Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
UK-based Blake Envelopes has introduced a new range of polythene quick pay deposit bags designed for use in financial and banking institutions. The bags have been made from reinforced polythene and are intended to offer improved burst ...
Tags: Blake Envelopes, polythene
China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council ...
China's manufacturing sector continued to slow in January 2017 because of a further improvement in the health of the sector. The Caixin General Manufacturing Purchasing Managers' Index (PMI) edged down to 51.0 last month from December's ...
Tags: manufacturing sector, PMI
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
Kush Bottles, a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, reported financial results for its first fiscal quarter ended 30 November 2016. First Quarter Fiscal 2017 Financial ...
Tags: Kush Bottles, packaging
Glatfelter announced the promotion of David Dickerhoof to vice president of sales and marketing for specialty papers, effective immediately. Mr. Dickerhoof fills the position previously held by Mr. Timothy Hess who was promoted to Senior ...
Tags: Specialty Papers, Glatfelter
China will quadruple its new energy vehicle annual output to 2 million by 2020, a cabinet minister said. Citing a government plan, Industry and Information Technology Minister Miao Wei said at a Beijing forum over the weekend that by ...
Tags: new energy vehicle, cars
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
Fortis Solutions Group, a provider of printing, packaging, and labeling solutions, has acquired US-based Action Packaging Systems to strengthen its business. Action Packaging Systems is engaged in providing pressure sensitive prime, ...
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
Amplify Snack Brands announced it has strengthened the Company’s executive leadership team by appointing Mike DeGrace as senior vice president of sales for North American region. Mr. DeGrace joins Amplify with over 30 years of ...
Tags: Amplify Snack, packaged foods
German group Korber has completed the acquisition of Fargo Automation, which is based in North Dakota, US. Fargo designs and manufactures packaging equipment for pharmaceutical and medical device industries. With this acquisition, Korber ...
Tags: Korber, medical device