Indian food company LT Foods has entered into an agreement to acquire rice export business of consumer goods producer Hindustan Unilever (HUL) for around Rs250m ($3.76m). Under the deal, LT Foods will acquire two HUL brands - Gold Seal ...
Tags: LT Foods, Aquisition, HUL, Rice export business
From January to November in 2015, Chile’s imports & exports volume was USD 109.69 billion, down 14.5% by year according to Chile's Customs data. The export volume was USD 57.34 billion, down 16.0% and imports volume was USD 52.35 ...
Global LED lighting market value in 2016 will reach an estimated US$34.64 billion, accounting for 31.3% of total lighting market value, rising 4.1pp on year, according to Digitimes Research. In terms of global market value, LED light ...
Tags: LED lighting, LED light bulbs
ClipperCreek announced the release of new LCS-20 upgrades series of electric vehicle charging stations, with 16Amp charging and 25 foot cable at $379 for the hardwired model and $395 for all four plug-in models. ClipperCreek director of ...
Tags: ClipperCreek, LCS-20, Electric vehicle
Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
Organic meat company Cleaver's has updated its packaging design to include more information about how its meat was produced. Cleaver’s, which is owned by Arcadian Organic & Natural Meat Company, wanted its new branding to address ...
Tags: Cleaver, Packaging design, Beef
Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Mead Johnson Nutrition (MJN) will co-locate a packaging plant with the nutritional powders plant dairy company Murray Goulburn (MG) plans to build in Victoria. MG has forged long-term supply agreements with global paediatric nutrition ...
Tags: MJN, MG, Nutrition Packaging
Trends in consumer engagement will lead to the rapid rise of smart packaging solutions as costs become more manageable for brand owners. A new report by packaging industry researcher Smithers Pira predicts the global smart (active and ...
Tags: Smart packaging, Technology, Smithers Pira
LEMA opens a new flagship store in Taiwan Lema continues its expansion into the Far East Market with a second store opening in Taiwan. After last year’s opening in Taichung, Lema has now opened a new flagship store in Taipei, ...
Tags: LEMA, Flagship Store, Taiwan
Employee-owned Packaging Group, Kite Packaging, has been named by London Stock Exchange Group as one of the top ‘1000 companies to inspire Britain in 2016’. 2016 heralds the 3rd edition of London Stock Exchange Groups’ ...
From January to October in 2015, Latvia’s imports & exports volume was USD 22.04 billion, down 18.3% by year according to Eurostat. The exports volume was USD 10.04 billion, down 17.7% and imports volume was USD 12 billion, down ...
Engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA has completed its acquisition of broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA for about $78.2m. The ...
Tags: Anadigics, II-VI Inc, Acquisition
Nestle Vietnam has begun construction of a new nutrition manufacturing facility with an investment of $70m at the Thang Long Industrial Park II in Hung Yen province. The new plant, which is being constructed on a 10 hectare area, will ...
Tags: Nestle Vietnam, New nutrition manufacturing facility, Investment