Evatec Ltd of Flums, Switzerland, which makes thin-film deposition and etch processing equipment for semiconductor, MEMS, optical and optoelectronic applications, has agreed to acquire the Advanced Technologies Segment of Oerlikon of ...
Tags: deposition systems, packaging, Electrical
Earlier in December 2014, Australian Food News reported that food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: Food, Beverage, Agriculture
Zambian agri-business company Zambeef is in talks with a third party to divest edible oil and soya meal producers Zamanita Limited. The move follows the publication of a cautionary announcement regarding the transaction on the Lusaka ...
Tags: edible oil, soya meal, Agriculture
In July 2014 Huhtamaki announced that as a result of its growing strategic focus on food packaging it had started to evaluate options regarding its films business. The annual net sales of the films segment were €187m in 2013 and the ...
Tags: Films Business, Packaging
Finland-based packaging company Huhtamaki will be selling its films business to German private equity company Deutsche Beteiligungs for $175m (€141m). Huhtamaki is known for supplying paper cups to McDonald's. The company stated ...
Tags: food packaging, Films Segment, Agriculture
The National Shooting Sports Foundation (NSSF) in a statement said it was "clearly disappointed" that Jay Leno has cancelled his performance at the upcoming SHOT show in Vegas. On Tuesday, several gun violence-prevention groups called on ...
Tags: Shot Show Performance, National Shooting Sports Foundation
Aussie apparel and footwear marketer, Pacific Brands said it has entered into three unconditional agreements to sell its Brand Collective business in the footwear, apparel and sport categories. “Gross proceeds from the transactions ...
Tags: Aussie apparel, footwear marketer, Apparel
Global drinks major PepsiCo has offloaded its entire company-owned bottling operations in North India to its franchisee bottling partner Varun Beverages. The divestment is expected to enable the company to move forward in its fight with ...
Tags: PepsiCo, bottling operations, Agriculture
Dow Chemical, which wants to hive off its various stakes in Kuwait’s chemical and petrochemical sectors, will offer its shares to Kuwaiti citizens as an initial public offering (IPO). Kuwait's state news agency KUNA quoted Public ...
Tags: petrochemical sectors, Dow Chemical, Textile
UK-based Dairy Crest has agreed to divest its Dairies operations to Müller UK & Ireland for £80m, citing slump in profits during the six months ended September. The transaction includes production plants at Foston, Chadwell ...
Tags: fresh liquid milk, Dairy Crest, Agriculture
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
UK-based Dairy Crest has agreed to divest its Dairies operations to Müller UK & Ireland for £80m, citing slump in profits during the six months ended September. The transaction includes production plants at Foston, Chadwell ...
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
International credit rating agency Standard & Poor's Ratings (S&P) has announced that a potential sale by Indian steelmaker Tata Steel of its European long steel products business and associated distribution activities is credit positive ...
Tags: steelmaker, Tata Steel