Nestle Japan is all set to commercialize the first ever natural pink ruby-flavored chocolate by introducing the new KitKat Chocolatory Sublime Ruby bars in Japan and South Korea. The ruby chocolate used in the new KitKat product, dubbed ...
Peregrine Semiconductor Corp of San Diego, CA, USA – a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-insulator (SOI) – has announced its corporate name change to pSemi Corp, a Murata company ...
Tags: Semiconductor, integrated circuit
Plessey Semiconductors Ltd of Plymouth, UK has demonstrated how its monolithic microLED technology can be used to deliver the next-generation of head-up displays (HUDs), enabling new augmented reality (AR) and virtual reality (VR) ...
Packaging solutions provider Ardagh Group is planning to permanently close its glass container production facility in Milford, Massachusetts, US. The firm said that the decision to close the facility comes in response to the decrease in ...
Tags: Ardagh Group, Beer Bottle
Nissan has unveiled its new compact SUV concept Xmotion at this year’s North American International Auto Show being held in Detroit, US. The concept is a six-passenger, three-row claims to fuse Japanese culture and craftsmanship ...
Tags: Nissan, Detroit Auto Show
Plastic packaging solutions provider Graham Packaging is planning to invest $6.7m to expand its plastics manufacturing operation in Campbell County, Virginia, US. The new investment is expected to create eight new jobs while training 37 ...
Tags: Graham Packaging, Packaging
Foodservice retailer McDonald’s said by 2025, it plans to use packaging that come from renewable, recycled or certified sources. The company announced goals to enhance its packaging and help reduce waste to positively impact the ...
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. ...
Asahi UK has re-launched its Super Dry beer in the UK, brewed in the same authentic form as the beer sold in Japan. The move comes after a major investment from the brand, which has enabled Asahi to produce the beer in-house in Europe for ...
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
Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...
Tags: Stone Canyon Industries, packaging
To cope with increasing price competition in the blue LED segment, Taiwan-based LED packaging firms are shifting the focus of their production to infrared (IR) and sensing devices, reports Digitimes. China’s largest LED packaging ...
Tags: LED market, LED chips
The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
Xpeng Motors has showcased its EV-G3 at the International CES 2018 in Las Vegas, Nevada, US with four attributes to usher in a new era of autonomous driving experience. It is also the first mass production version of the intelligent car ...
Tags: Xpeng Motors, CES 2018