The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
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
Tata Motors-owned Jaguar Land Rover is cutting down production at its Halewood plant, amid Brexit uncertainty and concerns over the future of diesel vehicles. The company said that it is a temporary move and does not affect any of the ...
Tags: Tata Motors, Jaguar Land Rover, Brexit
Packaging firm DS Smith is installing the second HP T1100S machine in a bid to expand its digital printing capabilities. The machine is being installed at the company's facility in Fulda of Germany, helping to meet the increasing demand ...
Tags: Digital Printing Press
Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has reported financial results for its first fiscal quarter of 2018, for the period ended 30 November 30 ...
Tags: Kush Bottles, cannabis industry
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. ...
To cope with increasing price competition in the blue LED segment, Taiwan-based LED packaging firms are shifting the focus of their production to infrared (IR) and sensing devices, reports Digitimes. China’s largest LED packaging ...
Tags: LED market, LED chips
Prices of mainstream packaged LED products in China were generally stable in December, with no obvious fluctuation in either the high-power or mid-power segments, but prices are expected to fall in first-quarter 2018, reports LEDinside (a ...
Tags: LED market, LED products
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack
Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
International technology firm Andritz has been awarded a contract to upgrade stock preparation line of PM1 machine at Mariysky Pulp and Paper Mill, in Volzhsk, Russia. Under the contract, Andritz will upgrade the existing stock ...
Tags: PM1 machine, Pulp
China's LED lighting sector recorded total export value of US$1.379 billion in October 2017, slipping 29% sequentially due to off-season effects, according to Shenzhen Gaogong Industry Research (GGII). First-tier firms Leedarson Lighting, ...
Tags: LED lighting, LED
Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...
Wasdell Packaging has unveiled plans to develop a new 70,000ft2 pharmaceutical facility in Dundalk, Ireland. The new facility will be developed at self-contained site situated at the IDA Dundalk Science and Technology Park in Mullagharlin ...
Tags: Wasdell Packaging, Packaging