LyondellBasell has agreed to purchase a 50% stake in Netherlands-based plastics recycling firm Quality Circular Polymers (QCP). The remaining 50% stake in the plastics recycling firm will be owned by French water and waste management firm ...
Tags: plastic products, food packaging
Seoul-based materials and component manufacturer LG Innotek (a subsidiary of South Korean electronics company LG Group) has developed what is claimed to be the first 100mW UV-C LED, two years ahead of the industry forecast of 2020. The firm ...
The 405nm laser diode market was $904.46m in 2016, and will increase at a compound annual growth rate (CAGR) of 8.5% to $1857.29m in 2025, forecasts a new report from Research N Reports. By product type, the market is segmented into: ...
Tags: laser diode, dental laser gadgets
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
Despite revolutionizing illumination, even top-of-the-line nitride LEDs are far from their maximum efficiency when operating at the high power needed for lighting applications. Logan Williams and Emmanouil Kioupakis at the University of ...
Tags: LEDs, LED Efficiency
Hippo Premium Packaging said it will exhibit for the first time at the Marijuana Business Conference in Las Vegas. Two years ago, company founders Kary Radestock and Julia Gosnell attended the popular conference with an idea that they ...
Tags: Hippo Premium Packaging, Packaging
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
Czech packaging producer Litobal has expanded its partnership with packaging and paper group Mondi to grow business in the bread bag and shopping bag markets. Since 2001, the companies are growing their business in various paper-based ...
Tags: Czech packaging, packaging
Frutarom Industries has signed an agreement with AB Biotics of Spain for the acquisition of the activity of AB-Fortis with its patent-protected micro-encapsulation technology that facilitates delivery of iron with increased biological ...
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Nestlé has strengthened its global capabilities in e-commerce by signing a partnership with Alibaba in China, to grow online sales, build key brands and offer new products to millions of consumers. Nestlé has introduced ...
Simmons Pet Food has broken ground on a facility expansion at its flexible packaging plant in Emporia, located in the US state of Kansas. The $38m expansion project will increase the space at the facility to around 200,000ft², and ...
Tags: Flexible Packaging, Packaging
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
Smurfit Kappa has announced the new name for its e-retail offering, eSmart, and said that the service is at the forefront of e-commerce packaging solutions. The company said it is now working with 70% of European e-retail brands and ...
Tags: Smurfit Kappa, E-Retail Offering
For third-quarter 2017, South Korean LED maker Seoul Semiconductor Co Ltd has reported revenue of KrW305bn, up 14% on KRW267bn last quarter due to strong sales of its Acrich MJT, Wicop, UCD and filament LED products. Within the lighting ...
Tags: Semiconductor, LED