Tetra Pak has been notified of the decision issued by the State Administration of Industry and Commerce (SAIC) of the People’s Republic of China, following its investigation into the business practices of Tetra Pak China. “We ...
Norwegian sensor-based sorting company Tomra has introduced a free-fall laser sorting machine in China to help food manufacturers tackle the threat caused by aflatoxin contamination. Branded as Nimbus BSI, the new laser sorters are said ...
Tags: Tomra, Laser Sorter, Aflatoxin Contamination
US based Key Technology has launched a new digital sorter line to improve quality of potato strips and specialty potato products by maximizing removal of foreign material and defects. Branded as VERYX, the digital sorter and intelligent ...
Tags: Key Technology, Potatoes
Graphic Packaging, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for third quarter 2016 of $57.8 m, or $0.18 per share, based upon 320.4 million weighted average diluted shares. ...
Tags: Graphic Packaging, 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 ...
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 ...
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
Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
Silicon Valley based Peco InspX has unveiled an advanced product inspection line using a combination of x-ray technology and cloud-based computing for quality assurance in the food industry. Named as ‘SHIELD’, the new food ...
Tags: Peco, X-Ray, Cloud-Based Product
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 ...
Orchids Paper Products Company reported results for the third quarter of 2016. Third Quarter 2016, relative to Second Quarter 2016 Net sales of converted product decreased 3% primarily due to increased competitive pressures and ...
Tags: Orchids Paper Products
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Catalyst Paper reported significantly improved operating results for the quarter ended 30 September 2016 despite a non-cash impairment write-down of $186.4m on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting ...
Tags: Catalyst, non-cash impairment