic. The transaction, which is expected to be finalized in early 2016, is valued at around 28m. ...

Tags: Huhtam, Fiomo, Packaging

Huhtamaki to Invest in Molded Fiber Packaging Capabilities in Ireland

Dec 24, 2015

Finland-based consumer and specialty packaging manufacturer Huhtamaki is expanding manufacturing capacity at its molded fiber packaging plant in Lurgan, Northern Ireland to better serve the growing egg market in the UK and Ireland. Work ...

Tags: Huhtamaki, molded fiber, Packaging

AM General Launches First Mercedes-Benz R-Class

Aug 14, 2015

AM General, which has discharged its responsibilities as Mercedes-Benz's first and only contract manufacturer in the US, flagged off R-Class at its commercial vehicle assembly unit in Mishawaka, Indiana. AM General's commercial assembly ...

Tags: AM General, Mercedes-Benz

EBRD Funds Coca-Cola Bottling Plant in Tajikistan

Aug 11, 2015

The European Bank for Reconstruction and Development (EBRD) is providing €44.7m as loan to Coca-Cola Beverages Tajikistan (CCBT) for setting up a greenfield soft drink bottling plant in that country. Aimed at cutting down on imports ...

Tags: Coca-Cola Bottling, soft drink

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