The Namibian government is working on a strategy to take maximum advantage of the African Growth and Opportunity Act (AGOA) that has been extended till 2025, the Namibian Press Agency has reported. The original Act expires on September 30, ...
Finnish pulp and paper maker Stora Enso is contemplating to close down its corrugated packaging converting facility in Chennai, India, due to lack of domestic market. Stora Enso, a firm engaged in renewable solutions in packaging, ...
Tags: Stora Enso, pulp, paper
Destination Maternity Corporation, the world's leading maternity apparel retailer reported a marginal dip in net sales for the first quarter ended May 2, 2015. Net sales for the first quarter of fiscal 2016 were $141.6 million compared ...
Facing flat growth, Indonesian textile industry may see moreLAID- unless the government takes some swift action to help the industry, a leading Indonesian daily has mentioned. Several textile manufacturers in Bandung regency have ...
Tags: textile industry, Textile
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
Amcor has delivered Method Products its first liquid laundry detergent to be packaged in 100% PCR PET. The sleek, transparent container is used for its new 4X concentrated detergent product in a 53oz polyethylene terephthalate (PET) ...
Tags: Amcor, Pet Bottle, Packaging
For the for the thirteen weeks period ended May 2, 2015, GAAP net loss soared at apparel retailer and NYSE listed Abercrombie & Fitch Co. First quarter of fiscal 2016 GAAP net loss surged to $63.2 million or $0.91 loss per diluted share ...
Tags: Abercrombie&Fitch, Apparel
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
Charoen Pokphand Foods (CP Foods) is reportedly planning to build a new shrimp processing plant in India. The proposed shrimp facility will be built in proximity to the company's farms in the southern state of Andhra Pradesh. CP Foods ...
Tags: Shrimp Processing Plan, CP Foods
Xerium Technologies has introduced an improved polyurethane roll cover technology Blue Diamond for press nip conditions in paper making industry. US-based Xerium supplies woven fabrics and other products used in making paper. According ...
Global Closure Systems (GCS) has upgraded Jeroboam snap-hinge standard dispensing closure for French multinational retailer Carrefour’s range of coolant and windscreen washer products. According to GCS, the new design of Jeraboam ...
ConAgra Foods is planning to cease operations at its cookie manufacturing facility in Ripon, in the US state of Wisconsin. The move will put close to 300 jobs at risk, with the job cuts to be completed by December this year, FOX 11 ...
Tags: ConAgra Foods, Ripon Cookie
Bosch Packaging Technology will display two new pharmaceutical inspection machines capable of conducting container closure integrity and high-end leak tests, during Achema 2015 to be held in Germany from June 15 to 19. While the KHS 1 ...
Tags: Leak Detection Machines, Bosch
The closure features a wide top and intricate detail on the stem to complement the square-curved bottle, and is injection moulded in ABS. The complex design involves the manufacture and assembly of several different components. RPC ...
Tags: Joy Forever, high-end decoration
Paper and packaging company Georgia-Pacific will close its manufacturing plant at Parchment in Michigan by the end of this year. Terming it as a strategic decision, the company said it will move the plant's food and other wrapping ...
Tags: Georgia-Pacific, Paper packaging