The enterprise wearable market is experiencing a shift from wrist-worn devices to body- and head-worn wearables. ABI Research forecasts enterprise wearable shipments will grow from 30 million shipments in 2016 to nearly 147 million in 2021 ...
Tags: wearable market, VR headsets
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
S&W Seed Company announced it has received a trademark for the use of the brand name Kandi Leaf stevia. The trademark will be applied on S&W's unique stevia lines bred for enhanced flavor characteristics and marketed for the fresh and dry ...
Tags: S&W Seed, Leaf Stevia
Amplify Snack Brands announced it has strengthened the Company’s executive leadership team by appointing Mike DeGrace as senior vice president of sales for North American region. Mr. DeGrace joins Amplify with over 30 years of ...
Tags: Amplify Snack, packaged foods
Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...
Tags: Greener Energy, clean energy
Bubbies Homemade Ice Cream & Desserts has been acquired by Chicago-based investment firm Kenex Holdings for an undisclosed sum. Headquartered in Aiea, Hawaii and founded in 1985, Bubbies makes mochi ice cream sold across the US and select ...
Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
Global production value for high-brightness LED chips in 2017 will reach US$13.179 billion, growing 2.8% on year, according to Digitimes Research. There will be 303.754 billion high-brightness LED chips shipped globally in 2017, ...
Canadian label and packaging maker CCL Industries has signed an agreement to acquire Innovia Group, a UK-based manufacturer of specialty co-extruded, bi-axially oriented polypropylene (BOPP) films for C$1.13bn ($842m). Innovia Group, a ...
Tags: CCL Industries, polypropylene, BOPP films
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
UAE-based Hexxa Flexible Packaging has purchased and installed its first MPS flexo press to strengthen its business. The printing company has installed a 10-colour, 430mm EF multi-substrate press. It features the advanced Automated Print ...
Tags: Flexible Packaging, dryers
London-based print specialist Kingswood iOptus augmented its wide-format digital print offering with the purchase of an EFI VUTEk GS3250LX Pro LED superwide-format printer and an EFI H1625 LED wideformat printer. Each complements the ...