Innoconcepts, the bourse-listed company which specialises in developing new products, said on Wednesday it is teaming up with a US multinational.

The deal, with an un-named company specialising in food packaging, will generate a substantial increase in next year’s Q4 operating profit, Innoconcepts said.
In particular, Innoconcepts has high hopes for its new disposable plastic bottle and has already signed a deal with Carlsburg and US packaging developer PTI, news agency ANP reports.