Molson Coors Brewing Company released its 2017 Our Beer Print Report, announcing a bold, new sustainability strategy and goals to guide the company through 2025. This is the first sustainability report released since Molson Coors closed ...
Tags: Molson Coors, Beer Print
Norway-based breeding firm AquaGen has agreed to acquire 51% stake in Denmark-based rainbow trout eggs supplier AquaSearch ova for an undisclosed sum. In 2016, the production of portion-size trout stood at 650,000 tonnes and its annual ...
Tags: AquaGen, Aquasearch Ova
For second-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $115.1m, up 22% on $94.4m last quarter and up 53% on $75.3m a year ago. However, this includes ...
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 ...
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Nestlé Waters North America has launched a global advertising campaign focused on its NestléPure Life bottled water brand. Since its launch in Pakistan in 1998, Nestlé Pure Life has become the global category leader, ...
Tags: Nestle, Pure Life Focuses, PET plastic
Packaging firm Sonoco has reduced total water usage by about 5% in 2016, total energy usage by 0.52% and recovered the equivalent (by weight) of 57% of the product that Sonoco places into the marketplace through recycling, according to the ...
Tags: Sonoco, Energy Usage
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
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Moretto, which provides automation technology for the plastic processing industry, is expanding its activities globally with the opening of three new branches in China, India and Russia. Three markets where Moretto’s technology has ...
Tags: Moretto, plastic processing
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
PureCycle Technologies has opened a new plant at in the US state of Ohio, which will use technology patented by P&G to produce recycled plastics. The facility will allow consumers to purchase more products made from recycled plastic. It ...
Tags: Plastics Recycling, PureCycle
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
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The Dow Chemical Company has partnered with national nonprofit, Keep America Beautiful, to award two $50,000 grants for organizations to establish Hefty EnergyBag programs in their communities. The program is an innovative approach to ...
Tags: Dow, Plastics Recycling
A new fruit packaging solution which features Sirane's shelf-life extending technology has demonstrated significant shelf-life extension with punnets of cut fruit. The new packaging range has been developed in collaboration with Ilip, an ...
Tags: Packaging Solution, Packaging
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
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Flint Group has announced the global launch of its latest version UV LED process inks, XCURA EVO. ““EVO” is short for evolutionary,” explains Trevor Amps, Global Product Management Director for Energy Curing inks. ...
Tags: Flint Group, Packaging