Secretary of State for Wales Alun Cairns has announced that the Compound Semiconductor Applications Catapult – Wales’ first and the UK’s newest Catapult – will open its Innovation Centre, based in South East Wales, ...
For second-quarter 2018, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $157.8m, down slightly on $158.6m last quarter but up 40.6% on $112.2m a year ago. ...
Daimler has inaugurated Lab1886 in Atlanta, Georgia, a new location for the company's innovation hub. Guests at the event included Nathan Deal, Governor of Georgia, as well as Silicon Valley icon and investor Guy Kawasaki. Lab1886 ...
Tags: Daimler, Mercedes-Benz
Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...
Tags: Nissan, GSR Capital
Elopak is the first manufacturer to deliver over one billion 100% renewable cartons after launching beverage cartons featuring certified renewable polyethylene (PE) in 2014. Elopak's cartons offered with renewable PE, help ensuring ...
Tags: Elopak, beverage carton
Protective packaging materials manufacturer Pregis has agreed to acquire Free-Flow Packaging International (FP International) for an undisclosed sum. Pregis expects to take ownership in the coming weeks pending regulatory approval. FP ...
Conagra Brands has expanded its Reddi-wip topping range with the addition of two plant-based, non-dairy flavors. The US food giant said that the new whipped topping products, Reddi-wip Non-Dairy Coconut and Reddi-wip Non-Dairy Almond ...
Tags: plant-based foods, Chocolate
Comexi, a provider of solutions for the flexible packaging printing and converting industries, has expanded its operations in the Russian and CIS markets with a new office in Moscow. The company has appointed Alexander Rabassa as business ...
Tags: Flexible Packaging, printing
ProAmpac, a flexible packaging manufacturer, is promoting opportunities for big picture thinking to drive industry growth at the Global Pouch Forum in Miami, Florida, which is being held between 13 and 15 June. “The journey into the ...
Tags: ProAmpac, flexible packaging
Eastman Kodak has announced Eric-Yves Mahe will assume the role of president of the Consumer and Film Division (CFD), effective immediately. Eric will also continue in his role as president of the Software and Solutions Division. Eric ...
Tags: Kodak, Film Division
Private equity firms L Catterton and Ambienta have agreed to acquire Italy-based beauty packaging firm Pibiplast for an undisclosed sum. Based in Correggio, Pibiplast is engaged in designing and manufacturing of beauty and personal care ...
Volvo Cars is expanding production of XC40 small SUV in Europe and China in order to meet increasing demand. The company said that it has received nearly 80,000 orders for the SUV and will expand production at its Ghent manufacturing ...
Tags: Volvo Cars, SUV
The global flexible packaging market size is expected to reach $293.03bn by 2022, according to a new report by Grand View Research. Growing demand for the product in the food and beverage sector is expected to stir up the growth of the ...
Tags: flexible packaging, packaging
DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...
Tags: Corrugated Container, packaging
Project Beacon, which has the potential to recycle all plastics in Scotland and beyond, has secured £3m funding. Project Beacon, at Binn Farm in Perthshire, is lighting the way to a circular world of complete plastics recycling ...
Tags: Plastic Recycling