Valmet has secured an order to deliver a complete tissue production line to Spain-based ICT Iberica. The new Advantage DCT 200HS tissue line will be installed at the company's mill in Burgo. It is expected to start operations in the third ...
Tags: Valmet, ICT Iberica
Taiwan-based China Electric Mfg., which makes and sells own-brand TOA lighting products, expects the proportion of all lighting products for LED lighting models to exceed 40% in 2017. Global demand for LED lighting will keep growing, ...
Tags: LED Lighting, LED
The Hain Celestial Group has acquired Oregon-based The Better Bean Company, a chilled prepared beans manufacturer, for an undisclosed price to expand its store perimeter product offerings. Better Bean is the first acquisition for the ...
Tags: Better Bean, Bean
Aston Martin is now offering its DB11 with a 4.0-litre twin-turbocharged V8 engine. The new 4.0 litre, V8 engine is a slightly reduced version of the original 5.2 litre V12 engine. Yet, it is claimed to deliver 503 bhp, with 675Nm of ...
Tags: Aston Martin, Mercedes-AMG
Covestro has expanded its film production capability, investing around €20m in a new production facility for multilayered flat films in Dormagen, Germany. The total investment also includes the related infrastructure and logistics. ...
Tags: Covestro, flat films
As demand for LED end devices has resumed growth amid shortages of LED chip supply, China's LED makers have recently begun expanding their capacities and local governments are also planning new subsidy and investment programs to assist the ...
Tags: LED chip, LED packaging
Carlsberg UK has acquired London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney. Financial details of the deal have not been disclosed. The Danish-brewing giant stated that it will operate London ...
Tags: Carlsberg UK, craft beer
Not one to be left out, Samsung will reportedly plonk its fledgling personal assistant Bixby into a smart speaker. The Wall Street Journal’s sources say the company is planning to contend with the Amazon Echo, Google Home, Apple ...
Tags: Samsung, smart speaker
Intertape Polymer Group (IPG) has completed the previously announced acquisition of Montreal, Canada-based tape manufacturing Canadian Technical Tape (Cantech). The purchase allows IPG to expand its tape manufacturing capabilities not ...
Tags: Intertape Polymer, Polymer
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
Unilever intends to enter into a strategic partnership with Zwanenberg Food Group. The partnership pertains that Unilever will sell its meat, sauce and can soup factory in Oss to Zwanenberg Food Group (ZFG) and that ZFG intends to ...
Biesterfeld Plastic has agreed to distribute BASF’s polystyrene in Europe, North Africa and the CIS region. Biesterfeld Plastic will distribute BASF’s polystyrene 158K and the recently commercialised polystyrene 148HQ from ...
Tags: Biesterfeld Plastic, Plastic
Ecuadorian dairy firm Tonicorp has opened a new dairy production plant in Guayaquil. The inauguration ceremony was chaired by the President of Ecuador, Lenín Moreno, together with directors of Arca Continental and The Coca-Cola ...
Tags: dairy, dairy Facility
Cortec has installed a new advanced box making machine, which will allow to produce CorrTainer corrosion protection boxes at various sizes. The company has installed the new machine at its Eau Claire facility in Wisconsin, US. The ...
Tags: Cortec, VpCI molecules
Futamura has reported better sales growth and record levels of operational efficiency in the year since its purchase of Innovia Films’ cellulose business. The acquisition was announced back in April last year. The company stated ...
Tags: Futamura, compostable packaging