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Financial results
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Sonoco Invests in Direct-to-Sheet Digital Printing Press
May 16, 2018Global packaging firm Sonoco has purchased a 6-color direct-to-sheet digital printing press to produce point-of-purchase displays and other promotional packaging. The press allows brand owners to respond rapidly to a dynamic retail and ...
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Sonoco Acquires Us Firm Highland Packaging Solutions for $150m
Apr 16, 2018Global packaging firm Sonoco has completed the acquisition of US firm Highland Packaging Solutions for about $150m. Highland Packaging, which is based in Plant City of Florida, provides thermoformed packaging for fresh fruits, vegetables ...
Tags: Sonoco, Packaging, vegetables
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ADM Announces Realignment of Business Segments Across Four Units
Mar 21, 2018Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
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CCL Industries Sales Increase in 2017 Fourth Quarter
Feb 24, 2018CCL Industries, a provider of specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, has reported record fourth quarter and annual financial results for 2017. ...
Tags: CCL Industries, packaging
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Crown's Net Sales Increase in 2017 Fourth Quarter
Feb 9, 2018Crown 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
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Hain Celestial Explores Sale of Pure Protein Business
Feb 9, 2018The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
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Kush Bottles’ Revenue Increases in First Fiscal Quarter 2018
Jan 18, 2018Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has reported financial results for its first fiscal quarter of 2018, for the period ended 30 November 30 ...
Tags: Kush Bottles, cannabis industry
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Graphic Packaging, International Paper Create $6bn Paper-Based Packaging Firm
Jan 16, 2018International 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
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Crown's Net Sales Increases in Third Quarter of 2017
Oct 26, 2017Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
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Graphic Packaging, International Paper to Form $6bn Paper-Based Packaging Firm
Oct 26, 2017Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
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Clearwater Paper Reports Third Quarter 2017 Results
Oct 23, 2017Clearwater Paper Corporation has reported financial results for the third quarter of 2017. The company reported net sales of $426.5 million for the third quarter of 2017, down 2.0% compared to net sales of $435.3 million for the third ...
Tags: Clearwater Paper, Packaging
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NeoPhotonics Agrees New Five-Year $50m Credit Facility with Wells Fargo Bank
Sep 13, 2017NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks in telecom and data-center applications) ...
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Grief Net Sales Increases in Q3
Sep 1, 2017US-based industrial packaging company Grief has reported net sales of $961.8m for the third quarter ended 31 July 2017, compared to $845m in the same quarter a year ago. The firm reported a gross profit of $187.1m, compared to $176.5m in ...
Tags: Grief, industrial packaging
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Mattel Enjoys Sales Spike in Q217 Financial Results
Jul 31, 2017Mattel has enjoyed a spike in net sales in its second quarter 2017 financial results. The firm reported that net sales were up by two per cent as reported and up by three per cent in constant currency, versus the prior year's second ...
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Sonoco Completes $170m Acquisition of Clear Lam Packaging
Jul 26, 2017US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
