Electric car-maker Tesla Motors has missed its Model 3 targets for the first quarter of this year. Last week it produced 2,020 of Model 3, against the target 2,500 vehicles. For the next week, the company forecasts to produce 2,000 ...
Tags: Tesla, Tesla Motors
The UK Government is planning to introduce a deposit return scheme for single-use drink containers including plastic, glass or metal, to increase recycling rates and reduce plastic pollution. The scheme, which is subject to consultation, ...
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
US-based engineered equipment and automation solutions provider Duravant has acquired automation systems manufacturer, Key Technology, for about $175m. Based in Walla Walla of Washington, Key Technology is engaged in the design and ...
Tags: bucket elevator, rotary table
CCL Industries, a provider of specialty label, security and packaging solutions, has agreed to acquire Treofan America and Trespaphan Mexico from their parent firm M&C in a deal worth $225m. The entities considered for acquisition ...
Tags: CCL Industries, packaging
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
CCL Industries, a provider of specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, has reported record fourth quarter and annual financial results for 2017. ...
Tags: CCL Industries, packaging
Nordson’s has reported sales of $550m in the first quarter of 2018, which is a 35% increase over the prior year’s first quarter. This change in sales included organic volume growth of approximately 19 percent, growth related ...
Tags: Nordson
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has reported financial results for its first fiscal quarter of 2018, for the period ended 30 November 30 ...
Tags: Kush Bottles, cannabis industry
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
Berlin Packaging, the full-service supplier of glass, plastic, and metal containers and closures, has opened a 430,000ft2 office and distribution center in Fairfield. An impactful addition to the company's strong California presence, with ...
Tags: Berlin Packaging, plastic
During its 2017 Analyst Day at its Series 6 factory in Perrysburg, Ohio, First Solar Inc of Tempe, AZ, USA – which makes cadmium telluride (CdTe)-based thin-film photovoltaic modules as well as providing engineering, procurement & ...
Tags: First Solar, photovoltaic modules