Monocrystal Inc of Stavropol, Russia, which manufactures large-diameter synthetic sapphire substrates and cores for LED, optical product and RFIC applications, has shipped its 150-millionth two-inch equivalent (TIE) product. Since its ...
Tags: Monocrystal, optical product
Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
Packaging and tissue products manufacturer Cascades has opened its new $64m tissue converting plant in Scappoose, Oregon, US. The 284,000ft² facility has converting lines, high speed rewinders and folders, and bath lines.. It ...
Tags: Packaging, tissue products
In a surprise announcement, Ubisoft has pledged to unveil new games for the Nintendo Switch in the near future. During Ubisoft’s recent earnings call with corporate investors, CEO Yves Guillemot revealed the the firm would be ...
Tags: Ubisoft, Nintendo Switch
Samuel Adams has collaborated with five different breweries across the US to brew a limited series of 12-pack, named Brewing the American Dream Collaboration Pack. From bartenders to chefs, the collaborative spirit of "craft" is stronger ...
Tags: Samuel Adams, beer
Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
Revere Packaging has acquired custom trays and container manufacturer Plastic Package for an undisclosed sum. The combined business will be headquartered in Shelbyville in the state of Kentucky. It will meet the current and future food ...
Tags: Revere Packaging, Package
US Foods has agreed to acquire broadline distributors, The Thompson Company, Braunger Foods and Variety Foods, owned and operated by Toba. Toba entered food distribution in 1995 with the purchase of The Thompson Company in Grand Island, ...
New York-based meat processor Marathon Enterprises is recalling over 7 million pounds of hot dog products over contamination with extraneous materials, particularly small pieces of bone. According to the US Department of ...
Tags: Hot Dog Products, Contamination
Mitsubishi Heavy Industries America (MHIA) has completed the construction of a two-train polyethylene facility in the US for ExxonMobil Chemical. MHIA, a subsidiary of Mitsubishi Heavy Industries (MHI), secured the construction order from ...
Coca-Cola European Partners (CCEP) is planning to increase the use of recycled plastic in all of its bottles by 50%, as part of the UK’s new sustainable packaging strategy. The firm’s Great Britain (GB) business unit will work ...
Tags: Recycled Plastic Content, Bottles
Lollicup USA has signed the land development deal to begin construction of the company's new, 700,000 ft2 manufacturing facility in Rockwall, Texas, US. The manufacturing plant, located not far from Dallas, will open with new machines for ...
Tags: Lollicup USA, packaging
Erema said manufacturers are banking on its energy-saving add-on technology, including for food contact compatibility. Last year, Erema re-launched its Multi-Purpose Reactor (MPR) at its Discovery Day. The Austrian based manufacturer of ...