With declining prices and increased efficacy of LEDs continuing to drive the adoption, global LED lamp shipments will increase from 961.1 million in 2017 to nearly 2 billion in 2026, according to the report ‘Market Data: LED Global ...
Tags: Lighting market, LED Lamp
Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
The global market for photonic integrated circuits (PICs) reached $426m in 2016, and is expected to rise at a compound annual growth rate (CAGR) of 27.5% from $539m in 2017 to $1.8bn in 2022, according to BCC Research’s report ...
Tags: Integrated Circuit, PICs
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
German automakers including Volkswagen, BMW and Daimler have agreed to upgrade more than 5 million newer diesel vehicles across Europe and to offer rebates for older models. The upgrades are expected to cut down pollution from diesel ...
Tags: automakers, Diesel Emissions
Renz has added the Argos F400 cold UV coating machine, and the Bindomatic Accel Cube and Accel Ultra thermal cover binding machines to its product portfolio. The Argos F400 cold UV coating machine with innovative cold UV curing ...
Tags: Renz, IPEX 2017, UV coating machine
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
PepsiCo and The Recycling Partnership have agreed to work on a cross-sector approach to increasing recycling rates across America. The partnership will address the continued shortfall in US recycling rates. At present, still less than ...
Tags: PepsiCo, recycled PET
The KHS Group, a manufacturer of filling and packaging systems for the beverage, food and non-food industries, will launch a compact labeler, Innoket Roland 40, at Drinktec 2017 trade show to be held in Munich, Germany, from September 11 to ...
Tags: Compact Labeler, Spirits Bottlers
Lecta will exhibit three of its innovations in specialty paper labels for the beverage and liquid food sector at the Drinktec trade fair to be held in Munich, Germany, from September 11 to 15, 2017. The product lines to be on display ...
Tags: Lecta, specialty paper
Russian meat and feed producer Cherkizovo Group has unveiled plans to build turkey fattening sites in Lipetsk region. "Cherkizovo Group is a long-established and strategically important partner of Lipetsk region. The Group is building ...
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
Sun Capital Partners' affiliate has closed the sale of Creekstone Farms Premium Beef to an unnamed supplier of premium USDA-certified beef and pork products. Terms of the private transaction were not disclosed. The choice of food lovers ...
Tags: Sun Capital, Beef
Continental has showcased its Cruising Chauffeur, a self-driving car platform which provides an insight into the company’s vision of the future of what it calls “highly automated driving” on highways. Highly automated ...
Tags: Continental, Automated Driving
Plastic closures manufacturer Bericap said it will showcase its tried-and-tested closure systems and new product features at the upcoming drinktec event, which is due to be held in September this year. At the event, which will be held in ...
Tags: Bericap, Carbonated Beverage