Valmet has received a contract from undisclosed customer to supply board machine key technology and machine control systems for three new containerboard machines in China. Under the contract, Valmet will supply six new headboxes and three ...
Tags: Valmet, board machine
XPENG Motors has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018. He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and ...
Tags: XPENG Motors, Alibaba
Packaging firm Schaumaplast has launched a product made from biomass-balanced Styropor from BASF. The firm produced the new Styropor packaging for ice cream from IceGuerilla.de, a start-up engaged in sending ice creams in Germany. ...
Tags: Packaging, Styropor packaging
International technology firm Andritz has been awarded a contract to upgrade stock preparation line of PM1 machine at Mariysky Pulp and Paper Mill, in Volzhsk, Russia. Under the contract, Andritz will upgrade the existing stock ...
Tags: PM1 machine, Pulp
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
Germany-based printing inks manufacturer Siegwerk is striking new paths to further shape the future of packaging. The company said digitalized processes and partnerships with relevant start-ups will allow it to confront future industry ...
Tags: Packaging
Little Rapids, a US-based specialty paper manufacturer, has commissioned a new Voith Paper-built XcelLine VTM 3 tissue machine at its manufacturing facility in Wisconsin. The new Voith machine been designed to replace the existing PM3 ...
Tags: PM3 machine, Tissue Machine
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
Valmet has received a contract to supply DNA control system for Blue Paper's new Solid Recovered Fuels (SRF) boiler, which is being developed at Strasbourg mill in France. Blue Paper is developing a new 22MW steam production plant based ...
Tags: Valmet, DNA control system
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
Xerium Technologies has launched new portfolio of press felt technology, Maximus, designed for machines producing containerboard, packaging, and graphical paper grades. The Maximus press felt technology portfolio feature single-base ...
Tags: Xerium, Containerboard Machines, Packaging
Sun-Tox, a Japanese producer of plastic films, has installed a new biaxially oriented polypropylene (BOPP) film production line manufactured by German engineering giant Brückner. The Japanese firm is a member of Tokuyama Group, a ...
Tags: BOPP Film, plastic film
AstroNova’s TrojanLabel and QuickLabel units will unveil four new label presses and printers at Pack Expo 2017 and Labelexpo Europe 2017. The company will showcase its QuickLabel QL-30 and QL-60, compact, monochrome high-speed ...
Tags: Label Presse, Printers
Belgium-based Esko said it will exhibit a range of new and powerful flexo platemaking solutions for brand owners and label converters at this month’s Labelexpo 2017 in Brussels. The company says that its technologies come with clear ...
Tags: Esko, Flexo Platemaking