Finland-based pulp and paper manufacturer Stora Enso is investing about €63m to strengthen its consumer board and biomaterials capabilities in China and Sweden. Of the total amount, the company will invest €31m in a new ...
Tags: Stora Enso, Investment, China, Sweden
CCL Industries has appointed Guenther Birkner as president of the Healthcare & Specialty business at CCL Label in addition to his existing responsibilities in Food & Beverage. Peter Fleissner is appointed president of CCL Design, ...
Tags: CCL, Appointments
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
Albertsons Companies will be working with its suppliers toward a goal of sourcing only cage-free eggs for its store operations by 2025, based on available supply. The company, among the first and largest in the conventional retail grocery ...
China-based protein food developer Sino Agro Food (SIAF) has effected management changes to expand its brand in Europe. SIAF has announced that Bertil Tiusanen has resigned from his position as the CFO and has taken up the role of New ...
Tags: SIAF, Expansion in Europe
Mazda North American Operations released EPA-estimated fuel economy figures for its all-new 2016 Mazda CX-9. Certified at an EPA-estimated 22 mpg city/28 mpg highway/25 mpg combined, when equipped with front-wheel drive, the 2016 CX-9 ...
LED device maker Lite-On Technology, LED lighting maker Laster Tech as well as LED epitaxial wafer and chip makers Epistar and Genesis Photonics have stepped into automotive LED lighting, according to industry sources. Lite-On Technology, ...
Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
Luxoft has announced that it has acquired Symtavision, a provider of automotive software tools and consulting services focused on scheduling analysis, architecture optimization, and timing verification. These tools and services are for ...
Tags: Luxoft, Automotive Industry
European bottler of soft drinks and fruit juices, Refresco Gerber has signed an agreement to acquire the bottling facility in Hamburg, Germany from food and beverage company PepsiCo in a bid to strengthen its co-bottling activities. The ...
Tags: Refresco Gerber, soft drinks, fruit juices
The total number of Chinese homeport cruise ship travelers reached 2.22 million passenger trips in 2015, and China's cruise industry is set to grow faster in the next decade, a report said. Throughout 2015, China's 10 cruise ports ...
Tags: Cruise Industry, Cruise Ship
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
Seal integrity is extremely important for preventing contamination or spoilage of a canned food product. Here is why proper canned food sealing is important and most effective method for evaluating seal integrity for canned food. Why Seal ...
Tags: Seal Integrity, Leak Tests
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has signed Japan's largest electronic components distributor UKC Holding Corp as its ...
Mondi Group has agreed to acquire the Simet corrugated plant located in Grabonóg, near Poznań in Poland. The plant is designed to produce a wide range of flexo printed packaging including American cases, die-cut and multipoint ...