Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as technical elements put pressure on the precious metal. The most active gold contract for April delivery fell 4.9 U.S. dollars, or 0.39 percent, to ...
Tags: Gold futures, precious metal
Beijing's "cautious tightening signals" for credit are largely being ignored by banks and at the local level, where attention is focused on maintaining steady economic growth, especially with key Communist Party meetings looming this year, ...
Tags: emerging markets
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Global demand for LED chips has been picking up strongly, and is expected to finally exceed supply in 2017. In addition, Apple has recently patented a new smartphone solution that would use a range of Micro LEDs for fingerprint recognition. ...
Tags: LED chips, LED industry
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share. The model will be equipped with competitive ...
Tags: High-End SUV, Great Wall, SUV
Innovative Chemical Products (ICP Group) has acquired US firm MinusNine Technologies for an undisclosed sum. Based in Birdsboro of Pennsylvania, MinusNine is engaged in the formulation and manufacturing of UV/EB coatings, adhesives, ...
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
US-based containerboard and corrugated packaging products producer KapStone Paper and Packaging has acquired the assets of Carolina-based Associated Packaging, and Fast Pak (API) for undisclosed amount. Employing 77 people, API is engaged ...
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TRU Aseptics, (TRU) has completed its acquisition of the former WILD Flavors Aseptics Facility in Beloit, Wisconsin from Chicago-based Archer Daniels Midland Company. The facility is 65,000 sq. ft. and sits on 5.2 acres. TRU will ...
Tags: TRU Aseptics
Clearwater Paper reported financial results for the fourth quarter of 2016. The company reported net sales of $425.6 million for the fourth quarter of 2016, down 1.4% compared to net sales of $431.6 million for the fourth quarter of 2015 ...
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Crown Holdings announced that Gerard Gifford has been appointed as executive vice president and chief operating officer effective 01 April 2017. In this new role, Mr. Gifford will continue to report to Timothy J. Donahue, President and ...
Tags: Crown Holdings, Beverage Packaging
Hyundai Motor America is all set to showcase five of Ioniq models including the 2017 Ioniq Electric, Ioniq Hybrid and Ioniq Plug-in, in addition to prototype Ioniq Land Speed Record and Ioniq Autonomous versions at the upcoming Washington ...
Tags: Hyundai Motor, Ioniq Electric
Kia Motors America (KMA) has announced the pricing of its all new 2017 crossover hybrid Niro. When the Niro arrives in dealerships early in 2017 it will be offered in five trim levels – FE, LX, EX, Touring and a limited-production, ...
Tags: Kia Motors, LED rear
Graphic Packaging Holding Company, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for fourth quarter 2016 of $34.9m , or $0.11 per share, based upon 317.9 million weighted average ...
Tags: Graphic Packaging, Packaging
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging