GaN Systems Inc of Ottawa, Ontario, Canada – a fabless developer of gallium nitride (GaN)-based power switching semiconductors for power conversion and control applications – says that its funding partners have been recognized ...
Tags: GaN Systems Power, semiconductors
Toyota is spending $1.33bn at its Kentucky manufacturing facility as part of its plan to invest $10bn in the US over the next five years. The move adds to the $530m invested in 2013 to support the production of Lexus. With the present ...
Ford Motor has announced to launch Mondeo Energi vehicle in China next year, as part of its new electrification strategy for the country. Mondeo Energi will be Ford’s first plug-in hybrid to be manufactured by Changan Ford joint ...
Tags: Ford Motor, Plug-in Hybrid
Mars has announced plans to reinvest $70m in its US supply chain, with the creation of around 250 jobs at sites across the country. The company said the move will ensure that over 95% of its chocolate products for the US are made here. ...
Tags: Mars, chocolate products
Dow Chemical has completed construction phase of ethylene production facility in Freeport, Texas, ahead of schedule. The firm is now progressing through the commissioning phase for the ethylene facility scheduled by mid-year. Dow ...
Tags: Dow Chemical, Ethylene Production
US-based Addivant has introduced next-generation linear low-density polyethylene (LLDPE) packaging solution, which based on the firm’s nonylphenol-free stabilizer Weston 705. The new solution can be used in food packaging ...
Tags: LLDPE Packaging, Packaging
German luxury car-maker BMW plans to launch 40 new or revised models under its brands BMW, Mini and Rolls Royce by 2018 as it looks to compete against its rival Mercedes. The company will focus on top end and premium segments in its ...
Tags: BMW, luxury car
Impossible Foods has launched its first large-scale production facility, which could allow the company to make about 1 million pounds of meat a month, directly from plants, when fully ramped up. The goal for the East Oakland site is to ...
US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
Finch Paper sets itself apart by providing printers with domestic solutions to capitalize on their high-speed inkjet investments. Making it easier than ever to select the right paper, Finch Paper has updated and expanded its paper brands. ...
Tags: Finch Paper, High-Speed Inkjet
Trillium, which aims to close the cyber-security gap threatening self-driving cars, has completed its Series A financing round with investments by Global Brain, Mizuho Capital and DBJ Capital. Tokyo-based Trillium designs and provides ...
Tags: Trillium, Driverless Car Security
DGBAS reports Taiwan’s 2017 GDP growth forecast to stand at a three-year high of 1.92 percent, with annual export to show the strongest increase of 8.5 percent in the past six years (photo courtesy of UDN.com). In light of the ...
Tags: GDP growth
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper