Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...
Tags: glass recycler, bead
Anchor Glass Container has announced the following additions to the Anchor Glass Senior Leadership Team. Steve Stout has been named as Vice President-Engineering. Steve will be responsible for strategic capital investments and developing ...
Tags: Anchor, Glass Container
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
United Caps, a Luxembourg-based high performance cap and closure systems manufacturer, is set to acquire the plastic closures division of Closures4you. The acquired assets include 28mm caps for re-usable glass bottles as well as for ...
Tags: United Caps, Plastic
ExxonMobil Chemical has started production on new polyethylene line at its Mont Belvieu plastics plant in Texas. The firm commenced production of the first of two new 650,000 tons-per-year high-performance polyethylene lines at the plant. ...
Finland-based Stora Enso has deployed the cloud-based data management platform of Rubrik at its paper mill in Langerbrugge, Ghent to safeguard its virtual and physical workloads. Headquartered in Helsinki, Stora Enso provides renewable ...
Tags: Stora Enso, Ghent Paper Mill
Eastside Distilling, a producer of award-winning craft spirits, has launched new canning line of Ready-to-Drink (RTD) products, primarily designed for the wine and pre-mixed alcoholic drink industry. The custom built canning line is ...
Tags: Eastside Distilling, craft spirits
The Ireland Government said it will spend €8.8m to establish a new food innovation hub, aimed to help the country’s food industry deal as it prepares for Brexit. Ireland’s Department of Agriculture, Food and the Marine ...
As many as 2.9 billion aluminium aerosol cans were produced across the world in the first half of 2017 by the members of the International Organisation of Aluminium Aerosol Container Manufacturers (AEROBAL). The output, according to the ...
Tags: aerosol cans, beauty products
The high-brightness LED market will rise at a compound annual growth rate (CAGR) of 10% during 2016-2023, forecasts Occams Business Research and Consulting in its report ‘Global High Brightness LED Market Research Report Insights, ...
Tags: LED market, LED components
After being showcased at the International Conference on Silicon Carbide and Related Materials (ICSCRM 2017) in Washington DC, USA (17-22 September), Tokyo-based Sumitomo Electric Industries Ltd (SEI) has launched the EpiEra high-quality ...
Tags: Sumitomo Electric, SiC Epiwafer
Italian prosecco producer Mionetto has introduced limited edition bottles of Luxury Collection to celebrate its completion of 130 years experience in sparkling wine category. Mionetto has bottled limited edition 130th Cuvee Anniversario ...
The LED lighting module market (including flexible LED strips) reached nearly $4bn in 2016 and is rising at a compound annual growth rate (CAGR) of 22.6% during 2017-2022 to $13.8bn, boosted by the emergence of innovative functions and the ...
Tags: LED market, Lighting market
US-based NutraFuels (NTFU) has installed a high speed filling and packaging equipment at its manufacturing facility to produce dietary supplement nutritional products. The firm will commission the new filling and sealing machine at its ...
Tags: NutraFuels, Packaging Equipment