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New Star Metals Announces Name Change to Material Sciences Corporation

Apr 30, 2019

New 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

P&G Commists to 100% Recyclable Packaging by 2030

Apr 27, 2018

Personal 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

Pairwise Plants Raises $25m Funding to Speed up Crop Innovation

Mar 22, 2018

Pairwise 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 ...

Tags: Pairwise, Crop

Mazda, Toyota Establish JV for $1.6bn Auto Manufacturing Plant in Alabama, US

Mar 13, 2018

Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...

Tags: Mazda, Toyota

Crown's Net Sales Increase in 2017 Fourth Quarter

Feb 9, 2018

Crown 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

Magna International Realigns Management Structure Along Product Lines

Dec 21, 2017

Canadian 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

Ferrero Acquires Candy Manufacturer Ferrara Candy

Dec 6, 2017

Global 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 ...

Tags: Ferrero, Candy

SodaStream Introduces Fine Sparkling Drink with Riesling Flavor in Germany

Nov 29, 2017

SodaStream 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

Hormel Foods Merges Specialty Foods Segment Into Grocery Products Segment

Nov 23, 2017

Hormel 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

Paine Schwartz Invests in Ingredient Firm Lyons Magnus

Nov 16, 2017

Paine 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

Robert Aiken Steps Down as President of TreeHouse Foods

Nov 6, 2017

TreeHouse 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

Crown's Net Sales Increases in Third Quarter of 2017

Oct 26, 2017

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 ...

Tags: Crown, Beverage

Clearwater Paper Reports Third Quarter 2017 Results

Oct 23, 2017

Clearwater Paper Corporation has reported financial results for the third quarter of 2017. The company reported net sales of $426.5 million for the third quarter of 2017, down 2.0% compared to net sales of $435.3 million for the third ...

Tags: Clearwater Paper, Packaging

Mazda Begins Cx-5 Crossover Production at Hofu Plant in Japan

Oct 19, 2017

Mazda Motor started production of the new CX-5 crossover at its Hofu Plant No. 2 in Yamaguchi Prefecture to meet the growing global demand for crossovers. Until now the CX-5 has been produced at the company’s Hiroshima Plant and at ...

Tags: Mazda Motor, CX-5 crossover

Neenah Grows Technical Products Platform with Agreement to Acquire Coldenhove

Oct 16, 2017

Neenah Paper has signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital ...

Tags: Neenah Paper, digital transfer media

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