FAW Jiefang gets a good start in Q1 with a sales volume of 77,000 units, up by 87% compared with 41,000 units of Q1 2016. The market share is 23.6%, up by 2.5% year on year and up by 4.3% compared with the total sales volume in 2016. This ...
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
Delicato Family Vineyards has introduced new Bota Box Dry Rosé, in reponse to the upward sales trends of Rosé and the continuing growth of Bota Box in the industry's fastest growing segment "The typical Bota consumer drinks ...
Tags: Bota Box, Bag-in-Box
Switzerland based packaging firm Tetra Pak has launched two new portion size packages to meet the demands of the on-the-go beverage market. The new packages, the Tetra Prisma Aseptic 200 and 250 Edge with DreamCap 26, are designed to ...
Tags: Tetra Pak, Packages, Beverage Market
API Group has invested more than $8.5m in a North American Center of Excellence in Lawrence, Kansas. The project will consolidate API’s decorative holographic and foil manufacturing on the existing site, with the addition of new ...
B&G Products, a UK-based manufacturer of re-usable bags and pouches, has invested in one more stand up pouch conversation machine. The company is also remodeling its food-standard factory to increase output. B&G Products is also ...
Tags: re-usable bags, pouches
Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...
Tags: gummy vitamins, beans
Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
Because of rising demand for cloud computing, shipments of server and rack products have increased, and revenues at Taiwan's server motherboard, storage and network equipment players grew 4.8% on year to reach around NT$559 billion ...
Tags: server, rack products
Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the International Renewable Energy Agency (IRENA). Renewable ...
Tags: renewable energy, green energy
Sherpa Clinical Packaging has commenced the construction of a new facility adjacent to its 38,000 ft2 headquarters building in San Diego, in a bid to provide better services for the customers. The new 24,000 ft2 facility is being ...
Spirits-marketer Castle Brands has acquired an additional 20.1% stake in Gosling-Castle Partners, a global export venture with the Gosling family. GCP holds the exclusive long-term export and distribution rights for Goslings Rum and ...
Tags: Castle Brands, Ginger Beer
Pernod Ricard has completed the sale of Domecq brandies and wines to Bodega Las Copas, a joint venture between Emperador Group and González Byass, for €81m. The sale includes Pernod Ricard’s portfolio of brandies ...
Tags: Pernod Ricard, Wines
Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
Pretium Packaging has acquired Patrick Products, a supplier of packaging and container for the janitorial, automotive, and household chemical market sectors. US-based Patrick is engaged in the manufacturing of rigid blow-molded plastic ...