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
Green packaging and tissue products manufacturer Cascades is investing $80m to build a new containerboard packaging facility in Piscataway, New Jersey, US. The new center, which is due to start operations in 2018, will produce corrugated ...
Tags: packaging, tissue products
Harper Corporation has completed its annual technical meetings at their corporate headquarters in Charlotte, North Carolina, US. These meetings are part of Harper's strategic plan to support their customers with dedicated technical ...
China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.5GW for ground-mounted PV projects and 32GW, or 8GW a year, for PV projects under the "Top Runner Program," ...
Tags: PV capacity, PV
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
Anchor Packaging has once again earned “High Hygiene” certification from NSF International for the BRC Global Standard for Packaging. The British Retail Consortium (BRC) is the leading safety and quality certification program ...
Process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that ultraviolet short-wavelength light-emitting diodes (UV-C LEDs) research firm CrayoNano AS of Trondheim, Norway - which was founded in June 2012 based on research ...
Tags: UV-C LED, Graphene Growth
Packaging and specialty products provider Supremex has acquired folding cartons supplier Staurt Packaging for $17.5m on a cash-free and debt-free basis. Supremex will pay an additional amount of about $2.1m in two years based upon ...
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
Containerboard and corrugated packaging products producer KapStone Paper and Packaging has released its fifth annual sustainability report which shows ongoing progress towards meeting its 2020 sustainability goals. Conforming to the ...
Tags: KapStone Paper, Packaging
UK-based Fast Pak Packaging has installed a new 1700 x 1200 size semi-automatic diecutting machine in the Redline product range manufactured by Diecut UK as part of an ongoing expansion plan. The new Redline diecutter has been placed next ...
Tags: Fast Pak Packaging, Packaging
Revere Packaging has acquired custom trays and container manufacturer Plastic Package for an undisclosed sum. The combined business will be headquartered in Shelbyville in the state of Kentucky. It will meet the current and future food ...
Tags: Revere Packaging, Package
US Foods has agreed to acquire broadline distributors, The Thompson Company, Braunger Foods and Variety Foods, owned and operated by Toba. Toba entered food distribution in 1995 with the purchase of The Thompson Company in Grand Island, ...
The Flexible Packaging Association (FPA) has announced that the 2018 Flexible Packaging Achievement Awards Call for Entries is now available and the deadline is 27 October 2017. The 2018 Call for Entries provides an overview of the ...
Tags: Flexible Packaging, Packaging
Lollicup USA has signed the land development deal to begin construction of the company's new, 700,000 ft2 manufacturing facility in Rockwall, Texas, US. The manufacturing plant, located not far from Dallas, will open with new machines for ...
Tags: Lollicup USA, packaging