Charter NEX Films, a producer of high-performance polyethylene films, has completed the acquisition of Optimum Plastics, Inc. in an all-cash transaction for an undisclosed amount. Charter NEX supplies flexible packaging converters with a ...
Paper and packaging firm WestRock has agreed to acquire Cenveo Packaging in a $105m deal. Based in Connecticut, the US, Cenveo Packaging operates six facilities across North America where it produces folded carton, shrink sleeve and ...
Tags: WestRock, Packaging, Cenveo Packaging
Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has appointed Arjang J. (AJ) Roshan as president & CEO, effective 15 February. He replaces Jacques L’Ecuyer, who co-founded the firm in 2000 and ...
Nestlé UK & Ireland announced it has reached its target to source 100 per cent certified sustainable cocoa for its chocolate confectionery and biscuits becoming the first major confectionery company in the UK and Ireland to do so. ...
Ameresco, a leading energy efficiency and renewable energy company, and the Newport News Public Schools (NNPS) announced today they are partnering on a comprehensive $14.8 million Energy Savings Performance Contract (ESPC) to improve ...
Tags: Ameresco, ESPC, LED lighting
Cree upgrades the campus of Thermo Fisher Scientific with LEDs and cuts up to 40% of the energy consumption per year. (Cree/LEDinside) After years of searching for the right partner to help implement LED lighting across its Asheville, ...
Tags: Cree, LED lighting, LED luminaires
Philips, the global leader in lighting and Cisco, the worldwide leader in IT, today announce a global strategic alliance that will create new value in energy savings, building efficiency and employee productivity, made possible by the ...
Tags: Philips, LED lighting, IoT Lighting
British automaker Jaguar Land Rover is teaming up with engineering consulting company Altran to develop an open-source software platform for intelligent vehicles. The platform is expected to blend industrial and engineering techniques ...
Tags: Intelligent Vehicles, Jaguar
Porsche is planning to spend around €1bn on its main site in Stuttgart-Zuffenhausen, Germany to build the company’s first all electric race car Mission E. The investment will result in the creation of 1000 new jobs and it ...
Tags: Porsche, electric race car
China's drone producers are heading to the countryside as the government steps up restrictions on drone management in cities. A provisional regulation on operating light-duty civilian drones, which will ban small unmanned aerial vehicles ...
Tags: drone, agricultural products
As demand for exports continues to slip and the real estate sector cools, China expects consumption and the service sector to help pick slack. The nationwide shopping spree on Single's Day (Nov. 11) offered solid proof of the spending ...
Emami Paper Mills is reportedly planning to invest roughly Rs10bn ($149.3m) to increase paper board making capacity at its facility at Balasore in the Indian state of Odisha. The Balasore facility, which was set up at a cost of around ...
Tags: Emami, paper board, packaging paper
Juan Jose Aranguren, the next energy minister of Argentina, said Friday he will seek to rebuild investor confidence in the country by improving business conditions after taking office December 10. "We need, as in other sectors of economic ...
Iran unveiled its hotly anticipated new petroleum contracts to dozens of international oil companies in Tehran Saturday, and the first set of new tenders could be released by late January, a senior Iranian oil official said. The two-day ...
Tags: Oil, LNG, Iran Petroleum
OSRAM was announced as the Official Lighting Partner of the 2016 Eurovision Song Contest. Jon Ola Sand, Executive Supervisor of the Eurovision Song Contest said, “The Eurovision Song Contest is a unique event in the television year ...
Tags: OSRAM, Official Lighting, LED lighting