Sappi North America, a producer and supplier of diversified paper and packaging products, has announced the expansion of its LusterCote packaging line. The addition of new heavyweight options provides press operators, brand owners and ...
German automotive company Opel has broken ground on the €11m expansion of its Design Center of the Rüsselsheim headquarters. This investment will go into ultra-modern visual and communication technologies which will allow for ...
Tags: Opel, automotive
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
The recovery in air freight volumes from a weak first half of last year continued into 2016, although subdued underlying global trade conditions suggest another modest year for volumes growth, reports the IATA. Ongoing strong capacity ...
Tags: IATA, Solid, Air Freight
Lee-Anne Neale will be joining the company, where she will help to drive business with independent, online and major retailers across the company's portfolio of products. KD UK is welcoming its latest recruit to its toy team, with the ...
Tags: Sales manager, Appointment, KD UK, Lee-anne neale
Bridgestone has announced that it will invest $164m over a period of five years to expand its passenger tire manufacturing plant in Wilson, North Carolina. The company wants to improve the plant's global competitive position by installing ...
Tags: Bridgestone, Investment, Expansion
UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...
Tags: Hotel Chocolat, Business expansion
Ciao Bella, maker of artisan gelato and sorbetto, has launched onto the shelves of a number of new retailers in key markets as part of the brand's expansion plan. This new distribution allows the company to increase its national footprint ...
Tags: Ciao Bella, Expansion
Virtual reality spans across a wide range of price points, but HTC’s only shown interest in the high-end so far. HTC is ‘open’ to the idea of a smartphone-based virtual reality headset. Speaking to TrustedReviews, Ryan ...
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that UK-based Plessey Semiconductors Ltd has ordered an AIX G5+ C cluster system (for delivery in third-quarter 2016) to expand its production capacity for ...
Essentra, a supplier of plastic, fiber, foam and packaging components, is planning a six-fold expansion of its facility in Newport, UK. The move, which is expected to create 170 additional jobs, follows the company's announcement in last ...
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
UAE-based Delta Food Industries has opened Dh40m ($10.89m) dairy plant in the Sharjah Airport International Free Zone (SAIF Zone). The new manufacturing plant will produce evaporated milk and cream. Delta Food Industries founder and ...
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
China-based protein food developer Sino Agro Food (SIAF) has effected management changes to expand its brand in Europe. SIAF has announced that Bertil Tiusanen has resigned from his position as the CFO and has taken up the role of New ...
Tags: SIAF, Expansion in Europe