Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
Tokyo-based Solar Frontier - the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – has begun commercial production at its 150MW Tohoku Plant in Miyagi Prefecture, Japan. Due to using ...
Tags: copper indium selenium, PV
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
Vietnamese dairy company Vinamilk has fully acquired US-based Driftwood Dairy by buying the remaining 30% stake for $3m. The acquisition comes more than two years after the company bought 70% stake in the US company for $7m. Driftwood ...
Tags: Vietnamese dairy, Dairy products
Cargill's protein business headquarters will remain in Wichita and relocate from 151 North Main Street to a new office building which will be built at a yet-to-be-determined site within the city limits. The company's decision was made ...
Tags: Cargill Protein
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has extended the performance of its OSQ Series Area and Flood LED luminaires, delivering up to 58% more efficacy on existing lumen packages at up to 136 lumens-per-watt ...
Novelis has commissioned its third automotive finishing line in Oswego, New York, US. Installed to support the production of stronger, lighter and safer vehicles, the line represents Novelis' latest investment of $120 million to expand ...
Tags: Novelis, automotive finishing line
Denali Ingredients, an ingredients supplier to the food manufacturing industry, has unwrapped a sweet new facility featuring a brand new look, expanded space and new capabilities. The building, located at 2400 S Calhoun Rd. in New Berlin, ...
Tags: Denali Ingredients, ice cream
Flint Group has acquired Arkansas based American Inks and Coatings (AIC) for undisclosed amount. American Inks and Coatings is engaged in providing inks and related products for the rotogravure, flexographic packaging, and specialty ...
Tags: Flint Group, Coatings
Stora Enso will invest a total of approximately EUR 70 million in a new polyethylene (PE) extrusion coating plant and an automated roll warehouse (ARW) at Imatra mills in Finland. Extrusion coating is a process used to enhance the ...
Tags: Stora Enso, Coating
Smurfit Kappa has completed a programme of investment in the UK depot network, as part of its efforts to increase recycling operations in the country. The company has developed a new depot in Snodland of Kent to process locally-sourced ...
Tags: Smurfit Kappa, paper, cardboard
Owens Corning (OC) has acquired InterWrap, a British Columbia based manufacturer of roofing underlayment and packaging materials, for $450m. InterWrap, through its facilities in the US, Canada, India and China, produces synthetic roofing ...
Tags: Owens Corning, InterWrap
Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor