Scandinavian dairy cooperative Arla Foods has introduced its new Strategy 2020, which charts out the company’s growth plan in eight global dairy categories and six market regions around the globe. Under the new strategy, the ...
Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
US-based dairy products manufacturer Berner Food & Beverage has been acquired by a partner of Texas-based private equity firm Peak Rock Capital. Berner is a manufacturer of private label cheese dips, alfredo sauce, salsa con queso, ...
Terlato Wine Group and South Africa-based drinks company Distell Group Limited will merge two divisions of the respective companies - Terlato’s Artisan Spirits division with Distell’s US spirits division, to form a new joint ...
In the first three quarters of 2015, China’s outward investment and cooperation witnessed a rapid development. Nonfinancial direct investment overseas reached US$ 87.3 billion, up 16.5% year on year; the newly signed foreign contract ...
Tags: outward investment, foreign contract projects, One Belt and One Road
Bowie Resource Partners will become the US' largest Western bituminous coal producer following a deal with Peabody Energy, according to the company. The Louisville, Kentucky-based company expects the $358 million acquisition to nearly ...
Tags: coal, Peabody, bituminous coal
LED manufacturers had an especially tough year in 2015. Despite rising LED lighting market demands, and large scale replacements of traditional luminaires, the oversupply situation in the market has caused average sales price (ASP) of LEDs ...
Tags: LED Industry, LED package
Nora Lighting recently donated nearly 100 lighting fixtures to Habitat for Humanity of Greater Los Angeles “ReStores,” the social enterprise arm of the charitable organization. With more than 800 stores through the U.S. and ...
Tags: Nora Lighting, lighting fixtures
Rigid packaging specialist Berlin Packaging has acquired Diablo Valley Packaging, a move that bolsters the company's glass packaging supply chain to better serve the food, beverage, and wine & spirits markets. The deal comes on the heels ...
Tags: Rigid packaging, Packaging
The GBP71bn Anheuser-Busch InBev-SABMiller merger deal process is inching forward as both the companies have reached a final agreement. However, the deal is yet to gain approval from regulators and shareholders. Post clearances, the deal ...
LED package manufacturer Everlight and Japan’s largest LED manufacturer Nichia initiated patent wars in Japan, Taiwan, Germany, U.S. and other countries for the past decade, reported Chinese-language magazine Money Weekly. Nichia is ...
Tags: LED Industry, LED patents, LED lighting
A display expert believes micro-LED displays, such as those made by Apple’s newly acquired low-power display maker LuxVue could become a game changer in the display market, according to a report by Apple Insider. Energy efficient ...
Tags: Apple, Micro-LED Display, OLED panels
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Intertape Polymer has acquired pressure sensitive adhesive tapes producer RJM Manufacturing (TaraTape), effective 2 November this year. The acquisition is valued at around $11m and it was financed with funds from the company's revolving ...
Tags: Polymer, Adhesive Tapes
The market for mid-infrared lasers is about to receive a welcome boost from a raft of new medical and military applications. That’s according to a new analyst report from the market research firm Strategies Unlimited, which ...
Tags: mid-infrared lasers, photonics industry, mid-IR region