Daily Archives: Saturday, September 14, 2019

Vanguard Packaging secures investment from Dunes Point Capital

Dunes Point Capital has made an undisclosed investment in Vanguard Packaging, Advanced Logistics & Fulfillment, and Great Plains Packaging (together called Vanguard). Vanguard, which is based in Kansas City, Missouri, is engaged in designing and manufacturing of high graphic corrugated displays, industrial packaging products, and retail-ready packaging. The company with nearly 200 employs also offers […]

Cascades acquires Orchids Paper Products assets for US$207m

Cascades acquisition of Orchids Paper Products assets : Cascades, a Canadian packaging and tissue producer, has acquired all of the assets of US-based Orchids Paper Products for a cash consideration of US$207 million, financed by the company’s credit facilities, as per the latest packaging industry news. Orchids Paper Products specializes in manufacturing a range of […]

Formosa 1 offshore wind farm : Jan De Nul wraps up installation of foundations for phase 2

Jan De Nul Group has wrapped up the installation of all the 20 foundations for the second phase of the 120MW Formosa 1 offshore wind farm off the coast of Taiwan. The Formosa 1 offshore wind project is owned by Formosa I Wind Power, a partnership between Orsted (35%), Macquarie Capital (25%), JERA (32.5%), and […]

Dhofar Wind Farm in Oman produces its first power

The 50MW Dhofar Wind Farm in Oman, which is being developed by Abu Dhabi Future Energy Company (Masdar) as the first utility-scale wind farm in the Gulf Cooperation Council, has produced its first power. The milestone has been achieved following the commissioning of the first turbine. The remaining 12 turbines are scheduled to be brought […]

Hackensack University Medical Center breaks ground on $714m health care expansion project

Hackensack Meridian Health Hackensack University Medical Center has broken ground on its $714 million patient pavilion on Second Street in Hackensack, New Jersey, US. The 530,000-square-foot building will have 24 new operating rooms, a 50-bed intensive care unit, 150 medical-surgical beds, and 50-beds orthopedic facility. Robert C Garrett – president and CEO, Hackensack University Medical Center said: “With […]

Blue California set to launch natural sugar allulose sweetener ingredient

Blue California, a US ingredient manufacturer and supplier, is set to launch its natural sugar allulose sweetener ingredient at large-scale commercialization by the year-end, as per the food ingredient news. Created from natural substrates using a proprietary bioconversion technology, Blue California’s allulose ingredient is a monosaccharide sugar and non-GMO sweetener. Allulose with one-tenth the calories […]

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