Supply of LED chips produced by China- and Taiwan-based makers has been tight and the situation will remain until the third quarter of 2017 when major China makers ramp up their new production capacity, according to China-based LED ...
Tags: LED chips, LED device
China's crude refinery throughput in March rose 5.9% year on year to 47.5 million mt, or an average of 11.23 million b/d, preliminary data released Monday by the National Bureau of Statistics showed. This was the highest year-on-year ...
Tags: crude refinery, Oil
Kush Bottles, a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, reported financial results for its second fiscal quarter ended February 28, 2017. Second Quarter Fiscal 2017 ...
Tags: Kush Bottles, packaging
Valmet has secured a repeat order from First Quality Tissues (FQT) for its Advantage THRU-AIR tissue line. FQT plans to begin a new production line in the second quarter of 2018 and it will increase its production by 70,000 tons of ultra ...
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Loews has agreed to acquire US-based rigid plastic packaging manufacturer Consolidated Container Company (CCC) from Bain Capital Private Equity for about $1.2bn. Based in Atlanta of Georgia, CCC offers packaging solutions to stable end ...
Tags: plastic packaging, packaging
RiceBran Technologies has signed an agreement with Alothon Group, its minority co-investor in Nutra, that terminated Alothon's roll-up rights, a process that would have let Alothon to exchange its equity position in Nutra for an equivalent ...
Tags: RiceBran, Roll-up Rights
Cosmo Films has unveiled plans to install a new production line at its Waluj plant site in Aurangabad, located in the Indian state of Maharashtra. Cosmo Films will invest up to Rs250crores ($37m) to build the new production line, which ...
Tags: Cosmo Films, polyester
Ride-hailing company Lyft has reportedly raised $500m in a new round of funding that valued the company at about $7.5bn. Uber's rival has been trying to raise investment for some time to enter new markets. In the first quarter of this ...
Tags: Lyft, Ride-hailing
Jaguar has teamed up with GoPro to offer the ultimate dash-cam experience. As part of the launch of the new F-Type range of sports cars, Jaguar has partnered with GoPro on a “world-first" new dash cam system. The companies have come ...
In view of fast growing demand for LED automotive lighting in the China market, some Taiwan-based LED packaging service providers and LED automotive lighting module makers have been competing for orders there, according to industry sources. ...
Tags: LED packaging, LED devices
Apple is supposedly planning to release a new generation of the Apple Watch later this year. According to a report by industry news site Digitimes, Apple is working with suppliers to release the “upcoming next-generation Apple ...
Tags: Apple Watch 3, Apple
UK consumers goods company Reckitt Benckiser is weighing strategic options for its food business to help pay down debt after its planned $16.6bn purchase of Mead Johnson. The company is mulling over all options for the food business, ...
Tags: Reckitt Benckiser, Food Business
API Group has invested more than $8.5m in a North American Center of Excellence in Lawrence, Kansas. The project will consolidate API’s decorative holographic and foil manufacturing on the existing site, with the addition of new ...
Everlight Electronics has disclosed it will expand its annual LED packaging capacity from 4.5 billion chips currently to 5.5 billion, with most of the additional capacity to be used for fine pixel pitch displays and automotive lighting. ...
Tags: LED packaging, LED lighting