The Renault-Nissan Alliance and Dongfeng Motor have established a joint venture (JV) to co-develop electric vehicles in China. The new JV, dubbed eGT New Energy Automotive, will manufacture vehicles with zero-emissions. It will use the ...
American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
Austria-based plastic packaging firm Greiner Packaging has acquired the remaining 49% stake in Turkish joint venture (JV). Greiner acquired 51% majority stake in Teknik Plastik and Teknik IML in 2015, which were merged to form Teknik ...
Tags: Packaging, Remaining Stake
Mouvent said its Cluster technology can now be adapted for all substrates, of all widths, for all markets. Mouvent, a joint venture formed by BOBST and Radex in June 2017, serves as energy provider for BOBST. The Mouvent Cluster ...
Tags: Mouvent, Inkjet Cluster
US-based meat-processing company Smithfield Foods has acquired Kansas City Sausage for an undisclosed price to grow its packaged meats business and boost its supply chain. Kansas City Sausage is a pre-rigor sausage producer and processor ...
Tags: Smithfield Foods, meat
French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...
Tags: Renault, Renault products
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
New figures have revealed that UK local authorities collecting beverage cartons for recycling from kerbside has reached 66%. The Alliance for Beverage Cartons and the Environment (ACE ) UK said it was a 16-fold increase on 2006 levels ...
Tags: beverage cartons, beverage
Mitsubishi Heavy Industries America (MHIA) has completed the construction of a two-train polyethylene facility in the US for ExxonMobil Chemical. MHIA, a subsidiary of Mitsubishi Heavy Industries (MHI), secured the construction order from ...
Danish brewing giant Carlsberg has partnered with Brooklyn Brewery to set up a new brewery in Klaip da, Lithuania. The new brewery will be established at the site of Švyturys Brewery, part of the Carlsberg Group. It will serve as a ...
DuPont and other medical packaging and sterilization suppliers are participating at 2017 Medtec China in September. The rapid development of the medical industry brings with it increasingly demanding requirements with regards to aseptic ...
Tags: DuPont, Medical Packaging
Coca-Cola European Partners (CCEP) has marked five years since investing in a pioneering initiative to transform plastics recycling in Great Britain. The anniversary comes as CCEP passed the milestone of sourcing 50,000 tonnes of ...
Tags: Coca-Cola, Plastics Recycling
Carlsberg UK has acquired London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney. Financial details of the deal have not been disclosed. The Danish-brewing giant stated that it will operate London ...
Tags: Carlsberg UK, craft beer
Volvo Cars and Autoliv have partnered with Nvidia for the development of advanced systems and software for self-driving cars. The three companies will work together with to develop next generation self-driving car technologies. Zenuity ...
Tags: Volvo Cars, Autoliv Partner