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Csi's New 28mm Closure Features a Lightweight Design

Dec 4, 2012

Closure supplier in the US, Closure Systems International (CSI) has unveiled its new Xtra-Lok mini ‘S’ 28mm closure for the short-height carbonated soft drink bottle. The closure features a lightweight design that delivers ...

Tags: CSI, lightweight, closure

Aon Established a New Insurance Facility to Offer Replacement Coverage to US Companies

Dec 4, 2012

Aon Risk Solutions, the global risk management business of Aon Corporation, has established a new insurance facility to offer replacement coverage to US companies that suffered flood-related claims. Dubbed Flood Secure, the facility is ...

Tags: Aon Risk Solutions, risk management, insurance facility, insurance

Plastic Ingenuity Teams up with The National Association for Pet Container Resources

Dec 4, 2012

Plastic Ingenuity, a US-based custom thermoformer has teamed up with the National Association for PET Container Resources (NAPCOR) and Society of the Plastics Industry (SPI) to fund a grant program to collect and process PET thermoformed ...

Tags: Pet Recycling Program, PET thermoformed packaging, recycling facilities

Wooldridges Has Decided to Close All Six WA Stores and Make 85 Staff Redundant

Dec 4, 2012

Corporate Express's case against school books supplier Wooldridges for non-payment of invoices for $3.6 million worth of stationery products has hit a significant hurdle with the appointment of administrators to Wooldridges' parent company ...

Tags: Corporate Express, Wooldridges, collapsed school supplier

New York Life Has Promoted Its Senior Managing Principal

Dec 4, 2012

New York Life Capital Partners, a private equity affiliate of New York Life Investments has promoted its senior managing principal, Steven Benevento, to chief investment officer. Reporting to NYLCAP chief executive officer Thomas ...

Tags: New York Life Capital Partners, equity affiliate, life investment

Flexico Group's New Sensogrip Zipper Is Ideal for Food Products

Dec 4, 2012

Flexible re-sealable packaging company in the UK Flexico Group has unveiled the new SensoGrip zipper to the UK markets. It is ideal for food products such as cheese, soups, baby food, pasta and cooking sauces. The SensoGrip zipper has ...

Tags: Flexico Group, zipper, food products

Shiner International Reports an 8.2% Decline in Total Revenue

Dec 4, 2012

Global packaging solutions supplier Shiner International has reported an 8.2% decline in total revenue for the second quarter of 2012 to $16.4m compared to $17.9m in the same period of 2011. According to the company, the fall was mainly ...

Tags: total revenue, gross profit, revenues

New York Fed Has Completed The Sale of The Remaining Securities in The Maiden Lane III

Dec 4, 2012

The Federal Reserve Bank of New York (New York Fed) has completed the sale of the remaining securities in the Maiden Lane III (ML III) portfolio. The apex banking regulator said that it garnered a net gain for the benefit of the public of ...

Tags: New York Fed, remaining securities, Maiden Lane III, finance

Monosol's New Transparent Film Is Edible

Dec 4, 2012

Water soluble films manufacturer in the US MonoSol has launched its new transparent Vivos Edible Delivery Systems. Vivos edible film is used to make pre-portioned pouches which deliver food products designed for use in hot or cold water. ...

Tags: Transparent Edible Film, Vivos edible film, pre-portioned pouches

Fowler Products's New Capping Head Is Designed for New Fowler/Zalkin Capping Machines

Dec 4, 2012

Fowler Products, a division of the US-based Pro Mach has launched its new capping head designed for both new Fowler/Zalkin capping machines and as a retrofit for existing Fowler/Zalkin applications. The quick-release capping head has been ...

Tags: Fowler Products, new capping head, capping machines

Metlife Has Agreed to Pay $500m in a Multistate Settlement with Investigators

Dec 4, 2012

MetLife has agreed to pay $500m in a multistate settlement with Florida insurance investigators in connection with holding death benefits from life insurance policies issued decades ago. The regulators accused the US insurer over non ...

Tags: MetLife, multistate settlement, death benefits, insurance

Milliken to Introduce Benefits of Its Additives for Packaging Applications

Dec 4, 2012

US-based Milliken & Company is all set to introduce benefits of its additives for packaging applications with a focus on the sustainability advantages of Millad NX 8000 clarifying agents for polypropylene (PP). Millad NX 8000 from ...

Tags: Additives Portfolio, Packaging Applications, sustainability advantages

HCl Is in Talks with DLF Pramerica Life Insurance to Acquire 51% Stake

Dec 4, 2012

HCL is in talks with DLF Pramerica Life Insurance to acquire 51% stake, a move that will allow the latter to foray into the Indian insurance market. DLF Pramerica Life Insurance is joint venture between DLF and Prudential International ...

Tags: HCL, DLF Pramerica Life Insurance, acquisition, Indian insurance market

Pension Corporation Has Raised Nearly 300m Pounds

Dec 4, 2012

UK based Pension Corporation, the specialist insurer which manages pension schemes’ risks, has raised nearly 300m pounds by disposing some of its pension schemes to reinsurer Munich Re. The Munich Re arrangement has been initiated ...

Tags: pension, insurance, pension scheme, Munich Re

Sales Ofbmw Us Adds up 18.5% in October 2012

Dec 4, 2012

BMW Group in the US reported combined October 2012 sales of its BMW and Mini brands of 32,339 vehicles, up 18.5%, compared to 27,288 vehicles for the same period in 2011. The company's sales increased 8.4% to 267,267 units for the first ...

Tags: BMW, sales up, US