UK-based corrugated packaging provider DS Smith has opened a new consumer packaging facility in Erlensee, Germany. The company has invested €50m to develop the new facility, which will support the company to provide better services ...
Tags: Packaging, corrugated packaging
Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
Daibochi Flexibles, a wholly-owned subsidiary of Daibochi Plastic and Packaging Industry, has signed a memorandum of agreement (MOA) with Myanmar Smart Pack Industrial Company to tap into the growing consumer packaging market. As part of ...
Tags: Daibochi, Smart Pack, Flexible Packaging
Global packaging firm Sonoco has acquired privately held flexible packaging company Plastic Packaging (PPI) in a bid to expand its capabilities in Southeast US. However, the financial terms of the deal were undisclosed. PPI is engaged ...
Tags: Sonoco, Plastic Packaging
Australian rigid and flexible packaging products provider Amcor has closed acquisition of plastic blow molding operations of the US-based packaging firm Sonoco Products for $280m. As part of the deal signed earlier, Amcor has purchased ...
Tags: flexible packaging, Amcor
Packaging company Sonoco has invested an undisclosed amount in high performance film core production equipment in the US. The investment at its facility in Hartsville, South Carolina is expected to provide improved cores for various high ...
Tags: Sonoco, high performance film core production equipment
Klöckner Pentaplast will display applications of a wide range of packaging solutions at two locations during the Pack Expo International and the Pharma Expo International 2016 shows, November 6-9 at McCormick Place in Chicago, ...
Tags: Klockner Pentaplast, Pack Expo International, packaging solutions
Australian packaging company Amcor has signed an agreement to acquire the North American plastic blow molding operations of US-based packaging firm Sonoco Products for $280m. Under terms of the deal, Amcor will acquire Sonoco Specialty ...
Tags: Amcor, Sonoco Products, agreement
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
International Paper reported second quarter 2016 net earnings attributable to International Paper of $40m ($0.10 per share) compared with net earnings of $334m ($0.81 per share) in the first quarter of 2016 and net earnings of $227m ($0.54 ...
In the new consumer packaging plant that DS Smith is currently building in Erlensee (close to Frankfurt), the first machines are currently being installed, one after the other. One of them is the new machine for the creation of compressed ...
Tags: DS Smith, Air From Cogeneration
South African paper and packaging company Mondi Group has agreed to acquire ZAO Uralplastic-N (Uralplastic). The deal has been signed with Joint Stock Company Rusnano and a private investor to acquire Uralplastic, for undisclosed amount. ...
Tags: Consumer Packaging, Packaging
Germany based manufacturer of primary plastic packaging Sanner has introduced new closure for effervescent packaging. The new FOG 27 senior-friendly closure is designed for nutritional supplements such as vitamins or minerals. A study ...
Mondi Group has agreed to acquire 90% stake in Turkish consumer packaging firm, Kalenobel, for €90m. The company will purchase the outstanding share capital in Kalenobel from Argus Capital and M. Olcay Hephiz, one of the company's ...
Tags: Mondi, Turkish Packaging