Company News
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Company News
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William V. Hickey ,CEO of Sealed Air,Will Retire in March 2013
Dec 3, 2012Packaging materials, systems and equipment maker Sealed Air said that its chief executive officer William V. Hickey will retire in March 2013. Hickey will continue to serve as CEO of the company but will relinquish the title of president. ...
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New Shrink Sleeve Film Has Been Launched by Sealed Air
Dec 3, 2012US-based Sealed Air has introduced a new multilayer shrink sleeve film. The new film enables converters to make up to 20% more shrink sleeves labels per pound of film compared to 50-micron monolayer films, normally used to make shrink ...
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HSBC Will Distribute Allianz Life Insurance Products in China
Dec 3, 2012Germany based underwriter Allianz has inked a 10-year bancassurance distribution agreement with London based HSBC, pursuant to which the latter , Indonesia, Malaysia, Australia, Sri Lanka and Taiwan. The products will be delivered by the ...
Tags: Allianz, HSBC, life insurance, insurance
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Siemens Has Entered Into an Agreement to Acquire Invensys Rail
Dec 3, 2012Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities
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New Reciprocating Motion Technology for Microwaveable Food Containers Is Introduced
Dec 3, 2012Allpax, a division of Pro Mach has introduced a new reciprocating motion technology for microwaveable food containers to address the needs of the consumers, brand owners and contract packagers. Allpax vice president and general manager ...
Tags: Allpax, reciprocating motion technology, microwaveable food containers
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Intelsius Has Partnered with a Distributor of Life Science Research Products, BioCore
Dec 3, 2012UK-based Intelsius, a subsidiary of DGP Life Science, has partnered with a distributor of life science research products, BioCore in South Korea. The collaboration aims to expand the footprint of Intelsius and its core strategy of ...
Tags: company collaboration, packaging solution, pharma market
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Tetra Pak Introduced The New Tetra Brik Aseptic 1000 MID Lightcap 24 Carton Packaging
Dec 3, 2012Swiss food packaging and processing company Tetra Pak has introduced the new Tetra Brik Aseptic 1000 Mid LightCap 24 carton packaging that features the company’s lowest cost screw cap which offers consumers increased functionality. ...
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Arrowhead General Insurance Has Promoted Joseph Shomphe as New Chief Technology Officer
Dec 3, 2012San Diego-based property and casualty insurance program manager, Arrowhead General Insurance has promoted Joseph Shomphe as its new chief technology officer and Adam Nordost as the chief information officer, effective from 01 July 2012. ...
Tags: casualty insurance, property insurance, Arrowhead General Insurance
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Grayling Industries Introduced a Complete 55 Gallon Guardian Drum Liner Product Offering
Dec 3, 2012US-based company engaged in flexible industrial packaging Grayling Industries is all set to introduce a complete 55 gallon Guardian drum liner product offering. The liner offering includes flexible round bottom drum liners; rigid, heavy ...
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General Processing Systems Is Purchased by National Bulk Equipment
Dec 3, 2012Michigan-based National Bulk Equipment, dry-material handling systems firm has purchased makers of the ProductSaver packaged material reclamation systems, General Processing Systems. General Processing Systems' former president Jeff ...
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Chartis Incorporated PLL Power Pack Protect to Its Nextgen Protection Suite of Industry
Dec 3, 2012US based underwriter Chartis, a division of AIG insurers has incorporated PLL Power Pack Protect to its NextGen Protection suite of industry specific insurance products. The newly added insurance policy has been developed to address ...
Tags: Chartism, AIG, PLL Power Pack Protect, specific insurance products
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CBIZ Has Completed Acquisition of a Texas-Based Insurance Broker Stoltz and Company
Dec 3, 2012US-based financial services company, CBIZ has completed acquisition of a Texas-based insurance broker Stoltz and Company, effective from 01 July 2012. The transaction is expected to amount to $3.2m in annualized revenue, along with 13 ...
Tags: CBIZ, acquisition, Stoltz and Company, transaction, insurance
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GIDUE Unveiled New Innovations for Its European Distributors
Dec 3, 2012Italy-based GIDUE has unveiled new innovations for its European distributors, customers and potential customers for an Autumn Open House from 15-19 October 2012. The limelight, however, was on the Master M5, the groundbreaking printing ...
Tags: GIDUE, innovations, packaging innovations
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Premier's Healthcare Alliance Has Selected Beazley as The Cyber Liability Insurer
Dec 3, 2012Premier's healthcare alliance has selected Beazley as the preferred cyber liability insurer for its clients, which include more than 2,700 US hospitals and 90,000 healthcare sites. The firm's subsidiary, Premier Insurance Management ...
Tags: healthcare alliance, cyber liability, health insurance, insurance
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Avery Dennison Introduced a New Print & Apply Identification Solution
Dec 3, 2012US-based Avery Dennison’s Retail Branding and Information Solutions business has introduced a new print & apply identification solution, LPA 81x, in a bid to increase performance and productivity throughout the global supply chain. ...
Tags: Avery Dennison, labeling technology, identification solution
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