Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...
Tags: OptiGroup, industrial packaging
Italian label printer Etichettificio Dany has invested in Screen Truepress Jet L350UV inkjet press to meet the increasing demand for low volume work. Etichettificio Dany is engaged in printing self-adhesive labels primarily for food, ...
Tags: UV Inkjet Press, label printer
Byton is set to showcase its intelligent electric vehicle at the upcoming International Consumer Electronics Show (CES) in Las Vegas, on 7 January 2018. The vehicle features new design and innovative human-vehicle interaction that ...
Tags: electric vehicle, CES 2018
Chinese automaker GAC Motor is set to showcase its sedan and electric concept car at the 2018 North American International Auto Show (NAIAS). The company will showcase is high-end models including GA8, GS8 and GM8 at the event, which will ...
Tags: GAC Motor, Concept Car
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
Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...
Tags: Tokyo Motor Show, Daimler
China-based PV module makers are making R&D efforts trying to break barriers of patents concerning shingled array modules owned by Europe- and US-based firms, according to industry sources. Shingled array technology is to equally divide ...
Tags: PV module, shingled array module
Valmet, a developer and supplier of technologies, automation and services for the pulp, paper and energy industries, has secured a contract to supply IQ moisturizer systems to Thailand-based SCG Packaging. Under the deal, Valmet will ...
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
Honda is taking new approach with Insight Prototype, which will be debuted at 2018 North American International auto show in Detroit on 15 January 2018. The company stated that its new Insight sedan will be above the Civic in its ...
Tags: Honda, Detroit Auto Show, passenger car
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
Valmet has received a contract from undisclosed customer to supply board machine key technology and machine control systems for three new containerboard machines in China. Under the contract, Valmet will supply six new headboxes and three ...
Tags: Valmet, board machine
Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
UPM Raflatac is launching a new visual sample book to showcase its premium label materials for wine, spirits, and craft beverages. Designed in collaboration with a team from SGA Corporate & Packaging Design led by chief designer Giacomo ...