The global UV LED market will increase from $288m in 2017 to $526m in 2020 while it rises at a compound annual growth rate (CAGR) of 34% during 2015-2020, projects LEDinside (a division of TrendForce). UV LEDs are used particularly in ...
Tags: UV LED, LED package
Greiner Packaging is set to showcase its range of technology and products at this year’s RosUpack packaging fair in Russia. The event will take place from 20 to 23 June in Moscow. At the event, the firm will showcase product ...
Tags: Greiner Packaging, yogurt cups
Plastic packaging solutions provider Alpla has acquired Gehl Foods’ bottle manufacturing facility located in the US state of Wisconsin. Situated 30 miles north of Milwaukee, the West Bend standalone facility features around ...
Tags: Alpla, Plastic packaging
Scottish spirits company Edrington has taken full ownership of its Americas Travel Retail operations after agreeing to buy out its joint venture (JV) partner for an undisclosed amount. The former JV, Edrington Webb Travel Retail Americas ...
Tags: whisky
German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...
Tags: Daimler, Electric Vehicles
Ardent Mills is recalling several brands of flour and flour products in Canada because of possible E. coli O121 contamination. The Canadian Food Inspection Agency has asked the flour-milling company to recall the products partly made by ...
Tags: Ardent Mills
Apple is almost always embroiled in an acquisition rumour, and the latest predictions put Netflix – amongst others – in the Silicon Valley store window. This week, we learned that Apple now has cash reserves totalling an ...
Total Corbion PLA said it will showcase new biobased packaging solutions at Interpack 2017 event in Germany. The company will exhibit several partner applications in packaging and serviceware based on Luminy Poly Lactic Acid (PLA) resins. ...
Tags: Interpack 2017, Biobased Packaging
Hain Frozen Foods UK, a subsidiary of The Hain Celestial Group, has acquired England-based soup manufacturer The Yorkshire Provender for an undisclosed price. The acquisition is expected to help the US-based Hain Celestial to expand its ...
Tags: Frozen Foods, soup
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA and Xiamen-based San’an Optoelectronics Co Ltd (China's largest producer of full-color ultra-high-brightness LED epiwafers and chips) are forming a joint venture ...
Thai Containers Group (TCG), a joint venture between Rengo and SCG Packaging Public Company, has acquired an 80% interest in PT Indocorr Packaging Cikarang. PT Indocorr, which operates in eastern Jakarta, produces corrugated packaging ...
Tags: Rengo, Corrugated Packaging
Suzuki Motor, Toshiba and Denso have signed an agreement to set up a joint venture company to produce automotive lithium-ion battery packs in India. In India, higher attention is being paid to environment, and new CO2 standards for ...
Tags: Lithium-Ion Battery, Suzuki Motor
Ford Motor has announced to launch Mondeo Energi vehicle in China next year, as part of its new electrification strategy for the country. Mondeo Energi will be Ford’s first plug-in hybrid to be manufactured by Changan Ford joint ...
Tags: Ford Motor, Plug-in Hybrid
Showa Denko (SDK), Showa Aluminum Can (SAC) and Carabao Group have agreed to set up a joint venture (JV) to manufacture and sell aluminum cans in Thailand. The joint corporation is part of CBG’s plan to meet its increasing demands ...
Tags: Showa Denko, Aluminum Cans
Pernod Ricard has completed the sale of Domecq brandies and wines to Bodega Las Copas, a joint venture between Emperador Group and González Byass, for €81m. The sale includes Pernod Ricard’s portfolio of brandies ...
Tags: Pernod Ricard, Wines