DS 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
Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
Herma is set to unveil new labeling machine at this year’s Anuga FoodTec event in Cologne, Germany. The event will take place between 20 and 23 March. At the event, the firm will exhibit new Herma 652B system for the top and base ...
Tags: Herma, labeling machine
Groupe PSA has decided to produce its new vehicles at its plants in Sochaux and Mulhouse from 2020/2021. The production of the new vehicles, the details of which will be revealed at a later date for strategic reasons, will secure ...
Tags: Groupe PSA
Tokyo-based Showa Denko K.K. (SDK) says that, by the end of January 2018, it will acquire assets from Nippon Steel & Sumitomo Metal Corp (NSSMC) and Nippon Steel & Sumikin Materials Co Ltd (NSMAT) concerning the ...
Tags: SDK, Nippon Steel
Mattel has enjoyed a spike in net sales in its second quarter 2017 financial results. The firm reported that net sales were up by two per cent as reported and up by three per cent in constant currency, versus the prior year's second ...
Mazda Motor said, starting from November, it will manufacture the all new CX-5 at its Hofu plant in Yamaguchi prefecture in Japan, apart from the Hiroshima plant where it is being produced currently. The move will help the automaker ...
Tags: Mazda Motor, SUV
Pakistan plans to ambitiously grow its LNG imports over the next few years, Adnan Gilani, the chief operating office of Pakistan LNG Ltd. (PLL), re-affirmed at the LNG Supplies for Asian Market (LNGA) conference in Singapore this week. ...
Tags: LNG, LNG imports
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Mazda Motor has started the production of CX-3 subcompact crossover SUV at Hofu Plant No.1 in Yamaguchi, Japan. The move strengthens the automaker's supply system for SUV vehicles, demand for which continues to grow globally. Hofu Plant ...
Tags: Mazda, Crossover SUV
Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
Janoschka Pavlovsk will install a Schepers Digilas laser at the start of the new year. The direct laser will be operational in the first quarter of 2017 and will primarily be used for embossing jobs in the tobacco business area. By ...
Tags: Janoschka, rotary embossing tools
Volkswagen has launched its own mobility services company, Moia, which will focus primarily on autonomous vehicles. The move will allow the German firm to compete with Uber and Lyft. Moia will connect the car with the new mobility ...
Tags: Volkswagen, Mobility Services
Swiss pharmaceutical packaging firm Rondo has expanded the operations of its facility in Ejpovice, Czech Republic. The company has installed new die-cutting machine and gluing line at the facility, which will enable to produce around 700 ...
Tags: pharmaceutical packaging, Rondo
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We are moving forward in volatile times. Our profits have fallen with energy prices, but our growth strategy is delivering to the bottom line. Shell’s second ...
Tags: Royal Dutch Shell, 2012 Results