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
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Brazilian dairy cooperative Cooperoeste has begun packing its Terra Viva UHT milk into 1 litre carton packs from SIG Combibloc, following its investment in a filling machine from the European packaging equipment manufacturer. Cooperoeste ...
Tags: Carton Packs, dairy
International Flavors & Fragrances announced that it has entered into an agreement to acquire Fragrance Resources. Founded in 1987, Fragrance Resources is a privately-held, family-owned fragrance company. For almost 30 years, it has ...
Tags: Fragrance Resources, Fragrance
Glencore plc (“Glencore”) announces that a long-term streaming agreement has been entered into by Narila Investments Ltd. (“Narila”), a wholly-owned subsidiary of Glencore, with Franco-Nevada (Barbados) Corporation ...
Tags: Glencore
Model Group, a manufacturer of packaging made of cardboard and corrugated board, is planning to build a material processing plant in Switzerland with an investment of CHF35m ($35m). Planned to be built in Weinfelden, the plant will ...
Tags: packaging, corrugated board
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Rolls-Royce VISION NEXT 100 has made its debut in North America at Barket Hanger in Santa Monica, California. It presents an intriguing and aesthetically dynamic vision of the future of luxury mobility – a completely personal, ...
Tags: Rolls-Royce, VISION NEXT 100
US-based Berlin Packaging has agreed to acquire Italy’s Bruni Glass to expand its presence in the European glass markets. Bruni is engaged in providing glass packages for spirits, wine, food, and gourmet applications. Upon ...
Tags: Berlin Packaging, Packaging
Molson Coors Brewing has completed its previously-announced acquisition of SABMiller's stake in their US joint venture, MillerCoors. The deal, initially signed late last year, closed the day after Anheuser-Busch InBev finalized its ...
Tags: Molson Coors Brewing, Millercoors
JBT Corporation, a global technology solutions provider to high-value segments of the food & beverage industry, announced the completion of its previously disclosed agreement to purchase the assets of Cooling and Applied Technologies. The ...
Tags: beverage industry, JBT
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...
A self-driving vehicle has been tested in public for the first time in the UK. The demonstration in Milton Keynes was coordinated by the Transport Systems Catapult (TSC) and marked the completion of the LUTZ Pathfinder project, which has ...
Tags: self-driving vehicle, TSC, test