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
Primera Technology will unveil new LX500e label printer and CX1200e color label press at Empack Madrid event in Spain. The event will take between 23 and 24 November in Madrid. Part of the LX-series printers, the new LX500e features a ...
Tags: Primera Technology, label printer
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
US-based Berlin Packaging has closed the acquisition an Italian company Bruni Glass to expand its presence in European glass markets. The combined company is expected to have annual sales in excess of $1.2bn by the end of 2016 and a ...
Tags: Berlin Packaging, Bruni Glass
Refresco Group has published third quarter 2016 results. It has reported increased volumes and net profit in Q3 2016. Q3 2016 highlights: Total volume increased 8.0% to 1,803.8 million liters.Co-Packing volumes grew by 61.1% to 486.3 ...
Tags: Refresco Group, Refresco
The European Food Safety Authority (EFSA) has come up with new guidance documents relating to the safety of novel and traditional food from third countries. According to EFSA, the fresh regulation has been made in an attempt to ensure the ...
Angry Orchard and Eden Specialty Cider have introduced their first American collaboration cider, Understood in Motion 01. This cider is Angry Orchard's first American collaboration. Additional Understood in Motion ciders, named for the ...
Tags: Angry Orchard, Cider
UK based packaging company RPC Group has £220,000 in a new liquid polymer printer. The new Connex 3 Objet 500 liquid polymer printer is capable of printing items, including a container with a label, in up to 5 litres in size and ...
Tags: packaging, Liquid Polymer Printer
No longer the mainstay of hand-humping early adopters, virtual reality is truly about to enter the big league. IMAX is raising $50 million to finance the next generation of visual entertainment, à la virtual reality. The media ...
Tags: VR Content, IMAX
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 ...
The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
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
Denmark’s food processing firm Danish Crown is planning to setup a processing and retail product facility in Shanghai, China as part of its 2021 strategy. The company plans to invest about DKK300m ($43.9m) for the plant, which will ...
Tags: Danish Crown, Processing Facility
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
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