Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
New Creation Labels and Packaging (NCLPS) has installed Colordyne Technologies’ aqueous retrofit solution, 3600 Series AQ – Retrofit, at its headquarters in Atlanta to meet the needs for shorter runs and customization from its ...
Mattel 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 ...
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
Osram of Munich, Germany has made an investment (in the mid double-digit million euros range) to acquire a strategic 25.1% stake in LeddarTech Inc of Québec, Canada, which was founded in 2007 and has developed patented Leddar LiDAR ...
Tags: Osram, LiDAR sensing technology
Evans Brewing is set to release three new bottle offerings; Stout at the Devil Russian Imperial Stout, Approachable Bastard Session IPA and the Black Pilsner, Breakfast Black. Our bottle sales have been a real bright spot since we ...
Tags: Evans Brewing, Bottle Offerings
Monocrystal Inc of Stavropol, Russia, which manufactures large-diameter synthetic sapphire substrates and cores for LED, optical product and RFIC applications, has shipped its 150-millionth two-inch equivalent (TIE) product. Since its ...
Tags: Monocrystal, optical product
Israel-based Tipa has developed and manufactured a new technology that could solve the problem of non-recyclable flexible plastic. Food and beverage packaging accounts for more than half of the non-recyclable flexible plastic in the ...
Tags: Tipa, Plastic Recycling
Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
US-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
Schwan’s Company has acquired from Better Baked Foods and Drayton Foods from NE Foods. The terms of the sale were not disclosed. The acquisition represents the second in as many months for Schwan’s as it works to increase ...
Tags: Drayton Foods, Baked Foods
For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
New figures have revealed that UK local authorities collecting beverage cartons for recycling from kerbside has reached 66%. The Alliance for Beverage Cartons and the Environment (ACE ) UK said it was a 16-fold increase on 2006 levels ...
Tags: beverage cartons, beverage