PET film demand in the packaging market is forecast to expand 2.4% annually to 322 million pounds in 2021, faster than any of the major packaging film resins. Growth will be driven by rising barrier requirements, particularly in food ...
Tags: PET film, packaging market
Specialty chemicals group Altana has acquired NuLabel Technologies, which develops engineering and material science solutions to enhance packaging design using less material. The companies have agreed not to disclose the purchase price. ...
With declining prices and increased efficacy of LEDs continuing to drive the adoption, global LED lamp shipments will increase from 961.1 million in 2017 to nearly 2 billion in 2026, according to the report ‘Market Data: LED Global ...
Tags: Lighting market, LED Lamp
Consumer goods giant Unilever has agreed to acquire Weis, an Australian ice cream and frozen dessert manufacturer for an undisclosed price. The values and products of Weis are expected to help the British-Dutch multinational company in ...
Ivory Coast’s flexible packaging firm Socipack has installed a suite of Comexi printing and converting equipment as both the firms expand their partnership. Socipack installed Comexi F2 MB flexographic press, Comexi Dual laminator ...
Tags: Ivory Coast, Comexi, flexible packaging
German printing press manufacturer Koenig & Bauer has reported a 2.7% decline in its revenue to €538.9m for the first half of this year, compared to €553.9m for the same period last year. The company's EBIT stood at €16.3m ...
Tags: printing press, cardboard
Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
Ardagh Group, Glass – North America, a division of Ardagh Group, has opened a new Napa office to better service its Ardagh Direct customers. In January, Ardagh Group launched its Ardagh Direct program to provide wineries of all ...
Tags: Ardagh, Napa office
Scottish distillery Glenmorangie has re-introduced in limited edition, its Astar, a single malt whisky, matured in designer oak casks. The designer casks have been made from the oak found in Ozark mountains of Missouri. These casks are ...
Tags: whisky
US-based packaging and equipment solutions provider Volm Companies has opened its new 90000ft2 distribution facility in Pasco, Washington. The new distribution center is situated at 5702 Industrial Way in Pasco, which is close to the old ...
Tags: packaging, custom packaging
French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...
Tags: Renault, Renault products
Finland-based self-adhesive label materials producer UPM Raflatac has purchased the assets of Texas-based paper and forest products company Southwest Label Stock for an undisclosed amount. The acquisition will enable UPM Raflatac to ...
The global market for photonic integrated circuits (PICs) reached $426m in 2016, and is expected to rise at a compound annual growth rate (CAGR) of 27.5% from $539m in 2017 to $1.8bn in 2022, according to BCC Research’s report ...
Tags: Integrated Circuit, PICs
The report presents a detailed breakdown of the $263B industry by property type, product category and geography. LIMA has released the full findings of its annual global survey of the licensing industry. The report was commissioned by ...
Tags: LIMA, licensing industry