Little Rapids, a US-based specialty paper manufacturer, has commissioned a new Voith Paper-built XcelLine VTM 3 tissue machine at its manufacturing facility in Wisconsin. The new Voith machine been designed to replace the existing PM3 ...
Tags: PM3 machine, Tissue Machine
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
Mercedes-Benz said that it will start series production of a city bus with all-electric drive system based on the international best-seller, the Mercedes-Benz Citaro. "Our city bus produces zero local emissions and is ultra-quiet through ...
Tags: Mercedes-Benz, City Bus
Frutarom Industries has signed an agreement with AB Biotics of Spain for the acquisition of the activity of AB-Fortis with its patent-protected micro-encapsulation technology that facilitates delivery of iron with increased biological ...
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...
Tags: Osram, Automotive, LED lighting
Beatson Clark, a UK glass packaging manufacturer, said it will showcase its products and services at the new Craft Beer Italy conference and exhibition in Milan. The packaging company will particularly showcase its embossing techniques ...
Tags: glass packaging, packaging
Valmet has received a contract to supply DNA control system for Blue Paper's new Solid Recovered Fuels (SRF) boiler, which is being developed at Strasbourg mill in France. Blue Paper is developing a new 22MW steam production plant based ...
Tags: Valmet, DNA control system
Ecommerce analytics firm Profitero has found the construction toy firm is still number one with consumers. LEGO is the brand leading the ‘most wished-for’ product list in the toys & games category online running up to the ...
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...
Tags: Budweiser Beer
Total global LED chip production capacity has entered a new peak expansionary phase in 2017, according to the latest LED market supply and demand analysis by LEDinside (a division of TrendForce). This recent surge of capacity expansion has ...
Tags: LED market, LED Chip
Polymer giant Covestro is leading a consortium of 14 partners to study how plastics can be produced from flue gas from the steel industry in an efficient and sustainable manner. The investigation anchored by the materials manufacturer ...
Tags: Steel Plants, Plastics
Swedish automaker Volvo Cars and its parent company Geely Holdings will be investing €640m in their new electric vehicle brand Polestar. The investment will be used to establish a manufacturing facility in Chengdu, China which is ...
Tags: Volvo Cars, Geely, electric vehicle