The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Volkswagen has agreed to recall an additional 83,000 vehicles and pay $250m to partially settle claims related to its emissions cheating scandal. The company signed an agreement with the US Department of Justice (DOJ) on behalf of the ...
Tags: Volkswagen, Vehicles
Constantia Flexibles has used Avery Dennison’s CleanFlake material to deliver a recyclable pressure-sensitive label for Coca-Cola European Partners' (CCEP) new Glacéau Smartwater Sparkling spring water product. The new label ...
Tags: Recyclable Label, Sparkling Water
Research commissioned by the Confederation of Paper Industries (CPI) has revealed that when asked to choose who is most responsible for ensuring that recyclable packaging from the home is of good enough quality to be recycled, 45% of ...
As one of the auto manufacturer firstly located in Changsha economy and development district, FOTON Changsha plant has produced 800 thousand vehicles since 1999, accumulating sales revenue of 40 billion Yuan, realized the super development ...
On November 26 (local time), the 10th anniversary ceremony of JAC light truck in Peru was held in Lima to thank for the Peru customers’ love and further expanding JAC brand awareness and influence in South Africa market. Over 160 ...
Tags: JAC, Light Truck
Rockwell Automation OEM partner AFA Systems has developed a new HD-CMA continuous motion autoload cartoner for potato chip producers. HD-CMA machine holds capacity to run 320 products per minute, cartoning one bag of chips per carton. ...
Tags: AFA Systems, Potato Chip
Finland-based pulp and paper manufacturer Stora Enso has divested its 100% stake in packaging machine producer Formeca to Amitec for undisclosed amount. Formeca, Stora Enso’s Finnish subsidiary, is engaged in providing high-quality ...
Tags: Amitec, Packaging Machine
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
German conglomerate BASF opened a new technical application laboratory for its nutrition and health business in Singapore to bolster its research and development footprint in the region. Located at Singapore Polytechnic and named as ...
Tags: functional foods, beverages
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
US-based R-V Industries (RVII) has acquired Genesis Packaging Technologies for an undisclosed sum. Based in Exton of Pennsylvania, Genesis specializes in the science and technology of pharmaceutical vial processing and residual seal force ...
Tags: R-V Industries, Genesis Packaging
Ube Machinery and Mitsubishi Heavy Industries have merged their respective injection moulding machine businesses. Mitsubishi has restarted its operations with the new structure and corporate name U-MHI Platech. Ube Machinery has ...
Tags: Mitsubishi, Ube Industries, Injection Moulding Machine
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
Greencore Group has acquired Peacock Foods from affiliates of Charlesbank Capital Partners for an undisclosed sum. Based in Geneva of Illinois, Peacock Foods provides packaging and supply chain management solutions to the consumer food ...
Tags: Greencore, Peacock Foods