Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...
Tags: Stone Canyon Industries, packaging
Sustainable cardboard packaging supplier VPK Packaging Group has unveiled plans to invest in a new paper machine for light weight recycled containerboard. The investment plan is part of the company's move to increase the integration rate ...
Tags: cardboard packaging, paper machine
European Plastics Converters (EuPC), a European trade association, has surveyed plastics converters across Europe to look at the current and future use of recycled content as well as incentives and barriers to its use. With high targets ...
General Motors has launched the automotive industry’s first commerce platform for on-demand reservations and purchases of goods and services. With Marketplace, drivers can now order and pay for their favorite coffee — and much ...
Tags: General Motors, Automotive
Luxembourg-based printing and packaging firm Flint Group has acquired Italy-based Eston Chimica for an undisclosed sum. Based in Padova, Eston Chimica produces and markets water-based inks for flexo and gravure applications to printers in ...
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
Toyota Motor Corporation (Toyota) announced that it will roll out an electric vehicle under the Toyota brand in the Chinese market in 2020, and that the scope of a fuel-cell vehicle feasibility study will be expanded to cover commercial ...
Tags: Toyota Motor, electric vehicle
US-based paper and packaging solutions provider WestRock plans to invest $410m at its kraft linerboard mill in Florence, South Carolina, US. The two-year investment plan will see installation of a 330” kraft linerboard machine and ...
Packaging firm Coveris has introduced a new recovery system, Recoveris, which allows the delamination and separation of label stock from silicone backing paper for reprocessing. The company has deployed the new recovery system at its ...
Tags: Recovery System, Packaging
New Zealand-based Fonterra has announced its plan to further expand its Waitoa UHT site to meet the growing demand for its products. The site currently has production capacity of more than 80,000 cartons of UHT milk and cream every hour. ...
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
Mercedes-Benz said that it will start series production of a city bus with all-electric drive system based on the international best-seller, the Mercedes-Benz Citaro. "Our city bus produces zero local emissions and is ultra-quiet through ...
Tags: Mercedes-Benz, City Bus
Coca-Cola Company, along with Coca-Cola European Partners, has launched its first joint sustainability action plan for Western Europe. The action plan iincludes new commitments on drinks, packaging and society in the region. The ...
Tags: PET bottles, Coca-Cola, Packaging
HERE Technologies and Mitsubishi Electric have unveiled plans to link their technologies for autonomous vehicles into an integrated offering for automakers. Under the preliminary deal, the companies intend to provide services to support ...
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