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 pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
Danish brewing giant Carlsberg has partnered with Brooklyn Brewery to set up a new brewery in Klaip da, Lithuania. The new brewery will be established at the site of Švyturys Brewery, part of the Carlsberg Group. It will serve as a ...
DuPont and other medical packaging and sterilization suppliers are participating at 2017 Medtec China in September. The rapid development of the medical industry brings with it increasingly demanding requirements with regards to aseptic ...
Tags: DuPont, Medical Packaging
Carlsberg UK has acquired London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney. Financial details of the deal have not been disclosed. The Danish-brewing giant stated that it will operate London ...
Tags: Carlsberg UK, craft beer
The global UV LED market will increase from $288m in 2017 to $526m in 2020 while it rises at a compound annual growth rate (CAGR) of 34% during 2015-2020, projects LEDinside (a division of TrendForce). UV LEDs are used particularly in ...
Tags: UV LED, LED package
Greiner Packaging is set to showcase its range of technology and products at this year’s RosUpack packaging fair in Russia. The event will take place from 20 to 23 June in Moscow. At the event, the firm will showcase product ...
Tags: Greiner Packaging, yogurt cups
Plastic packaging solutions provider Alpla has acquired Gehl Foods’ bottle manufacturing facility located in the US state of Wisconsin. Situated 30 miles north of Milwaukee, the West Bend standalone facility features around ...
Tags: Alpla, Plastic packaging
Ardent Mills is recalling several brands of flour and flour products in Canada because of possible E. coli O121 contamination. The Canadian Food Inspection Agency has asked the flour-milling company to recall the products partly made by ...
Tags: Ardent Mills
Apple is almost always embroiled in an acquisition rumour, and the latest predictions put Netflix – amongst others – in the Silicon Valley store window. This week, we learned that Apple now has cash reserves totalling an ...
Hain Frozen Foods UK, a subsidiary of The Hain Celestial Group, has acquired England-based soup manufacturer The Yorkshire Provender for an undisclosed price. The acquisition is expected to help the US-based Hain Celestial to expand its ...
Tags: Frozen Foods, soup
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA and Xiamen-based San’an Optoelectronics Co Ltd (China's largest producer of full-color ultra-high-brightness LED epiwafers and chips) are forming a joint venture ...
Thai Containers Group (TCG), a joint venture between Rengo and SCG Packaging Public Company, has acquired an 80% interest in PT Indocorr Packaging Cikarang. PT Indocorr, which operates in eastern Jakarta, produces corrugated packaging ...
Tags: Rengo, Corrugated Packaging
Suzuki Motor, Toshiba and Denso have signed an agreement to set up a joint venture company to produce automotive lithium-ion battery packs in India. In India, higher attention is being paid to environment, and new CO2 standards for ...
Tags: Lithium-Ion Battery, Suzuki Motor
Showa Denko (SDK), Showa Aluminum Can (SAC) and Carabao Group have agreed to set up a joint venture (JV) to manufacture and sell aluminum cans in Thailand. The joint corporation is part of CBG’s plan to meet its increasing demands ...
Tags: Showa Denko, Aluminum Cans