Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
The UK Government is planning to introduce a deposit return scheme for single-use drink containers including plastic, glass or metal, to increase recycling rates and reduce plastic pollution. The scheme, which is subject to consultation, ...
Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
Futamura, a producer of plastic and cellulose (NatureFlex & Cellophane) films, and sustainable packaging manufacturer Bio4Pack have teamed up to create a new compostable packing solution for Dutch organic cereal producer De Halm. The new ...
Tags: Futamura, Organic Cereal
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
UK-based drinks manufacturer and distributor Global Brands has reported a 16% increase in its annual sales for the year ending 30 September 2017. The company's turnover was £42m for the financial year. Gross profit went up to ...
Tags: drinks, alcoholic drink
French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...
Tags: Groupe PSA, Opel vehicles
Wang Jun-xian, the new chairman of Fu Chun Shin Machinery Manufacture Co., Ltd. (FCS), the largest plastic injection molding machine maker by output in Taiwan, has shown an ambition to further boost the company's business deployments ...
Tags: Lights, Injection Molding Machine
The UK consistently overestimates the amount of plastic packaging that gets recycled, a report by waste consultancy Eunomia has claimed. A new Eunomia report reveals how the UK consistently overestimates how much of the plastic packaging ...
Tags: plastic packaging, Packaging
Mainly on the popularization of mobile Internet around the world as well as slumping prices of internet components, application of data analysis is rising to become the key element in the development of the smart manufacturing industry, ...
Tags: Smart Manufacturing
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
Velox, one of Europe’s solution providers of raw material specialties for the plastics, composites, additives and paint & coatings industries, has launched a new, enhanced range of Polyethylene Terephthalate Glycol (PETG) for ...
Tags: Velox, Injection Moulding
Sweden-based Duni has purchased a 75% stake in Kindtoo, trading as Biopac UK, from entrepreneurs Mark Brigden and Eric Graham for an undisclosed sum. Established in 2002, Biopac UK provides sustainable disposable packaging solutions for ...
Tags: Duni, isposable packaging
Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food