Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...
Tags: UPM Paper ENA, graphic paper
For third-quarter 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €2.8m, up 145% on €1.1m a year ago. Revenue ...
Tags: Riber, molecular beam epitaxy
This month sees the launch in Grenoble, France of the three-year, €7.2m European Union ‘Horizon 2020’ project ModulED, which brings together 10 European research institutes, key members of the automotive-industry value ...
Polymer giant Covestro is leading a consortium of 14 partners to study how plastics can be produced from flue gas from the steel industry in an efficient and sustainable manner. The investigation anchored by the materials manufacturer ...
Tags: Steel Plants, Plastics
Siegwerk, a provider of printing inks for packaging applications and labels, has expanded its digital ink footprint by opening a new production facility for inkjet inks in France. The firm has expanded its technical center in Annemasse, ...
Tags: Siegwerk, packaging, printing inks
Swedish automaker Volvo Cars and its parent company Geely Holdings will be investing €640m in their new electric vehicle brand Polestar. The investment will be used to establish a manufacturing facility in Chengdu, China which is ...
Tags: Volvo Cars, Geely, electric vehicle
Netherlands-based Weener Plastics has acquired Brazilian firm Orange Products Plasticos (OPB) for an undisclosed sum. Based in Santo Amaro da Imperatriz of Santa Catarina, the OPB manufactures Roll-on Balls for deodorants. The company ...
The Ireland Government said it will spend €8.8m to establish a new food innovation hub, aimed to help the country’s food industry deal as it prepares for Brexit. Ireland’s Department of Agriculture, Food and the Marine ...
Fraunhofer Institute for Solar Energy Systems ISE in Freiburg, Germany has laid the cornerstone of its new Center for High-Efficiency Solar Cells, which is financed by a total of €32.6m from the federal government and the state ...
Tags: solar cells, photovoltaics market
Valmet has delivered three IQ Moisturizers to Dunapack Mosburger's corrugated line in Strasswalchen, Austria, which will allow the plant to improve corrugated box quality and performance. The moisturizing system is used to rectify all ...
Unilever has agreed to acquire Brazilian natural and organic food business Mae Terra for an undisclosed price to boost its food portfolio. The consumer goods giant expects the acquisition of the Brazilian food manufacturer to accelerate ...
Tags: Unilever, Organic Food
Tetra Pak has invested €30m in upgrading the Packaging Material Converting Factory in Denton, US, to meet the needs of the US and Canadian markets. As part of the upgrade, a new laminator has been installed at the plant, which will ...
BASF has agreed to divest its paper coating dispersions business in Pischelsdorf of Austria to Synthomer for around €30m. Synthomer Austria will acquire BASF production site in Pischelsdorf, which produces styrene butadiene rubber ...
Tags: Paper Coating Dispersions, BASF