San Francisco Bay Coffee has introduced the ‘No Waste’ OneCup single-serve coffee pods at Costco stores across the US. “The ‘No Waste’ OneCup is a huge step toward potentially reducing the environmental ...
Tags: Coffee, coffee pods
For third-quarter 2017, South Korean LED maker Seoul Semiconductor Co Ltd has reported revenue of KrW305bn, up 14% on KRW267bn last quarter due to strong sales of its Acrich MJT, Wicop, UCD and filament LED products. Within the lighting ...
Tags: Semiconductor, LED
US-based Ferris Coffee & Nut has designed new packaging for its specialty line of snacks, Lush Gourmet Foods. The new pouches have been developed for the specialty line of snacks, which are available in combinations such as Coconut ...
Spain-based Comexi, a machine supplier in the flexible packaging industry, expects a 20% increase in its revenue in comparison with 2015 having expanded its footprint and grown sales in CIS and Russia markets. The machine supplier claims ...
Tags: Comexi, Russia Markets
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 ...
Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
Glass and plastic manufacturer Bormioli Rocco Pharma has developed advanced packaging solutions for the pharmaceutical market. The new packaging solutions include AccuRec, Delta type I glass vials, Safe&Easy, Nesat and Amber type I glass ...
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 ...
UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...
Tags: UPM Paper ENA, graphic paper
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
UK-based corrugated packaging company Cepac has completed redevelopment of its Doncaster facility to increase both capacity and capability of its decorative packaging and display operation. The redevelopment project was carried out with ...
Tags: corrugated packaging, Cepac
Total global LED chip production capacity has entered a new peak expansionary phase in 2017, according to the latest LED market supply and demand analysis by LEDinside (a division of TrendForce). This recent surge of capacity expansion has ...
Tags: LED market, LED Chip
Although the market for RF gallium arsenide (GaAs) devices (merchant and captive, but excluding foundry) rose by just 0.9% in 2016 as an anticipated drop in cellular revenue nearly offset gains in other market segments, revenue still ...
Tags: GaAs RF market, LTE
This month sees the launch in Grenoble, France of the three-year, €7.2m European Union ‘Horizon 2020’ project ModulED, which brings together 10 European research institutes, key members of the automotive-industry value ...