Airopack Technology has issued 1,228,955 registered shares priced at CHF10.65 ($11.08) each in a private placement to raise gross proceeds of CHF12.7m ($13.2m).
Based in Switzerland, Airopack is engaged develops and supplies mechanical and pressure-controlled dispensing packaging technologies and systems.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Finland-based Valmet has received an order from China-based Nine Dragons Industries for the supply of two containerboard production lines with related automation systems.
The contract builds upon a previous order for two production lines awarded in March 2016.
To be located in Hebei (PM 41) and Shenyang (PM 42), the new production lines will produce high-quality testliner grades from 100% recycled raw materials, starting from late 2018 and early 2019, respectively.
The new production line will comprise steam and condensate systems, pulpers, a board machine, and process ventilation equipment.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
