Valmet has secured an order to supply EVO-56 defibrator system to Chinese firm Chiping County Senqiang MDF, which belongs to Sensen group. The new defibrator system will produce 30 tons per hour bone dry (bd) unresinated fiber. It will ...
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
Valmet has secured an order to deliver a complete tissue production line to Spain-based ICT Iberica. The new Advantage DCT 200HS tissue line will be installed at the company's mill in Burgo. It is expected to start operations in the third ...
Tags: Valmet, ICT Iberica
Apetit Group has agreed to divest its seafood business in Finland, Norway and Sweden to Insula for an undisclosed price. The divested seafood segment of Apetit is made up of Apetit Kala fish processing business which salmon and rainbow ...
Aston Martin is now offering its DB11 with a 4.0-litre twin-turbocharged V8 engine. The new 4.0 litre, V8 engine is a slightly reduced version of the original 5.2 litre V12 engine. Yet, it is claimed to deliver 503 bhp, with 675Nm of ...
Tags: Aston Martin, Mercedes-AMG
As demand for LED end devices has resumed growth amid shortages of LED chip supply, China's LED makers have recently begun expanding their capacities and local governments are also planning new subsidy and investment programs to assist the ...
Tags: LED chip, LED packaging
Details of the upcoming Moto X4 have seemingly been revealed, with a dual camera setup and IP68 water resistance tipped to appear. The information comes via VentureBeat where renowned tipster Evan Blass, aka @evleaks, has provided an ...
Tags: Moto X4, Dual Camera
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
International Paper has agreed to settle the Kleen Products antitrust class action lawsuit, which was filed in 2010 against it and seven other containerboard producers. The lawsuit is pending in the US District Court for the Northern ...
Smartphones launched as soon as next year could feature a bezel-free design thanks to new fingerprint scanning technology announced by Qualcomm. The US chipmaker has long supplied components to major phone makers like Apple and Samsung, ...
Tags: Fingerprint Scanner, Smartphones
For full-year fiscal 2017 (to end-April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $1449.3m, up 14.7% on fiscal 2016’s $1263.2m. However, for fiscal ...
Tags: Finisar, Datacom product
Starting in summer 2017, BMW's new 530e plug-in hybrid will be produced at Magna's contract manufacturing facility in Graz, Austria. As a contract manufacturing partner for two premium electrified vehicles – the BMW 530e and the ...
Tags: BMW, Plug-in Hybrid, SUV
Finnish industrial supplier Valmet has received an order to supply its Advantage NTT tissue production line to Sofidel’s Ibertissue mill in Bunuel, Navarra, in Spain. As per the order, Valmet will supply NTT 200 tissue production ...
Tags: Valmet, automation system
Sofradir of Palaiseau near Paris, France – a subsidiary of Safran and Thales that makes cooled infrared (IR) detectors for military, space, scientific and industrial applications – is developing its first very-large-format ...
Solegear Bioplastic Technologies has secured an initial truckload order for bioplastic rollstock from a worldwide developer, manufacturer and marketer of custom thermoformed plastic packaging in the retail, industrial and food industries. ...
Tags: Solegear, Plastic Packaging