Valmet has been awarded a contract to supply three winders for Shanying International’s facility in Hubei province, China. Under the contract, Valmet will be responsible for the supply of three high-capacity OptiWin Drum two-drum ...
Sincerity Applied Materials Holding has unveiled plans to enter the US market, helping to serve customers in the region. Presently over 90% of SAPL's revenue is derived from sales within the Australian market. However, due to the strong ...
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
The Renault-Nissan-Mitsubishi automotive alliance announced that its member companies sold a combined total of 10,608,366 units in the 12 months to 31 December 2017. Growing demand for SUVs, light commercial vehicles and a rising number ...
International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
Water UK has launched a new scheme in the UK to allow consumers to refill plastic water bottles in public places to help reduce the plastic use. People will be able to refill water bottles for free in tens of thousands of places in ...
Tags: Plastic Bottle
CRAIC Technologies Inc of San Dimas, CA, USA has added Raman microspectroscopy to its flagship product: the 20/30 Perfect Vision microspectrophotometer. Users can now acquire Raman spectra by integrating the new Apollo II Raman ...
Toyota's luxury brand Lexus has launched its new crossover LF-1 Limitless at the North American International Auto Show 2018. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at Detroit. ...
The North America Adhesives group of H.B. Fuller will increase the price for adhesives between 5% and 15%, based on the product sold, effective immediately or as contracts allow. These increases affect products sold for the following ...
Tags: Adhesives, raw material
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
Sysco has agreed to acquire Kent Frozen Foods, a UK-based foodservice distributor, for an undisclosed price to expand its European business. The acquisition, which is conditional upon approval from the Competition and Markets Authority, ...
Tags: Frozen Foods, Sysco
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
Food Lion has issued a recall of all code dates of its Food Lion brand Homestyle Buttermilk Biscuits after being notified by its manufacturer that the product may have been contaminated with listeria monocytogenes. While there have been ...
The global market for radio-frequency (RF) power semiconductor devices – spanning silicon (LDMOS), gallium arsenide (GaAs) and gallium nitride (GaN) – will increase at a compound annual growth rate (CAGR) of nearly 12% during ...
Tags: Semiconductor