China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
The Asian butadiene-naphtha price spread hit a seven-year high of $2,557.38/mt CFR last Friday amid extremely tight supply globally and strong demand for downstream products such as styrene-butadiene-rubber, SB latex and ...
Tags: Butadiene Naphtha, styrene
LED packaging service provider Unity Opto Technology expects smart lighting, high-end backlighting and infrared (IR) applications to drive business growth and hike overall gross margin by 3-5pp in 2017, according to company chairman Wu ...
Tags: LED Lighting, IR Devices
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
The Heimtextil 2017 show finished after four successful trade fair days in Frankfurt am Main. Almost 70,000 trade visitors from across the world attended the leading trade fair for home and contract textiles and were won over by quality and ...
Tags: Heimtextil 2017, fabrics
Sonoco announced it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) in the US and Canada. Sonoco previously announced a URB price increase of $40 to $60 per ton in October 2016, and the ...
Niagara Bottling is set to invest around $95m to expand its operations in Box Elder County, Utah, US. The beverage bottling firm, along with the Economic Development Corporation of Utah (EDCUtah), has announced the expansion and capital ...
Tags: Niagara Bottling, beverage
Gerresheimer has unveiled a new metal-free 1ml long Luer Lock Gx RTF syringe, which serves as primary packaging solution for sophisticated medications. The syringe has been developed to be used for medications based on biotechnologically ...
Tags: Gerresheimer, Syringe
AWT Labels & Packaging has installed a new 52” 10 color W&H Miraflex Central Impression Cylinder press at its South Elgin, Illinois facility. The new press is equipped with ten printing decks, automated wash up decks and several ...
Tags: Cylinder Press, Cylinder
Faraday Future, a company that's looking to take on Tesla at the luxury end of the smart car market, has admitted that it had to put building its ambitious $1 billion factory on hold to finance its presence at CES this year. When Faraday ...
Tags: Tesla, Faraday Future
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
INX Digital is planning to launch TRIANGLE brand of alternative inkjet inks at the FASTSIGNS Convention scheduled to be held in the US. The industry-leading, wide format high performance inks are designed to endure outdoor exposure and ...
Tags: Inkjet Inks, INX Digital
Demax Graphic Arts Group in Bulgaria has invested in a fully-automated Edale FL5 single-pass flexographic press to print sophisticated lottery scratch cards. The press, the first of its kind in Europe, has been installed at the Demax ...
Tags: Demax Graphic, Flexographic Press
Hyundai is showcasing three new eco-focused models: the 2017 Ioniq Electric, Ioniq Hybrid and Ioniq Plug-in Hybrid Electric the Detroit International Auto Show. The Ioniq Hybrid and Electric will be available to consumers in the first ...
Tags: Hyundai, Ioniq Electric
US-based KBR has been awarded contract to provide maintenance, planning and industrial services for renewable packaging and paper products producer International Paper (IP). Under the four-year contract, KBR will be responsible for ...
Tags: International Paper, packaging