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
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
Alto, a subsidiary of Australian packaging company Pact Group, has designed a new bottle for Goodman Fielder’s Meadow Fresh brand for their permeate free milk range. Developed by collaborating with Goodman Fielder’s Meadow ...
Tags: Milk Bottle, Meadow Fresh
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Danish brewing giant Carlsberg Group has reported a 4% decrease in its net revenue to DKK17.53bn ($2.57bn) for the third quarter of this year, compared to DKK18.3bn ($2.7bn) for the same period in 2015. The brewer blamed the negative ...
Australian packaging company Amcor has acquired China-based Hebei Qite Packing for around RMB185m ($28m). The acquisition will allow Amcor to expand its flexible packaging operations in the Northern China region. Hebei Qite, which ...
Austrian-based Agrana Fruit has expanded its presence in the South East Asian region and India with new facilities and local partnerships. In Bangkok, the food company opened a new representative office along with a product development ...
Tags: Agrana, Agrana Fruit
DuPont Nutrition & Health has announced to invest $100m to increase its probiotics manufacturing capacity in the US. The specialty food ingredient company expects to increase the production of probiotics by 70% through the new investment. ...
Tags: DuPont, Nutrition&Health
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Taiwan Hon Chuan, a producer of caps and performs, has selected Sacmi’s IPS 400 injection preform moulding machine to manufacture PET performs. Sacmi, as part of an agreement signed in May 2016, will supply its three complete ...
US based packaging firm Sealed Air has introduced cartoning solution designed to protect package cartons during transit while eliminating the use of outer boxes or additional packaging materials. StealthWrap claims to provide security and ...
Tags: Sealed Air, Package Cartons
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
Sony will bring at least five games based on PlayStation titles to Android and iOS smartphones in the next 18 months according to a report. As Japanese news site Nikkei states, the new games will initially launch in Asia in the business ...
Tags: Smartphone, Sony
The latest analysis “2017 Global Lighting Market Outlook” by LEDinside, a division of TrendForce, finds that LED lighting market to worth US $29.6 billion in 2016 and is to rise to US $ 33.1 billion as of 2017. Meanwhile, the ...
Tags: LED lighting, LED