Dairy giant Arla Foods has launched its first branded organic product to expand its milk offerings in the UK. Branded as the Arla Organic Farm Milk, which comes in 2-litre semi-skimmed and whole milk formats, has a price tag of ...
Tags: Arla, organic product
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Indian firm Prabhat Dairy has invested about INR140 crore ($21m) to establish new production lines for cheese at its Shrirampur facility in Ahmed Nagar. The company's cheese product portfolio includes mozzarella, cheddar, processed cheese ...
Tags: Prabhat Dairy, cheese
"There is no doubt that John has changed the LEGO Group and that the LEGO Group has changed him," said CEO Jorgen Vig Knudstorp. LEGO chief financial officer John Goodwin will leave the company on June 30th, 2017. Goodwin joined the ...
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 ...
A recent study has revealed that the US craft spirits industry is increasing rapidly, with 1,315 craft distillers active as of August this year. The study, known as the Craft Spirits Data Project was presented at the Craft Spirits ...
Tags: Craft Spirits, distillers
Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...
Tags: Huhtamaki, Flexible Packaging
Silgan, a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported third quarter 2016 net income of $69.8 million, or $1.15 per diluted share, as compared to third quarter 2015 net income of $70.3 ...
The Scottish Government has selected Neogen to carry out genomics testing as part of its program to enhance the country's beef herd. The program, dubbed the Beef Efficiency Scheme, aims to improve the overall herd profitability and to ...
AptarGroup has announced quarter results for this year. Third quarter results For the quarter ended September 30, 2016, reported sales increased 1% to $590 million from $586 million a year ago. Excluding the negative impact from changes ...
Tags: AptarGroup, Packaging
Avery Dennison Corporation announced preliminary, unaudited results for its third quarter ended 01 October 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison
Cascades, a manufacturer of green packaging and tissue products, introduced its new brand identity within its Tissue Group division, Cascades Pro, the culmination of a major brand transformation for the former Away-From-Home division. The ...
Tags: Cascades, green packaging
Krones, a manufacturer of filling and packaging technology, continued its stable growth in the first three quarters of 2016. Despite economic uncertainties and intense competition, revenue improved 4.8% year-on-year from €2,270.7 ...
According a new report from Smithers Pira, corrugated board packaging market to reach $269bn in 2021, though the annual growth rate is expected to decrease to 3.6%. Growth in demand for corrugated board packaging is showing signs of a ...
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings