UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
US-based containerboard and corrugated packaging products producer KapStone Paper and Packaging has acquired the assets of Carolina-based Associated Packaging, and Fast Pak (API) for undisclosed amount. Employing 77 people, API is engaged ...
Tags: Kapstone Paper, Packaging
TRU Aseptics, (TRU) has completed its acquisition of the former WILD Flavors Aseptics Facility in Beloit, Wisconsin from Chicago-based Archer Daniels Midland Company. The facility is 65,000 sq. ft. and sits on 5.2 acres. TRU will ...
Tags: TRU Aseptics
Clearwater Paper reported financial results for the fourth quarter of 2016. The company reported net sales of $425.6 million for the fourth quarter of 2016, down 1.4% compared to net sales of $431.6 million for the fourth quarter of 2015 ...
Tags: Clearwater Paper
Hyundai Motor America is all set to showcase five of Ioniq models including the 2017 Ioniq Electric, Ioniq Hybrid and Ioniq Plug-in, in addition to prototype Ioniq Land Speed Record and Ioniq Autonomous versions at the upcoming Washington ...
Tags: Hyundai Motor, Ioniq Electric
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
China, as a major market for renewable electricity, has already announced to launch renewable energy certificate (REC) program officially since 2018. This system would be helpful for China to establish a firmer, healthier renewable energy ...
In the fourth quarter of 2016, demand for alternative fuel vehicles (AFV) in the European Union increased only moderately by 1.2%, with registrations totalling 168,103 units. In the fourth quarter of 2016, demand for alternative fuel ...
Tags: Fuel Vehicle, HEV
The UK new car market achieved a 12-year high in January, according to figures published by SMMT. 174,564 vehicles left showrooms last month – a 2.9% year-on-year uplift and the highest level since 2005. Significantly, however, the ...
Tags: Car Market
Comexi, specialist in machinery solutions for the flexible packaging converting industry, consolidates its presence in Central America by incorporating the experience of Go Print as an agent company. The agreement was formalized a few ...
Honda Motor and Hitachi Automotive Systems have signed a memorandum of understanding (MoU) to establish a joint venture company for developing, manufacturing and selling electric vehicle motors. The two companies now will conduct formal ...
Tags: Honda, Electric Vehicle Motors
Sammy Hagar and Adam Levine have launched Santo Mezquila, a premium blend of two distillates - 100% Blue Agave - commonly known as Tequila, and Espadin Agave, used to produce Mezcal. Santo Mezquila is a premium blend of two distillates - ...
Tags: Sammy Hagar, Adam Levine, Mezquila
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
Folding cartons, corrugated packaging producer Green Bay Packaging has purchased and installed a new Speedmaster XL 145-7+L printing unit from Heidelberg at its facility in Wisconsin, US. The very large format (VLF) printing press, ...
Tags: Folding cartons, Green Bay