Volvo Cars has unveiled two new concept cars that move the Swedish brand in an audacious new direction and mark the official launch of its global small car strategy. Today's newly-revealed 40 series concepts demonstrate for the first time ...
Tags: Volvo Cars, Concept Cars
Tesla Motors said it will sell about $1.7bn of common stock to fund the production of the newly announced Model 3 car, which is scheduled to hit the market in late 2017. The Model 3 achieves 215 miles of range per charge while starting at ...
Tags: Tesla Motors, Model 3 car
Denmark-based dairy company Arla Foods has opened a new milk powder production facility in Dakar, Senegal, to further its expansion in West Africa. The new plant, which was inaugurated on 17 May, has an annual capacity of 5,000 tons of ...
Tags: Arla Foods, Milk Powder
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has extended its street lighting portfolio with the next-generation XSP HO Series. Leveraging innovations from the existing XSP Series LED street light platform, the ...
Tags: Cree LED, lighting fixtures
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
Toray Advanced Film, a sister company of Toray Plastics (America), has developed a new high-barrier, transparent, aluminum oxide-coated polyester film for retort pouches. The Barrialox SBR2 film has been designed to offer enhanced thermal ...
Tags: Toray, Food Packaging Film
UK-based snacks manufacturer Tyrrells Potato Crisps has acquired German organic food manufacturer Aroma Snacks for an undisclosed sum. The deal marks Tyrrells' second acquisition in nine months after the purchase of Yarra Valley Snack ...
Tags: Aroma Snacks, Potato Crisps
Napa Technology, creator of the WineStation intelligent wine dispensing and preservation system, is introducing the newest addition to their portfolio - the SpiritStation. Napa Technology expands into the automated dispensing of spirits ...
Sunwin Stevia International has recently delivered several purchase orders for a total of five tons of stevia extracts in a value of excess $300,000. The clients are based in Asia and both North and South Americas. The delivered stevia ...
Tags: stevia extracts, Extracts
Archer Daniels Midland Company (ADM) has acquired the remaining 60% stake in Brazilian natural extracts manufacturer Amazon Flavors. The financial details of the transaction have not been disclosed. ADM's WILD Flavors and Specialty ...
Tags: Amazon Flavors, natural extracts
Nissan has denied the allegations made by South Korean Ministry of Environment (MOE) that its UK-built Qashqai SUV diesel models were fitted with emissions defeat devices. The South Korean Ministry of Environment found that Nissan Qashqai ...
Tags: diesel models, SUV
The Volkswagen Group is exploiting possibilities of digitalization as the company believes that IT will play an important role in its future operations. At the Group IT symposium held in Wolfsburg, Germany, members of the Volkswagen Group ...
Tags: Volkswagen Group, robots
China will continue to offer potential for high growth to coffee beverage players, experts said. For, new consumers are being continually attracted to support the ready-to-drink or RTD coffee and coffee pod machines, they said. Hope ...
Tags: coffee beverage, coffee pod
For first-quarter 2016, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $4.3m, down on $8.9m a year ago ...
Tags: Rubicon Sapphire, substrates
Axon, powered by Pro Mach, demonstrates at Expo Pack 2016, May 17-20 in Mexico City, shrink sleeve labeling technology that enables more productive and sustainable packaging operations. Axon displays the company's most technically ...
Tags: Axon, Shrink Sleeve Labeling