Loews Corp., a hotel, energy, and financial services conglomerate, is buying plastic packaging manufacturer Consolidated Container Co. (CCC) from Bain Capital Private Equity for approximately US$1.2 billion.
The deal is expected to be funded with about 50 per cent cash on hand and 50 percent debt, Loews said in a statement.
BYK to Invest $50 Million to Expand Gonzales, TX Facility
BYK Additives & Instruments, one of the world’s leading suppliers in the field of additives and measuring instruments and a member of the ALTANA
Ampacet Invests in New Masterbatch Production Lines in Europe
Ampacet, the leading Masterbatch producer of colors, special effects and functional additives, is proud to announce its investment in new
Ford and Zotye Sign Definitive JV Agreement in China
Ford and Zotye signed a definitive joint venture agreement to establish Zotye Ford Automobile Co. Ltd., a new 50:50 joint venture that will
Lorax Compliance Speaks for the Companies Wrestling With Environmental Regulations
Who’s responsible for ensuring that beverage bottles get recycled? In today’s world, it’s the bottle manufacturers, brand owners and importers
New Value-Priced Injection Molding Machines Introduced
Cincinnati Process Technologies (CPT), a leading supplier of machinery, parts, services and technology for the plastics molding industry, has
DSM Dyneema Demonstrates Potential to Turn Used Soft Armor Vests Into Usable new Products
Continuing its ‘Greenest Strength’ mission, DSM Dyneema provides an example of a creative way to re-use material from out-ofservice soft armor
Challenges and Opportunities in Release-Liner Market for Pressure-Sensitive Labels Addressed in Annual Update
The annual industry update on release liner for pressure-sensitive (PS) labels was presented by AWA Alexander Watson Associates (Amsterdam)