Chinese domestic magnesium prices have surged to fresh three-year highs due to tighter supply, stronger domestic demand and rising costs this year, magnesium trade platform Northeast Asia Magnesia Material Trading Center said in a report on ...
Tags: Magnesium Prices, Magnesium
Global packaging company Coveris has developed new packaging solutions, Nextrus boneless shrink bags. The Nextrus line is designed to allow for vacuum tightness with less packaging and is said to be eco-friendly alternative to current ...
Tags: Coveris, Shrink Bags
Ossid, powered by Pro Mach, will introduce the OTS-32 tray sealer, a rugged mid-range machine designed for markets that require a robust, affordable, and flexible solution for tray sealing, at the Pack Expo 2016 event scheduled to be held ...
Tags: Tray Sealing Solutions, sealer
Brazilian company Vigor, a unit of JBS Group, has selected SIG Combibloc’s CFA 812 filling machine for its new dairy plant in Barra do Piraí. Commissioned in June 2016, the $40.5m plant can process one million liters of milk ...
Tags: Dairy Plant, filling machine
Alcoholic beverage firm Remy Cointreau has entered into exclusive talks to acquire French distillery Domaine des Hautes Glaces. The company submitted an offer for an undisclosed amount, with a view to buy the distillery’s entire ...
Tags: Remy Cointreau, whiskies
"Please do not stand too close or my pretty face will be too big in your photos," Jia Jia told her "fans" at the 2016 World Robot Conference in Beijing. Jia Jia is a typical oriental beauty with shiny hair, bright skin, a slender figure ...
Tags: Robot, Robotics Industry
Glencore announces that it has signed a new Revolving Credit Facility (“RCF”), which will ultimately refinance and replace the existing $8.45 billion facility. In this initial pre-syndication phase, Glencore received commitments ...
Tags: Glencore
Glencore plc (“Glencore”) announces that a long-term streaming agreement has been entered into by Narila Investments Ltd. (“Narila”), a wholly-owned subsidiary of Glencore, with Franco-Nevada (Barbados) Corporation ...
Tags: Glencore
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
Swiss infant nutrition company Hochdorf has entered into an agreement to acquire a majority stake in Pharmalys Laboratories and Pharmalys Tunisia. Under the purchase agreement, Hochdorf will buy 51% stake in both the companies. Besides, ...
Tags: infant nutrition, Hochdorf
General Motors (GM) and IBM have joined hands to bring the power of OnStar and IBM Watson together to create OnStar Go, the auto industry’s first cognitive mobility platform. Starting in early 2017, OnStar is expected to give ...
Tags: GM, IBM, Driving Experience
Crown Holdings announced its financial results for the third quarter ended 30 September 2016. Third Quarter Highlights Earnings per share $1.31 for the quarter; $3.09 YTD versus $2.35 in 2015Adjusted earnings per share $1.33 for the ...
Tags: Crown Reports, Earnings
Specialty chemicals supplier Milliken is planning to present its Millad NX 8000E clarifying additive tailored for extrusion blow molded polypropylene applications at the K 2016 trade fair being held in Germany from 19-26 October 2016. ...
Brenton Engineering, powered by Pro Mach, plans to introduce a new integrated primary and secondary medical device packaging system at the Pack Expo event scheduled to be held in from 6-9 November in Chicago, US. The new packaging system ...
Tags: Brenton, Medical Devices, Packaging
Iranian firm Khoshform has selected Sacmi’s IPS 400 injection preform moulding machine to manufacture PET performs. The high-performance solution will be utilized by the Iranian firm to produce PET preforms using injection ...