Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
Eltete Group, a provider of transport packaging solutions, has acquired the remaining 55% stake in Poland-based Packprofil. Eltete, which owned 45% stake in Packprofil before 2001, now became the sole owner of the company by purchasing ...
Tags: Eltete Group, edgeboards
Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods ...
Tags: Tyson Foods
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
Sustainable cardboard packaging supplier VPK Packaging Group has unveiled plans to invest in a new paper machine for light weight recycled containerboard. The investment plan is part of the company's move to increase the integration rate ...
Tags: cardboard packaging, paper machine
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
Packaging firm Cascades has acquired four containerboard packaging plants in Ontario, Canada from Coyle family. The firm has also acquired 33% ownership stake in Tencorr, a manufacturer of sheet stock for box producers, as well as ...
Tags: Packaging, containerboard
Advanced materials group firm Haydale is seeking patent in the UK for its PATit anti-counterfeiting technology designed for packaging market. The company filed a new patent application for the technology, which uses in-house software ...
South Korean LED maker Seoul Semiconductor says that SunLike (which is claimed to emit light that comes closest to sunlight) has received an RG-1 Eye Safety certification based on the safety of its light source, and has been recognized for ...
Tags: LEDs, natural-light LED
Looking at the great growth potential of Taiwan's bio-technology industry, Henri Lenferink, the mayor of Leiden, a city and municipality in the Dutch province of South Holland, led a delegation to Taiwan earlier, discussing cooperation ...
Tags: Biotech Industry
WaveGrip, a manufacturer of multi-packing solutions for beverage industry, has introduced new automatic version of its entry level G1 applicator designed for lower volume beverage producers. The G1 applicator is equipped to produce ...
Tags: multi-packing, beverage industry
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Constantia Flexibles has launced a new offering to facilitate digital communication and marketing opportunities in the food and pharmaceutical industries. Constantia Interactive is a new solution, which will provide customers with a ...