Wood pulp and paper maker Sappi has completed the sale of its Cape Kraft Mill in Cape Town, South Africa to the Golden Era Group. The move comes on the heels of Enstra Mill's sale earlier this month. The sale of Cape Kraft Mill and ...
Tags: Sappi, Cape Kraft Mill, paper
Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...
Tags: auto market, SUVs
The U.S. Food and Drug Administration said in a consumer update that a brand of genetically engineered (GE) salmon is indeed safe for sale and for consumption by humans. After an “exhaustive and rigorous scientific” review, ...
Hosted by Stephen Doughty (the Member of Parliament for the Cardiff South and Penarth constituency), an event in the UK Houses of Parliament in Westminster, London, has formally launched the Compound Semiconductor Centre (CSC), formed at ...
Tags: IQE, compound semiconductor
Michigan based automotive equipment maker ZF TRW has introduced a new air bag designed to provide side impact protection to the occupants in the front seat. The airbag is placed in the inner side of the seat back and in case of an ...
Tags: ZF TRW, Airbags, OEM vehicles
Irish nutrition company Glanbia has agreed to acquire US-based health-based snacks maker thinkThin for $217m in cash. thinkThin offers a variety of protein snack bars for consumers seeking convenient, delicious yet wholesome snacks. ...
South African food firm Tiger Brands has withdrawn its financial support to its Nigerian arm Dangote Flour Mills (DFM), after it launched a review of its investment in the pasta and flour maker, which is struggling with losses. Tiger ...
Tags: pasta, flour, Flour Mills
US based Hydraulic hybrid system maker Lightning Hybrids is set to debut its Energy Recovery System (ERS) in Mexico during Expotransporte ANPACT in Guadalajara. The system is expected to save fuel and reduce emissions for truck and bus ...
Tags: Lightning Hybrids, ERS, city bus
Taylors Wines has introduced a temperature sensor that appears on the back label of its Taylors Estate and Promised Land wines. The sensor uses thermo-chromatic ink technology that changes colour depending on the temperature of the wine, ...
Tags: Taylors Wines, Sensor, Labels
The trend towards portion-controlled packs and heat-and-eat convenience foods continues with the launch of a new range of 'meal-pots-for-one' from soup and ready-meal maker Pitango. Following the release of its World Flavour collection of ...
US-based alcoholic beverage maker Constellation Brands has agreed to acquire San Diego-based Ballast Point Brewing & Spirits for $1bn. Ballast Point is a US-based craft beer company with an expansive portfolio that includes almost 40 ...
The LED luminaire industry started to attract market attention, after Japanese manufacturer Panasonic launched its first glass omnidirectional LED bulb. The pioneer bulb had a transparent substrate with a dual-sided light emitting surface. ...
Tags: LED lighting, glass omnidirectional LED bulb, LED incandescent bulb
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has announced the appointment of Dr Wyn Meredith as director of the Compound Semiconductor Centre (CSC), the new joint venture between IQE plc and Cardiff University to be ...
Tags: IQE, Compound Semiconductor
The GBP71bn Anheuser-Busch InBev-SABMiller merger deal process is inching forward as both the companies have reached a final agreement. However, the deal is yet to gain approval from regulators and shareholders. Post clearances, the deal ...
LED package manufacturer Everlight and Japan’s largest LED manufacturer Nichia initiated patent wars in Japan, Taiwan, Germany, U.S. and other countries for the past decade, reported Chinese-language magazine Money Weekly. Nichia is ...
Tags: LED Industry, LED patents, LED lighting