CTI Industries, a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, has reported net sales of $12.81m for second quarter ended 30 June 2017, compared to $14.15m for the same period ...
Tags: CTI Industries, flexible packaging
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
For second-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $115.1m, up 22% on $94.4m last quarter and up 53% on $75.3m a year ago. However, this includes ...
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
US corrugated packaging firm Westrock has reported net sales of $3.69bn for third quarter ended 30 June 2017, compared to $3.59bn for the same period last year. Net incone was $328.1m in the quarter, compared to $92.3m in the year-ago ...
Tags: corrugated packaging, packaging
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, 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
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
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
Samuel Adams has collaborated with five different breweries across the US to brew a limited series of 12-pack, named Brewing the American Dream Collaboration Pack. From bartenders to chefs, the collaborative spirit of "craft" is stronger ...
Tags: Samuel Adams, beer
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
McLaren Automotive has debuted new convertible Sports Series model, the 570S Spider, at Goodwood Festival of Speed in the UK. The 570S Spider is powered by 3.8 litre V8 twin-turbocharged engine connected to a seven-speed gearbox, that ...
Tags: McLaren, Automotive
Solegear Bioplastic Technologies has announced its audited financial results for the 12 months ended February 28, 2017. Solegear reports revenues of $2,066,061 for the fiscal year ended February 28, 2017 compared to revenues of $146,036 ...
Tags: Solegear, organizational products