Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
III-V optoelectronic foundry Compound Semiconductor Technologies Global Ltd (CST Global, a subsidiary of Sweden-based Sivers IMA Holding AB) of Hamilton International Technology Park, Blantyre, near Glasgow, Scotland, UK says that its ...
Tags: PON markets, chemical vapor
Sealed Air is implementing a price increase on all products in its North American Product Care division. The increases will be effective September 1, 2017. The price adjustments are the result of escalation in resin costs of over 7% since ...
Tags: Sealed Air, Care Products
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Irish glass and metal packaging group Ardagh stated that its revenue has increased 58% to €2.02bn for the second quarter of this year, when compared to €1.3bn for the same period in 2016. Adjusted earnings before interest, ...
Tags: metal packaging
Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
Brandtjen & Kluge has introduced its new ApexFoil foil-stamping and die-cutting platen press. The new press became available for purchase at the International Association of Diecutting and Diemaking (IADD) Odyssey expo in Chicago, US, in ...
Tags: Kluge, Foil Stamping
Sonoco-Alcore said it will again raise prices for paper-based tubes and cores, effective from shipments starting on 24 July 2017. Karsten Kemmerling, Director of Sales and Marketing - Tubes and Cores, Europe, said: "Prices of coreboard ...
Tags: Sonoco-Alcore, Tubes
Japanese technology firm Konica Minolta and Screen Graphic Solutions (Screen GA) have strengthened their collaboration in the commercial digital printing area. The companies plan to promote hybrid workflows and increase user-friendliness ...
Sonoco-Alcore said that it will again increase prices by a further €50 per tonne (£40 / tonne) on all recycled paperboard grades sold in its European regions. The price change is effective with shipments on or after 17th July ...
Tags: Paperboard, Sonoco-Alcore
Solegear Bioplastic Technologies has announced its audited financial results for the 12 months ended February 28, 2017. Solegear reports revenues of $2,066,061 for the fiscal year ended February 28, 2017 compared to revenues of $146,036 ...
Tags: Solegear, organizational products