US-based Invista has acquired PET resin and feedstock technology from La Seda de Barcelona (LSB), for an undisclosed amount. The transaction gives Invista intellectual property related to PET, purified terephthalic acid feedstock and ...
Tags: Invista, PET resin, feedstock technology
US-based nutraceutical drugs supplier ScripsAmerica has signed a Letter of Intent (LOI) to acquire global pharmaceutical packaging company Marlex Pharmaceuticals. Marlex Pharmaceuticals' new Castle, Delaware facility consists of 12,000ft2 ...
Tags: ScripsAmerica, LOI, pharma packaging company
Supplier of packaging solutions for food, tobacco, and consumer products Shiner International announced that it received a notification letter from The NASDAQ Stock Market informing the Company of its decision to delist the Company from the ...
Tags: Shiner International, NASDAQ, packaging solutions, notification letter
Nestle has sold its Australian ice cream business Peters to private-equity firm Pacific Equity Partners for an undisclosed sum. The sale, which includes Nestle's Mulgrave factory, will also comprise sub-brands such as Original, Light & ...
Tags: Nestle, ice cream, Pacific Equity Partners, PEP, undisclosed sum
Global polyvinyl chloride (PVC) demand is estimated to show a compound annual growth rate (CAGR) of 4.9% until 2020, pushing the market up to 49.5m tons. The demand for PVC, which was 22.2m tons in 2000, rose to 32.3m tons in 2011, ...
Tags: PVC, annual growth rate, 2020
Shanxi Province based Chinese steelmaker Taiyuan Iron and Steel said that in the first 10 months of this year it produced 2.4 million tonne of stainless steel. Mr Chai Zhiyong vice general manager of TISCO at the TISCO 2013 Steel Customer ...
Tags: stainless steel, TISCO, steelmaker
Rieke Packaging, based in Indiana, has secured the renewal of Environmental Stewardship Program (ESP) from the State of Indiana Department of Environmental Management (IDEM). An ESP member, who is entrusted with various sustainability ...
Tags: Rieke Packaging, ESP, IDEM
Ginsters is re-launching its chilled pies range with updated recipes and a new look across three core SKUs, this fall. The new look packaging features a gastro pub-style design with a 'chalk board effect' font, different product imagery ...
Tags: Ginsters, chilled pies range, updated recipes, packaging features
Austal's Chief Executive Officer, Andrew Bellamy, said Mr Backhouse would bring considerable value to the operation, which is now focussed on the design and manufacture of naval and paramilitary vessels for the Australian and international ...
Arbor Investments has acquired California-based deli meat maker Columbus Manufacturing from its private equity owner Endeavour Capital. The company will continue to operate out of its existing facilities and the management team in place ...
Tags: Arbor, deli meat maker, Columbus, oversee operations
Coca-Cola Enterprises (CCE), a marketer, producer, and distributor of Coca-Cola products will announce two new sustainability proposals that obligate the company to setting the standard for sustainable packaging, achieving zero waste. In ...
PepsiCo has booked a drop in first-quarter profits as restructuring costs weighed on earnings. Net profit in the three months to the end of March slid 1% to $1.13bn in the period, PepsiCo reported today (26 April). Reported EPS in the ...
Tags: PepsiCo, drop, first-quarter profits, restructuring costs, earnings
AIXTRON SE announced a new MOCVD system order from existing customer Jilin University China.The contract is for one CCS reactor in a 3x2-inch wafer configuration,which will be dedicated to the growth of gallium nitride materials for UV and ...
Tags: AIXTRON, SE, Jilin, University, CCSreactor
Beverages company Coca-Cola is adopting the British Retail Consortium’s (BRC’s) On-Pack Recycling Label (OPRL), in a bid to lessen the proportion of plastic drinks bottles going to landfill. Through the OPRL system, Coke will ...
Canadian packaging company Cascades is set to launch a food waste bag, which consists of a double layer to prevent leakage. The paper bag, manufactured in Canada is made of 100% recycled fibers. According to Cascades, the bag serves as an ...
Tags: packaging, Cascades, food waste bag