As demand for LED end devices has resumed growth amid shortages of LED chip supply, China's LED makers have recently begun expanding their capacities and local governments are also planning new subsidy and investment programs to assist the ...
Tags: LED chip, LED packaging
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
Finnish industrial supplier Valmet has received an order to supply its Advantage NTT tissue production line to Sofidel’s Ibertissue mill in Bunuel, Navarra, in Spain. As per the order, Valmet will supply NTT 200 tissue production ...
Tags: Valmet, automation system
Installation rush in China ahead of June 30 is about to terminate, so trading volume has significantly dropped. For one thing, there is nearly no product for transaction in the market; for the other, it is meaningless to buy PV products ...
Tags: PV products, PV sectors
Packaging products and machinery manufacturer Intertape Polymer Group (IPG) has agreed to acquire Canadian Technical Tape (Cantech) for about $63m. Based in Montreal, Canada, Cantech is a privately-owned North American supplier of ...
Tags: Packaging products, machinery
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
LED lighting players have increased LED device inventory levels, and so global demand for LED chips and devices used in LED lighting is likely to decrease in the third quarter of 2017, according to industry sources. In view of growing ...
Tags: LED Devices, LED Lighting
Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...
Tags: Frigoglass, bottler
Multi Packaging Solutions (MPS) International has reported a net income of $10.8m, or $0.14 diluted earnings per share, for the third quarter ended 31 March 2017, compared to $3.8m, or $0.05 diluted earnings per share, for the same period ...
Tags: Multi Packaging, Packaging
German labeling machines manufacturer Rotocontrol has merged with US-based EMT International. EMT is a manufacturer of custom and standardized finishing equipment and accessories for narrow and wider -web digital and conventional print. ...
Tags: Rotocontrol, labeling machines
For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
The ongoing shortage of global supply of mono-Si solar wafers is likely to remain until third-quarter 2018, according to China-based makers of such wafers. The China government, encouraging adoption of PV modules made of mono-Si solar ...
Tags: PV module, solar wafers
Print and packaging provider Multi Packaging Solutions International (MPS) has acquired Paris Art Label for an undisclosed price. MPS had signed a letter of intent in March this year to acquire the American manufacturer of labels and ...
Apple is expected to launch the Apple Watch series 3 either late this year or early in 2018, and it seems the device could come packing new display technology. A new report from Business Korea claims Apple is working on producing its own ...
Tags: Apple, Display Technology
South Korean automobile manufacturer Kia Motors is set to enter the Indian car market by investing $1.1bn to build its first factory in the country. The company signed a memorandum of understanding (MOU) with the State Government of ...