India holds a dominant position in the diamond industry, coming closer than any other market to spanning the entire pipeline. Besides its extensive rough and polished trade, it has made a name for itself in jewelry-making, diamond-cutting ...
Tags: diamond industry, diamond
Berry Global Group has completed the acquisition of Clopay Plastic Products from Griffon for $475m. Clopay, which provides printed breathable films, is also involved in the development of elastic films and laminates for use in ...
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
FCA US has agreed to deliver Chrysler Pacifica Hybrid minivans to Waymo's driverless ride-hailing service. Delivery of the vehicles is expected to take place later this year and they will be deployed across multiple cities in the US. ...
Tags: Self-Driving Service, Chrysler
The Renault-Nissan-Mitsubishi automotive alliance announced that its member companies sold a combined total of 10,608,366 units in the 12 months to 31 December 2017. Growing demand for SUVs, light commercial vehicles and a rising number ...
International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
Mondi and its customer Royal Vaassen Flexible Packaging, a global specialist in packaging for food and drink, are taking product quality and production consistency to the next level. Using Mondi Speciality Kraft Paper’s Advantage MG ...
Tags: Mondi, Flexible Packaging
Guala Closures Group is set to unveil new aluminum smart closure with near field communication (NFC) technology at the Unified Wine & Grape Symposium in the US. The event will take place from 23 to 25 January in Sacramento, California. ...
Tags: Wine Industry, Smart Closure
Mitsubishi Electric has developed an automotive camera technology that can detect several object types at distances of up to about 100m, allowing drivers to receive advanced warning for enhanced driving safety in coming mirrorless cars. ...
Tags: Mitsubishi, Mirrorless Cars
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
The global market for radio-frequency (RF) power semiconductor devices – spanning silicon (LDMOS), gallium arsenide (GaAs) and gallium nitride (GaN) – will increase at a compound annual growth rate (CAGR) of nearly 12% during ...
Tags: Semiconductor
OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...
Tags: OptiGroup, industrial packaging
PicoBrew has introduced PicoStill distilling device at CES 2018, elevating craft brewing For homebrewers and professional distillers. Licensed and properly permitted craft distillers or individuals can also use the PicoStill to produce a ...
Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
Italian flexible packaging company SCEA has invested in BOBST gravure technology. The rapid expansion required SCEA to relocate to a larger production facility in Zevio, near Verona, in 2008 in order to accommodate the increasing number ...
Tags: flexible packaging, packaging