Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
Valmet has been selected to supply two more containerboard production lines with associated automation systems for Nine Dragons Industries, a manufacturer of recovered paper based paper, in China. Under the contract, Valmet will be ...
Tags: Valmet, Containerboard Machines
Airspan Networks said that it will play lead role in AutoAir consortium, a neutral host based small cell solution for transportation networks in the UK. AutoAir is an ambitious project that will accelerate the development and deployment ...
Volkswagen said it will launch a new electric vehicle (EV) virtually every month from 2019, as the company seeks to expand production of Evs globally on a massive scale. The German automaker, which wants to accelerate the Roadmap E ...
Tags: Volkswagen, electric vehicle
Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
Chevron Phillips Chemical has started operations of a new ethane cracker at its Cedar Bayou facility in Baytown, Texas, US. The unit will manufacture 1.5 million metric tons/3.3 billion lbs. a year at peak production. Last September, ...
Tags: Ethane Cracker
World Centric, a provider of certified compostable products for the foodservice industry, has introduced its new retail packaging and refreshed brand identity. The new and updated packaging will be introduced onto retail the shelves ...
Tags: World Centric, Packaging
Aston Martin has unveiled Lagonda Vision Concept, the first luxury brand exclusively driven by zero emission powertrain technologies. Production is planned to start in 2021. Lagonda aims to be the world’s first zero emission ...
German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...
Tags: automotive, Continental
Ecolean is planning to showcase filling machines designed for liquid food industry at the upcoming Anuga FoodTec 2018 event to be held in Germany. Ever since 2000, when Ecolean first showcased its lightweight packaging solutions, the ...
Tags: Ecolean, filling machines
CCL Industries, a provider of specialty label, security and packaging solutions, has agreed to acquire Treofan America and Trespaphan Mexico from their parent firm M&C in a deal worth $225m. The entities considered for acquisition ...
Tags: CCL Industries, packaging
The Carrington Tea (Carrington Farms) has purchased tera'swhey, an organic whey protein based in Madison, Wisconsin for an undisclosed price. Founded in 2009 and made from grass fed dairy cows in Wisconsin, tera's is the first and most ...
Tags: Carrington, whey protein
Engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA says that president & CEO Dr Chuck Mattera is participating at the Optical Society of America Industry Development Associates (OIDA) Executive ...
Loftware, a provider of enterprise labeling technology, has acquired UK-based artwork management solutions provider, Gap Systems, to expand its global presence. Gap Systems controls complex packaging artwork processes throughout the ...
Mesirow Financial has served as the exclusive financial advisor to Fleetwood-Fibre Packaging & Graphics on its sale to Golden West Packaging Group, a portfolio company of Lindsay Goldberg. Headquartered in City of Industry, CA, Fleetwood ...
Tags: Mesirow Financial, Packaging