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WestRock Plans to Invest $410m at Kraft Linerboard Mill in US
Nov 22, 2017US-based paper and packaging solutions provider WestRock plans to invest $410m at its kraft linerboard mill in Florence, South Carolina, US. The two-year investment plan will see installation of a 330” kraft linerboard machine and ...
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Coveris Invests in Hosokawa Alpine Coextrusion Lines
Sep 5, 2017Packaging solutions provider Coveris has invested in two Hosokawa Alpine coextrusion lines to expand its business in food and consumer sectors across the UK. Coveris signed an agreement with KPMG, the administrators of Gelpack Excelsior, ...
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VPK Packaging Invests in Raamsdonksveer Facility in Netherlands
Apr 7, 2017VPK Packaging is investing €20m to improve both the quality and capacity of the firm's corrugated packagin solutions, in response to growing customer demand. A brand new corrugator and an additional boxmaker were already brought into ...
Tags: VPK Packaging, Packaging
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BASF to Build New Plastic Additives Plant in China
Mar 28, 2017German chemical company BASF is building a new plastic additives plant at its Caojing site in Shanghai, China. The development is a part of the company's €200m global investment plan to boost its plastic additives business. With an ...
Tags: Plastic Additives, BASF
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ROK Stars Continues to Invest in ABK Brewery
Jan 16, 2017ROK Stars, the consumer goods and environmental technologies development firm established by John Paul DeJoria and Jonathan Kendrick, has announced an on-going investment plan in its ABK Brewery to meet the increasing demand for its beer ...
Tags: ROK, ABK Brewery
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Fiat Chrysler Automobiles Secures Eur250m Loan From Eib for R&D Projects
Dec 16, 2016Fiat Chrysler Automobiles (FCA) has secured a €250m loan from the European Investment Bank (EIB) for its research and development (R&D) projects. The three-year loan will support the automobile manufacturing group’s activities ...
Tags: Chrysler, R&D Projects
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Toyota Expands Its R&D Facilities in China
Nov 24, 2016Toyota Motor Corporation announces the expansion of R&D facilities at Toyota Motor Engineering & Manufacturing (China) Co., Ltd., (TMEC). This is in accordance with the initial investment plan, which had been created at the time of the ...
Tags: Toyota, Facilities
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Thrace Plastics Reports Financial Results of First Half 2016
Sep 27, 2016Thrace Plastics Group posted an increase in turnover and earnings during the first half of the current financial year compared to the same period of 2015. The purpose of the current release is to present the Group’s financial ...
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Hammer Packaging Extends Strategic Investment Plan with Speedmaster Xl 106 From Heidelberg
Sep 6, 2016Hammer Packaging has recently installed a Speedmaster XL 106-8+L from Heidelberg to increase capacity and improve productivity. The new peak performance press replaced an older competitive press, and will run alongside two existing ...
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Recipharm Plans to Increases Blow Fill Seal Capacity at Kaysersberg Site in France
Jul 12, 2016Swedish contract development and manufacturing organization (CDMO) Recipharm plans to invest €18m to boost its blow fill seal (BFS) capacity at its site in Kaysersberg, France. As part of the investment plan, a new blow fill seal ...
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Local Government Wants to Get Involved with Freight
Jun 23, 2016Local government delegates attending the 22nd National General Assembly of Local Government in Canberra have called for politicians to support a freight productivity plan by the Australian Local Government Association (ALGA), which they say ...
Tags: ALGA, productivity
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Coca-Cola Bottlers Plan to Invest $75.6m to Expand Operations in India
Mar 13, 2016Coca-Cola bottling firms Kandhari Beverages and Enrich Agro Food Products are planning to invest Rs5.1bn ($75.6m) to build manufacturing lines in Haryana state. A memoranda of understanding in this regards has been signed by the two ...
Tags: Coca-Cola Bottlers, Food Products
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China Firm Terminates Investment Plan in WD
Feb 27, 2016Western Digital has disclosed its agreement with Unisplendour (Unis), and Unis Union Information System (Unis Union), a subsidiary of Unis that agreed to make a US$3.775 billion equity investment in Western Digital, has been terminated by ...
Tags: Western Digital, SanDisk, storage
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General Motors to Invest $148m at Spring Hill Plant in US to Produce V8 Engines
Feb 22, 2016General Motors has announced that it will produce Small Block 6.2L V8 engines for trucks and SUVs at the its Spring Hill manufacturing plant in the US. The company will invest $148m at the plant to modernize the flexible machining and ...
Tags: General Motors, V8 Engines
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PepsiCo to Promote Fruit Processing in Maharashtra, India
Feb 18, 2016Beverage company PepsiCo has entered into a Memorandum of Understanding (MoU) with Maharashtra state in India to support fruit processing and horticulture as part of its Rs330bn ($4.8bn) investment plan in the country by 2020. Under the ...
