Graphic Packaging International has agreed to acquire Carton Craft and its affiliate Lithocraft for an undisclosed sum. Under the deal, Graphic Packaging will purchase all the assets of both firms, helping to expand the operations of ...
Tags: Graphic Packaging, Packaging
Euro Packaging affiliate Broomco (4294) has acquired Essentra’s consumer packaging site, located in Bristol, UK. Terms of the deal have not been disclosed. The Bristol facility is engaged in the manufacturing of printed paper bags ...
Tags: Essentra, Consumer Packaging
On 28 April, Seoul Semiconductor Europe GmbH of Munich, Germany (a subsidiary of South Korean LED maker Seoul Semiconductor Co Ltd) filed a patent infringement claim in Germany at the District Court of Düsseldorf against global ...
Tags: Mid-Power LEDs, Electronics
Chinese bicycle brand Forever, which has a history of 76 years, has joined the bicycle-sharing scheme in the Internet Plus era by launching cooperation with U-Bicycle. "Forever bicycles will appear in the U-Bicycle fleet from the first ...
Shell and the Norphlet play “The Rydberg discovery builds upon our leadership position in the Eastern Gulf of Mexico and its proximity to our other discoveries in the area make Rydberg particularly exciting.” said Marvin Odum, ...
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Yesterday, we learned via the Wall Street Journal that Samsung is stil struggling to identify exactly what caused its Note 7 phablets to explode, putting the Galaxy S8's February launch in jeopardy. And while the WSJ report claimed ...
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...
Tags: drilling results, Liza-2 well, significant oil discovery
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
Deal marks progress against divestment target. Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon ...
Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
The Association of Master Upholsterers & Soft Furnishers (AMUSF) has joined The Furniture Ombudsman (TFO) as an affiliate member, to pledge its ongoing commitment to helping the industry improve. This means AMUSF is continuing to raise ...
Ever since the Beijing Olympics, tourism has grown to become a major economic, cultural and social plus for China as it celebrates its long and special history with the rest of the world. So, too, with the rise of a middle class, more ...