US corrugated packaging firm Westrock has reported net sales of $3.69bn for third quarter ended 30 June 2017, compared to $3.59bn for the same period last year. Net incone was $328.1m in the quarter, compared to $92.3m in the year-ago ...
Tags: corrugated packaging, packaging
Green packaging and tissue products manufacturer Cascades is investing $80m to build a new containerboard packaging facility in Piscataway, New Jersey, US. The new center, which is due to start operations in 2018, will produce corrugated ...
Tags: packaging, tissue products
German paper company Voith has received an order from Portuguese pulp and paper firm The Navigator Company to supply its XcelLine tissue machine. The XcelLine tissue machine’s production line has been designed to produce ...
Tags: paper, Tissue Paper Machine
Sealed Air is implementing a price increase on all products in its North American Product Care division. The increases will be effective September 1, 2017. The price adjustments are the result of escalation in resin costs of over 7% since ...
Tags: Sealed Air, Care Products
Secretary of State for the Department of International trade, Liam Fox made the announcement, outlining the government’s renewed ‘commitment to helping small business seize global demand for British exports.’ UK Export ...
Tags: UK Exporters
Arizona State University (ASU) in the USA claims the first demonstration of 1kV-class aluminium nitride (AlN) Schottky barrier diodes (SBDs) [Houqiang Fu et al, IEEE Electron Device Letters, 5 July 2017]. AlN has a wide bandgap of 6.2eV. ...
Tags: semiconductor, MOCVD
H.I.G. Capital has divested its portfolio company Albertville Quality Foods to OK Foods, a subsidiary of Industrias Bachoco. Albertville is among the largest independent further processors of protein based products. The Company focuses on ...
Tags: OK Foods, H.I.G.Capital
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Diversified Global Graphics Group (DG3), a portfolio company of Resilience Capital Partners, has acquired London-based Leycol Printers Limited, a provider of high-end offset and lithographic printing service for the financial and commercial ...
Tags: lithographic printing, Printers
Irish glass and metal packaging group Ardagh stated that its revenue has increased 58% to €2.02bn for the second quarter of this year, when compared to €1.3bn for the same period in 2016. Adjusted earnings before interest, ...
Tags: metal packaging
Researchers in Russia claim “the first demonstration of an injection quantum well microdisk laser fabricated of III-V materials monolithically grown on silicon (001) substrate” [N. V. Kryzhanovskaya et al, Optics Express, vol. ...
Tags: silicon photonics, Lasers
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
PepsiCo and The Recycling Partnership have agreed to work on a cross-sector approach to increasing recycling rates across America. The partnership will address the continued shortfall in US recycling rates. At present, still less than ...
Tags: PepsiCo, recycled PET