US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment ...
Tags: Industrial Robot, Robot
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...
Tags: coal, coal demand
Pakistan plans to ambitiously grow its LNG imports over the next few years, Adnan Gilani, the chief operating office of Pakistan LNG Ltd. (PLL), re-affirmed at the LNG Supplies for Asian Market (LNGA) conference in Singapore this week. ...
Tags: LNG, LNG imports
Innovative Chemical Products (ICP Group) has acquired US firm MinusNine Technologies for an undisclosed sum. Based in Birdsboro of Pennsylvania, MinusNine is engaged in the formulation and manufacturing of UV/EB coatings, adhesives, ...
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
Graphic Packaging Holding Company, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for fourth quarter 2016 of $34.9m , or $0.11 per share, based upon 317.9 million weighted average ...
Tags: Graphic Packaging, Packaging
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
The PSA Group and the CK Birla Group have sign joint-venture (JV) agreements to produce and sell vehicles and components in India by 2020. The ceremony of signature lays the foundation for a long term partnership between the two Groups ...
Tags: PSA Group, CK Birla Group
China National Energy Administration released statistics right after the Lunar New Year: Up until late-2016, the cumulative PV installation reached 77.42GW in China. The newly-added installation reached 34.54GW in 2016, a doubled growth ...
Tags: PV installation, mono-Si modules
Global demand for LED chips used in fine pixel pitch displays in 2017 will increase 30-40% on year, according to industry sources in Taiwan. The growth is due to increasing demand for such displays and increasing density of LED chips per ...
Tags: LED chips, LED Displays
Steady buyer and designer attendance and strong order-writing set a positive tone at the largest-ever Winter 2017 Las Vegas Market, which ran January 22 to 26, 2017. Overall attendance surpassed last Winter’s all-time high, with 13% ...
Tags: furniture, Winter Market
What would be your prediction for lighting in 10 years’ time? Majority of commercial members won’t be supplying commodity type luminaires but in order to prosper will need to adapt to the need for more specialist products or ...
Tags: Lighting Industry, Lighting
China has the largest capacity for photovoltaic (PV) energy in the world, official data showed Saturday. China's installed PV capacity was 77.42 million kilowatts at the end of 2016, thanks to 34.54 million kilowatts of capacity added ...
Tags: PV Energy, PV Capacity
Seven China-based panel makers have been expanding existing or setting up new AMOLED production capacities, with total annual capacity estimated to increase from 272,000 square meters in 2016 to 1.584 million square meters in 2018, 4.464 ...