The global market for aseptic packaging is projected to grow from USD 39.62 billion in 2017 to reach USD 66.45 billion by 2022, at an estimated CAGR of 10.89%. The global market for aseptic packaging is projected to grow from USD 39.62 ...
Tags: Aseptic Packaging, packaging
A new report from Smithers Pira expects the worldwide rigid plastic packaging consumption to grow during 2017–2022 at an annual rate of 3.7% to 63.4 million tonnes. Economic and demographic trends are key determinants of packaging ...
Tags: plastic packaging, packaging
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
PureCircle has developed the first commercially viable stevia antioxidant product providing food and beverage companies new access to health and wellness ingredients for their consumers. While researchers have known that antioxidants are ...
Nestlé USA has entered into a partnership with Rabobank and RocketSpace to support startups for the Terra Food + Ag Tech Accelerator program. Nestlé will collaborate with Terra and other corporate collaborators to select and ...
Tags: Food Industry, Nestle
Ardagh Group has been awarded Innovative Glass Product 2017 for preserve jar by the Glass Packaging Action Forum in Hamburg, Germany. The ‘Innovative Glass Product’ award is organised by Aktionsforum Glasverpackung (part of BV ...
Tags: Ardagh Group, Preserve Jar
Nestlé is considering a sale of its US confectionery business, which includes brands such as Butterfinger, Baby Ruth and Crunch chocolate bars. The food and beverage giant is exploring strategic options, which would pertain to only ...
Epson America has achieved record sales of the SurePress L-4033AW and L-6034VW digital label presses for the fiscal year ending 30 April. Epson America and its global affiliates continued its record-breaking momentum with over 250 ...
Tags: Epson America, SurePress
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Balchem, a US-based firm which provides solutions and products for a range of industries globally, has acquired nutrition ingredients maker Innovative Food Processors (IFP) for an undisclosed sum. Headquartered in Faribault, Minnesota, ...
Tags: Balchem, Food Processors
US-based corrugated packaging firm WestRock has completed the acquisition of Multi Packaging Solutions International (MPS) for a total enterprise value of $2.28bn. Under the deal, WestRock purchased all of the outstanding shares of MPS ...
Tags: corrugated packaging, WestRock
Asia Pulp & Paper (APP) has introduced two new products for the Mexican marketplace. The products include Paperline photocopy grade for the 70 GSM market and a new food packaging portfolio, Foopak. APP said Paperline will be available ...
Amcor is showcasing its new packaging solutions at the International Deli Dairy and Bakery Association’s (IDDBA 17) annual trade show in Anaheim, California, US. The event is being held between 4 and 6 June at the Anaheim Convention ...
Mondi is set to showcase a range of advanced packaging solutions at the RosUpack 2017 event in Russia. The event will take place from 20 to 23 June in Moscow. At the event, the firm will exhibit various packaging solutions, including ...
Tags: Mondi, Packaging Solutions
Nestle is planing to revamp its Maggi brand in the next three years to offer tastier and healthier choices for consumers. The move is part of the new Maggi Simply Good initiative, which includes lowering salt content in the Maggi range, ...
Tags: Nestle, vegetables