Packaging materials developer Tekni-Plex has started production at its new manufacturing facility in Suzhou, China. The new advanced facility, which features 140,000ft² of space, has already began producing products for the ...
China's direct investment in Pakistan from July last year to June this year stood at US$1.19 billion, up 11 percent year-on-year and accounting for 49 percent of the total foreign direct investment in Pakistan, according to the National ...
Tags: CPEC, Pakistan's Economy
China-based LED lighting firms recorded total export value of US$10.4 billion in first-half 2017, increasing 63% on year, and the corresponding export volume of 7.9 billion units grew 46% on year, according to Shenzhen Gaogong Industry ...
Tags: LED Lighting, LED light bulb
German luxury auto-brand Audi has signed a Memorandum of Understanding (MOU) with Hanergy Thin Film Power Group for cooperation on thin film solar cell technology in China. The thin film solar panels will be installed on the rooftops of ...
Tags: Audi, Electric Cars
American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
German plastics manufacturing company Covestro will present material solutions for customers from very different industries at Fakuma trade fair in Germany. At the trade show the company will showcase hundreds of samples for its ...
Volkswagen’s American subsidiary will now be mass producing its ID Buzz electric concept car, which was showcased at the North American International Auto Show, held in Detroit, Michigan earlier this year. The new ID Buzz electric ...
Tags: Volkswagen, Concept Car
NXT Capital has provided a senior secured credit facility to support Oliver Printing & Packaging’s acquisition of Pohlig Packaging. Oliver Printing & Packaging is a portfolio company of Pfingsten. NXT Capital acted as the Sole ...
Tags: NXT Capital, Pohlig Packaging
Fiat Chrysler Automobiles (FCA) has denied reports that it received a formal bid from the Chinese automaker Great Wall Motors (GWM) with respect to sale of its Jeep brand. FCA said that it will stick to its 2014-18 growth plan and has ...
Tags: Great Wall Motors, Chrysler
MRSI Systems of North Billerica, MA, USA, which manufactures fully automated, high-precision die bonding and epoxy dispensing systems, has launched the MRSI-HVM3 high-speed die bonder to support high-volume manufacturing requirements for ...
Tags: Die Bonder, Photonics
Oliver Printing & Packaging, a portfolio company of Pfingsten, has acquired folding cartons, micro-fluted corrugated boxes and setup boxes manufacturer Pohlig Packaging for an undisclosed sum. Under the transaction, which closed on 14 ...
Tags: Oliver Printing, Packaging
Packaging solutions provider Parkside has partnered with Australian firm PA Packaging Solutions and US-based The Platinum Packaging Group, in a bid to expand its business operations. Under the deal, both firms will market Parkside’s ...
Tags: Packaging, Platinum Packaging
In the ever-growing LED market, automotive LEDs are witnessing a rapid development. This is driven by various regulations enforced by governments around the world for fuel-efficient gasoline vehicles. In addition, manufacturers of hybrid ...
Tags: LED market, LED headlights
Voith Paper has been commissioned to rebuild the headboxes and shoe presses of Jianhui PM 3 and PM 4 as well as Jinzhou PM 3 and PM 4 in China. Voith Paper, Huazhang Technology, Jianhui Paper and Jinzhou Paper have signed an agreement to ...
Tags: Voith Paper, paper formation
German printing press manufacturer Koenig & Bauer has reported a 2.7% decline in its revenue to €538.9m for the first half of this year, compared to €553.9m for the same period last year. The company's EBIT stood at €16.3m ...
Tags: printing press, cardboard