Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
Cascades,a recovery and manufacturing of green packaging and tissue products, has announced plans to build a new tissue converting plant in Scappoose, Oregon, US. The US$64 million investment includes new state-of-the-art converting lines ...
Tags: green packaging, tissue products
In-situ metrology system maker LayTec AG of Berlin, Germany says that epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has purchased a large number of its latest metrology systems for fab-wide metal-organic chemical vapor ...
HanesBrands, the parent of Hanes, Champion, Gear for Sport and a number of intimate apparel brands, said that as part of leadership succession plan, Chairman and Chief Executive Officer Richard A. Noll will be narrowing his role to ...
The Group´s current chief executive John Walden is to step down following the £1.4bn deal. Sainsbury’s chief financial officer, John Rogers has been lined up to lead the Argos owner Home Retail Group once the takeover ...
Tags: Argos, takeover, the digital transformation
Pakistan International Airways (PIA) has signed a three year agreement with Symphony’s distributor Business Dynamics for conversion of the airline's normal plastic packaging into d2w biodegradable plastic. PIA, which is the first ...
India-based flexible packaging solutions provider Creative Polypack has purchased Comexi F2 MB flexographic press. Comexi, along with Reifenhauser India, has signed an agreement with Creative Polypack for the press at Drupa 2016. ...
Tags: flexible packaging, Polypack
Polestar has launched the new generation of its performance package for the new Volvo S90 and V90. Known as Polestar Performance Optimisation, the package upgrades the entire drivetrain and further improves driving dynamics. The S90 and ...
ConAgra Foods has entered into an agreement with Platinum Equity to sell its food ingredient sourcing and distribution company JM Swank for an undisclosed sum. The sale of JM Swank is part of ConAgra's strategy to restructure its ...
Tags: ConAgra Foods, Platinum Equity
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
Honda is showcasing its automated vehicle testing program at GoMentum Station in the US. GoMentum Station features 20 miles of paved roadway on a 5,000-acre site situated in the decommissioned zone of the Concord Naval Weapons Station ...
Tags: Honda, Automated Vehicle
Mondi Group has agreed to acquire 90% stake in Turkish consumer packaging firm, Kalenobel, for €90m. The company will purchase the outstanding share capital in Kalenobel from Argus Capital and M. Olcay Hephiz, one of the company's ...
Tags: Mondi, Turkish Packaging
Volvo Trucks has unveiled a new concept truck which claimed to consume 30% less fuel than conventional trucks. This new concept truck was developed in collaboration with Swedish Energy Agency and US Department of Energy. Volvo says that ...
Tags: Volvo, Concept Truck
US-based restaurant chain Pizza Hut has decided to eliminate artificial preservatives and reduce antibiotics in its food products, in a bid to improve food quality. The company said that it would stop using butylated hydroxyanisole (BHA) ...
Tags: Pizza Hut, Food Products
STMicroelectronics of Geneva, Switzerland says that its silicon carbide (SiC) metal–oxide–semiconductor field-effect transistor (MOSFET) devices have enabled the ZapCharger Portable (claimed to be the world's smallest ...
Tags: transistor, Electric-Car Charger