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New Star Metals Announces Name Change to Material Sciences Corporation
Apr 30, 2019New Star Metals has announced that, effective November 2, the company will be known as Material Sciences Corporation (MSC). Founded in 2010, New Star Metals added the original Material Sciences Corporation to its growing list of ...
Tags: New Star Metals, Coating, Electric Coating Technologies
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DS Smith Completes Acquisition of Corrugated Container Corporation
Jun 11, 2018DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...
Tags: Corrugated Container, packaging
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P&G Commists to 100% Recyclable Packaging by 2030
Apr 27, 2018Personal care giant Procter & Gamble (P&G) has announced new sustainability goals for 2030, which include 100% recyclable or reusable packaging. PG announced it has achieved many of its 2020 environmental sustainability goals, has plans ...
Tags: Recyclable Packaging, Packaging
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Pairwise Plants Raises $25m Funding to Speed up Crop Innovation
Mar 22, 2018Pairwise Plants has closed a $25m Series A funding round co-led by Deerfield Management and Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto to accelerate crop innovation. Pairwise is an agricultural company focused on ...
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UK's RPC Group to Buy Industrial and Consumer Packaging Firm Nordfolien
Mar 19, 2018RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
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Crown's Net Sales Increase in 2017 Fourth Quarter
Feb 9, 2018Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
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Water UK Launches New Scheme to Offer Free Water Refills to Cut Plastic Bottle Use
Jan 29, 2018Water UK has launched a new scheme in the UK to allow consumers to refill plastic water bottles in public places to help reduce the plastic use. People will be able to refill water bottles for free in tens of thousands of places in ...
Tags: Plastic Bottle
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Volvo to Begin Car Assembly Operations in India This Year
Dec 28, 2017Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
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Magna International Realigns Management Structure Along Product Lines
Dec 21, 2017Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
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Ferrero Acquires Candy Manufacturer Ferrara Candy
Dec 6, 2017Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
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SodaStream Introduces Fine Sparkling Drink with Riesling Flavor in Germany
Nov 29, 2017SodaStream International has launched its limited edition line, 'Sparkling Gold,' a fine alcoholic concentrate to be added to sparkling water. This sparkling tangy tongue pleaser, resembling the taste of a fruity Riesling wine, is ...
Tags: sparkling water, wine
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Hormel Foods Merges Specialty Foods Segment Into Grocery Products Segment
Nov 23, 2017Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...
Tags: Hormel Foods, Grocery Products
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Volvo to Supply 24, 000 Self-Driving Cars to Uber
Nov 23, 2017Swedish auto-maker Volvo Cars has agreed to supply 24,000 autonomous cars to ride-sharing company Uber. Under the framework agreement, Volvo will provide Uber with its XC90 premium SUVs complete with autonomous driving technologies, from ...
Tags: Self-Driving Cars, Volvo, Uber
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Paine Schwartz Invests in Ingredient Firm Lyons Magnus
Nov 16, 2017Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
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Robert Aiken Steps Down as President of TreeHouse Foods
Nov 6, 2017TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...
Tags: TreeHouse Foods, packaged foods, beverages
