MeadWestvaco has declared that it has acquired Polytop, a company specializing in dispensing closures, on December 30, 2011, for an undisclosed price. Through this acquisition, the company broadens its capabilities in packaging end-use markets.
Atlas Holdings declared it has completed a contract with International Paper to integrate its consumer-packaging solutions businesses. Hence Shorewood Packaging and AGI World have joined to form AGI-Shorewood, a large and innovative global specialty packaging businesses with operations in Europe, North America, Asia and Latin America.
Roofing Supply Group, a wholesale distributor of roofing products and associated materials, has declared that it has purchased Intermountain Supply on December 30, 2011.
Geolam, a supplier of Geolam line of high-quality wood-plastic composite (WPC) products in the North American Region, has expanded its supply network into the US.
Powertech Technology (PTI), a Taiwan-based firm specializing in packaging and testing ICs, has purchased a 300 mm Stratus electrochemical deposition (ECD) system from NEXX Systems, a chief supplier of advanced packaging equipment.
The Sterling Group, simply called as Sterling, is a private equity investment firm located at Houston. It declared that Sterling Group Partners III, L.P., its affiliated investment fund, has acquired the Liqui-Box Corporation ‘Liqui-Box’ from DuPont.
Ballard Power Systems has expressed a letter of intent (LOI) to supply 25 hydrogen fuel cell modules called FCvelocity-HD6 to be used as a power source for 25 buses in the City of Sao Paulo, the largest city in Brazil.
Mechel has purchased 100% shares of Donetsk Electrometallurgical Plant (DEMZ AO) during December, 2011. The plant acquisition was accepted by the Board of Directors of Mechal at the annual shareholders' meeting of the company.
A Bloomberg News Service story dated 13 December 2011 has described the vast power costs required for cooling data centers across the world. According to Lightwave Logic, recent developments in its organic nonlinear optical material technology are capable of drastically decreasing the power usage of computing, datacom and telecom operations.
ThyssenKrupp VDM and the Julich Research Center have created an enhanced high-performance material called Crofer 22 H for solid oxide fuel cells. The novel material is ready for commercial production through a multi-year project that includes other industrial partners.
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